SwiftAxis Limited is seeking a highly competent, ethical and results-driven Accountant to join its Finance & Accounts team in Kampala.
The Accountant will be responsible for maintaining accurate financial records, preparing financial reports, managing accounting transactions, supporting budgeting and financial planning, ensuring statutory compliance, and strengthening internal financial controls.
The successful candidate will play a critical role in providing accurate, timely and actionable financial information to management to support sound decision-making, profitability and sustainable business growth.
Responsibilities
A. Financial Accounting & Reporting
Maintain accurate and up-to-date accounting records in accordance with applicable accounting standards and company policies.
Prepare monthly, quarterly and annual financial statements and management accounts.
Maintain the general ledger and ensure accurate posting and classification of transactions.
Prepare and review trial balances, income statements, balance sheets and cash-flow statements.
Conduct regular account reconciliations and investigate and resolve discrepancies.
Ensure financial information is complete, accurate and submitted within agreed deadlines.
B. Accounts Payable & Receivable
Manage the complete accounts payable and receivable cycles.
Verify supplier invoices, supporting documentation and payment requests before processing.
Maintain accurate supplier and customer accounts.
Monitor outstanding receivables and support timely collection of debts.
Prepare supplier payment schedules and ensure payments are properly authorised.
Reconcile customer and supplier statements and resolve discrepancies promptly.
C. Cash & Bank Management
Monitor daily cash positions and banking transactions.
Perform regular bank reconciliations and investigate unexplained variances.
Support effective cash-flow forecasting and working-capital management.
Maintain accurate records of petty cash and ensure appropriate supporting documentation.
Monitor company expenditure against approved budgets.
D. Budgeting & Financial Planning
Support the preparation of annual budgets and periodic financial forecasts.
Monitor departmental expenditure against approved budgets.
Analyse budget variances and provide explanations and recommendations to management.
Provide financial information to support business planning, investment decisions and cost-control initiatives.
E. Tax & Statutory Compliance
Ensure timely preparation and submission of applicable statutory financial and tax returns.
Maintain appropriate records to support tax compliance and audits.
Keep abreast of changes in applicable Ugandan tax and financial regulations.
Liaise with relevant authorities and professional advisers when required.
Ensure the company remains compliant with applicable financial, tax and statutory requirements.
F. Internal Controls & Risk Management
Implement and maintain effective financial controls to safeguard company assets.
Identify financial risks, control weaknesses and potential areas of fraud or financial loss.
Ensure proper segregation of duties and adherence to approved financial procedures.
Support periodic reviews of financial policies, procedures and controls.
Report significant financial irregularities or control weaknesses to management.
G. Audit & Assurance
Coordinate and support internal and external audit activities.
Prepare audit schedules, reconciliations and supporting documentation.
Respond promptly to audit queries and assist management in implementing corrective actions.
Maintain well-organised financial records for audit and regulatory purposes.
H. Financial Analysis & Business Support
Analyse financial performance and identify trends, risks and opportunities.
Prepare financial dashboards and management reports where required.
Provide management with insights on revenue, costs, profitability, cash flow and financial performance.
Support business units with financial information for operational and strategic decision-making.
Contribute to initiatives aimed at improving profitability, efficiency and financial sustainability.
I. Systems, Records & Data Management
Maintain secure and accurate electronic and physical financial records.
Ensure accounting data is entered accurately and consistently into the company's accounting/ERP systems.
Support improvements in financial reporting processes and automation.
Ensure confidentiality and security of sensitive financial information.
3. Key performance areas
The successful candidate will be assessed against the following key performance indicators:
Accuracy and timeliness of financial reports.
Accuracy and completeness of accounting records.
Timely bank, supplier and customer reconciliations.
Effective management of receivables and payables.
Compliance with tax and statutory obligations.
Effectiveness of internal financial controls.
Timely completion of audit requirements.
Budgetary control and variance management.
Improved cash-flow management.
Reduction of accounting errors and financial discrepancies.
Quality and usefulness of financial information provided to management.