Finance Officer
Kampala, Uganda * Full-time
Teach For Uganda
Category: Finance
Total Positions:
Location: Kampala, Uganda
Full-time
Salary: Attractive
Posted 9 months ago
KEY DUTIES AND RESPONSIBILITIES
• Financial Recordkeeping & Compliance (40%)
• Maintain up-to-date and accurate accounting records in QuickBooks in accordance with Generally Accepted Accounting Principles (GAAP) and in line with TFU’s financial policies and procedures
• Process and ensure proper approval of all payment vouchers, maintaining sequential order and completeness of documentation.
• Liaise with the Procurement Officer to obtain original supporting documents (e.g., invoices, receipts) for timely processing of payment vouchers.
• Maintain an organized, secure, and easily retrievable filing system for all financial records for audit and compliance purposes
• Regularly update and monitor schedules of TFU debtors and creditors; submit weekly status reports to the Finance Manager.
• Maintain and update the monthly Withholding Tax (WHT) schedule, ensuring timely filings and reconciliations.
• Financial Reporting and Analysis (30%)
• Contribute to the timely preparation of monthly financial reports, including management accounts and donor reports.
• Perform monthly bank reconciliations and account schedules by the 1st working day of the following month.
• Oversee requisition and accountability processes, ensuring expenses are correctly coded to respective budget lines and aligned with approved work plans and cost- sharing guidelines.
• Assist the Finance Manager in audit preparation, ensuring completeness, accuracy, and transparency of financial documentation.
• Process payments in accordance with approved organizational budgets and payment procedures.
• Verify supporting documentation for accuracy, completeness, and compliance with donor requirements.
• Maintain an updated record of accounts payable and receivable and follow up on outstanding balances.
• Compliance and Internal Control (20%)
• Execute month-end closing processes including ledger reconciliations, FlexiPay, and debit card transactions.
• Monitor and enforce internal financial controls, ensuring proper audit trails and documentation.
• Provide support during both internal and external audits and implement audit recommendations
• Ensure compliance with TFU’s financial policies and donor regulations.
• Support the Finance Manager in the implementation and monitoring of internal financial controls.
• Provide orientation and training to new staff on financial procedures when needed
• Budget and Cash Flow Management (10%)
• Assist the Finance Manager in budget preparation and monitoring.
• Monitor monthly expenditure against budgets and report variances in a timely manner.
• Support in the preparation of cash flow forecasts
Recommended for you
QUALIFICATIONS / SKILLS
• Bachelor’s degree in accounting, Finance, Commerce, Business Administration or a related field.
• At least Level II of professional Accountancy body such as ACCA, CIMA, CPA is an added advantage.
• At least three (3) years of relevant experience in similar role with reputable organization, preferable INGO.
• Mandatory experience using QuickBooks online (accounting system entry, reporting, reconciliations). Note: You must have hands-on, working experience with QuickBooks. Experience working in an NGO or donor-funded organization is highly preferred.
• Preferred Competencies
• Strong financial expertise and familiarity in management and accounting practices.
• Sound practical knowledge of accounting systems-QuickBooks.
• Auditing awareness (ISAs)
• Financial systems and records management & reporting in an NGO setting.
• Advanced knowledge of MS Excel, PowerPoint, Word, and Outlook
• Attention to detail, organizational and time-management skills.
• Good analytical, numerical, and problem-solving skills.
• High levels of integrity, discretion, and accountability.
• Proven ability to work collaboratively across departments and with external stakeholders.
• Must be organized, dependable, results oriented and able to work independently and achieve results, with very minimal supervision
• TFU Competencies (for all TFU Staff)
• Put Children First in all actions and decisions.
• Embrace a Quest to Continuously Learn.
• Practice Humility and Respect for all.
• Foster Teamwork to achieve collective goals.
HOW TO APPLY
Please follow the application instructions provided in the full job description above.
CLICK HERE TO APPLYDeadline: Expired
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