Accountant

at Masaka Vocational Training Institute
Location Masaka, Uganda
Date Posted July 4, 2024
Category Accounting
Audit
Finance
Management
Job Type Full-time
Currency UGX

Description

Duty Station: MVTI, Bugabira, Nyendo-Mukundwe Division, Masaka City, Uganda

Reports to: Principal MVTI

 

About Organisation:

Masaka Vocational Training Institute – a new and very modern Business Technical and Vocational Training College located in Bugabira, Masaka City. The institute is licenced and accredited by UBTEB and offers courses leading to National Certificates and Diplomas issued by UBTEB as well as short term competence courses examines by the Directorate of Industrial Training (DIT).

 

Job Summary:   The Accountant will be responsible for performing finance and administrative tasks within the Institute following established standards and procedures.  This position requires abilities to plan, develop, organize, direct, and coordinate a range of activities related to general ledger, accounts payable, cash management, payroll, and accounts receivable and produce the necessary regular financial plans and reports on strict deadlines.

Key Duties and Responsibilities:

  • Preparation of the Institute’s accounts
  • In charge of monitoring acquisition, distribution, storage and accountability for all institute property
  • Maintenance and regularly updating the Institute’s fixed assets, inventory and any other property of the institute,
  • Preparation and management of the Institute’s payroll.
  • Ensuring that there are processes and controls are in place to ensure that there is accuracy and integrity of the financial information.
  • Developing the Institute’s annual and termly budgets plus budget management and controls, working in closely with the Institute’s management staff,
  • Monitor the activities and budget performance of the various projects, programs, ensuring compliance with appropriate regulations, MVTI policies and procedures, and accepted financial practice and standards; coordinates remedial action as necessary.
  • Ensure that accurate and complete accounting, reporting and internal control systems are functioning and that all relevant records are maintained.
  • Respond to external auditors’ financial checks observations and provide timely information needed to respond to the findings.
  • Ensure accurate and timely disbursement of funds, ensuring that payment is made to vendors, implementing partners, service providers and other stakeholders.

 

Qualifications, Skills and Experience:

  • The applicant should hold a Bachelor’s Degree in Accounting or Commerce or Business Administration from a recognized institution, or any other relevant Degree or qualification,
  • Membership to Professional qualifications like ACCA, CPA etc is an additional advantage,
  • A minimum of three years’ experience working in an Accounting or Finance function of a Tertiary educational institution at a senior management level,
  • Knowledge of financial planning and budget management principles, policies, laws, and regulations, as applied to Educational Institutions,
  • Ability to supervise and train employees, to include financial procedures, organizing, prioritizing, and scheduling work assignments,
  • Excellent computer skills especially Microsoft office, internet, and use of electronic accounting packages,
  • Excellent communication skills both oral and written.

 

Applying Instructions

If you are suitably qualified and are interested in this position please send your letter of application and updated CV including three (3) referees via E-mail to: masakavti@gmail.com, or you can bring your application addressed to the Principal to: Masaka Vocational Training Institute, Plot 223, Block 321 Weaverbird Road, Bugabira, Masaka City

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