Job Title: Senior Accountant
Organisation: Gamma 5 Logistics Limited
Duty Station: Jinja, Uganda
About the Company:
Gamma 5 Logistics Limited is a subsidiary of the Madhvani Group, based in Jinja, Uganda. They specialize in logistics and transportation services.
Job Summary: We are seeking an experienced and detail-oriented Senior Accountant to oversee and manage all financial and accounting operations for our Logistic company in Uganda. The ideal candidate will have 5-8 years of experience in full-cycle accounting, taxation, banking, and internal controls, preferably in a Logistic and Transportation environment. The candidate must be proficient in Tally ERP , statutory compliance, and financial reporting.
Key Duties and Responsibilities:
Financial Accounting & Reporting:
- Oversee end-to-end accounting operations, including accounts payable, accounts receivable, general ledger, fleet operation accounting, and bank reconciliations.
- Ensure accurate and timely closing of books of accounts in compliance with IFRS and local accounting standards.
- Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow Statements) for management and external stakeholders.
- Conduct cost accounting and variance analysis to optimize fleet operation costs and improve profitability.
- Conduct the operation costing involving Job costing, process costing, Activity based costing, life cycle costing.
Taxation & Statutory Compliance:
- Ensure accurate and timely filing of VAT, Withholding Tax (WHT), Pay As You Earn (PAYE), NSSF, and Corporate Income Tax in compliance with Ugandan tax laws.
- Prepare and submit URA (Uganda Revenue Authority) tax returns, ensuring compliance with all statutory requirements.
- Handle tax audits, reconciliations, and dispute resolutions with tax authorities.
- Provide guidance on tax planning and optimization strategies to minimize tax liabilities legally.
Banking, Treasury & Fund Management:
- Monitor cash flow, fund management, and working capital requirements.
- Ensure daily bank reconciliations and timely resolution of discrepancies.
- Manage cash balances and handle cash payment transactions efficiently.
Internal Controls & Compliance:
- Establish and enforce strong internal controls to prevent financial fraud, misappropriation, and errors.
- Conduct periodic internal audits and ensure corrective actions are implemented.
- Develop and maintain SOPs (Standard Operating Procedures) for accounting, taxation, and financial operations.
- Ensure compliance with company policies, industry regulations, and financial best practices.
MIS & Financial Analysis:
- Prepare and analyze Management Information System (MIS) reports, including budget forecasts, variance analysis, and cost control measures.
- Provide profitability analysis for different fleet operations, assessing financial performance and identifying improvement areas.
- Support strategic decision-making through data-driven financial insights.
Audit & Risk Management:
- Coordinate with external auditors for statutory audits, tax audits, and compliance reviews.
- Ensure timely submission of audit schedules and compliance with audit recommendations.
- Identify and mitigate financial risks through robust risk assessment frameworks.
Team Leadership & Development:
- Coordinate with drivers and transportation team members on financial transactions and related matters, ensuring high levels of accuracy, efficiency, and professionalism.
- Assign tasks, set KPIs, and ensure accountability within the department.
Qualifications, Skills and Experience:
- Bachelor’s degree in Accounting, Finance, Commerce, or related field.
- 5-8 years of experience in accounting, finance, and taxation, preferably in the Logistic and transportation sector.
- Certified Public Accountant (CPA), ACCA, CMA or equivalent professional qualification
- Strong expertise in Tally ERP for financial transactions, reconciliations, and reporting.
- Proficiency in MS Excel (Pivot Tables, VLOOKUP, Macros), Word, and PowerPoint for financial presentations.
- Sound knowledge of Ugandan tax laws, IFRS, and statutory regulations.
- Experience in treasury management, banking operations, and cash flow forecasting.
- Strong analytical, problem-solving, and decision-making abilities.
- Ability to work under pressure and meet tight deadlines with high attention to detail.
- Excellent communication and interpersonal skills for liaising with senior management, auditors, and regulatory bodies.
How to Apply:
All candidates should send their updated CVs via Email to: [email protected]
Deadline: 17th April 2025
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