Finance Officer

at Uganda Red Cross Society URCS
Location Kampala, Uganda
Date Posted March 24, 2020
Category Accounting
Audit
Finance
Management
NGO
Job Type Contract
Currency UGX

Description

Job Purpose:

The role of the Finance Officer will be to ensure quality and timely reporting of project funds as well as accountability for the funds disbursed to staff, ensuring compliance to the appropriate principles and procedures. He/She will also contribute to the budget control processes. The Finance Officer will report to the Finance manager and will supervise Accounts Assistants attached to the project areas, if any.
The Finance Officer supports the Project Team in the day-to day financial management of the project. He or she will prepare financial data, monthly, quarterly and annual reports and audits. The Finance Officer will support the Finance Manager in preparing of payroll and invoicing and will ensure all transactions are in line with accountability regulations.

Key responsibilities: S/he

  1. Follow up on budget utilization and prepare monthly budget monitoring and utilization reports for review. To report on analyses, variances, causes and propose actions to be taken to address them;
  2. Facilitate timely disbursement of project funds for activities to the beneficiaries in line with activity plans;
  3. Verify authenticity of accountability documents, process financial transactions, and validate conformity to expenditure procedures in line with URCS policies, International Accounting Standards, statutory requirements and donor requirements;
  4. Monitor working advance balances and follow-up to ensure all working advances are accounted for in accordance with URCS guidelines;
  5. Reconcile staff debtor and creditor balances and other balance sheet codes and ensure that these balances are kept at the lowest possible level;
  6. Ensure reconciliations of receivable and accounts payables every end of month;
  7. Provide on job training to improve financial literacy of project staff and branch managers as authorized by the supervisors;
  8. Ensure Core recharge is picked form projects as soon as funds are transferred;
  9. Prepare Budget Variance reports and share with projects teams on a monthly basis;
  10. Prepare monthly bank reconciliation statements for assigned projects;
  11. Ensure proper filing of all accountability and project documents;
  12. Prepare financial data in support of internal and external audits;
  13. Ensure project procurements are done on time.

PERSONS SPECIFICATIONS:

Education Qualifications
  1. Minimum Bachelor’s Degree in Accounting, Finance, Commerce, Statistics or a finance related field from a recognized institution;
  2. At least level two of ACCA or CPA.
Essential Experience
  1. Minimum 3 years’ relevant work experience in a similar position in a private organization or a donor funded humanitarian organization;
  2. Prior working experience of NAVISION accounting software is an added advantage.
Essential Skills
  1. High levels of integrity
  2. Strong interpersonal and communication skills, with good understanding of relevant cross-cultural issues;
  3. Positive, respectful attitude and collaborative approach to diversity;
  4. Track record in community mobilization, technical training, facilitation and awareness raising activities;
  5. Demonstrated attention to detail; ability to follow procedures, meet deadlines and work independently as well as cooperatively with team members;
  6. Team player, self-motivated and proactive on own initiative to set and achieve goals;
  7. Highly motivated, self-starter able to lead a process, engage others and create ownership;
  8. IT experience – Proficient in Microsoft Office (WORD, EXCEL, power point)

Applying Instructions

All candidates should send their filled application forms, Below and attach your academic transcripts and certificates. The filled application forms and academic transcripts and certificates can be e-mailed to; vacancies@redcrossug.org or hand delivered, and or by post to:

The Secretary General,

Uganda Red Cross Society,

Plot 551/555 Rubaga Road,

P.O. Box 494, Kampala, Uganda.

Email tovacancies@redcrossug.org

Due to large volumes of applications; only short listed candidates shall be contacted. Canvassing shall lead to automatic disqualification.

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