The Insurance Regulatory Authority of Uganda (IRA) was established under section 14 of the Insurance Statute 1996 now The Insurance Act, (Chap213) Laws of Uganda, 2000 (Insurance Act) which came into effect on 4th April 1996 and commenced operations in April 1997. The establishment of the Insurance Regulatory Authority of Uganda was a consequence of Government’s adoption of the liberalization and privatization policies which ended its role of directly engaging in the provision of goods and services and taking on the role of supervisor or regulator.

Job Summary: The Receipts & Payments Officer will maintain IRA’s books of accounts as per the relevant policies and procedures and prepare financial reports.

Key Duties and Responsibilities:

Process all receipts and payments documentation accurately through the computerized financial management systems on a timely basis;
Prepare and post general journal vouchers;
Issue invoices;
Avail a weekly cash report for Management;
Arrange paperwork and also supporting documentation for creation of new debtors/creditors or amendments to existing debtors/creditors and submit to officer responsible for updating the database;
Filing all records accurately and on a timely basis.
Carry out any other duty as may be assigned from time to time.

Key Performance Indicators

Accurate receipt and payments.
Satisfied clients.
Compliance to policies and procedures

Qualifications, Skills and Experience:

The applicant must hold a Bachelor’s degree (Hons) in Commerce, Business Administration; Accounting; Finance or in any other equivalent qualification from a reputable higher institution of learning.
Personal presentation
Numerical skills
Financial Management
Reporting
Communication skills
Financial skills
Effective and Efficient
Customer service skills

How to Apply:

All suitably qualified candidates should submit their applications together with copies of detailed up-to-date CVs and at least three referees to:

The Chief Executive Officer,

Insurance Regulatory Authority of Uganda,

Plot 6 Lumumba Avenue, Insurance Tower,

P.O. Box 22855, Kampala

Or Email to: This vacancy has closed — applications are no longer acceptedApplications closedSee open jobs at Insurance Regulatory Authority of Uganda (IRA) →

NB: Only shortlisted candidates will be contacted.

Deadline: 30th January 2023 by 5:00pm

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