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06 May 2016

World Bank USDF Grant Jobs - Project Accountant at Private Sector Foundation (PSFU)

Organization: Private Sector Foundation Uganda (PSFU)
Project Name: Uganda Skills Development Facility (USDF)
Funding Source: World Bank
Duty Station: Kampala, Uganda
Reports to:  Financial Management Specialist

About World Bank USDF:
The Government of Uganda has applied for credit from the World Bank towards Implementation of the Uganda Competitive Fund for employer-led short term training (Uganda Skills Development Facility -USDF). The Uganda competitive fund for employer-led short-term training is part of the Skilling Uganda Project addressing prevailing skills imbalances and shortages in Uganda. An important element of the initiative is to facilitate collaboration between training providers and industry to promote demand driven skills development with special attention to innovative modes of training. The Fund is an IDA-funded project expected to be managed by the Private Sector Foundation Uganda (PSFU). The grant component of USDF aims at;
·         Component 1: Supporting training activities that lead to improved productivity and competitiveness in the formal and informal sectors, hereby creating new income opportunities
·         Component 2: Providing funding primarily for the improvement of the quality and relevance of existing skills systems
·         Component 3: Prioritising innovative new approaches to skills development with special attention to micro and small enterprises.

Job Summary:  The Project Accountant will support the Financial Management Specialist in the coordination of the day- to-day finance function activities of budget execution, processing accounting transactions, providing updates on project expenditure and participating in preparation of periodic financial reports.

Key Duties and Responsibilities: 
·         Perform regular analysis of payment requests and reconcile them with approved documentation including purchase orders (LPO) and contracts.
·         Handle and post payment invoices into financial management system in line with approved work plans.
·         Manage payments to service providers and remit statutory deduction to relevant authorities in accordance with operating guidelines.
·         Responsible for generating summary of LPO in the financial management system on monthly basis, prepare reports on outstanding payments / obligations and extract periodic commitment control Reports.
·         Updating expenditure control cards for contractual payments and ensure no contract over-runs
·         Responsible for preparing staff payroll and remit statutory deductions to the relevant authorities.
·         Regular reviewing of reimbursement claims submitted from the projects components and project implementation unit and process payment in compliance with operational and financial procedures.
·         Studying expenditure accountability documentation for completeness, adequacy and compliance with financial and operational guidelines.
·         Enter financial transactions into the system and generate Payment Vouchers for documentation and filing.
·         In charge of preparing schedule of payments approved by the Project Manager indicating period taken to complete payment process;
·         Carry out monthly bank reconciliation and prepare reconciliation statements for review by the Financial Management Specialist.
·         Participate in preparation of periodic progress management reports in accordance with donor guidelines.
·         Support in the preparation of annual statutory financial reports and accounts.
·         In charge of generating expenditure reports on motor vehicle and telephone usage.
·         Update stores records and the assets register as appropriate
·         Perform any other duties as will be assigned from time to time

Qualifications, Skills and Experience: 
·         The applicant should preferably hold an Honors degree in Commerce, Business Administration or related disciplines from a recognized degree awarding institution. A member of the Institute of Certified Public Accountants of Uganda;
·         Possession of Full Professional Qualification in Accountancy (e.g. CPA or ACCA)
·         At least five years of post-qualification experience in Finance and Accounting, three (3) years in donor funded projects.
·         Computer literacy skills with working knowledge in the use of Accounting Software Application.
·         Excellent communication and report writing skills;
·         Proven high degree of honesty, integrity and versatility.
·         Must be prepared to work under pressure to meet tight project targets
·         Excellent interpersonal skills and ability to relate well with a multiplicity of stakeholders.

How to Apply:
All candidates are encouraged to deliver their application letters, updated curriculum vita and photocopies of academic and professional certificates to the address below. Please clearly indicate the position being applied for on top of the envelope.

The Executive Director,
Private Sector Foundation Uganda (PSFU)
Plot 43, Nakasero Road,
P. O. Box 7683, Kampala- Uganda.

Deadline: 13th May, 2016

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