top of page
Share this Job:
Looking for a rewarding career in Uganda? Checkout the available Uganda National Oil Company Limited Jobs today. Easily apply for current vacancies on AfriCareers.net, and get hired.

Graduate Trainees - Finance Department job at UNOC | Apply Now

Are you looking for Finance Jobs in Uganda 2024? If yes, then you might be interested in Graduate Trainees - Finance Department job at Uganda National Oil Company Limited (UNOC)

Kampala, Uganda

Full-time

Deadline: 

March 4, 2024 at 2:00:00 PM

About the Organisation

Uganda National Oil Company (UNOC) Limited is a limited liability company solely owned by the Government of Uganda (GOU). It was established under Section 42 of the Petroleum (Exploration, Development, and Production) Act and Section 7 of the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act, both of 2013. It was incorporated under the Companies Act of 2012 as a limited liability company on June 12th, 2015.

Apply for Courses at UNICAF

Job Title

Graduate Trainees - Finance Department job at Uganda National Oil Company Limited (UNOC)

Job Description

The Uganda National Oil Company (UNOC) Limited was established under the Petroleum (Exploration, Development and Production) Act and the Petroleum (Refining, Conversion, Transmission and Midstream storage) Act, both of 2013 and incorporated under the Companies' Act, 2012. It is a limited liability company wholly owned by the Government of Uganda.

The overall function of UNOC is to handle the State's commercial interests in the Oil and Gas industry and en- sure that the resource is exploited in a sustainable manner.

UNOC is offering Graduate Internship opportunities for a maximum of six (6) months - non-renewable contract to recent graduates interested in starting a career in an Oil and Gas industry.

Duties and Responsibilities

Financial Planning and Analysis (FP&A):

  • Developing financial plans, budgets, and forecasts to support strategic decision-making.

  • Analyzing financial data and performance metrics to identify trends, opportunities, and risks.

  • Providing financial insights and recommendations to senior management for optimizing financial performance.


Financial Reporting and Compliance:

  • Preparing and presenting financial statements, including income statements, balance sheets, and cash flow statements, in accordance with accounting standards and regulatory requirements.

  • Ensuring compliance with tax laws, financial regulations, and reporting standards imposed by regulatory bodies and authorities.

  • Managing internal and external audits and coordinating with auditors to ensure accurate and timely completion of audits.


Treasury and Cash Management:

  • Managing cash flow, liquidity, and working capital to meet operational needs and financial obligations.

  • Developing cash flow forecasts and optimizing cash management strategies to maximize returns and minimize risks.

  • Overseeing banking relationships, including cash management services, credit facilities, and investment accounts.


Financial Operations:

  • Processing financial transactions, including accounts payable, accounts receivable, payroll, and expense management.

  • Implementing and maintaining financial systems, policies, and procedures to ensure accuracy, efficiency, and internal controls.

  • Monitoring and reconciling financial accounts, ledgers, and sub-ledgers to ensure accuracy and integrity of financial data.


Capital Management and Investment Analysis:

  • Evaluating investment opportunities, capital projects, and strategic initiatives to assess their financial feasibility and potential returns.

  • Managing capital allocation decisions and optimizing the organization's investment portfolio to maximize shareholder value.

  • Conducting cost-benefit analysis and financial modeling to support investment decisions and capital budgeting.


Risk Management and Insurance:

  • Identifying, assessing, and mitigating financial risks, including market risk, credit risk, liquidity risk, and operational risk.

  • Implementing risk management strategies, policies, and controls to minimize exposure to financial risks and protect the organization's assets.

  • Procuring and managing insurance coverage to mitigate risks associated with property, liability, and other insurable exposures.


Financial Strategy and Policy Development:

  • Developing financial strategies, policies, and guidelines to guide financial decision-making and ensure alignment with organizational goals and objectives.

  • Establishing financial controls, benchmarks, and performance metrics to monitor and evaluate financial performance and accountability.

  • Providing financial leadership and guidance to other departments and stakeholders to support effective resource allocation and financial management.

  • Mergers and Acquisitions (M&A):

  • Participating in due diligence activities and financial analysis for potential mergers, acquisitions, divestitures, and strategic partnerships.

  • Evaluating the financial implications of M&A transactions, including valuation, financing options, and integration planning.

  • Supporting negotiation and execution of M&A agreements, contracts, and transaction document.


Financial Governance and Ethics:

  • Upholding ethical standards and financial governance principles to ensure integrity, transparency, and accountability in financial management and reporting.

  • Promoting a culture of compliance with financial policies, regulations, and ethical standards throughout the organization.

  • Providing training and guidance to employees on financial governance, ethics, and best practices.


Financial Leadership and Team Management:

  • Providing leadership, direction, and support to finance team members, including hiring, training, mentoring, and performance management.

  • Fostering a culture of collaboration, innovation, and continuous improvement within the finance department.

  • Aligning finance department goals and objectives with the overall strategic direction of the organization.

Enroll for QuickBooks Accounting Course

Qualifications and Competencies

  • Bachelor’s Degree(Hons) in Commerce, Accounting, Statistics, Finance, Actuarial Science, Economics, Business Administration, Business Studies or any other related field


Key Requirements

  • Must provide a copy of University Degree Transcript obtained from a recognized University i.e. (Bachelor's Degree).

  • Must have a minimum of a 2nd class upper degree, with a minimum CGPA of 4.0.

  • Must have scored a minimum of a Credit in Mathematics and English subjects at Ordinary Level (O' level).

  • Must have graduated not more than three years from the time of applying for this opportunity.

  • Excellent communication skills

Enroll for CPA Uganda Course

How to Apply

APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Are you interested? Click the "APPLY" button below to submit your application.

0

PRO CV WRITER

Increase your chances of getting hired with the perfect resume

Let us help you create a perfect CV and Cover Letter!

30% higher chance of getting a job

42% higher response rate from recruiter

Related Jobs
AfriCareers
Client Relations Intern job at AfriCareers

Graduate Trainee jobs

Deadline: 

Jun 18, 2024

Client Relations Intern job at AfriCareers
Bank of Africa Uganda Limited
Graduate Recruitment Program job at Bank of Africa

Graduate Trainee jobs

Deadline: 

Jun 20, 2024

Graduate Recruitment Program job at Bank of Africa
Uganda Christian University (UCU)
Intern (Sports & Gym Instructor) job at Uganda Christian University (UCU)

Graduate Trainee jobs

Deadline: 

Jun 18, 2024

Intern (Sports & Gym Instructor) job at Uganda Christian University (UCU)
Uganda Christian University (UCU)
HR Intern job at Uganda Christian University (UCU)

Graduate Trainee jobs

Deadline: 

Jun 18, 2024

HR Intern job at Uganda Christian University (UCU)
Numida
Sales & Marketing Intern_Jinja job at Numida

Graduate Trainee jobs

Deadline: 

Jun 7, 2024

Sales & Marketing Intern_Jinja job at Numida
You may also Like!
PRO CV
Remote Jobs - Work From Home Jobs
bottom of page