Accountant

2. KEY RESPONSIBILITIES

2.1 Accounting & Bookkeeping

• Maintain accurate and up-to-date financial records, including general ledger, income statements, balance sheets, and cash flow statements.
• Process and record all financial transactions including sales, purchases, expenses, inventory movements, and journal entries.
• Prepare and post monthly accruals, prepayments, depreciation, and other adjusting entries.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Own the accounting system (e.g., QuickBooks, Tally, Zoho Books, or similar ERP) and ensure all data entry is accurate and timely.

2.2 Accounts Payable & Receivable

• Process supplier invoices and ensure timely payments in accordance with authorization and approval policies.
• Manage customer invoicing, track receipts, monitor outstanding balances, and manage debtor days.
• Reconcile supplier and customer accounts and resolve discrepancies promptly.
• Support the sales team with customer payment follow-up and account statements.

2.3 Inventory & Landed Cost Accounting

• Maintain inventory valuation records and landed cost calculations for imported electronic appliances.
• Reconcile stock movements with the inventory team and investigate any differences.
• Support pricing decisions with gross margin analysis by SKU and customer segment.

2.4 Bank & Cash Management

• Conduct daily bank reconciliations and monitor cash flow to support sound liquidity management.
• Prepare cash flow forecasts and flag short-term funding gaps early.
• Manage petty cash and staff advances.

2.5 Statutory & Tax Compliance (Uganda-Specific)

• Ensure timely and accurate preparation, submission, and reconciliation of all statutory tax filings, including VAT (18%), Corporate Income Tax (30%), PAYE, Withholding Tax (WHT), and NSSF contributions.
• Maintain full compliance with Ugandan tax laws and proactively address potential tax risks.
• Keep all business records as per the norms of the Uganda Revenue Authority (URA).
• Support and coordinate tax audits and engagements with tax authorities.
• Stay updated on evolving Ugandan tax laws (including the Finance Act 2026/27 amendments) and assess their implications for business operations.

2.6 Internal Controls & Process Improvement

• Recommend and implement internal controls for approvals, cash handling, discounts, credit limits, and supplier payments.
• Identify opportunities for process improvements and automation within the accounting function.
• Maintain organized files for import documents, supplier invoices, customer invoices, payment proof, and payroll records.

2.7 Audit & External Liaison

• Support month-end and year-end closing processes.
• Liaise with external auditors, tax advisors, and regulatory bodies.
• Prepare audit schedules and ensure audit readiness at all times.

3. QUALIFICATIONS & EXPERIENCE

3.1 Education

• Bachelor's degree in Accounting, Finance, Commerce, or a related field from a recognized institution.
• Professional certification (CPA, ACCA, or equivalent) is required or at a minimum, part-qualified and actively pursuing.

3.2 Experience

• 3–5 years of progressive accounting experience, preferably within FMCG, distribution, trading, or import accounting.
• Proven experience in a sales-driven environment (electronics distribution, FMCG, retail, or trading).
• Experience working with imported goods, landed cost calculations, and inventory valuation

How to Apply:

All applications will be received and reviewed through the BrighterMonday Portal by clicking on the 'Apply Here' section