Management Accountant Job Vacancies – UGAFODE Microfinance Limited (MDI)

Job Title:       Management Accountant
Organization:
UGAFODE Microfinance Limited (MDI)
Duty Station: Kampala,
Uganda
Reports to: Head
of Finance
About US:
UGAFODE Microfinance
Limited (MDI) is a registered financial institution in Uganda and is adherent
to the Central Bank’s regulations and guidelines and was founded in 1994 to
provide quality microfinance services.
Job Summary:  The Management Accountant will be responsible
for effective implementation of UGAFODE’s accounting policies and provision of
timely, accurate, relevant and reliable management information while
maintaining tight budgetary control. Also to enhance quality decision making
through value-adding investment appraisals, predictive modelling, trend and
scenario analysis and raising the visibility for profit and margins by business
units in line with compliance and risk perspectives.
Key Duties and Responsibilities: 
Management Reporting:
·        
Leadership
role in budgeting for overheads and capex process including (improvements to
the templates, guidance to budget holders and detailed review of draft
budgets);
·        
Supervision
of accounts officer (Payments) to ensure payments are made promptly and in
accordance with budget.
·        
Detailed
review and first approval of payroll and related statutory obligations.
·        
Close
monitoring of expenditure, both Capex and Opex, tracking and reporting of
material exceptional approvals.
·        
Drive
cost reduction initiatives through close working with Accounts Officer
(payments)
·        
Maintaining
budgetary control:
·        
Prepare
bank monthly management accounts
·        
Value
addition through in-depth analysis on NII, business reporting in terms of
transfer pricing and branch profitability.
·        
Predictive
modelling to enhance management and Board decision making in strategy
implementation;
·        
Maintain
management accounts of subsidiary entities
Revenue Assurance:
·        
Close
monitoring of portfolio vs interest income by product to ensure interest is
correctly booked as accrued.
·        
Focus on
NII through close monitoring of activity fees vs customer numbers/transaction
volumes to ensure all non-interest income is correctly captured and charged.
·        
Close
tracking of and reporting on debits to income
·        
Documentation
and filing: Regular update of procedural documentation (procedures manual) in
line with changes in operating processes for reporting and retrieval purposes.
·        
Investment
management: supports UGAFODE with management information regarding treasury
Investment appraisals and analysis so as to maximise return on the company
short term liquidity investments
·        
Funding
Proposals: Analyses and develops and manage proposals aimed at seeking for
funding lines that are cheap and reliable to support bank’s growth strategies
from time to time
·        
Compliance:
Ensures adherence to UGAFODE internal, external as well as regulatory and best
practices in management accounting.
Reconciliation:
·        
Conducts
reconciliation as per plan for grants, proposals and costs against approved
budget. Monitor budget performance and budget implementation.
·        
Team
Leadership: Takes full responsibility for performance management of all direct
reports, focusing on all aspects of sound people management e.g. Recruitment,
Development, Performance Management, Remuneration and Rewards, Career path
planning, On-the-job training, coaching & mentoring and Employee engagement
etc.


Qualifications, Skills and Experience: 
·        
The
ideal candidate for the UGAFODE Microfinance Limited (MDI) Management
Accountant job must hold a Bachelor’s Degree preferably in Accounting, Finance,
Business or Commerce
·        
Professional
accounting qualification (ACCA, CPA, CIMA) with
a good pass record
·        
At least
3 years post qualification experience;
How to Apply:
All suitably
qualified and interested persons who meet the above criteria should submit
their cover letter together with an up-to- date CV and Academic documents as
one document to: recruitment@ugafode.co.ug (Please indicate the position you
are applying for in the subject line). Applications should be addressed to the
Head of Human Resource
Deadline: 14th March 2019
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