1 month ago

Job Summary

Ensure all accounts practices are well met according to the accounting standards, and check and preparation of necessary financial reports as per management.

  • Minimum Qualification:Bachelor
  • Experience Level:Mid level
  • Experience Length:3 years

Job Description/Requirements

Function: Finance 

Country: Uganda 

Reports to (designation): Finance Manager 


Main purpose of the position: 

Ensure all accounts practices are well met according to the accounting standards, and check and preparation of necessary financial reports as per management. 


2. Reporting into this position (designation and level) 


Key responsibilities: 

Financial accounting processes 

  • Review and post accounting transactions as per IFRS and company guidelines  
  • Perform accounts and ledger reconciliations 
  • Reviews petty cash to ensure that all expenditures are correctly recorded and that the register entries are correctly documented. 
  • Perform cash and bank reconciliations and resolve reconciling items 
  • Responsible for end-of-month closing of books 
  • Monitor/implement internal controls to counter fraud/theft 
  • Maintain an updated fixed assets register that reconciles physical assets to the fixed  assets module and general ledger in ERP  
  • Participate and supervise periodic stock taking and stock reconciliations process ⮚
  • Review and ensure timely and accurate settlement of accounts payable 
  • Monitor company prepayments and advances accounts 
  • Review and reconciliation of intercompany company accounts 
  • Updating system with exchange rates as per company guidelines and ensuring accurate  computations and posting of foreign exchange gain/losses 
  • Preparation and updating of company ECL model as per company guidelines 


Statutory and business compliance 

  • Review accounting transactions for compliance with statutory and tax regulations 
  • File monthly taxes accurately and as per the statutory requirements 
  • Follow up and ensure timely payment for taxes and other statutory obligations 
  • Monitoring and Updating the URA Portal Monthly requirement like Password  amendment, returns acknowledgment & history, etc 
  • Prepare audit schedules to facilitate smooth external, internal, tax, and other audit  engagements
  • Take lead in the follow-up on correspondences with regulators including URA, NSSF, and others  


Management information 

  • Prepare Monthly, quarterly and annual reports as per company guidelines 
  • Generate timely monthly and annual financial statements  
  • Provide analysis of performance compared to budget (for revenue and expenses)  
  • Keep trend analysis of key financial performance indicators (KPI)  
  • Monthly aging reports (Debtors, Creditors, and Inventory) 
  • Monthly cash flow reports 
  • Procurement reports as per company guidelines 


Qualifications required: 

  • Bachelor's degree or higher is essential, preferably in accounting or finance 
  • Professional membership to ACCA/CPA/CPA 
  • Minimum of 3 years of working experience, in a finance/accounting role 
  • Excellent Microsoft Office skills 
  • Experience in dealing with and managing tax-related queries is an added advantage 


Key competencies and skills

  • Excellent communication skills 
  • Leadership Skills 
  • Project management skills 
  • Interpersonal skills 
  • Strong planning & organizing skills 
  • High on initiative and ability to manage ambiguity 


Computer literacy: 

  • MS Office packages 
  • IT Software applications 


Personality profile:  

  • Positive 
  • Business-centric 
  • Fast-paced and prompt 
  • Achievement-oriented 
  • Energetic and Enthusiastic


How to apply.

All applications will be received and Reviewed through Brightermonday Portal by Clicking on the 'Apply Here' section.


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