Accountant Jobs – Lubaga Teachers’ SACCO

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Job Title:  Accountant    

Organisation: Lubaga Teachers’ SACCO

Duty Station:  Kampala, Uganda

 

About US:

Lubaga Teachers’ SACCO is a registered organization for teachers.

 

Position Description: We are seeking a highly skilled and detail-oriented accountant to join our team. In this role, you will be responsible for maintaining and updating financial records, preparing financial reports, and assisting with budgeting and forecasting. You will work closely with other members of the finance team to ensure the institution’s financial transactions are accurately recorded and reported.

 

Key Duties and Responsibilities:

  • Developing, maintaining and enforcing sound financial processes, procedures and controls and ensuring compliance to both internal, regulatory and international reporting requirements across the SACCO including overseeing compliance with applicable laws, regulations, policy and procedures.
  • Be the financial advisor to the Manager and the Board of Directors on all financial matters, funds and liquidity management in the SACCO.
  • Undertake continuous risk assessment and apply effective internal controls.
  • Overseeing the flow of cash and financial instruments and management of financial partners for optimal returns including Treasury and cash management.
  • Planning, coordinating and directing the activities of branches and branch Managers.
  • Collecting, interpreting and reviewing financial information including overseeing all mandatory financial reconciliations in the business to ensure they are done within the set deadlines.
  • Prepare and implement finance department annual work plan including predicting future financial trends, opportunities and financial risks and advising on action plans.
  • Reporting to management, the Board and stakeholders, and providing advice on how the SACCO’s future business decisions might be impacted by current activities and trends.
  • Producing financial reports related to budgets, income/revenue, loans and loans provisioning, portfolio at risk, account payables, account receivables, expenses among others and developing long-term business plans based on these reports.
  • Preserve and grow SACCO financial assets.
  • Reviewing, monitoring and managing the SACCO annual budgets.
  • Developing strategies that work to minimize financial risk.
  • Collaborate with external Auditors and regulators.
  • Analyzing market trends and competitors

 


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Qualifications:

  • Bachelor degree of Business Administration/Accounting and finance or related field.
  • CPA or professional training in ACCA is a MUST.
  • At least five years of experience in Finance and accounting section in a financial organization.
  • Experience working with electronic systems required.
  • Demonstrated experience in supervision of support staff
  • Strong organizational skills
  • High integrity and ability to work under pressure
  • Experience in working with loan management system and accounting software.
  • Fluency in English, written and oral communication skills
  •  Extensive knowledge of Microsoft excel, word, power point and access.
  • Good report writing skills

 

NB: Please note only shortlisted candidates will be contacted.

 

How to Apply:

All candidates should send their applications and updated CVs via Email to: lubagaprivateschteacherssacco@gmail.com

 

Deadline: 28th June 2023

 

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