Fresher Cost Accountant, Budget Control Job Vacancies – National Social Security Fund (NSSF)

 

 

Job Title:    Cost Accountant, Budget
Control

Organization:  National
Social Security Fund (NSSF)

Duty Station:  Kampala,
Uganda

Reports to: Budget
Manager

 

About US:

The National Social
Security Fund (NSSF) is a Provident Fund mandated to provide social security to
its members as prescribed by law under CAP 222 (Laws of Uganda) through
efficient management of members’ contributions. The NSSF asset base is
currently over Ugx. 9.8  trillion, making the Fund one of the largest
players in Uganda’s economy.

 

Job Summary:  The Cost Accountant, Budget Control is responsible
for the Cost Management function of the Fund that involves cost monitoring and
analysis to identify initiatives to drive cost efficiencies and maintain a
competitive expense ratio. The incumbent is responsible for the coordination of
the fund’s budget preparation, consolidation and monitoring process.

 

Key Duties and Responsibilities:  

·       
Ensure
that the accounting procedures are followed and provide recommendation to
improve the finance processes.

·       
Designing
and maintaining an effective Cost Accounting System.

·       
Identifying
and analyzing cost information to detect trends and propose control action

·       
Undertake
an annual market survey to determine the market prices for the Fund’s major
consumables.

·       
Analyzing
audits of costs, cost drivers and preparing reports.

·       
Develop
and maintain an Analytical Database for monitoring Expenses within the Fund

·       
Ensure
accurate and efficient classification of all costs as per the system.

·       
Analyzing
profitability performance of various initiatives and products by the Fund.

·       
Coordinate
the preparation and consolidation of the Fund’s annual budget up to approval by
Exco and the board.

·       
This
involves preparation of budget schedule templates for departments, review of
department budget submissions, preparation of the budget papers for Exco and
board review and preparation of the budget letter for review and approval by
the minister.

·       
Prepare
analyses to provide guidance to the budget holders regarding trends and pricing
for various activities within the budget.

·       
Provide
technical guidance with regards to the budgeting system to all staff involved
in the budgeting process at the Fund.

·       
Hold
internal road shows and trainings in regards to budgeting and cost control.

 




Qualifications, Skills and Experience:

·       
The
applicant for the National Social Security Fund (NSSF) Cost Accountant, Budget
Control job placement must hold a Bachelor’s Degree in Accounting, Business
Administration, Statistics. Or, in any other analytical or statistical field.

·       
Professional
qualifications in CIMA, ACCA or CPA

·       
Further
training in costing or analytics will be an added advantage.

·       
At least
two years of experience in Cost Accounting and Analysis Environment

·       
Strong
Cost systems background

·       
Planning
and organizing skills

·       
Strong
analytical skills

·       
Oral and
written skills

·       
Ability
to accurately prepare daily, weekly, monthly, quarterly and annual reports

·       
Experience
working with engineering personnel on development and analysis of cost
standards

·       
IT
skills – MS Word and Excel, PowerPoint, Statistical Packages

·       
Advisory
skills

 

How to Apply:

All interested
individuals should send copies of academic credentials, application letters and
detailed CVs addressed to the Head of Human Resources & Administration to recruitment@nssfug.org for registration
and onward transmission.

 

NB: Please
note that canvassing or lobbying will lead to automatic disqualification of the
candidate.

 

Deadline: Wednesday, 21st October 2020

 

For more of the
latest jobs, please visit 
http://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline




 

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