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Kampala, Uganda



November 14, 2023 at 2:00:00 PM

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About the Organisation

True North Ltd started operations in 2008 under the name Efrivo Services Ltd as an IT & Management consultancy services company. In June 2011, it rebranded under the trade name True North Consult Ltd to reflect its current focus on People Management Advisory Services.
We are proud to be the only people management consultancy in Uganda that is run by qualified Human Resource Management Professionals.

Our niche is in the provision of bespoke management services to organizations of all sizes. The company has a network of over 15 consulting partners with over 10 years hands-on experience in their respective areas of expertise.

Because we are small, every customer is big, therefore you are guaranteed dedicated effort and service from highly qualified and experienced resources.

Job Title

Senior Reporting Accountant job at True North Consult

Job Description

The Reporting accountant supports business operations in understanding the financial information and identifying opportunities to maximize financial performance, ensuring compliance with the Company’s policies, International Financial Reporting Standards (IFRS) and Statutory Requirements.
The role also, collaborates with FP&A specialist in budget development, forecasting and tracking of actuals vs budgets.

Duties and Responsibilities

Key Result Areas

  • Ensure timely, accurate and efficient financial close

  • Support the design and adoption of accounting policies, procedures and controls.

  • Perform value added operational analysis, primarily budget / forecast variance analysis.

  • Prepare standard monthly / quarterly financial reports for local, regional and corporate management.

  • Support Quarterly financial review calls/Fluxes

  • Support internal and external auditors’ requirements.

  • Deliver on time and accurate statutory reporting.

  • Carry out projects post implementation reviews to ensure the business is realizing return on investment per business cases.


Financial and Management Reporting

  • Prepare timely and accurate financial statements and management reports (monthly and quarterly, biannually and annually) in accordance with the Finance policy and IFRS.

  • Ensure statutory statements are produced in time and filed appropriately

  • Ensuring that the accounts prepared present a true and fair view and are in accordance with prevailing accounting standards

  • Month end review of pass through and fixed power revenue and cost for accurate power margin reporting.

  • Coordinate the preparation of Ops review slides

General Ledger maintenance/control

  • Weekly review bank balances and ensure all reconciling items are explained.

  • Support the business by providing correct account coding per business chart of account (COA).

  • Review schedules of all reporting balance sheet ledgers.

  • Review monthly reconciliation of R11 R12 per control guidelines.

  • Ensure the integrity of the general ledger and reports generated

Financial Analysis/Business performance

  • Review analysis done to ensure trends, correlations and dependencies have been identified and adequately explained.

  • Monthly review of power margin trends.

  • Support projects post implementation reviews to ensure the business is realizing good return on investment.

Budgeting and Cost Control

  • Analyse and report on the performance of the department in terms of the achievement of targets against budgets/plans

  • Support the process of budgeting/forecasting through explaining actual spend.

  • Support Internal and External Audits

  • Support regular internal and external audits

  • Follow-up on the resolution of audit queries and the implementation of any recommendations

  • Ensure financial information and relevant schedules are prepared in the correct format and in time for the annual external audit

  • Resolution of audit queries.

  • Audits started and completed within the timeframe agreed.

Qualifications and Competencies

Person Specification

Education, Training, Skills & Experience Personal Specification:

  • Must have a high degree of integrity, confidentiality and trust, a good work ethic and sound judgment

  • Strong knowledge of IFRS and US GAAP

  • Highly skilled in Excel

  • Oracle experience preferred

  • Strong analytical skills

  • Self-motivated, able to work in a team and independently

  • Ability to work in a high volume, fast paced environment

  • Detail oriented, able to meet deadlines and adjust to changing priorities

  • Good oral communication skills

  • Ability to communicate clearly across the whole organisation

  • Excellent follow up skills

  • The incumbent must be flexible as there may be occasions that require working beyond the standard working week to ensure the positions expectations and responsibilities are met.

Qualifications and Experience:

  • First degree in Finance and Accounting.

  • Full Professional Accountant (ACCA/CPAU).

  • 5+ years of experience in a finance close environment with 2 years at least reporting directly to CFO or CEO.


  • We are a dynamic organization in a rapidly changing industry. Accordingly, the responsibilities associated with this job will change from time to time in accordance with the Company’s business needs. More specifically, the incumbent may be required to perform additional and/or different responsibilities from those set forth above.

  • The above declarations are not intended to be an all- inclusive list of the duties and responsibilities of the job described, nor are they intended to be such a listing of the skills and abilities required to do the job. Rather, they are intended only to describe the general nature of the job.


  • 90% of work will be performed in climate-controlled internal office environment working under normal office conditions. 5-10% travel will be required in support of the position’s responsibilities.

  • While performing the duties of this job, the employee is regularly required to sit; stand; walk; use hands and finger to feel and handle; reach with arms and hands; talk and hear. While performing the duties of this job, the employee frequently is required to stoop, kneel, and crouch; lift weight or exert a force up to a maximum of 25 pounds.

How to Apply

To apply, please send your resume and cover letter to with subject line Senior Reporting Accountant before 18th November 2023.

All applications shall be acknowledged as recieved but only shortlisted candidates will be contacted.
All applicants should share their CV's and Cover Letters in PDF or MS Word STRICTLY

Apply Now


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