Yako Bank was incorporated in 2010 and began operating as a deposit-taking
microfinance institution (Yako Microfinance Uganda Ltd) in September 2015. In 2020, the
institution was upgraded and licensed by the Bank of Uganda as a Tier II Credit Institution
under the name Yako Bank Uganda Limited, taking over the financial services business of
its predecessor microfinance arm.
Today, Yako Bank is a fully-fledged credit institution serving a growing clientele through
a network of four branches in Kampala and Jinja.
The Bank offers a variety of products and services including savings accounts, term
deposits, collateralized and non-collateralized loans, and basic mobile banking services to
its target markets—SMEs, salaried individuals, micro-entrepreneurs, and smallholder
farmers.
1. FINANCE OFFICER –(No. of Positions 1)
This position reports directly to the Finance Supervisor and will be based at Head Office.
Role of the Job:
Responsible for preparing and submitting weekly and monthly Bank of Uganda returns,
tax returns, payroll and statutory deductions in Yako Bank. The job entails supporting
the Finance Supervisor with monthly BoU returns and GL reconciliation schedules, while
ensuring compliance with the Finance Policy, the Delegated Authority Framework (DAF)
and Tier 2 Credit Institution regulatory deadlines.
Key Result Areas:
• Prepare the Weekly Liquidity Risk Return and submit via the BSA portal within two
working days of each reporting period.
• Support preparation of Form BS100 (Monthly Statement of Assets and Liabilities) by
providing schedules and reconciliations for submission by the 7th of each month.
• Prepare and submit URA tax returns: PAYE, Withholding Tax (WHT), Value Added Tax
(VAT) and Corporate Income Tax.
• Ensure PAYE, NSSF and WHT returns and payments are filed by the 15th of the month
following the withholding.
• Maintain tax reconciliations to the General Ledger, respond to URA queries, and
prepare monthly journals for tax provisions and statutory deductions.
• Process payroll and statutory deductions accurately and on time, and maintain payroll
records reconciled to the General Ledger.
• Ensure NSSF contributions are remitted monthly – 15% of monthly emoluments (10%
employer, 5% employee) in accordance with the NSSF Act.
• Assist with GL reconciliation schedules and post transactions within the Core Banking
System (CBS) as required.
• Log exceptions and control breaches in the Exceptions Register, adhere to the DAF and
apply AML/CFT finance controls, escalating suspicious transactions to Compliance.
Minimum educational and technical competence requirements:
▪ Bachelor’s degree in Accounting, Finance, Commerce or a related field from a recognized
University.
▪ Professional accounting qualification: CPA (U) or ACCA (completed or in progress); a tax
qualification is an added advantage.
▪ At least 2–3 years of relevant experience in finance, tax or payroll, preferably in a bank or
financial institution.
▪ Good knowledge of Uganda tax laws (PAYE, WHT, VAT, Corporate Income Tax) and the
NSSF Act.
▪ Working knowledge of Bank of Uganda regulatory returns and the BSA portal.
▪ Proficiency in Advanced Microsoft Excel and payroll systems.
▪ High attention to detail, ability to meet strict statutory deadlines and a high level of
integrity.
Position carries an attractive salary and benefits package.
Applications: Suitably qualified candidates should address their application in one
document to Head, Human Resource, Yako Bank. email it to [email protected] as well
as photocopies of academic testimonials, and a CV. The CV should include telephone
contacts and email addresses of three referees, one of who should be the most recent
employer.
Closing date for submission of the applications is 12th October, 2026. Only shortlisted
candidates will be contacted.
Please note that in line with the Bank procedures, no job offers are made online