Job Title: Finance Officer – University Research Co Jobs 2022
Organization: University Research Co., LLC (URC)
Job Location: Jinja Uganda
Reports to: Senior Finance Officer
University Research Co., LLC (URC) Profile:
Job Summary:
The Finance Officer is responsible for assisting in implementing the overall accounting and financial control systems for the project. S/he is also responsible for using adequate and appropriate internal controls to meet generally recognized accounting standards. As part of your responsibility, you will supervise two Finance Assistants.
Roles and Responsibilities:
Finance duties and responsibilities
- Support in the preparation/ development of field monthly financial reports which includes QB postings, bank reconciliations, journal entries preparation, personal advances, balance reports, grand summary sheets, supporting payment vouchers, petty cash journal and summarized expenditure etc. Ensure expenses are in accordance with U.S. government regulations (expenses are reasonable, allowable and allocable), and URC policies and procedures.
- Ensure that all project-related transactions are conducted, processed and recorded as per URC system of Chart of Accounts.
- Timely preparation and processing of payments by ensuring that all payments are reasonable, allowable, allocable to the project. This includes liaising with procurement to ensure that all payments are adequately supported.
- Review Mobile Money request forms against Participant registrations / attendance forms, Approved Activity Request (AAR), Travel Activity Budget, and all related support documentation from the project implementing teams and tabulate the same using Microsoft office applications (Excel, Word, & PowerPoint)
- Initiate dully supported and allowable payments into online banking platforms this includes Vendor payments and mobile money payments.
- Ensure that internal controls pertaining online Banking & Mobile Money payments are tightened to mitigate risks.
- As part of the finance team, ensure that URC financial management policies and procedures and USAID regulations are strictly adhered to. This includes ensuring that all USG circulars, USAID Uganda Mission policy directives and various checklists circulated are implemented.
- Manage petty cash fund by reviewing (for accuracy and allowability) and processing petty cash and bank vouchers.
- Work closely with the Senior Finance Officer to address all field report review comments from home office including providing feedback for missing and queried vouchers and outstanding information following review of payment documentation.
- Assist in Preparation of monthly cash projections for submission to home office under the direction of the Finance and Administration Director. This also includes Bi weekly cash projections.
- Support review of financial reports and documentation from sub grantees as needed, under the direction of Finance and Administration Director
- Work closely with the Grants department to ensure that sub grantee accountabilities and reconciliations are properly documented and journalized in QBs.
- Work as part of the finance team to ensure that all project financial and accounting tasks are accomplished accurately and in a timely manner.
- Maintain close coordination with URC project staff on financial matters and advise them, as appropriate, on matters requiring their attention.
- Assist in periodic inventory/ asset and stores audit and advice the Finance and Administration Director accordingly.
- Perform any other task assigned by supervisor and or Chief of Party.
Minimum Qualifications:
- The applicant must hold a Bachelor’s Degree in Business, Accounting, Management, or other relevant field. With additional minimum Level 2 ACCA or CPA qualification.
- At least two years of experience with QuickBooks preferred.
- Previous experience with online banking platforms especially BEYONIC is an added advantage.
- At least three (3) years of experience in the financial management.
- Experience working with USAID-funded projects, and with Mobile Money payments modules is a strong advantage.
- Excellent writing, computer, management and organizational skills.
- Ability to independently plan and execute complex tasks while addressing daily management details and remaining organized and focused on long-term deadlines and strategy.
Please note: Only candidates who are eligible to work in Uganda for an indefinite period without a need for sponsorship will be considered for this position.
How To Apply for University Research Co Jobs 2022
All interested and suitably qualified candidates should submit their applications through the link below.
Deadline: Open until filled
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