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Accountant PAX Insurance Ltd

Reports to: Manager – Finance & Accounts
Duty Station: Head Office, Kampala

Job Purpose
The Accountant is responsible for implementing financial planning and analysis, end-to-end finance operations, adherence to and compliance with internal financial rules, controls, and regulations as well as regulatory and statutory requirements.

Main Duties and Responsibilities
• Implement strategic financial planning to derive strategic planning goals, actively work with all levels of management, analyze, summarize, and prepare financial plans, budgets, as well as cash flow projections.
• Prepare and consolidate departmental budgets into a master budget in liaison with other Business Units.
• Prepare monthly, quarterly financial management reports and update Management on the financial position of the Company.
• Provide technical insight on spending trends and cost-saving initiatives, emerging opportunities, and provide recommendations for corrective actions.
• Perform day-to-day financial operations including preparation of payment vouchers, review and approve payment of petty cash, posting of accounting transactions, receivables, payables, ledger reconciliations, and updating financial statements on a regular basis.

Minimum Qualification
• A Bachelor’s Degree in either accounting, finance, business administration, commerce, mathematics, or related fields.
• Active professional certification in accounting is a must (CPA/ACCA).
• A certificate in Insurance is an added advantage.

Required Technical Competencies
• Proficient knowledge of accounting software.
• A solid understanding of financial statistics and accounting principles.
• Working knowledge of all statutory legislation and regulations.
• Knowledge of Uganda insurance is an added advantage.

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