Job Title: Officer - Finance (8 Fresher Jobs)
Organisation: Uganda Revenue Authority (URA)
Duty Station: Kampala, Uganda
Reports to: Supervisor Finance
Job Code: HRM/071/601
The Uganda Revenue Authority (URA) was established by the Uganda Revenue Authority Statute of 1991 and set up in September of the same year as a central body for assessment and collection of specified revenue, to administer and enforce the laws relating to such revenue and to provide for related matters. This statute incorporated all the laws that were in force then regarding tax collection. The new organization (URA) amalgamated the three tax administration departments that were responsible for all the taxes collected by the Central Government of Uganda.
Job Summary: The Officer - Finance will be tasked with implementing the financial management and accounting strategies and procedures to ensure proper accountability for revenue collection and efficient use of financial resources in the organization.
Key Duties and Responsibilities:
1. Implement revenue collection, reporting and accountability systems to inform management for decision making.
- Regularly analyse, code and validate revenue from URA collecting departments and post to the accounting system to account for revenue received.
- Post remittances and transfers from commercial banks to the accounting system to account for revenue according to the MOU with URA and the banks.
- Inspect URA stations around the country and deliver stocks, monitor performance of Finance roles to ascertain adherence to standards.
2. Reconcile revenue collection reported by URA stations and transfers by commercial bank branches to the commercial bank head office to ensure accurate and completeness of reports.
- Regularly verify revenue notifications received from Commercial Banks and URA stations for accuracy of accounting data.
- Conduct a reconciliation of revenue collection by URA collecting stations and transfers between bank branches and Head Office to certify reliability of financial records.
- Follow up raised queries with banks to improve the accuracy of information in the accounting system.
- Sensitize stakeholders to improve the understanding of URA accounting procedures.
3. Receive, verify, process and post payments for staff
- Receive and verify payment documents (supplier invoices and staff claims) for processing suppliers claims into the system to support accurate preparation of financial reports.
- Code expenses of staff and suppliers in line with the accounting manual.
- Capture and batch claims to process payments to URA staff and suppliers to report on expenditure.
- Respond to queries and enquiries addressed to the section from internal and external stake holders
- Reconcile individual ledgers with general ledger balances to for timely reporting.
4. Collect and consolidate budget proposals and monitor the implementation of the URA budget to enhance efficient resource utilisation and reporting.
- Prepare and consolidate proposals into the budget framework paper, URA business plan and procurement plan for budget preparation.
- Keenly monitor and report on implementation of the budget to the supervisor for remedial actions.
- Regularly monitor and evaluate the performance of the budget against division work plans for reporting.
- Implement strategies designed to improve the quality and reliability of budget data for improved decision making
5. Process tax refunds and submit for payments to enable proper management of refunds.
- Receive and verify approved tax refund claims and process applicable payments.
- Process refund payments to claimants in order to support client satisfaction.
- Reconcile payments against refund claims to generate a report.
6. Receive, issue out, and reconcile the URA inventory in the Central Store to support and facilitate operations.
- Receive and verify items from suppliers to confirm that goods delivered correspond to attached specifications.
- Regularly monitor the usage of stock and issue requested items to various stakeholders to facilitate business continuity.
- Maintain an updated record of receipts and issues and generate periodical reports to indicate the status of inventory.
- Carry out stock taking and reconciliation to establish actual stock balance and monitor re-order levels.
- Prepare assets for engraving for ease of accountability.
7. Monitor submission of accountabilities and provide appropriate advice to imprest holders to enhance adherence to accountability guidelines.
- Post and update imprest accountabilities to enable effective reporting into the financial reports
- Process replenishment of imprest for all stations to facilitate office operations and business continuity
- Conduct monthly reconciliation of station imprest to align cash advances against actual expenditures to enable accurate financial reporting.
- Provide response to audit queries and staff inquiries on imprest management to enhance clarity and accuracy
8. Process and issue payments due to authorised recipients and prepare periodical reports to facilitate business continuity and enhance accountability
- Process and issue payments due to staff to facilitate business continuity.
- Verify invoices and process payments to service providers / suppliers to improve efficiency of the organisation.
- Prepare receipts and accountability reports for funds and payments processed so as to enhance accountability.
9. Apportion, monitor and report on the URA Supplier Control Accounts for Insurance, Workman’s compensation, office accommodation and property rates to enhance
- Apportion and Monitor the insurance advance and workman’s compensation control accounts to enable accuracy in Financial Reporting.
- Maintain and reconcile office accommodations and property rates control account to enable accuracy in financial reporting, accuracy in financial reporting.
- Maintain and reconcile supplier payments withholding tax deductions to comply with regulatory requirements.
10. Monitor transactions posted to the URA Bank accounts and prepare periodic reconciliation statements to match bank balances and the cashbook / URA accounting records.
- Capture, post and track transactions on to the URA operational and donor accounts for proper accountability
- Prepare periodical bank reconciliation statements to ensure transactions in the cash book tally with the records in the bank.
- Reconcile staff advance accounts for payments under specified amounts to ensure money expended is properly accounted for.
Qualifications, Skills and Experience:
- The applicants for the URA Officer – Finance job opportunities should hold an Honors’ degree in Finance or Accounting from a recognized university.
- Full Professional Qualification in Accounting (ACCA or CPA (U) is desirable
- Two years’ work experience in accounting and finance role from a reputable and busy organisation.
- Previous experience in liaising with financial institutions at corporate level.
- Computer literacy i.e. experience in the use of accounting software.
- Knowledge of Public Finance and Accountability Act 2015
- Fair knowledge of Tax Laws of Uganda and the region
- Excellent analytical skills.
- High proficiency in the use of computer applications especially accounting packages and MS Office is required
- Excellent report writing skills
- Good team player
- Good negotiation skills
How to Apply:
All suitably qualified and interested candidates who wish to join URA should apply online by visiting the website below. Please go to Careers link, Click Here, ‘CAREERS -> EXPERIENTIAL HIRING -> Login (If new, register, else continue)’ to view detailed job description of the roles and responsibilities and other required competencies. All applicants are required to scan and attach copies of the required academic documents only e.g. Transcript, O’ Level, A’ level, Degree certificates. Each attachment should not exceed a limit of 1MB and ONLY Portable Document Format (pdf) are allowed.
Note: The list of shortlisted and successful candidates will be published on the URA website. Academic documents for the successful candidates will be vetted and background checks conducted before they are considered for appointment into the Authority. Any applicants found with forged academic documents will be charged in the courts of law.
Deadline: Thursday, 23rd June 2016 at 11:59pm
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