Assistant Principal Pension Officer Job Placements – Makerere University Retirement Benefits Scheme (Murbs) Jobs in Kampala

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Job Title    Assistant Principal Pension Officer Finance and Investment
Organisation Makerere University Retirement Benefits Scheme MURBS
Duty Station  Kampala, Uganda
Reports to Principal Pension Officer
 
About US
Makerere University Retirement Benefits Scheme MURBS is a scheme for Makerere University staff. MURBS was established under irrevocable trust with effect from 1 April 2009 and is licensed by the Uganda Retirement Benefits Regulatory Authority. The Scheme was set up by Makerere University for the purpose of providing retirement benefits to employees of Makerere University upon retirement from the University.
 
Job Summary  The Assistant Principal Pension Officer Finance and Investment will provide financial and investment administration support to the Principal Pension Officer in all financial matters of the Scheme and administration of the Scheme’s investments.
 
Key Duties and Responsibilities 
Finance, Investment Administration and Planning Support
Support the PPO in the planning process for finance and Investment Administration in compliance with the law and the relevant Scheme policies and procedures.
Keep track of the Scheme’s finance and investment administration processes and documentation
Prepare quarterly and annual financial statements after reviewing and closely liaise with the PPO in all financial matters for accuracy and consistency.
Prepare and monitor budgets, cash flows and liquidity requirements.
Prepare financial projections to aid in distributing funds to the Fund Managers and operational accounts of the Scheme.
Financial Management
Ensure that approved and acceptable expenses are incurred by the Scheme & within the approved budget.
Check and verify members’ contributions received to the accounts and benefits payments made by the Scheme.
Ensure appropriate disbursement of all funds advanced for Scheme activities.
Arrange for special procurements and participate in designing of the Terms of Reference or RFPs.
Analyze and carryout approval of all transactions posted to the general ledger.
Ensure that all cash and bank-related transactions are posted accurately, timely and in the correct period.
Review reports on custody, fund management, and benefits payment and flag any irregularities for action on time.
Accountability
Ensure that all the Scheme’s finances are accounted for.
Take accountability of all accounts and maintain all processes in adherence to the Scheme’s principles and policies.
Coordinate banking services provided to the Scheme.
Maintain monthly reconciliation of the Scheme’s accounts.
Account for all cash advances.
Review Scheme operational expenses and maintain an accurate journal of all the expenses, as well as analyze budget reviews presented by the Administrator and confirm their consistency with the Scheme expenditure and the predetermined ratios.
Establish, verify and maintain appropriate records in relation to custody operations.
Payroll Management
Make sure that all employees are paid accurately and timely.
Review the payrolls to ensure accuracy of both statutory and non-statutory deductions in accordance with the relevant laws, policies and agreements.
Coordination of Financial Activities/Services
Coordinate and liaison with the sponsor, the Fund Manager, the Custodian, the Uganda Retirement Benefits Regulatory Authority, the Uganda Revenue Authority and all other professionals and service providers engaged by the Scheme.
Manage the financial activities of the MURBS Secretariat Staff. Follow-up with the Custodian and Fund Managers engaged by the Scheme to ensure that they work in accordance with their respective contractual agreements and relevant policies and laws in place from time to time.
Liaise with the Fund Managers and track Board resolutions pertaining to the Scheme funds.
Investment and Asset Management
Ensure that the Scheme’s assets are properly managed and safeguarded.
Carry out appropriate accounting for fixed assets and capital expenditures.
Direct and enforce the tagging of the Scheme’s fixed assets. d Arrange for the disposal of the Scheme’s boarded off assets.
Monitor investments undertaken by the Fund Managers, monitor purchase and sell off bonds and establish compliance with the Investment Policy Statement.
Develop and implement systems to manage, document and report on the Scheme’s inventory assets such as property.
Stakeholder Engagement
Maintain a healthy relationship with the stakeholders
Track Member queries to their resolution and assists in preparing written responses to special inquiries.
Study prevailing markets and advise Trustees on the appropriateness and applicability of the Investment Policy Statement or changes that may be needed.
Review benefits statements of members and makes appropriate recommendations.
Track benefits’ payment details of members, notify members of their payments/beneficiaries and maintain updated electronic and hard copy records.
Obtain/verify relevant records from the University Pension Office to support benefits to members/beneficiaries.
Support Member Registration and Benefits Administration
Ensure the maintenance of appropriate membership records.
Record all contributions made by Makerere University.
Process all approved payment applications for retirement benefits and any other claims as advised by the PPO.
Financial Reports
Prepare and analyze financial reports concerning the financial performance and position of the Scheme.
Collect, reconcile and provide reports on all financial data for the Scheme to the PPO.
Prepare tax reports and maintain accounts.
Compliance and Risk Management Support
Manage the Scheme’s activities and programmes in compliance with the Trust Deed, Scheme Rules, and statutory and regulatory requirements.
Monitor and track risk issues on a regular basis and ensure continuous improvement in operating procedures to avoid risk.
Prepare statutory reports/information to the Uganda Retirement Benefits Regulatory Authority and Uganda Revenue Authority as required.
Maintain a database of licenses held by the Scheme and ensure that financial information records are maintained properly.
Work with the Administrator to facilitate audits and compliance to standards.
Make correct tax deductions, and supervise filing of URA returns and remittance to the relevant authorities as required by law.
Other Duties and Responsibilities
Take minutes at Trustee meetings as delegated from time to time.
 
Key Performance Indicators
Timely and Accurate Reporting.
Maintenance and Provision of Accurate and Acceptable Financial Information/ Records
Relationship management with key stakeholders.
Legal compliance
Compliance to internal controls


Qualifications, Skills and Experience
The ideal candidate should preferably hold a Bachelor’s Degree in Investment Analysis / Management, Commerce, Finance, Insurance, Pension Management & Administration, Statistics, Mathematics or any related field.
At least three years of experience in finance or Investment Management with at least two years of Investment Management.
Fund management; Accounting methods and procedures; Public Relations; Pension sector administration/management; Analytical skills; Communication skills; Interpersonal skills; and, Planning and organization skills.
 
How to Apply
All candidates should send an application letter, signed curriculum vitae with names and addresses of at least two referees, and copies of relevant academic/professional certificates via email to info@murbs.mak.ac.ug  and copy to, skhaitsa27@gmail.com
 
The Application should be addressed as below;
Attention Principal Pension Officer
Makerere University Retirement Benefits Scheme
P.O. Box 7827, Kampala
Lincoln Flats B4, Makerere University
 
Email to info@murbs.mak.ac.ug
 
NB Only shortlisted candidates shall be contacted.
 
Deadline 14th June 2021 by 400pm 
 

Send your Application Through

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Email⇒info@murbs.mak.ac.ugskhaitsa27@gmail.cominfo@murbs.mak.ac.ug
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Jobs in Kampala Uganda Uganda Jobs Jobs in Kampala Assistant Principal Pension Officer Job Placements – Makerere University Retirement Benefits Scheme (Murbs) Jobs in Kampala at Uganda Jobs Assistant Principal Pension Officer Job Placements – Makerere University Retirement Benefits Scheme (Murbs) Employment opportunities Uganda Jobs

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Brown Alex Friday, 11 June 2021 Employment opportunities at Kampala Jobs in Kampala Uganda Jobs Uganda Jobs