Earn over 19000 Euros as Project Accounts Assistant at Lake Victoria Fisheries Organization (LVFO)
Job Title: Project Accounts Assistant
Organization: Lake Victoria Fisheries Organization (LVFO)
Duty Station: Jinja, Uganda
Benefits: EUR 19,836.48 (Annual Salary), EUR 4,173.96 (Housing Allowance) and EUR 2,165.16 (Transport Allowance)
Project Name: Contribution of Sustainable Fisheries to the Blue Economy of the Eastern Africa, Southern Africa and the Indian Ocean Region – E€OFISH programme
Reports to: Head of Finance LVFO
Job Ref: LVFO/ E€OFISH /HR/2020/02
About US:
The Lake Victoria Fisheries Organization (LVFO) is a specialized institution of the East African Community (EAC) whose mandate is to coordinate the management and development of fisheries and aquaculture resources in the EAC region.
About EU Project:
Lake Victoria Fisheries Organization (LVFO) has received a grant from the European Union (EU) to implement the -Contribution of Sustainable Fisheries to the Blue Economy of the Eastern Africa, Southern Africa and the Indian Ocean Region – E€OFISH programme. The overall objective is to enhance equitable economic growth by promoting sustainable fisheries in the East African-South African-Indian Ocean (EA- SA-IO) region. The specific objective is to support sustainable management and development of fisheries, while addressing climate change resilience and enhancing marine biodiversity. The programme purpose is to support the implementation of fisheries management interventions on Lake Victoria. It is against this background that LVFO Secretariat is recruiting a Project Administrative Officer to support implementation of the programme.
Job Summary: The Project Accounts Assistant will support implementation of the programme.
Key Duties and Responsibilities:
Budgeting
- Provide support in coordinating budgeting, payment and accounting services:
- Ensure compliance with financial regulations and rules. Serve as principal advocate for prudent, consistent and accountable management of the Project financial resources and assets.
- Ensure that the financial procedures and practices implemented, conform to EU and/or EAC Financial Regulations and directives.
- Prepare all Project financial statements in a timely manner.
- Provide support in developing the draft program budget:
- Participate in the budget development process in liaison with the relevant desk officers in organization of program work plans for financial review.
- Ensure that budgetary estimates are prepared in accordance with Project requirements, and planned activities implemented in time and within the approved allocated budget lines.
- Provide information, analyses, explanations, and documentation in response to requests on budgetary matters from the relevant stakeholders
- Ensure timely budget preparation, implementation and reporting.
- Serve as an advisor on budgetary and financial matters:
- Advise the Supervisor on the implementation of the approved budget and execute decisions taken regarding allocation and allotment of appropriations.
- Report on the state of the Project finances to the Head of Finance for deliberations and decision-making on programme budgeting, finance and accounts.
- Develop proposals for budgetary transfers, supplementary appropriations and management of surpluses.
- Ensure appropriate financial reports, statements and other accountability reports are prepared in a timely manner, for submission to the Auditors.
Payment and Accounting services
- Ensure accurate maintenance and updating of income and expenditure accounts for the Project:
- Ensure the proper receipt, custody and disbursement of funds and oversee the banking and currency arrangements.
- Manage the payments system and Records Register
- Monitors and follows up on outstanding receivables and liabilities of the project both in the project journal and for transactions done through the office journal and ensures timely costly booking.
- Documents and maintains complete and accurate supporting information for all financial transactions.
- Manage the cash flow and prepares cash flow forecasts in accordance with EU rules and regulations.
- Reconciliation of sub ledgers in the system in a timely manner to identify any irregularities, mis-postings and raise correction journals for the Head of Finance’s certification
- Prepare funds requisitions in a timely manner.
- Ensure that the Trial Balance is balancing at any given time
- Ensure access to timely, accurate and useful information with regard to the financial status of the project.
- Report to the supervisor on budget/programme performance or substantive issues, as appropriate, particularly those presented in annual or triennial reports.
- Ensure that the reports are prepared in timely manner.
- Manage foreign currency exchange gain/loss.
- Actively participates in project selection and valuation, audit and compliance reviews together with the Supervisor.
- Formulate responses to internal and external auditors.
Reporting
- Prepare periodical reports of the project
- Preparation of a funds requisition to the donor
- Perform other related duties, as assigned
Qualifications, Skills and Experience:
- The ideal candidate for the Lake Victoria Fisheries Organization (LVFO) Project Accounts Assistant job placement must hold a University degree (or academic equivalent) with specialization in accounting, financial management, business administration or a related field. Professional accounting qualification (CPA, ACCA or equivalent).
- A minimum of five (5) years of progressively responsible experience in accounting, financial management, business administration, or a related field.
- Experience with international accounting systems and financial operations management.
- Experience with corporate performance management in the public or private sector.
- Professionalism
- Accountability
- Managing Performance
- Ability to work under minimum supervision
- Organization skills
- Communication skills
- Judgement/Decision-making
- Languages: Fluent reading, writing and speaking abilities in English.
Desirable:
- Experience in managing programmes/projects within an international or regional organization, national government, or other public or private organization.
- Experience with International Public Sector Accounting Standards (IPSAS).
NB: All candidates applying must have qualifications that are recognised by the relevant national accreditation body in their respective countries. This condition is applicable for locally and internationally attained qualifications.
Benefits:
- An Indicative basic salary of EUR 19,836.48 (G5 salary scale equivalent) per annum, plus other related entitlements e.g. a Housing allowance of EUR 4,173.96 (per annum), and a Transport allowance of EUR 2,165.16 (per annum).
- In addition, this post offers attractive fringe benefits including an installation allowance of EUR 521.74 paid once, plus gratuity paid monthly, a personal medical Insurance, and personal accident insurance cover.
How to Apply:
All qualified candidates from EAC/LVFO Partner States (The Republics of Burundi, Kenya, Uganda and the United Republic of Tanzania) should send their applications, detailed curriculum vitae, photocopies of academic certificates, names and contact details of three referees, and a copy of National Identity Card, or Passport.
- Please quote the respective reference number on both the application letter and envelope.
- For electronic submission, please quote the respective reference number on the subject of the email and send to the address given below.
Please note:
- You may submit your application either electronically or in hard copy but not both.
- Applications which do not: indicate nationality and age; the reference number; or have an application letter attached; have certified copies of their academic degrees and other professional Certificates; or fail to provide three referees will be disqualified.
- Only qualified candidates will be contacted. All invitations for interviews will be done in writing.
- LVFO Staff Rules and Regulations precludes consideration of applicants above fifty-five (55) years of age
- Please note that LVFO does not require candidates to pay money for the recruitment process.
The Executive Secretary
Lake Victoria Fisheries Organization (LVFO)
Busoga Square Plot No. 7B/E Bell Avenue
- O. Box 1625, Jinja – Uganda
Email to: lvfo-sec@lvfo.org
Deadline: Friday, 31st January 2020 at 17:00hrs local time.