Share this Job
Senior Accountant - Reporting UIC Uganda job at Old Mutual | Apply Now
Are you looking for Accounting jobs in Uganda 2024 today? then you might be interested in Senior Accountant - Reporting UIC Uganda job at Old Mutual
Kampala, Uganda
Full Time
About the Organisation
Old Mutual is a leading financial services company with a mission to help individuals and businesses achieve their financial goals and secure their futures through innovative and sustainable financial solutions. With over 175 years of experience, the company is renowned for its strong reputation, trusted by millions of customers worldwide, and recognized for its excellence in insurance, investments, and retirement services. Old Mutual's work culture emphasizes collaboration, diversity, and continuous development, offering employees a dynamic environment with opportunities for growth, learning, and career advancement.
The company provides flexible work arrangements and a range of job opportunities across various sectors, promoting a supportive and inclusive workplace. Founded in South Africa in 1845, Old Mutual has evolved into a global financial powerhouse, with a presence in over 30 countries across Africa, Asia, and the Americas. The company operates a customer-centric business model that focuses on leveraging innovation, technology, and data to create personalized financial solutions. Old Mutual’s size and reach enable it to cater to a broad spectrum of clients, from individuals to businesses, across multiple sectors. Its core values—integrity, accountability, respect, and professionalism—guide all its operations and interactions.
Through its corporate social responsibility initiatives, Old Mutual invests in community development, education, health, and environmental sustainability. For more information, visit the official website at www.oldmutual.com.
Job Title
Senior Accountant - Reporting UIC Uganda job at Old Mutual
Old Mutual
Job Description
To design and manage controls and procedures for effective management of the Company’s financial and other resources and ensure timely and accurate reporting.
Duties, Roles and Responsibilities
To design and manage controls and procedures for effective management of the Company’s financial and other resources and ensure timely and accurate reporting.
Prepare Monthly Management Accounts for Local, group, regulatory and board reporting in accordance with IFRS
Reconciliation and substantiation of balance sheet schedules on a monthly basis with the General ledger and sub-ledger
Reinsurance reconciliation (claim recoveries, MDP recons and adjustments) together with the reinsurance officer.
Rental Income review and reconciliation for all the properties (Kimathi, Nakawa House and NBP)
Maintain a register of monthly Accruals, prepayments and provisions
Quarterly/Annual Risk Based returns preparation to IRA
Ensure that controls around general ledger, financial reporting are adhered to in accordance with our internal controls policies
Train and mentor junior team members on financial and management reporting.
Develop and implement robust accounting systems that are embedded with appropriate controls that help to safeguard the company’s assets and ensure accurate and timely reporting.
Liaises with external auditors on audit activities of the company.
To prepare monthly variance analysis for all departments, branches in line with budgetary provisions.
Preparation of monthly Opscom reports for both Local Management and Group
Preparation of the management accounts on monthly basis (GI, Health and Properties)
Reconciliation and maintenance of the rental income schedules (earned and unearned rental income)
To prepare the management and board summaries on monthly basis
Prepare and manage the reinsurance function for Medical Business and General Insurance
System Reconciliations for all the core systems integrating into the financial reporting tool D365
Maintain an updated company fixed assets register. (Additions/disposals/movements and Depreciation)
Maintain, reconcile and collect related party balances. Monthly Certificate sign off by Subsidiary.
To follow up on all the necessary returns with the various Regulators’ are adhered to.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Skills
Board Reports, Business, Design, Financial Reporting and Analysis, General Insurance, General Ledger (GL), Internal Controls, Management Accounting, Management Reporting, Reconciliations, Reinsurance, Reporting Tools, Subsidiary Ledgers, Timely Reporting
Education
Bachelors Degree (B): Accounting (Required), Bachelors Degree (B): Finance (Required)
Job Experience:
No Requirements
How to Apply
APPLICATIONS FOR THIS POSITION MUST BE ONLINE
Click the "Apply Button" Below to submit your Application
Related Jobs
.png)
.png)
