World Bank Grant Jobs – Project Accountant, CEDP-AF – Private Sector Foundation Uganda (PSFU)
Job Title: Project Accountant, CEDP-AF
Organisation: Private Sector Foundation Uganda (PSFU)
Project Name: Competitiveness and Enterprise Development Project (CEDP)
Funding Source: World Bank
Duty Station: Kampala, Uganda
Reports to: Financial Management Specialist
About US:
The Government of Uganda received credit from the World Bank towards implementation of the Competitiveness and Enterprise Development Project (CEDP). The Project Development Objective (PDO) is to improve the competitiveness of enterprises in Uganda through supporting reforms in priority productive and service sectors geared towards a better investment climate with particular focus on MSMEs. Government is scaling up the existing operations through provision of Additional Financing (AF).
The AF is intended to complete the implementation of the Land and Tourism components while consolidating and enhancing the achievements realized, as well as scaling up activities under these components. CEDP-AF will be implemented by eight MDAs. The overall coordination of the Project will lie with the Private Sector Foundation Uganda (PSFU) through a Project Coordination Unit (PCU).
Job Summary: The Project Accountant, CEDP-AF will support the project coordination unit finance function in the day-to-day activities of budget execution, processing accounting transactions, providing updates on project expenditure and participating in preparation of periodic financial reports.
Key Duties and Responsibilities:
- Carry out analysis of payment requests/invoices and reconcile them with expenditure approvals, local purchase orders (LPO) and contracts.
- Process and post payment transactions into financial management system in line with approved budget/work plans.
- Process payments to service providers and remit statutory deduction to relevant authorities in accordance with operating guidelines.
- Generate a summary of LPO from the financial management system / maintain list of contracts and prepare reports on outstanding payments / obligations on monthly basis and extract periodic commitment control reports.
- Update expenditure control cards for contractual payments to ensure there are no contract over-runs
- Prepare staff payroll and statutory deductions for remittance to the relevant authorities.
- Review reimbursement claims submitted from the projects components and project implementation unit and processing payment in compliance with operational and financial procedures.
- Review expenditure accountability documentation for completeness, adequacy and compliance with financial and operational guidelines.
- Reconcile payment transactions entered into the system and generate Payment Vouchers for documentation and filing.
- Prepare schedule of payments approved by the Financial Management Specialist (FMS) indicating period taken to complete payment process;
- Perform monthly bank reconciliation and prepare reconciliation statements for review by the FMS
- Participate in preparation of periodic progress management reports in accordance with GoU and World Bank guidelines.
- Support preparation of annual statutory financial reports and accounts.
- Generate expenditure reports on motor vehicle and telephone usage.
- Participate in assets verification and stock taking exercises and update the project assets register and stores records as appropriate
- Any other duties as will be assigned from time to time
Key Outputs/Deliverables:
- Monthly report on outstanding invoices and payments to service providers (ii) Well maintained filling system of payment documentation.
- Updated advance register and listing of accountability from components
- Monthly bank reconciliation statements
- Payroll and update on statutory deduction returns
- Updated assets register
- Monthly expenditure reports on motor vehicle and telephone usage
Qualifications, Skills and Experience:
- Applicants should possess an honors degree in Accounting or Finance, Commerce, Business Administration ALL with a major in accounts;
- Professional Qualification in Accountancy (e.g. CPA, ACCA)
- A minimum of five (5) years of experience in the field of Finance and Accounting in public sector out of which at least two (2) years with donor funded project.
- Computer literacy with knowledge in the use of Accounting Software Application, (e.g. Oracle Financials, Navision Microsoft Office) Knowledge of use Government of Uganda Integrated Financial Management System (IFMS) is an added advantage.
- Attention to detail and excellent follow through
- Strong ethics, hands on approach
- Excellent communication and report writing skills;
- Proven high degree of honesty, integrity and versatility.
- Ability to work under pressure to meet tight project targets
- Good Interpersonal Skills and ability to relate well with a multiplicity of stakeholders.
How to Apply:
Interested eligible applicants should submit applications including a cover letter, current Curriculum Vitae and Academic Certificates and Transcripts to demonstrate that they have the required qualifications and relevant experience to perform the services; to be received not later than 1700 hrs on January 13, 2021. Applications addressed as below should be submitted as e-mail attachments to recruitment@cedp.go.ug. The e-mail subject should indicate the Reference Number and Position applied for. Only shortlisted applicants will be contacted.
The address referred to above is:
The Project Coordinator
Competitiveness and Enterprise Development Project (CEDP)
Private Sector Foundation Uganda – Lower Building
Plot 43 Nakasero Road
P.O. Box 7683, Kampala. Uganda
Tel: +256 312 214600
Deadline: 13th January 2021 by 5:00pm
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