Electricity Generation Company Ltd (UEGCL)
Uganda
Financial Accounts
2001 under the Companies Act, 2012 on the basis of the Public Enterprises
Reform and Divestiture Act, Cap 98 and Electricity Act, Cap 145 respectively.
UEGCL is wholly owned by the Government of the Republic of Uganda. UEGCL’s key
role is to – carry on the business of electric power generation and sale within
Uganda or for export to neighbouring countries; build, operate and maintain
Electricity Generation Plants; monitor the operation and maintenance of its
Concessioned Assets – Nalubaale and Kiira Power Stations; provide Technical
Support as and when required by the Government of the Republic of Uganda
through the Ministry of Energy and Mineral Development; organize, support,
encourage and maintain training facilities in technical and related fields,
amongst others.
process to ensure the Company gets favourable credit terms and continuous
supply of goods and services. The incumbent will also manage the company’s
accounts payable ledgers and the proper accounting of expenditure in compliance
with sound accounting principles and company policies
Responsibilities:
- Ensuring prompt payment of staff expense
claims; - In charge of building and maintaining good
relationship with suppliers by advising them on their status of payment
and resolving all the disputes - Maintaining appropriate contacts and
communication with all suppliers; - Monthly reconciliation of all creditors
accounts to individual supplier statements; - Follow up and resolution of supplier
queries and complaints; - Responsible for processing of all payments
into the general ledger; - Preparing weekly, monthly and quarterly
cash flow projections indicating how much will be paid out to assist in
cash planning purposes for decision making on optimal utilization of funds
in investment and borrowing. - Ensuring compliance with Various Tax
Authorities requirements and law on all payments made for both local and
international suppliers. - Ensure all the statutory, regulatory,
leases and loans are paid by their due dates to avoid defaulting and being
charged interest and penalties - Working with the Internal Audit team to
ensure that sound internal controls are established and adhered to.
Experience:
- The
ideal candidate should preferably hold an upper second honours Bachelor’s
Degree in Commerce, Business Administration (Accounting Option) or
Accounting and Finance. - Professional
accounting qualification such as ACCA or CPA is a must - At least three (3) years’ experience at similar level;
- Previous
experience in project management of electricity power generation and
complex infrastructure projects is added advantage. - Broad knowledge and understanding of International
financial reporting standards – IFRS. - Good
experience in using computerised accounting software - Good
planning and organizational skills - Good
analytical and problem solving skills - Good
communication, facilitation and presentation skills. - Excellent
interpersonal skills and high level of integrity - Computer
literacy - Age: Below 35 years
applications with copies of their academic documents and detailed CVs
indicating two referees and their full addresses physically to:
January, 2017
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