Treasury & Project Finance Manager Employment Opportunity – Uganda National Oil Company (UNOC) Ltd

Job Title:    Treasury & Project Finance Manager      

Organisation: Uganda National Oil Company (UNOC) Ltd

Duty Station:  Kampala, Uganda

Reports to: Head Treasury & 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 Treasury & Project Finance Manager will conduct the day-to-day management of UNOC’s treasury operations and controls including cash and liquidity management, corporate financial management and financial risk management.


Key Duties and Responsibilities:  

  • Elicit and analyse project finance proposals for various projects.
  • Support the review of financial models for various projects.
  • Propose an optimal financing mix for various projects & operations.
  • Manage international credit lines, letters of credit and corporate guarantees and ensure compliance to customer credit limits.
  • Support the development of an effective cash management plan & strategy.
  • Forecast and manage the company’s cash flows and ensure adequate liquidity to meet company obligations as they fall due.
  • Provide support to cash, investment and foreign exchange trading, settlements, and reporting.
  • Significantly contribute to financial discipline through development, implementation, and evaluation of cash management systems to optimize efficiencies.
  • Maintenance of up-to-date Bank mandates.
  • Coordinate periodical Petty cash, Banks, Creditors & Debtors Reconciliations.
  • Support the annual and long-term investment planning processes.
  • Support the Interest Rate and Forex Exposure Management for UNOC & its subsidiaries.
  • Manage corporate credit cards.
  • Work with banking partners to evaluate existing bank relationships and available bank products and pricing.
  • Support the coordination of revenue recognition for UNOC & its subsidiaries.
  • Support accounting and reporting for petroleum revenues as per the governance structures in Upstream, Midstream and Downstream.
  • Support the conduct of revenue reconciliations between UNOC and its Joint Venture Partners.
  • Support the development & implementation of dividend policy & procedures.
  • Draft policies and procedures related to project finance operations.
  • Ensure compliance to internal controls for treasury and revenue management.
  • Manage the performance and development of the treasury section staff.
  • Any other duties as may be assigned.

Qualifications, Skills and Experience:

  • The applicant must hold a Master’s degree in a Finance, Accounting, Business Administration or other related relevant master’s degree.
  • Bachelor’s Degree (Hons) in Finance, Business Administration, Accounting, or other related fields.
  • Full Professional Membership (ACCA, CPA, CMA).
  • Certificate or post graduate training in International Treasury Management and Corporate Finance will be an added advantage
  • At least eight (8) years’ experience of which three (3) years should be as Senior/Supervisory role.
  • Proven experience with implementing treasury workstations and new processes with minimal supervision.
  • Broad knowledge and understanding of IFRS and any other relevant accounting standards.
  • Knowledge of Uganda tax laws and exposure to international tax.
  • Broad knowledge and understanding of Joint Venture Operations and Accounting.
  • Knowledge Integrated Planning and budgeting.
  • Expert knowledge of Enterprise Resource Systems (ERPs).
  • General knowledge of Oil & Gas Operations will be an added advantage.
  • Strong communication skills.
  • Strong planning and analysis skills.
  • Good interpersonal skills.


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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