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Job Title
Subsidiary Accountant job at Uganda National Oil Company - UNOC
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About the Organisation
Uganda National Oil Company - UNOC was incorporated as a limited liability company wholly owned by the Government of Uganda in June 2015. Our overall function is to handle the Government of Uganda’s commercial interests in the petroleum sub-sector and to ensure State participation in petroleum activities. The company is also mandated to investigate and propose new upstream, midstream, and downstream ventures initially locally and eventually internationally.
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Uganda
The Uganda National Oil Company Limited (UNOC) is a state-owned enterprise established in 2015 under the Petroleum Acts of 2013, with the mandate to manage Uganda's commercial interests in the petroleum sector and ensure the resource is exploited sustainably. UNOC's purpose is encapsulated in its statement: "Creating Value for Generations."
The company has garnered recognition for its strategic performance management, notably receiving the Balanced Scorecard Institute’s 2023 Award for Excellence, highlighting its strong leadership and organizational alignment. UNOC fosters a culture of innovation and professionalism, offering employees opportunities for holistic development across strategic, operational, and leadership dimensions. Regularly, the company announces job openings in various departments, with details available on their careers page.
Since its inception, UNOC has evolved by integrating sustainability into its corporate strategy, aligning with at least 11 of the 17 Sustainable Development Goals. Operating from its headquarters in Kampala, UNOC's vision is to be an innovative and profitable company operating across the petroleum value chain for the benefit of all Ugandans. The company's core values include innovation, integrity, and sustainability.
Through its corporate social responsibility initiatives, UNOC is committed to delivering strategic programs that foster long-term relationships with local communities. For more information, visit their official website at https://www.unoc.co.ug/.
Are you looking for Accounting/Finance jobs in Uganda 2025 today? then you might be interested in Subsidiary Accountant job at Uganda National Oil Company - UNOC
Full Time
Uganda National Oil Company - UNOC
Job Description
DEPARTMENT: Finance
JOB TITLE: Subsidiary Accountant (1 Vacancy)
REPORTS TO: Senior Subsidiary Accountant
JOB PURPOSE: The Subsidiary Accountant is responsible for managing the financial accounting affairs of UNOC’s subsidiary companies.
Duties, Roles and Responsibilities
ESSENTIAL DUTIES:
Prepare monthly management accounts within the set timelines, adhering to company policies and accounting procedures.
Assist in the preparation of annual budgets, periodic forecasts, and the year-end reporting pack.
Contribute to the preparation of all project reports.
Oversee inter-company transactions between the parent company (UNOC) and its subsidiaries.
Manage cost allocations between UNOC and its subsidiaries.
Perform day-to-day inter-company control account reconciliations.
Support the statutory audit process by providing necessary schedules and reconciliations, coordinating with staff required by auditors, and compiling management responses to audit findings.
Prepare local statutory financial reports.
Implement assigned audit actions for subsidiary businesses.
Assist subsidiaries in implementing a controls framework.
Participate in year-end stock takes for subsidiaries.
Monitor and report on the progress of capital projects for subsidiaries on a monthly basis.
Support Subsidiary General Managers in managing risks.
Develop and maintain fixed asset registers for subsidiaries.
Perform other duties and responsibilities as assigned by the supervisor(s).
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
QUALIFICATIONS & EXPERIENCE:
Bachelor’s degree (Hons) in Finance, Business Administration, Accounting, Economics, or related fields.
Full professional membership in ACCA / CPA.
A minimum of 4 years of experience in a finance role within a reputable and busy corporate organization.
Proficiency in Excel and ERP systems; SAP experience is an advantage.
General knowledge of the Oil & Gas value chain is a plus.
SKILLS AND COMPETENCIES:
Excellent analytical and problem-solving skills.
High attention to detail.
Strong professionalism and confidentiality.
Excellent interpersonal and communication skills.
Expertise in financial accounting and general ledger reconciliations.
Proficiency in financial reporting and accounting controls.
Advanced proficiency in Microsoft Excel.
Expert knowledge of Enterprise Resource Planning (ERP) systems.
Knowledge and application of IFRS and other relevant accounting standards.
Familiarity with Uganda's tax laws.
Understanding of joint venture, subsidiary, and intercompany accounting.
Knowledge of integrated planning and budgeting processes.
Strong stakeholder management skills.
How to Apply
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APPLICATION DEADLINE:
All applications are expected to be submitted from Monday 10th February 2025 and not later than Friday 28th February 2025 by 23:59 Hours (11:59PM EAT)
NOTE
ONLY online applications will be considered.
Applicants are required to scan and attach certified copies of the required academic documents only e.g. Transcript, O’level, A’level, Degree certificates.
Each attachment must not exceed a limit of 1MB and ONLY Portable Document Format (pdf) is allowed. Where attachments are more than 1MB, candidates are advised to break them down before uploading.
Academic documents for the successful candidates will be vetted and background checks conducted before they are considered for appointment into the Company.
Applicants without authentic academic transcripts will not be considered.
Any applicant with forged academic documents will be charged in the relevant courts of law.
Any form of lobbying will lead to automatic disqualification.
“UNOC is an equal opportunity employer and does not charge any monies to any candidates during the recruitment process. Report any form of solicitation to +256312444629”
For any inquiries please contact the Human Resource team on recruitment.unoc@unoc.co.ug.
THE CHIEF EXECUTIVE OFFICER,UGANDA NATIONAL OIL COMPANY LTD,
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