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About the Organisation
Finance Officer job at Muni University | Apply Now
Arua, Uganda
Muni University is a public higher education institution in Uganda, established with a mission to provide quality education, promote research, and foster sustainable development through skill-building and community empowerment. Recognized for its commitment to inclusive education and its role in improving access to tertiary learning in the West Nile region, Muni University has built a solid reputation for offering specialized programs that address both local and regional development needs.
The university embraces a work culture centered on academic excellence, integrity, and innovation, offering a collaborative and dynamic environment for employees and students alike, with opportunities for growth and professional development. Since its founding in 2012, Muni University has evolved from a small campus into a recognized institution of higher learning, offering both undergraduate and postgraduate programs, while continuing to embrace modern technologies and research in its academic and administrative models.
With its growing reach, Muni University serves a diverse student population and contributes significantly to the local community through its emphasis on research, capacity building, and partnerships with government and non-governmental organizations. Guided by core values of excellence, social responsibility, and inclusivity, Muni University engages in various CSR initiatives, including outreach programs and community-based research aimed at improving livelihoods in the region. For more information, visit https://www.muni.ac.ug.
Are you looking for Finance jobs in Uganda 2024 today? then you might be interested in Finance Officer job at Muni University
Full Time
Deadline:
2 Nov 2024
Job Title
Finance Officer job at Muni University
Muni University
Job Description
Ensuring effective financial management and reporting for Muni University as a partner in the RETI project by providing hands on support in the areas of financial management, budget monitoring, and compliance to ensure transparency and accountability in the use of project funds.
Duties, Roles and Responsibilities
Qualifications, Education and Competencies
See all details of the qualifications, competencies and education for this role under the "How to Apply" section below.
Typed application letters with supporting documents (copies of academic documents, national Identification card, evidence of work experience and any other relevant documents) should be addressed to the University Secretary and submitted as hard copies at the central registry – Muni University main campus- Arua City or at the Liaison Office- Al Lincoln flats at Makerere University- Kampala
Deadline: 2nd November 2024.
Applicants who shall not hear from the recruitment team at the end of the recruitment exercise should consider themselves unsuccessful.
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How to Apply
Key Duties and Responsibilities:
Financial management
Process all the financial transactions, including payment of salaries, activity disbursements, receipts, and payments, and ensure accurate and timely recording.
Work closely with the RETI Finance Manager to ensure timely submission of monthly and quarterly financial reports to the Lead partner.
Budgeting and forecasting
Collaborate with program teams to develop and review the detailed annual and quarterly budgets for Muni University aligned with the program activities, interventions and outputs.
Monitor budget utilization, track expenditures against approved budgets, and provide program accountability.
Prepare routine budget variance analysis reports for decision making by’ working closely with the program team on budget development/reviews, cost monitoring and budget-reporting requirements.
Financial reporting
Prepare monthly cash books and bank reconciliations for all the project accounts.
Prepare and submit timely and accurate program financial reports for Muni University in compliance with applicable financial reporting standards and guidelines.
Generate the standard financial statements, and other financial reports as required.
Maintain a detailed Assets Register for all the program assets.
Safeguard all the program assets under your custody.
Maintain all the ledgers for the project.
Cash flow management
Monitor the cash flow requirements of Muni University and ensure availability of funds to cover program expenses.
Coordinate cash disbursements and monitor cash balances to optimize fund utilization.
Timely coordination of program accountability to ensure funds are used for the approved program activities.
Audit and compliance
Timely coordination of both the internal and external audits and ensure timely implementation of audit recommendations.
Ensure adherence to funding regulations and guidelines.
Timely filing of returns for NSSF and PAYE.
Procurement and audit oversight
Support procurement processes, ensuring transparency and compliance with procurement policies and regulations.
Support program procurement audits.
Verify and file both financial and non-financial documents related to the procurement processes.
Financial monitoring and internal controls
Establish and maintain strong internal controls to prevent financial mismanagement and fraud.
Conduct regular financial reviews and reconciliations.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Skills and Experience:
Should possess Bachelors’ degree in Finance, Accounting or Business Administration (Accounting Option).
Should possess a minimum of level three (3) CPA or ACCA.
Should have a minimum of 3 years of experience in financial management, budgeting, and reporting gained from a large institution.
A work experience of donor-funded projects in an NGO setting is mandatory.
Proficiency in any accounting software and Excel is desirable.
Should have strong leadership, interpersonal and communication skill with a track record of managing large budgets.
Knowledge and use of a computerized financial management system will be an added advantage.
Should have experience and knowledge of government and donor funding policies and procedures.
Strong analytical skills and attention to detail.
Demonstrated ability to work with diverse teams and stakeholders.
Excellent communication and interpersonal skills.
Knowledge of financial regulations, compliance, and audit processes.
Familiarity with Ugandan financial and tax regulations.
Ability to work effectively in a fast-paced and dynamic environment.
