JOB DETAILS:

Job Summary

We are supporting our client in the recruitment of a Finance Officer who will be responsible for managing the full spectrum of financial operations. This role involves preparing financial statements, overseeing month-end and year-end closings, and ensuring compliance with accounting standards and tax regulations.

Key Duties and Responsibilities:

• Prepare and review monthly, quarterly, and annual financial statements in line with accounting standards and internal policies.
• Ensure timely and accurate month-end and year-end closings.
• Review journal entries, reconciliations, and supporting schedules prepared by junior staff.
• Supervise daily activities accounting team members, providing guidance and support.
• Review work for accuracy and compliance, ensuring timely completion of tasks.
• Conduct performance evaluations and assist with training and development
• Preparing the annual budget and periodic forecasts.
• Monitor budget variances and provide commentary and recommendations for corrective action.
• Oversee the processing of invoices, payments, and receipts to ensure accuracy and timeliness.
• Monitor aging reports and follow up on overdue receivables with clients or the commercial team.
• Review vendor and customer reconciliations performed by staff
• Ensure timely filing of tax returns (Income tax, withholding tax, paye, import/export duties).
• Assist with internal and external audits, and ensure full compliance with local laws and regulations
• Maintain and improve internal financial controls and accounting procedures.
• Identify process inefficiencies and suggest system or workflow improvements.
• Coordinate with logistics, operations, procurement, and customer service departments for financial insights and support.
• Participate in strategic planning meetings to provide financial input on business decisions
• Prepare monthly bank reconciliation reports.
• Ensure proper filing of all financial records and documents of the office e.g. invoices, paid in bank deposit slips, work plans, used receipt books etc.
• Maintain up-to-date staff lists to avoid errors during payments of allowances and wages.
• Carry out any other duties as may be assigned.

Requirements:

• Bachelor’s degree in accounting, finance or any other related field.
• CPA Level 2 / ACCA Level 2
• Minimum 3-5 years of experience in accounting/finance
• Experience with financial reporting requirements
• Knowledge of the Wave accounting system is an added advantage
• Knowledge of Uganda tax laws.

Disclaimer

Our company does not charge any fees at any stage of the recruitment process. Be cautious of fraudsters who may request payment for job applications, interviews, or placements. If you encounter any suspicious activity, please report it immediately.