Stocks Accountant Jobs – Uganda National Oil Company (UNOC) Ltd

Job Title:    Stocks Accountant        

Organisation: Uganda National Oil Company (UNOC) Ltd

Duty Station:  Kampala, Uganda

Reports to: Manager Financial Accounting


About US:

The Uganda National Oil Company (UNOC) Ltd was established under the Petroleum (Exploration, Development and Production) Act and the Petroleum (Refining, Conversion, Transmission and Midstream storage) Act, both of 2013 and incorporated under the Companies’ Act, 2012. It is a limited liability company wholly owned by the Government of Uganda.

The overall function of UNOC is to handle the State’s commercial interests in the Oil and Gas industry and ensure that the resource is exploited in a sustainable manner.


Job Summary: The Stocks Accountant will be responsible for ensuring proper management of company’s inventory/ stock items. Maintains and updates the stock records, responsible for conducting physical stock counts, perform regular stock reconciliations and overall monitoring of stock transactions.


Key Duties and Responsibilities:  

  • Review the stock management processes and procedures for improvement.
  • Ensure accurate and efficient management of stocks with correct stock entries which are updated in a timely manner.
  • Conduct physical stock counts are carried at the end of every quarter in accordance with laid down stock taking procedures.
  • Reconcile inventory accounts to the general ledger.
  • Identify and follow up on damaged, obsolete & slowing moving stock items for appropriate action.
  • Monitor unit costs for all the products in the system and correct any unusual movements.
  • Conduct daily Integrity Checks and run daily stocks integrity reports.
  • Investigate, explain the causes and correct any stock differences on a daily basis.
  • Carry out manual stock reconciliation at the end of the month.
  • Reconcile stock transfers with the account for clearing transfer and ensure that all stock transactions for the month have been processed.
  • Analyse and report on all stock adjustments and over/under deliveries.
  • Identify variances and their causes and task physical custodians to account for the variances.
  • Ascertain accurate records and documentation of the purchases and issues of materials.
  • Any other duties as many be assigned.

Qualifications, Skills and Experience:

  • The applicant must hold a Bachelor’s Degree (Hons) in Finance, Business Administration, Accounting, or other related fields.
  • Full Professional Membership (ACCA, CPA, CMA)
  • A minimum of five (5) years of relevant working experience.
  • Experience in using accounting software ERP’s
  • Must possess skills in General Ledger Accounting with bias in stock accounting and purchase order processing.
  • Knowledge of Stock Accounting/Inventory Management support especially for petroleum products
  • Proficiency in Microsoft Excel
  • Knowledge of financing, accounting and banking processes
  • Must demonstrate exceptionally strong analytical skills, having an ability to analyse, refine, summarize, and clearly present data and information.
  • Ability to work under pressure and tight deadlines.
  • High degree of professionalism and maintenance of confidentiality.


How to Apply:

All candidates should apply online at the link below.


Click Here



  • Applicants are required to scan and attach CERTIFIED copies of the required academic documents e.g. Degree, Transcript, Diploma, A-level and O-level certificates
  • Applications without Certified academic documents will not be considered.
  • Attach a copy of the Curriculum Vitae
  • Only shortlisted and successful candidates will be contacted, and any form of lobbying will lead to automatic disqualification
  • Please forward any inquiries regarding this advert to call telephone number +256 312 444 600.
  • UNOC is an equal opportunity employer. Applicants from the Albertine Graben are encouraged to apply.


Deadline: 7th October 2022 by 5:00pm


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