Summary
Date Posted: Thursday, August 22 2024, Base Salary: Not Disclosed

JOB DETAILS:
JOB ROLE/ PURPOSE:
Provide technical services to URA on matters relating to Financial Management and Accounting to ensure efficient utilization of all URA resources and proper accountability for the collected tax Revenue

KEY ACCOUNTABILITIES
1. Monitor transactions conducted on the URA Bank accounts and prepare periodical reconciliation statements to match bank balances and the cashbook/URA Accounting records.
• Ensure that all payments from URA bank accounts originate from URA and are duly authorized
• Prepare periodical bank reconciliation statements to ensure that transactions in the cash book tally with the records in the bank
• Develop and maintain good relationships with internal and external stakeholders

2. Reconcile revenue collections and transfers by commercial bank to the Central bank to ensure accuracy and completeness of reports
• Verify revenue returns received from Banks and URA reports for the accuracy of accounting data
• Carry out a reconciliation of revenue collections by URA and transfers to the Central bank to certify the reliability of financial records
• Follow-up raised queries to improve the accuracy of information in the accounting system
• Sensitize stakeholders to improve the understanding of URA accounting procedures

3. Implement revenue collection, reporting, and accountability systems to inform management for decision making
• Analyze, code, and validate revenue from all URA Collecting departments and post them onto the accounting system to account for revenue received
• Post all remittances and transfers from commercial banks onto the accounting system to account for revenue according to the MOU between URA and the banks
• Inspect all URA Stations and deliver store items, monitor the performance of finance roles to ascertain adherence to finance standards

4.Apportion, monitor and report on the URA Supplier Control Accounts for Insurance, Workman’s compensation, office accommodation, and property rates to enhance accuracy in financial reporting.
• Apportion and Monitor the insurance advance and workman’s compensation control accounts to enable accuracy in Financial Reporting.
• Maintain and reconcile office accommodations and property rates control account to enable accuracy in financial reporting
• Maintain and reconcile the Supplier Payments Withholding Tax Account to enable compliance with regulatory requirements
• Maintain, updated, and reconciled head office petty cash, cash and cheques, reversed payment and sundry ledgers to ensure accuracy in financial reporting

5. Receive and consolidate budget proposals and monitor the implementation of the URA Budget to enhance efficient resource utilization and reporting.
• Prepare and consolidate budget proposals into the budget framework paper for budget monitoring
• Monitor and report on the implementation of the Budget
• Monitor and evaluate the performance of the budget against division work plans for reporting
• Implement strategies designed to improve the quality and reliability of budget data for improved decision-making

Qualifications
PERSON SPECIFICATIONS
Essential Requirements
• An Honor’s Bachelors’ Degree or its equivalency of a Master’s degree in; Commerce, Business Administration, Statistics, or any other business-related degree with a specialization in Accounting or Finance, from a recognized institution attained from a recognized academic institution
• At least one (01) years of experience working in a finance-based function in a large and reputable organization.
• An impeccable record of integrity

Desirable Requirements
• Experience in the application of Accounting Packages, Accounting Software.
• Exposure to the practical application of the Financial/Accounting Systems

Knowledge
• Knowledge of the Accounting Manual
• Knowledge of the Public Finance and Accountability Act 2003
• Knowledge of the Public Procurement and Assets Disposal Act
• Knowledge of the Tax Laws of Uganda and the region

SPECIAL SKILLS AND ATTRIBUTES
The incumbent /applicant must be able to demonstrate;
• Creativity and innovation capability
• Strong problem diagnosis and problem-solving skills and a quick decision-maker
• Strong conceptual and analytical skills
• Proactive with the ability to work under pressure and minimum supervision.
• Excellent interpersonal relationship, networking, and negotiation skills
• Should be agile and results-oriented


Work Hours: 8

Experience in Months: 12

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified, Click here to apply.


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