Management Accountant Jobs – FINCA Uganda

 

Job Title:    Management Accountant

Organisation: FINCA
Uganda

Duty Station: 
Kampala, Uganda

 

About US:

FINCA Uganda is a
subsidiary of FINCA Microfinance Holding Company LLC (FMH) and part of a
network of 20 microfinance institutions and banks that provide socially
responsible financial services that enable low – income individuals and
communities to invest in the future. FINCA Uganda currently offers loans,
savings and money transfer services in Uganda – one of the most competitive and
dynamic microfinance markets in the world.

 

Job Summary:  The Management Accountant position is
responsible for producing internal reports for management for effective
decision making and carry out budgeting while ensuring that budgetary controls
are in place and costs are minimized.

 

Key Duties and Responsibilities: 

  • Analysing data provided by various returns with view to assessing
    FINCA Uganda’s financial performance in line with the Finance regulations.
  • Deriving critical and strategic conclusions and guidelines from
    analysed data in line with the operational and strategic plan of FINCA
    Uganda.
  • Analysing various budgetary performance reports; by branch and
    institution wide on a monthly basis with a view to determining variances
    in line with the FINCA budget and forecasts and communicate the findings
  • Suggesting to management corrective actions in the event of
    overwhelming variances of which ever status in line with the budget and
    operational plans.
  • Supervising the costing of all major transactions, special projects,
    operations and products of FINCA Uganda in line with the budget.
  • Preparing the budget and budgetary reviews, and formulating,
    appropriate formats thereof in line with the finance regulations.
  • Preparing Monthly forecasts of FINCA Uganda performance.
  • Carrying out balance sheet analysis as well as trends in revenues
    and expenses on a regular basis.
  • Analyzing quarterly and annual financial statements of FINCA Uganda
    and compare them with other companies in the industry for comparison of
    performance. Monitoring changes in regulations or policies that may affect
    the industry, as well as monitoring the economy to determine its effect on
    earnings.
  • Analyzing Loan portfolio data for interpretation of trends in
    Capacity Utilisation, Vintage analysis, Portfolio quality, and other
    efficiency ratios as well as data to measure the credit and financial
    risks associated with Loan and advances in line with IFRS and finance
    regulations.
  • Regularly reviewing the accounting records to produce electronic
    trail balance daily and identify misposting and irregular balances or
    transactions
  • Reviewing reconciliation of annual inventory of fixed assets in all
    branches and Head Office-
  • Reviewing inventory reports prepared and updated monthly
  • Maintaining accounting module processes including creation of new
    accounts and updating of chart of accounts and financial reporting
    structure according to local GAAP or IFRS-
  • Preparing quarterly Board ALCO and financial performance pack for
    the Board
  • Reviewing and approving of expenses and payments

 


Qualifications, Skills and Experience:

  • The applicant must hold a Bachelor’s degree in Commerce/Business
    Administration, Accounting or Finance option). CPA/ACCA qualification is a
    must
  • Five years of working experience in a reputable organization with at
    least 3 years Banking experience preferably in accounting or Finance
    department
  • Excellent Analytical and comprehension skills
  • Problem Solving Skills – Identifies and resolves problems in a
    timely manner
  • Technical Skills – Strives to continuously build knowledge and
    skills
  • Good interpersonal Skills
  • Good at Teamwork
  • Planning/Organizing skills
  • Quality – Attention to detail and demonstrates accuracy and
    thoroughness

 

How to Apply:

All candidates who
so wish to take up this role in the aforementioned capacity are encouraged to
send their applications with detailed CVs including present position and copies
of relevant professional/academic certificates to: ug_jobs@fincaug.org

 

Deadline: 5th March 2021

 

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