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Job Title:   Assistant Financial Accountant (Fresher Jobs)

Organisation: Abacus Pharma Limited

Duty Station: Mukono, Uganda

Reports to: Financial Accountant

About US:

Abacus Pharma Limited is the leading distributor and manufacturer of pharmaceutical products in the East Africa region, with its head quarter in Uganda. Abacus distributes a variety of pharmaceutical products that cover the therapeutic areas; Cardio-vascular drugs, Respiratory, Anti-infective, Dermatology, Metabolic disorder, Pain management, Gastro Instestinal, Vaccines, Fertility Drugs – IVF, Anti-malarial, Medical Consumables / Sundries, Surgical / Medical Equipment, Neuro-CNS and OTCs (over the counter drugs).

Job Summary: The Assistant Financial Accountant will support the Financial Accountant in accurate recording, analysis, and reporting of financial transactions in accordance with GAAPS and regulatory requirements.

Key Duties and Responsibilities:

Accounts receivables

• Allocate receipts to customers’ accounts.
• Carry out reconciliation of debtor’s accounts.
• Prepare debtors aging analysis on a monthly basis.

Accounts Payables

• Timely and accurate booking of supplier invoices in the ERP system.
• Prepare the supplier ageing analysis on a monthly basis.

Inventory

• Analyze the costs the costs in Goods in Transit Account (GIT), Net Landed Costing and pass respective inventory journals.
• Prepare inventory ageing analysis on a monthly basis
• Participate in physical stock takes, document variances and outcomes of the stock take process

Fixed Assets register

• Maintain an up-to-date fixed assets register by accurately recording new acquisitions, disposals, transfers and conducting regular reconciliations with physical inventory counts.
• Prepare and submit quarterly reports on assets in the organization.

Bank Reconciliation

• Capture, post and track transactions on to the company’s operational accounts for proper accountability.
• Engage user departments and banks in order to seek clarity on sighted anomalies in the documents.
• Maintain all records of transactions posted on the company account
• Prepare periodic bank reconciliation statements to ensure transactions in ERP tally with those in the bank

Monthly /Quarterly Management Reporting

• Prepare end of month/quarter management accounts with accompanying analytics.
• Prepare ad-hoc management reports as shall be required from time to time.

Qualifications, Skills and Experience:

• An Honors Bachelors’ Degree in Commerce or Accounting or Business.
• Minimum of ACCA or CPA level 2.
• At least two years of experience in a well-structured and busy finance department.
• Advanced knowledge in use of Excel and ERP Systems (preferably Oracle, SAP or Ebizframe).
• Knowledge of Generally Accepted Accounting Principles and Internal Control Procedures.

Competencies:

Technical Knowledge/ Skills:

• Technical Accounting Skills
• Excellent Communication Skills
• Proficiency in use of computer

Behavioral / Attitude Competencies:

• Attention to details
• Team player
• Unquestionable integrity
• self-motivated
• Target oriented
• Willing to learn and grow within the department

How to Apply:

All candidates should send their updated CVs and academic credentials to : apdlug.careers@abacuspharma.com

Deadline: 23rd May 2024

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