Summary
Date Posted: Tuesday, July 11 2023, Base Salary: Not Disclosed

JOB DETAILS:

Job Purpose:
The objective of this assignment is to ensure timely implementation of the GROW project and day-to-day finance function activities of budget execution, processing accounting transactions, providing updates on project expenditure and participating in preparation of periodic financial reports.

Duties and Responsibilities
• Provide an oversight to the overall GROW's financial management functions including
• recording, reporting, budgeting, accounting and banking and treasury activities ensuring full compliance with the Project Operations Manual;
• Monitor the project budgets, expenditures and costs and ensure control over project funds use;
• Carry out analysis of payment requests and reconcile them with approved documentation including Local Purchase Orders (LPO) and contracts.
• Process and post payment invoices into financial management system in line with approved work-plans.
• Process payments to grantees and service providers and remit statutory deduction to relevant authorities in accordance with operating guidelines.
• Generating summary of LPO in the financial management system on monthly basis, prepare reports on outstanding payments/ obligations and extract periodic commitment control Reports.
• Updating expenditure control cards for contractual payments and ensure no contract
• over-runs
• Reviewing reimbursement claims submitted from GROW project beneficiaries and project implementation unit and process payment in compliance with operational and financial procedures.
• Reviewing expenditure accountability documentation for completeness, adequacy and compliance with financial and operational guidelines.
• Perform monthly bank reconciliation and prepare reconciliation statements for review and approval.
• Preparation of quarterly IFR and other periodic progress management reports in accordance with donor guidelines.
Update stores records and the assets register as appropriate.

Minimum Qualifications, Experience and key competencies:
Master's degree in Commerce, Business Administration or Financial Management (Accounting Option) or related disciplines from a recognized degree awarding institution.
Professional Accounting qualifications such as ACCA, CPA and membership to the Institute of Certified Public Accountants of Uganda (ICPAU);
5 years of practical experience in accounting and operational procedures of which three (3 years) with World Bank funded projects; d) Computer literacy with knowledge in the use of Accounting Software Application.
The selection will be conducted in accordance with the procedures for selection of Individual Consultants set out in the World Bank Procurement Regulations for Investment Project Financing (IPF) Borrowers dated November 2020 (Procurement Regulations).
The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the Procurement Regulations setting forth the World Bank's policy on conflict of interest.

Work Hours: 8

Experience in Months: 60

Level of Education: Postgraduate Degree

Job application procedure

Interested eligible applicants should submit applications including a cover letter, current Curriculum Vitae and Academic Certificates and Transcripts demonstrate they have the required qualifications and relevant experience to perform the services; to be received not later than 1700 hrs on July 17, 2023, at the address indicated below. Applications should indicate the Reference Number and Position applied for on the right-hand corner of the envelope. Only shortlisted applicants will be contacted.
Previous applicants need not reapply.
The Chief Executive Officer Private Sector Foundation Uganda Plot 43 Nakasero Road
PO Box 7683, KAMPALA
Email: grow@psfu.org.ug 


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