Job vacancy Internal Control Accountant - Kampala


Announced
09 July, 2024
Job Type
Employee
Job Status
Full Time
Job Title

Internal Control Accountant - Kampala

Job Presentation

Job Title: Internal Control Accountant - Kampala 

Reports to: Financial Controller

Direct Reports: 

Department: Finance

Unit: N/A 

Current Grade: N/A

Work Station: Kampala


Job Purpose 

The Internal Control Accountant will be responsible for ensuring the integrity of financial data,  implementing and monitoring internal control procedures, and supporting the company's financial  stability. 


Key duties and responsibilities 

a) Develop, implement, and maintain internal control policies and procedures to safeguard assets and ensure accurate financial reporting. 

b) Perform regular assessments and audits of internal control processes to identify weaknesses and recommend improvements. 

c) Prepare, review, and analyse financial statements to ensure compliance with accounting standards and regulatory requirements. 

d) Assist in the preparation of monthly, quarterly, and annual financial reports. 

e) Identify financial risks and develop strategies to mitigate them. 

f) Ensure adherence to company policies, industry regulations, and best practices. 

g) Coordinate and support both external and internal audits, providing necessary documentation and explanations. 

h) Address audit findings promptly and implement corrective measures. 

i) Continuously evaluate and enhance financial processes and systems for efficiency and effectiveness. 

j) Implement best practices in accounting and internal controls to streamline operations. 

k) Oversee accounting for inventory, ensuring accurate tracking and reconciliation of physical inventory with accounting records. 

l) Monitor inventory levels and costs, ensuring accurate valuation and reporting. 

m) Assist in the development of budgets and financial forecasts. 

n) Monitor budget performance, analyse variances, and provide actionable insights. 

o) Ensure compliance with all financial and accounting regulations, including GAAP, IFRS, and other  relevant standards. 

p) Stay informed about changes in financial regulations and standards. 

q) Work closely with operational departments to ensure financial processes align with the company's  overall business objectives.

r) Provide financial insights and recommendations to support strategic decision-making. 


Internal Relationships: All departments 

External Relationships: Government Agencies, External Auditors, Suppliers, Customers Knowledge,


Experience and qualifications required 

  • Bachelor’s degree in accounting or any other related course from a recognized institution 
  • Must be a qualified accountant with relevant professional qualifications such as Certified  Public Accountant (CPA-U) or ACCA. 
  • Minimum of 5 years experience 


Competencies 

Technical & Behavioural competencies  

  • Excellent organizational skills. 
  • Possess significant computer knowledge and have an expertise in Ms Excel and other  computer related skills like database administration, tally, etc. 
  • In-depth knowledge about accounting and finance. 
  • Aware of the data security act to safeguard the financial assets of the company. 
  • Well informed about changes regarding the financial regulations and legislations. 
  • Have an eye for analysing the market trends. 
  • Calm and professional attitude to work under pressure. 
  • Good understanding of financial management obligations, especially statutory obligations and  requirements. 
  • Analytical thinker with strong investigative and problem-solving skills. 
  • Ability to work under pressure and meet tight deadlines. 
  • Excellent report-writing and communication skills. 
  • Proficiency in financial planning software such as Microsoft Excel and SAP. 


Responsibility for finances and physical assets 

  • The job holder has no responsibility for equipment, finances or stock however participates in  the financial planning of the organization 


Decision-making 

The jobholder’s decision-making authority is within existing guidelines and includes providing  recommendations to facilitate final decisions 


Information 

The jobholder has access to confidential information. The job requires high level of  confidentiality 


Working Conditions 

Working Environment: The job holder is exposed to minimum disagreeable situations


How to apply.

All candidates should send their updated CVs and application letters through Brightermonday Portal by Clicking on the 'Apply Now ' section 



Valid Till
7 Oct, 2024 (84 days left)

JOB BY
Brighter Monday Uganda
plot 141 Kira road, Kamwokya, Kampala
  +256 200 412 700
  +256 709 770 811

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