Finance Officer Job Placement – NIC Holdings Ltd

Finance Officer Job Placement – NIC Holdings Ltd

Job Title: Finance Officer

Organization: NIC Holdings Ltd

Duty Station:   Uganda

Reports to:       Manager, Treasury & Credit Control

About NIC:

NIC Holdings is one of the largest financial institutions in East Africa with a network of branches spread across the country, offering a full range of insurance products and services in Life and Non-Life insurance businesses and Financial Management. NIC Holdings has two subsidiaries which include NIC General Insurance Company Limited and NIC Life Assurance Company Limited.

Job Summary:   Petty cash float maintenance, Undertake collection and receipting, Process payments, Issue tax invoices, carryout reconciliations and produce reports in line with treasury procedures

Key Duties and Responsibilities: 

  • Process petty cash vouchers and make payment in line with company procedures and guidelines.
  • Safe custody of petty cash float.
  • Prepare weekly petty cash transactions summary.
  • Collection of money and issuing of receipts for all company income in line with cash handling procedures.
  •  Keep, in safe custody, company money before banking in line with the treasury management procedures.
  • Daily preparation and custody of summary receipts and register in line with records management policies and procedures.
  • Reconcile and call-over day’s collections (cash & cheques) to the receipts register at the close/during course of day’s business in line with treasury management policies and procedures.
  • Process payment and maintain cheque register in line with payment procedures and guidelines.
  • Performed approved Bank withdrawals and deposits in line with guiding policies and procedures.
  • Preparation of daily funds position.
  • Collect periodic bank statements and advices.
  • Perform periodic bank, receivables and payables reconciliation.
  • Prepare and issue tax invoices in line with Uganda Revenue Authority guidelines.
  • Any other duty that may be assigned to you.

Qualifications, Skills and Experience:

  • The ideal candidate must be a Graduate of Commerce, Economics, Accounts, Finance or Business Administration with accounting or Finance as a major.
  • Must be highly knowledgeable in accounting concepts, conventions and standards.
  • Computer literacy with knowledge of Information Management packages.
  • Self-driven, innovative and able to work long hours under minimum supervision.
  • High degree of integrity
  • Excellent communication& Interpersonal skills

How to Apply:

All Interested and qualified candidates should submit their applications accompanied with a detailed Curriculum Vitae (CV), photocopies of academic documents and certificates addressed to

Head Human Resource

NIC Holdings Ltd.

P O Box 7134 KAMPALA

E-mail; vacancy@nic.co.ug, cc: mlule@nic.co.ug, snampiima@nic.co.ug

Deadline: 15th November 2019 at 5:00 pm

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