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Accounts Officer job at Ugafode Microfinance Limited (MDI) | Apply Now
Kampala, Uganda
Full Time
Are you looking for Accounting jobs in Uganda 2025 today? then you might be interested in Accounts Officer job at Ugafode Microfinance Limited (MDI)
About the Organisation
UGAFODE Microfinance Limited (MDI) is a regulated financial institution in Uganda, committed to providing affordable and innovative financial services that promote economic and social transformation among underserved populations. Established in 1994 as the Uganda Agency for Development Limited, a non-governmental organization focused on offering group credit primarily to women, UGAFODE transitioned into a company limited by shares in September 2010 and obtained its Microfinance Deposit-taking Institution (MDI) license from the Bank of Uganda in October 2011.
The institution has since earned a solid reputation for delivering quality financial products, including loans, savings, and money transfer services, tailored to meet the diverse needs of clients in urban, peri-urban, and rural areas. With a network of 20 branches and three Sales and Customer Service Centres across the country, UGAFODE employs approximately 370 staff members dedicated to upholding the core values of integrity, customer focus, teamwork, and professionalism.
The organization fosters a collaborative work culture, offering employees opportunities for professional development and career growth within a supportive environment. UGAFODE's business model emphasizes financial inclusion through innovative products like UGAFODE Mobile, enhancing accessibility and convenience for clients. Demonstrating a strong commitment to corporate social responsibility, UGAFODE actively engages in community development initiatives aimed at improving livelihoods and promoting sustainable economic growth. For more information, visit their official website at www.ugafode.co.ug.
Job Title
Accounts Officer job at Ugafode Microfinance Limited (MDI)
Ugafode Microfinance Limited (MDI)
Job Description
Job Title: Accounts Officer
Organisation: UGAFODE Microfinance Limited (MDI)
Duty Station: Kampala, Uganda
Ref: HR/STAFF/VAC – 27/05/2025/1
Duties, Roles and Responsibilities
Preparation and processing of company payments: As per instructions, swiftly initiates the payment process by preparing payment instructions/vouchers for both internal and external clients, confirms budget and processes payment, also in compliance with UGAFODE process flows & IFRS.
Maintaining budgetary control: Conducts reviews (daily) and monitors/tracks budget performance and implementation for all payments drawn to or against the institution.
Reporting: Prepares several reports and reporting standards to enhance an effective and efficient management reporting and such reports may include statutory and non-statutory reports.
Documentation and filing: Ensures regular update of procedural documentation (procedures manual) in line with changes in operating processes for reporting and retrieval purposes especially regarding company payments.
Reconciliation: Conducts reconciliation as per plan for all payments and costs against approved budget.
Funding & investment Proposals: Supports with information through benchmarking and research across the market in the development, analysis and management of funding proposals to support the institution’s growth strategies from time to time
Compliance: Ensures adherence to UGAFODE internal, external as well as regulatory and best practices in the processing and management of company payments.
Verification of fixed assets: Conducts regular or as scheduled checks on all company property to ascertain value for money and support effective decision making i.e. related to insurance, depreciation and write-off.
Liquidity management: Provides support with liquidity advisory and control to management for guaranteeing compliance to liquidity levels against budget and internal cash at hand reserves across branches within UGAFODE (MDI).
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Minimum of bachelor degree preferably in Accounting, Finance, Business or Commerce
At least 1 years’ experience in finance/accounting
At least enrolled in any financial professional accounting qualification such as ACCA, CPA, CIMA
Strong team leader with good communication, negotiation, influencing and interpersonal skills.
Ability to motivate, supervise and develop others.
Problem solver with strong analytical and numeracy skills.
Proactive self-starter with strong organizational and time management skills.
Excellent knowledge of IFRS and Uganda tax legislation, and Financial Institutions Act.
Good computer literacy with excellent use of MS Office – Excel, Word, PowerPoint, and experience in use of accounting software and management information skills.
Knowledge of banking or Microfinance business operations
High level of integrity
How to Apply
If you believe you meet the requirements as noted above, please submit application letter together with an up to date CV to our email only: recruitment@ugafode.co.ug (please indicate the position you are applying for in the Subject Line e.g. “Accounts Officer”.
Applications should be addressed to the Head of Human Resource.
Deadline: 30th May 2025 but they will be viewed on a rolling basis and only shortlisted candidates will be contacted.
