Project Accountant Job at Ministry of Finance, Planning and Economic Development

Ministry of Finance, Planning and Economic Development

Project Accountant Job Post

Location:  Jobs in Uganda 2023 - 2024

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: December 12 2023

Hiring Organization: Ministry of Finance, Planning and Economic Development

Job Details:

Purpose of the Assignment
The EFS program is designed to boost Ugandan firms' exports of value-added manufactured products to regional and high-income markets. It will support potential and existing exporters to enter new export markets or expand their presence. Support will focus on upgrading firms’ organizational and production capacities and their capabilities to deliver to the demand of foreign buyers.

The Project Accountant will support the component in day-to-day finance function activities of budget execution, processing accounting transactions, providing updates on project expenditure, and participating in the preparation of periodic financial reports. S/he will ensure accountability, internal control development and enforcement as per the guidelines.

The Project Accountant - will be charged with ensuring proper financial accountability for the program including being frugal with the expenditures and keeping proper books of accounts for the program.

Specifically, the Accountant shall:
• Reviewing Client Claims submitted for reimbursement in compliance with operational and financial procedures.
• Reviewing expenditure accountability documentation for completeness, adequacy, and compliance with operational and financial guidelines.
• Programming the expected cash flows of the program for the short term to ensure proper execution and timely payments.
• Properly recording financial movements in financial statements, especially cash flow and others such as assets and liabilities that may result from the execution of the program
• Managing working advance sub-ledger in accordance with laid down procedures.
• Posting financial transactions into the Financial Management Systems
• Preparing monthly bank reconciliation statements for review by the Project Financial Management Specialist
• Reviewing and updating the financial support commitment ledger on a regular basis
• Preparing regular periodic management reports in accordance with operating guidelines.
• Assisting in the preparation of annual financial reports and accounts
• Generating vehicle, telephone, and any other resource usage reports
• Preparing staff payroll and remitting statutory deductions on a timely basis.
• Managing the component assets
• Raise component payment vouchers for review and authorization.
• Prepare bank payment instructions for approved claims.
• Properly file all accounting documents in accordance with the project guidelines.
• Manage the component imprest in accordance with project guidelines.
• Participate in the preparation of periodic progress management reports in accordance with GoU and World Bank guidelines.
• Any other legally accepted duties and roles as may be assigned by the Program Manager from time to time.

Qualifications, Experience, and Key Competencies:
• An Honors degree in Accounting or Finance; Commerce, or Business Administration with a major in accounts from a recognized institution.
• Full Professional Qualification in Accountancy (CPA or ACCA)
• Computer literacy with knowledge of the use of the latest Accounting Software applications
• Excellent communication and report-writing skills.
• Proven high degree of honesty, integrity, and versatility.
• Must be prepared to work under pressure to meet tight project targets.
• Good Interpersonal Skills and ability to relate well with a multiplicity of stakeholders.
• A minimum of five (5) years of Finance and Accounting experience in the public sector and at least two with donor-funded projects in a senior role.

Key Results /Outputs
• Monthly report on outstanding invoices and payments to clients
• The well-maintained filling system of payment documentation.
• Monthly bank reconciliation statements
• Payroll and update on statutory deduction returns.
• Monthly expenditure reports on motor vehicles, telephone, and any other resource usage
• Consolidation and reporting of all relevant financial information (balance sheet, income statement, and cash flow)

Application procedure

Interested applicants should submit application letters and supporting documents including curriculum vitae and photocopies of academic documents to INVITE web portal:  not later than Tuesday, December 12, 2023 by 5:00pm, clearly indicating the reference number and the particular position being applied for. Applications will only be received through the INVITE Web Portal.

Date Posted: 2023-11-29




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