Finance Officer

at Educate!
Location Kampala, Uganda
Date Posted December 3, 2024
Category Accounting
Audit
Finance
Job Type Full-time
Currency UGX

Description

Job Title:   Finance Officer   

Organisation: Educate!

Duty Station:  Kampala, Uganda

 

About the Company:

Educate! prepares youth in Africa with the skills to succeed in today’s economy. We tackle youth unemployment by partnering with schools and governments to reform what schools teach and how they teach it, so that students in Africa have the skills to attain further education, overcome gender inequities, start businesses, get jobs and drive development in their communities. Our model is delivered through practically-trained teachers and youth mentors. Educate!’s goal is to make this practical, skills-based model part of national education systems.

 

Job Summary:   Educate!, an award-winning non-profit social enterprise, is seeking a Finance Officer to work in our finance department in Uganda. You will be part of the finance team at Educate!. You will be responsible for enforcing compliance to Educate! procedures, Posting transactions into the accounting software, Staff Imprest advances management as well as other financial administrative tasks.

 

You will work closely with the Finance Manager to ensure timely preparation of monthly financials and BVAs. You will also collaborate closely with product teams and field staff to generate efficiencies in finance. The Finance Officer will report to the Finance Manager.

 

Key Duties and Responsibilities:

Quickbooks posting – 50%

    • Prepares Journal Vouchers.
    • Enter all journal entries into the accounting software (currently Quick Books).
    • Reconcile ledger accounts.
    • Produce daily transaction posting reports.

Enforcing Controls and compliance – 20%

  • Ensuring that all payments are fully supported by requisite documentation before filing.
  • Maintained detailed and traceable supporting documentation records for all payment transactions.
  • Ensuring that all staff accountabilities are in line with the updated Common Cost.
  • Flagging any policy compliance issues to the Finance Manager for action.

Accounts Receivable – 20%

  • Reconciling accountabilities against advances prior to posting to prevent partial accounting.
  • Tracking balances returned from staff and ensuring they are duly banked.

Trainings – 10%

  • Training staff on finance procedures and processes
  • Orientation of new staff
  • Do feedback sessions on finance for both field and office staff
Qualifications, Skills and Experience:
  • Dynamic experience highly preferred, with demonstrated ability to operate well in complex and fast-changing environments
  • 3+ years of work experience, with 2+ years of experience in finance and accounting, financial analysis.
  • Passion for Educate!’s mission is a must, but past work in education or youth development is not required. We value diverse perspectives and encourage applications from people with a variety of backgrounds.
  • Fits our Five Cultural Tenets (see What is Educate! About? below). Learn more by looking at Educate!’s culture deck here
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