Summary
Date Posted: Thursday, July 04 2024, Base Salary: Not Disclosed

JOB DETAILS:
Our client in the microfinance industry in Kampala, Uganda is currently recruiting for a Group Accountant to join their team. The Group Accountant plays a pivotal role in ensuring the accuracy, efficiency, and compliance of their financial operations across all their branches. You will lead a team of In-Country Accounts Managers, providing guidance, overseeing their work, and consolidating financial data for the entire organization. This is a critical position that demands strong accounting expertise, leadership skills, and a passion for financial management. This position also requires experience in a senior accountant role, a bachelor’s degree in accounting or related field, and proficiency in Quickbooks and Microsoft Office Suite.

Responsibilities
• Financial Reporting & Consolidation:
• Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements, ensuring compliance with International Financial Reporting Standards (IFRS) or local accounting standards.
• Consolidate financial data from all country locations, reconciling accounts and identifying discrepancies.
• Work closely with the Finance team at Head Office to ensure consistency in accounting practices across the organization.
• Management & Supervision:
• Provide leadership and guidance to a team of In-Country Accounts Managers.
• Support in conducting performance reviews, set goals, and provide ongoing training and development opportunities for your team members.
• Foster a collaborative and supportive work environment, promoting open communication and problem-solving skills.
Internal Controls & Compliance:
• Implement and maintain strong internal controls to safeguard Umoja’s financial assets and ensure adherence to regulatory requirements.
• Stay up-to-date on relevant accounting standards and regulations, adapting Umoja’s practices as needed.
• Conduct regular reviews of internal controls and identify areas for improvement.
• Financial Analysis & Budgeting:
• Analyze financial data to identify trends, assess risks, and support strategic decision-making.
• Participate in the budgeting process, providing insights and recommendations to senior management.
• Prepare variance analyses to monitor and control expenses.
Other Responsibilities:
• Manage relationships with external auditors, facilitating the audit process.
• Assist with the preparation of management reports and presentations for internal stakeholders.
• Work cross-functionally with other departments (e.g., Operations, Risk Management) to ensure a holistic approach to financial management.
• Any other ad hoc tasks that may be assigned from time to time.

Qualifications
• Bachelor’s degree in accounting or a related field (CPA or equivalent certification a plus).
• Experience in a senior accounting role, preferably within the financial services industry.
• Proven experience in financial reporting, consolidation, and internal controls.
• Strong leadership and supervisory skills with the ability to motivate and develop a team.
• Excellent analytical and problem-solving skills with a keen eye for detail.
• Proficiency in accounting software in QuickBooks and Microsoft Office Suite (Excel is essential).
• Excellent communication and interpersonal skills, both written and verbal.
• Ability to work independently and manage multiple priorities effectively.
• Strong work ethic with a commitment to accuracy and efficiency.
• Fluency in English is a plus

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure

Qualified applicants are welcome to apply. Please be advised that only short-listed candidates will be contacted.
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