Senior Accountant at Uganda Railways Corporation (URC), Kampala, Uganda | Apply Now

Financial Reporting: Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements, ensuring accuracy and compliance with accounting standards (GAAP or IFRS).

Financial Analysis: Conduct financial analysis, variance analysis, and trend analysis to identify financial performance indicators, assess company performance, and provide insights to management for decision-making.

Budgeting and Forecasting: Assist in the development of annual budgets and financial forecasts. Monitor budget vs. actual performance, analyze variances, and recommend corrective actions as needed.

Month-End and Year-End Close: Oversee month-end and year-end close processes, including journal entries, account reconciliations, and accruals. Ensure timely and accurate completion of closing activities to meet reporting deadlines.

General Ledger Management: Maintain and reconcile the general ledger accounts, ensuring proper classification and recording of transactions. Review and approve journal entries and adjustments prepared by junior accounting staff.

Internal Controls: Develop, implement, and maintain internal control procedures to safeguard company assets, prevent fraud, and ensure compliance with regulatory requirements. Conduct periodic audits and assessments of internal controls.

Tax Compliance: Ensure compliance with tax laws and regulations by preparing and filing tax returns, including income tax returns, sales tax returns, and other statutory filings. Coordinate with tax advisors and authorities as needed.

Audit Support: Coordinate and facilitate external audits and reviews by providing requested documentation, explanations, and support to auditors. Address audit findings and implement recommendations for process improvements.

Financial Systems Management: Oversee the operation and maintenance of financial accounting systems and software. Recommend system enhancements or upgrades to improve efficiency and functionality.

Financial Planning and Analysis (FP&A): Collaborate with the FP&A team to provide financial insights, forecasts, and projections for strategic planning, investment decisions, and business performance evaluation.

Cash Management: Monitor cash flow, cash balances, and liquidity requirements. Manage banking relationships, including bank account reconciliations, treasury operations, and cash management strategies.

Financial Compliance: Ensure compliance with regulatory requirements, accounting principles, and company policies. Stay updated on changes in accounting standards, tax regulations, and reporting requirements.

Staff Supervision and Training: Supervise and mentor junior accounting staff, providing guidance, training, and performance feedback. Delegate tasks and responsibilities effectively to ensure the timely completion of accounting activities.

Financial Projects: Lead or participate in financial projects and initiatives, such as process improvements, system implementations, or mergers and acquisitions. Coordinate cross-functional teams and stakeholders to achieve project objectives.

Ad-Hoc Analysis and Reporting: Prepare ad-hoc financial reports, analysis, and presentations for senior management, board of directors, or other stakeholders as requested.