Senior Finance Officer Jobs – Insurance Regulatory Authority of Uganda (IRA)

Job Title:   Senior Finance Officer

Organization: Insurance
Regulatory Authority of Uganda (IRA)

Duty Station:
Kampala, Uganda

Reports to: Director
Finance

About US:

The Insurance
Regulatory Authority of Uganda (IRA) was established under section 14 of the
Insurance Statute 1996 now The Insurance Act, (Chap213) Laws of Uganda, 2000
(Insurance Act) which came into effect on 4th April 1996 and commenced
operations in April 1997. The establishment of the Insurance Regulatory
Authority of Uganda was a consequence of Government’s adoption of the liberalization
and privatization policies which ended its role of directly engaging in the
provision of goods and services and taking on the role of supervisor or
regulator.

Job Summary:   The Senior Finance Officer will mainly maintain
the established financial and budgeting procedures and financial reporting
while ensuring compliance with all regulatory requirements as relating to IRA.

Key Duties and Responsibilities:  

·       
Review
all transactions posted into the accounting system on a weekly basis;

·       
Review
of invoices to ensure all necessary documents are attached as a prerequisite to
processing them for payment;

·       
Supervise
the investigation and follow up of all outstanding items on bank reconciliation
statements;

·       
Manage
Staff imprest, loans, and advances, to ensure all are settled as per IRA
policies/agreement;

·       
Ensure
statutory obligations are settled within the stipulated timelines;

·       
Review
and confirm the accuracy of the payroll and statutory returns;

·       
Review
general journal entries;

·       
Follow
up debtors as per IRA policies;

·       
Ensure
that all financial transaction vouchers are properly kept and secure;

·       
Staff
supervision, mentoring to ensure the technical capability

·       
Any
other duties as may be assigned from time to time.

Key Performance Indicators

·       
Accurate
and updated books of accounts

·       
Reconciled
accounts

·       
Statutory
obligations paid on time

Qualifications, Skills and Experience:

·       
The
applicant for the Insurance Regulatory Authority of Uganda (IRA) Senior Finance
Officer job placement must hold a Bachelor’s degree (Honours) in Commerce,
Business Administration (Accounting/Finance Option) any equivalent
qualification from a reputable higher institution of learning.

·       
Professional
qualification such as ACCA, CPA is an added advantage

·       
Three
years of experience working in a similar position or in a related environment
Knowledge of a number of accounting packages is an added advantage.

·       
Personal
presentation

·       
Business
awareness

·       
Financial
management & reporting skills

·       
Knowledge
of statutory and tax regulations

·       
Interpersonal
skills

·       
Communication
skills

·       
Analytical
skills

·       
Self-motivated
and result oriented

How to Apply:

All suitably
qualified and interested candidates who meet the requisite qualifications
should submit their applications together with copies of detailed up-to-date
CVs with at least three referees to:

The Chief Executive
Officer

Insurance Regulatory
Authority of Uganda

Plot 5 Kyadondo
Road, Legacy Towers, Block B, 2nd Floor

P.O. Box 22855,
Kampala

Email to: ira@ira.go.ug

NB:
Only shortlisted candidates will be contacted

Deadline: 7th September 2020 by 5:00 pm

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latest jobs, please visit 
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