Summary
Date Posted: Tuesday, August 22 2023, Base Salary: Not Disclosed

JOB DETAILS:
Key result areas:
The incumbent will be responsible for:
1. Financial management and accounting
(i) Providing management with monthly, quarterly, and annual financial reports for decision making;
(ii) Preparation of final accounts, cashflow statement and forecast statements in line with the International Financial Reporting Standards (IFRS);
(iii)Managing the financial resources, including advising on potential sources of revenue and cost control mechanisms;
(iv)Ensuring that all financial records and books of accounts, including bank reconciliation statements, member accounts, General Ledgers are regularly updated;
(v) Ensuring all financial transactions are fully accounted for.
(vi)Prepare and file monthly Tax returns, National Social Security Fund (NSSF) remittances or any other returns required by a government agency, ministry, or department.
(vii) Advising on financial decisions of the SACCO;
(viii) Managing the SACCO asset register;

2. Cashflow and investments management
(i) Advising of potential investment opportunities that boost profitability;
(ii) Monitoring of cashflows to ensure sufficient SACCO liquidity to meet operational needs;
(iii)Development of a performance analysis of investment options.
(iv)Ensure the financial assets are optimally deployed to generate the best possible returns for the members.
(v) Maintain an efficient cash flow management system to ensure timely disbursement of loans and the prevalence of an overall environment of prudent fiscal management at UN
S-SACCO

3. Internal controls and risk management
(i) Maintain a risk register for the operations of UNS-SACCO and design mitigation measures to manage the risks;
(ii) Implement the annual Anti Money Laundering plan and perform the relevant quality assurance checks to ensure adherence.
(iii) Ensure adherence to UNS-SACCO’S financial policies and procedures and suggest ways to improve systems and mitigate risks.
(iv) Perform regular system checks to identify any irregularities and propose immediate corrective actions to the General Manager.
(v) Support and coordinate the internal audit activities while ensuring that all audit issues are addressed timely, transparently, and professionally.
(vi) Coordinate the external audit of the books of accounts of UNS-SACCO in line with the required formats, agreed timelines and other statutory requirements.
(vii)Provide the Supervisory Board with all necessary documents and information while performing their supervisory role.

4. Planning and Management (Contribution to Strategy and Direction)
(i) Providing technical support in the SACCO planning and budgeting process;
(ii)Support the General Manager in the strategic planning and management of SACCO operations.
(iii) Advise and assist SACCO governance with formulating ideas that can help achieve the strategic objectives.
(iv) Develop and update the different financial and investment policies and procedures that are necessary for the efficient and effective running of the UNS-SACCO.

5. Other duties
Perform any other lawful duties as may be requested/assigned by the General Manager from time to time.
Person Specifications

Qualifications:
The incumbent will have the following qualifications:
a) Bachelor’s degree in Commerce (Accounting option), or Business administration (with a bias in Accounting), or Economics from a recognized University;
b) Full Professional qualification in ACCA or CPA;
c) Postgraduate diploma in Financial Management or accounting as an added advantage;
d) Proficiency in accounting software, spreadsheets, databases, and other computer applications.

Experience:
A continuous experience of 3 years working in a similar post is desirable. Knowledge of SACCO operations, products and regulations is an added advantage.

Key Competencies:
1) Ability to write concise reports.
2) Ability to summarize large amounts of information into simple reports.
3) Good communication, interpersonal and presentation skills.
4) Excellent analytical, numerical, and problem-solving skills.

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
• Interested applicants should forward their cover letter, curriculum vitae, and academic documents by email to recruitment2018@uns-sacco.com  addressed to;
• The General Manager,
• UNS SACCO LTD,
• P.O Box 21412,
• Kampala
• Deadline for submission of applications: Tuesday 05th September, 2023 by 5:00PM (East
• African Time).
• Note: Only shortlisted candidates will be contacted. Any form of canvassing will lead to automatic disqualification

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