Tropical Bank was established in 1973 under the name Libyan Arab Uganda Bank for Foreign Trade and Development. Tropical Bank Limited is jointly owned by the Governments of the Republic of Uganda 0.03% and the Libyan Foreign Bank (LFB) 99.97% of Paid-up Capital. The Bank provides professional and personalized commercial banking services to various sectors of the economy including financial support to Parastatals, Corporates, Small and Medium Enterprises, Individuals, and Non-Governmental Organisations.

Prepare the monthly financial reports for management, regulators, and other stakeholders.
Report on compliance with financial controls, including fixed asset management.
Regularly and accurately update the general ledger to reflect all financial transactions.
Support the business when preparing or evaluating new proposals (new contracts, revisions of contracts, investment decisions).
Prepare payment vouchers for approval by the line manager and advise or post the approved payments and transactions into the Core Banking System.
Support the line manager and other team members in ad-hoc financial projects and tasks as needed.
Prepare periodic suspense and Nostro accounts reconciliations and reports
Ensure that creditors’ payments are made in a timely manner.
Ensure accurate financial record-keeping at all times.
Ensure implementation of internal control points or recommendations raised by external and internal auditors.
Assist in preparing financial reports and statements required by regulatory authorities, ensuring compliance with relevant banking regulations, accounting standards (IFRS), and tax laws.
Process financial transactions, including accounts payable, accounts receivable, journal entries, and bank reconciliations.
Conduct periodic fixed assets verification exercises and ensure that asset movements are followed and updated in the register in liaison with the administration department.
Ensure the end-of-month provisions and amortization schedules are prepared and posted into the accounting system
Support in analysing variances between actual and budgeted figures and provide explanations for differences
Analyse and consolidate all information submitted by departments and branches for budget formulation
Review & analyse all off-balance sheet items and liaise with the Credit department to confirm accuracy.
Compile regulatory returns and ensure submission on time