Branch Accountant

Position Location: Gulu

Department: Finance

Hours per week: 45

Company Context: 

Eleglance Finance is a privately owned microfinance institution dedicated to delivering benefits of financial services tailored to individuals, groups and SMEs that find it challenging to access services from mainstream banks. Our investment goes beyond providing capital but creating innovative solutions tailored towards the financial needs of a growing private equity. We opened doors in May 2012 and have since then expanded to several branches.

Company Relationships: 

Position reports to: Finance Manager

Key relationships:

The Position works closely with both the Finance Manager (FM) and Branch Manager (BM) to ensure the growth of the Branch and its Clients.

Job Summary: 

To ensure and provide accurate and timely financial and statistical information required by management to make short-term and long-term decisions. To keep track and control of all income and expenditure, assets, and obligations of the Branch as well as comply with all statutory requirements.

Key Responsibility Areas 

Core Responsibilities

• Deputizing the Branch Manager.

• Book-keeping and primary accounting records and petty cash interest management;

• Filing and coding of all vouchers/documents as per chart of accounts, including proper verification of receipts and payments to ensure accuracy of information;

• Ensuring proper classification of transactions as assets, liabilities, income and expenses, and must check on all entries entered in the system; to ascertain their genuineness, accuracy and who authorized them;

• Preparing of monthly and yearly reports of all Income and Expenditure results, trial balance extraction, bank reconciliation and income statements;

• Participating in external and internal audit matters;

• Stock taking of assets and maintaining of asset register;

• Meeting reporting requirements (weekly, monthly, quarterly and annually) for both external and internal users;

• Monitoring the minimum and maximum cash levels on a day-to-day basis and;

• Handling any treasury related activities, and provide technical support in accounting for treasury related instruments, including Cash in Vault /treasury verification, receiving cash certificates and any other accounting requirements as deemed necessary.

• Regularly monitors that all expenditures are according to budget.  

• Follow up on accountability for advances to staff and prepare an updated schedule

• Preparation of the monthly payroll information for the Branch staff, sharing with the FM in a timely manner. 

• Ensure teller accounts are reconciled to zero and follow up on any shortages or overages.

• Prepare daily and monthly bank reconciliations for all bank accounts. 

Key Performance Indicators

• Please refer to the Performance Agreement/Scorecard 

Personal Specification

Education & Certifications:

• A Bachelor’s Degree in Accounting, Finance, commerce, economics, microfinance, development studies, business studies, international business, banking and finance, marketing, business computing/statistics, social sciences, social administration or any other relevant field. 

• Partial or full professional qualification in CPA or ACCA.

Essential Knowledge and Experience

• At least 1-2 years’ experience in a similar/related position.

• Ability to communicate fluently, having a cheerful disposition with clients at all times.

• Highly trustworthy individual.

• Be ready and able to work within a team.

• Ability to read, count, and write to accurately complete all documentation.

• Ability to operate all equipment necessary to perform the job such as cash tills.

• Prior experience selling products and services is an added advantage

• Excellent customer awareness and good emotional intelligence skills.

• Fluency in commonly used local languages in the EFL area of operation.

Other Required Skills & Competencies:

• Ability to plan, organize, and prioritize work.

• Self-driven and result-oriented

• Remain flexible in order to adapt to changes in the work environment.

• Maintain confidentiality of sensitive information.

• Possess a work ethic that includes neatness, punctuality, attention to detail, and accuracy.

• Basic computer skills, including e-mail, word processing, and spreadsheets.

• Excellent interpersonal skills to facilitate interaction with the clients and other staff.

How to apply: 

All suitably qualifying candidates should send their application and  Updated CV together with copies of certified academic and professional certificates, current salary, salary expectations, names of 3 referees, and daytime telephone contact (saved as one PDF document) through the Brightermonday Portal by Clicking on the 'Apply Here ' section  Before 30th November 2023. 

Please note that the recruitment is ongoing as applications come in.

EFL is an equal opportunity employer with no consideration Only shortlisted candidates will be contacted. Please note that canvassing and lobbying will lead to automatic disqualification of the candidate. Female Candidates are encouraged to apply.