Financial Accountant Jobs – UGAFODE Microfinance Limited (MDI)

Job Title:        Financial Accountant
Organization: UGAFODE
Microfinance Limited (MDI)
Duty Station: Kampala,
Reports to: Head
of Finance
About US:
UGAFODE Microfinance
Limited (MDI) is a registered financial institution in Uganda and is adherent to
the Central Bank’s regulations and guidelines and was founded in 1994 to
provide quality microfinance services.
Job Summary:  The Financial Accountant will report to the
Head of Finance, supervise the Accounts Officers and will be responsible for:
financial reports that provide information about a firm’s performance to
external parties such as investors, creditors, and tax authorities.
UGAFODE’s financial statements are correct and in adherence with accounting
principles and regulatory rules.
Key Duties and Responsibilities: 
Statutory Accounts
and Interim Audits:
of end of year statutory accounts in line with IFRS, MDI Act, 2003, MDI
Regulations 2004 & the Companies Act reporting requirements
with external auditors during the interim and final audit, coordinate responses
to Management letter issues and track implementation of the recommendations.
External reporting
as assigned:
all regulatory reports for Bank of Uganda with accuracy and timely reporting
monthly reports to lenders
reports to stake holders including lenders.
out system report reviews to ensure accuracy         which  may include suspended interest, interest
receivable, loan portfolio reports etc.
Payroll and Staff
of the payroll to ensure that all salary deductions are applied as per statutory
requirements and as per HR policy and remitted on time.
of salary advances and staff loans to ensure strict conformity with policies
and procedures.
Taxation issues:
proper deduction and remittance of VAT, Withholding tax on suppliers’ payments,
service providers, UGAFODE Microfinance Limited Microfinance investments and
clients’ savings.
planning: Preparation of the Corporation tax computations – provisional and
final as required by law and ensuring relevant payments are made timely.
Fixed assets
a summarized fixed asset register for annual accounts
that the fixed assets are well recorded , management of items for disposal and
maintaining a register of the same
that physical verification of assets- stock taking is done, all sets are
engraved and asset coordinating of asset movement forms/registers as per
insurance of various items. Ensure all assets are insured including cash.
Other activities:
timely responses and provision of information required by stake holders.
and verify and monitor various general ledger accounts: to ensure they are
properly maintained with schedules.
the work done by accounts officers, verifying all reconciliations done to
ensure accuracy and alignment with policy requirements.
other duty as may be assigned from time to time.

Qualifications, Skills and Experience: 
  • The ideal candidate for the UGAFODE Financial
    Accountant job must possess a  Bachelor’s degree in Accounting or
    Finance from a reputable university or college.
    Accounting Certification e.g. CPA, ACCA
  • Advanced knowledge of related statutory and regulatory banking compliance regulations,
    accounting principles, and tax laws
  • Expert knowledge in financial modeling in spreadsheets with good
    analytical skills
  • Should
    have experience in good financial reporting skills including statutory and
    Board reporting.
  • Excellent
    oral, written and interpersonal communication skills with the ability to carry
    out instructions and instruct others, interpret documents, understand
    procedures, write reports and correspondence, speak clearly to third parties
    and employees
  • Self-motivated
    team player with the ability to adapt and work co-operatively and effectively
    in different situations and teams to carry out assigned task
  • Ability
    to lead, supervise, train, and foster the development of direct reporting
    staff, providing feedback, support and encouragement
  • Ability
    to build and maintain effective relationships with individuals and team as a
  • Excellent
    organization, delegation, performance management, and time management skills
  • Only
    persons with High level of integrity as advised to apply.
How to Apply:
persons who meet the above criteria should submit their motivation letters
together with an up to date CV to our email only:
(please indicate the position you are applying for in the Subject Line “Application
for Financial Accountant”). Applications should be addressed to the Head of
Human Resources.
Deadline: 5th November 2018
Microfinance Limited (MDI) is an equal opportunities employer. Only shortlisted
candidates will be contacted.
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