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Job Title:  Accountant: Budgeting & Reporting

Organisation: Watoto Church and Child Care Ministries

Duty Station: Watoto Church Downtown, Kampala, Uganda

About Organisation:

Watoto Church and Child Care Ministries has experienced exponential growth in the past couple of years composed of multiple Celebration Centers (Campuses) and diverse Community care initiatives that include Child Care, Community and Neighborhood, Education and FM Radio amongst others. In all of this, Watoto remains a local church, committed to celebrating Christ and caring for community.

Job Summary:  We are seeking to recruit an Accountant – Budgeting and Reporting that will ensure accurate and timely financial reporting and budgeting with Watoto Church Ministries.

Key Duties and Responsibilities:

Financial Analysis & Reporting.

• Prepare timely accurate financial statements and management reports in accordance with the Finance policy.
• Prepare monthly comprehensive variance analysis reports to the function heads and explain variances between actual and budgeted and as well as actual versus YTD prior year figures
• Maintain periodic balance sheet reconciliations and listings.
• Serve as primary liaison for external audits related to reporting and controls.
• Follow-up on the resolution of audit queries and the implementation of any recommendations.

Budgeting & Forecasting.

• Take lead in the coordination of the Annual Ministries budget in liaison with other Team Leaders.
• Implement budgetary controls to ensure that the expenditure is within the approved budget.
• Track departmental budgets expenditures and ensure quarterly realignments are done as per the financial policy.
• Prepare quarterly financial forecasts.
• Collect cost information and present cost control initiatives to management.

Process controls and execution.

• Manage the Accountable Advance process and ensure that controls are adhered to.
• Review the shared cost allocations for all the entities and ensure that they are correctly posted.
• Review program reconciliations and ensure that settlements are regularly done.

Risk Management & Compliance.

• Key liaison with the tax professionals engaged by Watoto Church Ministries.
• Ensure computation of corporation tax and deferred tax for the business entities.
• Prepare financial disclosures relating to taxation.
• File corporation tax returns.
• Prepare and follow up correspondence to and from statutory bodies
• Accountable for retirement and other benefit plans reporting.

Policies and Procedures.

• Contribute to the review of the Watoto Ministries Financial policy, guidelines and procedures to ensure that they are in line with international standards and Ministry needs.
• Participate in the development of finance risk mitigation strategy

Projects and Systems Development.

• Develop and implement automated systems that provide accurate reports to management.
• Ensure that complete and accurate information is retrieved from the system.
• Complete special projects and ad hoc analysis as assigned.
• Provide technical oversight and ensure effectiveness of the accounting systems, processes, and implement modifications for improvement.

Human resource management and development.

• Participate in the recruitment, onboarding, orientation and performance appraisal of team members.
• Ensure that all staff have clearly defined job descriptions, and performance action plans.
• Instigate employee initiatives that aim to deliver high performance.
• Prepare and implement a department annual leave schedule.

Preparation of Reports.

• Analyse and prepare data driven reports for strategic decision making.
• Formulate periodic and ad hoc reports in line with the organization’s reporting guidelines to Management and Deacons Finance Committee.
• Organize periodic Deacons Finance Committee meetings.

Qualifications, Skills and Experience:  

• The applicant for the role should hold at least a minimum of a bachelor’s degree in commerce, Accounting, Business Administration, or a relevant field from a reputable university.
• Completed or undertaking professional certification.
• Chartered membership of ACCA, CPA or similar organisation.
• A minimum of five (5) years’ working experience in a busy Finance and accounts function.
• Proficiency in an accounting system, knowledge of Solomon is an advantage.
• Excellent financial analytical, problem-solving skills, and attention to detail.
• Strong understanding of financial principles, cash management, and risk analysis.
• Must be willing to live up to organisational values and strong work ethic.
• Strong report writing and presentation skills and possess excellent communication skills.
• Have a high level of personal and professional integrity
• Able to exercise confidentiality and sound judgement.

How to Apply:
All suitably qualified and interested candidates can apply by visiting our website;

Click Here

Go to Apply for a job section

• Under that, view the Job Role and click on the link that reads; Apply
• Fill out the form that will be open and submit after all sections have been filled.
• Submit your CV, academic and professional documents, and a cell/pastor’s recommendation letter to careers@watotochurch.com (Subject Line: Job Title First Name, Last Name)

Deadline: 24th January 2025

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