Job Title: Senior Cost Accountant – Pole Plant
Organisation: Uganda Electricity Distribution Company Limited (UEDCL)
Duty Station: Kampala, Uganda
About Organisation:
Uganda Electricity Distribution Company Limited (UEDCL) is a limited liability company incorporated in Uganda under the Companies Act. UEDCL owns the 33KV and below voltage electricity distribution networks and all the operational assets associated with the business.
Job Summary: To track, analyze, and control production costs at the Pole Plant and ensure the generation of accurate financial reports. The role supports operational efficiency through detailed cost analysis and inventory valuation, contributing to the financial sustainability and profitability of the plant.
Impact: This position plays a critical role in controlling production costs and providing actionable financial insights. It directly supports the financial health and strategic decision-making at the Pole Plant by highlighting cost drivers, inefficiencies, and profit opportunities.
Key Duties and Responsibilities:
- Analyze actual production costs and prepare periodic reports comparing standard costs to actuals.
- Maintain and update cost accounting systems, including Bills of Materials (BOMs), labor, overhead, and standard costs.
- Assist in inventory valuation, conduct cycle counts, and reconcile physical inventory with the general ledger.
- Support month-end close processes by preparing journal entries and production-related financial reports.
- Monitor cost variances, identify trends, and recommend corrective actions to reduce waste and improve plant efficiency.
- Develop and maintain systems for standard costing and work-in-progress (WIP) tracking.
- Recommend pricing strategies based on cost analysis and profitability.
- Ensure compliance with internal controls and company financial policies.
- Support the budgeting and forecasting process for the production function
Expected Output
- Detailed variance analysis reports (standard vs. actual costs)
- Accurate and timely management reports
- Up-to-date inventory records (untreated poles, WIP, finished goods)
- Effective cost management and process control systems
- Compliance with internal financial controls
- Recommendations for process improvements and cost efficiency
Qualifications, Skills and Experience:
- Bachelor’s degree in accounting, Finance, Economics, or a related field.
- Professional certification or affiliation with ICPAU, ACCA, or CIMA
Experience
- Minimum of 4 years of experience in management accounting, financial analysis, or related roles.
- Experience in the manufacturing sector is highly desirable.
- Proficiency in ERP systems, and advanced MS Excel.
Competencies
- Strong knowledge of financial planning, budgeting, and analysis
- In-depth knowledge of standard costing systems and variance analysis.
- Excellent analytical and problem-solving skills
- Strong organizational and time-management abilities
- Effective communication and interpersonal skills
- Leadership and supervisory capabilities
- Attention to detail and commitment to accuracy.
How to Apply:
All suitably qualified and interested candidates should apply online through the UEDCL jobs portal.
Deadline: 27th June 2025
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