Management Accountant Job Careers – VisionFund Uganda Limited (VFU)

Job Title:       Management Accountant
Organization: VisionFund Uganda Limited
Duty Station:  Kampala, Uganda
Reports: Finance Officers
About US:
Uganda Limited (VFU) is a Microfinance institution and an affiliate of World
Vision Uganda (WVU), a child-focused Christian Organization that believes in
brighter futures for Children, empowering families to create incomes and jobs
by unlocking economic potential for communities to thrive. VisionFund Uganda is
also part of the bigger network of VisionFund International (VFI), with MFl’s
in 28 Countries worldwide
Job Summary: Planning and implementing the
company’s financial strategy, business information databases and costs inline
with the company objectives, business guidelines and data processing guide
Critical Outputs
  • Availability and optimal utilisation of
  • Timely annual and other periodic budgets
  • A proper payments function
  • Timely submission of performance reports
Key Duties and Responsibilities: 
Treasury and Investment
  • Maintaining good internal liquidity and
    efficient fund management
  • Identifying and evaluating all investment
    opportunities with a view to maximising revenues.
  • Timely and accurate preparation of the
    Assets and Liabilities Management reports by the 5th day of the
    following month i.e. economic analysis, liquidity risk analysis, interest
    rate risk and currency risk reports and compliance ratios.
  • Supervising Head Office and branch wide
    weekly and monthly bank reconciliations and ensuring that no items are
    left outstanding for more than 30 days.
Financial Transactions
  • Reviewing the coding of all financial
    transactions to ensure conformity with the best accounting practices
  • Managing the costing of all transactions
  • Managing all expenses within the
    approved budget
  • Checking payments for all the necessary
    supporting documents and compliance with local and international
  • Taking custody of all payment
    instruments and legal documents
Financial Planning and
  • Participating in the preparation of the
    strategic business plan
  • Coordinating the preparation of the
    annual operational and capital budgets
  • Implementing,monitoring and controlling
    capital and operational expenditures
  • Preparing detailed budget variance
    reports for both the capital and operational expenditure by branch and cost
    centre clearly explaining any variances and recommending course of action
    for adverse variations
  • Coordinating the review of budgets as
    required by the management.
  • Managing the company’ s operating cost
    base, achievements of low cost environment and generating reports on
    effective cost management inline with the company policy and payments
  • Tracking and engineering cost reduction
    initiatives with a view to offering the best service at the least cost.
Management Reporting
  • Preparing monthly management reports
    i.e. Balance Sheet and Profit and Loss statements analysis year on year,
    month on month, budget vs actual, forecasts, trend analysis and ratio
    analysis by Branch /Branch performance and consolidated level by the 5th
    day of the following month.
  • Analysing key performance indicators of
    the company and providing information to internal stakeholders for
    strategic decision making inline with the business plan
  • Preparing Product costing and pricing
    reports by the 25th day of the month following end of quarter
  • Participating in the preparation of the
    annual report
  • Obtain and update all inputs for the
    monthly RALCO reporting park
Human Resources Management
  • Carrying out on the job
    training/knowledge transfer with respect t0 analytical techniques to
    entities external to finance department through active participation in
    line with the company’s training policy and objectives
  • Developing, managing and evaluating the
    performance of reports with respect to the set key result areas inline
    with the HR policies
  • Identifying training needs for subordinate
Audit Function
  • Participating in the preparation of
    final accounts and liaising with internal and external auditors in
    conducting annual audits
Supervises the effective
provision of administrative services
  • Develop policies and ensure compliance
    in implementation.
  • Supervise the work of the administration
    staff in procurement/ stores, utilization and control of vehicles, and
    telephone/internet utilization;
  • Handles contract administration related
    to services, office premises, courier services, custodian services and the
  • Maintains insurance policies and ensures
    that all claims are settled without undue losses to the organization.
other duties as may be assigned by supervisor. preparing reports, budgets,
commentaries and financial statements
  • Undertaking financial administration and
    internal audits
  • Liaising with managerial staff and other
  • Supervising a team of accounting
  • Developing and managing financial
  • Negotiating and obtaining finance for
    major projects
  • Controlling and forecasting income and
  • Creating business strategies to generate
    shareholder value.
  • Must be a committed Christian, able to
    stand above denominational diversities
  • Attend and participate in the leadership
    of daily devotions.

Qualifications, Skills and Experience:
  • The ideal candidate must hold a
    University Degree in Accountancy or Business Administration or BCOM.
  • Experience in Microfinance is preferred
  • A professional accountant (CPA/ACCA)
    with at least
    4 years’ experience in the same field
How to apply:
candidates should send or hand deliver their CVs and copies of academic
certificates not later than 13th December 20l9 to the address provided below:
Human Resource Manager,
Uganda Ltd (VFU)
256, Makerere Kavule, P.O.Box, 2475i, Kampala, Uganda.
applications should be sent to  or hand delivered to
Uganda Head Office.
Only shortlisted candidates will be contacted
Deadline:  7th December 2019
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