Manager Financial Accounting Job – Uganda National Oil Company (UNOC) Ltd

Job Title:    Manager Financial Accounting       

Organisation: Uganda National Oil Company (UNOC) Ltd

Duty Station:  Kampala, Uganda

Reports to: Head Treasury & Financial Accounting

 

About US:

The Uganda National Oil Company (UNOC) Ltd was established under the Petroleum (Exploration, Development and Production) Act and the Petroleum (Refining, Conversion, Transmission and Midstream storage) Act, both of 2013 and incorporated under the Companies’ Act, 2012. It is a limited liability company wholly owned by the Government of Uganda.

The overall function of UNOC is to handle the State’s commercial interests in the Oil and Gas industry and ensure that the resource is exploited in a sustainable manner.

 

Job Summary: The Manager Financial Accounting will maintain an effective business control environment and ensure the integrity of the financial accounting system & information.

 

Key Duties and Responsibilities:  

  • Prepare statutory accounts for UNOC and its Subsidiaries in accordance with IFRS.
  • Ensure the integrity of Finance Systems and chart of accounts through constant review & updates.
  • Manage inter-company transactions between the parent company (UNOC) and its subsidiaries.
  • Ensure smooth finance transactions processing, check for accuracy, and posting on a timely basis.
  • Develop, review, update and ensure consistent adherence to business internal control policies and procedures and their effectiveness across the company.
  • Ensure timely reconciliation of all balance sheet accounts.
  • Support the conduct of smooth internal and external/ statutory Audit engagements and ensure closure of Audit Findings.
  • Follow-up on Financial control issues raised in various audits and inspections and ensure agreed action items implemented on a timely basis.
  • Track Monthly Joint Interest Billings & Cash Calls of Joint Venture Partners.
  • Ensure UNOC meets its financial compliance requirements as per the Upstream JOA(s) & Midstream governance mechanisms.
  • Support the update of the Non-operated assets structure.
  • Oversee accounting for stocks and inventory.
  • Coordinate Fixed Assets Management (Fixed Assets register, Depreciation and Work in Progress)
  • Follow up on Cost Recovery Audits and related issues for Non-Operated Assets in line with the PSA provisions
  • Support cost control and budget monitoring for UNOC and its subsidiaries.
  • Propose budget and General Ledger re-allocations/adjustments.
  • Provide Leadership, mentor and oversee the development and performance of staff under supervision.

 
Qualifications, Skills and Experience:

  • The applicant must hold a Master’s degree in a Finance, Accounting, Business Administration or other related relevant master’s degree.
  • Bachelor’s Degree (Hons) in Finance, Business Administration, Accounting, or other related fields.
  • Full Professional Membership (ACCA, CPA, CMA)
  • Certificate or post graduate training in International Treasury Management and Corporate Finance will be an added advantage.
  • At least eight (8) years’ experience of which three (3) years should be at Senior/Supervisory role.
  • Proven experience with implementing treasury workstations and new processes with minimal supervision.
  • Broad knowledge and understanding of IFRS and any other relevant accounting standards.
  • Knowledge of Uganda tax laws.
  • Broad knowledge and understanding of Joint Venture Operations and Accounting.
  • Proficiency in MS Office Applications.
  • Knowledge Integrated Planning and budgeting.
  • Expert knowledge of Enterprise Resource Systems (ERPs)
  • General knowledge of Oil & Gas Operations will be an added advantage
  • Strong communication skills.
  • Strong planning and analysis skills
  • Good interpersonal skills

 

How to Apply:

All candidates should apply online at the link below.

 

Click Here

 

NOTE:

  • Applicants are required to scan and attach CERTIFIED copies of the required academic documents e.g. Degree, Transcript, Diploma, A-level and O-level certificates
  • Applications without Certified academic documents will not be considered.
  • Attach a copy of the Curriculum Vitae
  • Only shortlisted and successful candidates will be contacted, and any form of lobbying will lead to automatic disqualification
  • Please forward any inquiries regarding this advert to recruitment.unoc@unoc.co.ug call telephone number +256 312 444 600.
  • UNOC is an equal opportunity employer. Applicants from the Albertine Graben are encouraged to apply.

 

Deadline: 7th October 2022 by 5:00pm

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