MANAGEMENT ACCOUNTANT Electricity Regulatory Authority (ERA)

JOB TITLE: MANAGEMENT ACCOUNTANT

REPORTS TO: MANAGER FINANCIAL SERVICES

JOB PURPOSE: To deliver appropriate financial information to support ERA’S management decisions and compliance requirements. Contribute to the continuous development of systems and procedures that ensure prudent financial management.

KEY DUTIES AND RESPONSIBILITIES: Tax compliance and planning

Develop a coordinated all-inclusive tax compliance and planning framework for ERA and tools to monitor Its implementation
Ensure that ERA complies with all relevant tax law and other statutes with a financial focus eg. the NSSF Act.
Management of withholding tax interface with suppliers, including following up prompt provision of withholding tax certificates.



Budget and Cash flow Management Responsibilities

Ensures that ERA budget fits within the overall medium term Plan and expenditure frame work
Assist the Manager Financial Services to prepare weekly cash flow projections to support expenditure decisions

Assist the Manager Financial Services to manage grants for ERA and its partners

Implement effective treasury management controls in line with the ERA investment policy.

Non current Assets Management

Assist the Manager Financial Services to maintain an up to date non-current assets register
Liaise with the PDU to ensure all ERA Assets are prudently insured.
Spearhead periodic Non-current assets physical verification exercises at ERA House
Provide financial input on the Board of Survey eg. in establishing asset values.
Reviewing the need for asset revaluation and write-offs whenever necessary

ERA Financial systems

Work with the Manager Financial Services to establish accountability standards and systems that ensures value for money in ERA operations
Continuously review financial management policies and procedures and recommend improvements.
Liaise with Internal Auditor to examine financial controls and systems
Provide a linkage between the Procurement Plan and the ERA budget in order to inform procurement requisitions throughout the financial year.

ERA External and Internal Financial Reporting

Assist the Manager Financial Services to prepare ERA financial statements and any supporting narrative within statutory or other relevant time frames
Prepare quarterly budgetary performance and other reports to support management decisions.
Design and provide other relevant financial analytics that are relevant for the prudent management of the ERA.
Assist Expenditure Accountant in interfacing with External Auditors.

ERA Revenue cycle

Understand the ERA Revenue cycle and model the ERA revenue profile
Liaise with the licensing section to ensure promptness and completeness in invoicing and corresponding revenue recognition in the ERA management information system.
Provide a revenue forward linkage to the Expenditure Accountant to inform collection efforts.

KEY OUTPUTS:

ERA Budgets and budget performance reports.
ERA External and Internal financial reporting including financial statements, management accounts and relevant forecasts
ERA payroll and related reporting.
Implementation of and improvements to existing ERA Financial management systems.
Up to date and adequate Non-current assets register.
ERA Revenue profiles and revenue recognition monitoring analyses.

Requirement:

KEY COMPETENCIES:

Excellent Accounting and Financial Management skills.
Versatility across ERA’S relevant financial contexts (sector and internal)
Very good analytical and computer skills.
Demonstrable proficiency with spreadsheets.
Competence in internet use.
Execution Focus and initiative oriented.
Team working and Good Communication skills

TRAINING AND EXPERIENCE Education & Training:

At least an IFAC recognised professional qualification as ACCA, ICAEW, ICPAU etc.
An Honours Degree in Commerce or Business Administration and related disciplines OR Masters in Business Administration
Any other relevant post-graduate qualification will be an added advantage

Experience:

At least 3 years of HIGHLY RELEVANT work experience (quality of work experience will be given priority over the duration)
Applicants must be 27-35 years of age.

Salary: - USD/month
Experience: 3
How to apply:

How to Apply:Applicants should submit by recorded delivery their applications and enclose copies of:

Certificates of academic/professional qualifications and Curriculum Vitae
Address (including daytime telephone, fax or e-mail) of the applicant
Address (including daytime telephone, fax or e-mail) of three referees

Addressed to: The Director Financial S Administrative Services Electricity Regulatory Authority Plot 15 Shimoni Road P.O Box 10332 Kampala, Uganda Applicants who do not meet the above minimum requirements need not apply. N.B Members of the Electricity Regulatory Authority or staff of ERA Secretariat shall not be accepted as referees. Canvassing or any attempt at it will lead to immediate disqualification. ERA is an equal opportunities employer. If you do not hear from ERA within 2 months after the closing date, regard yourself as unsuccessful.