Careers

SENIOR ACCOUNTANT – LIFE BUSINESS HEAD OFFICE

CIC Africa (Uganda) Limited, a leading financial services company in Uganda is seeking to engage dynamic, highly driven and result oriented individuals with elaborate business networks to fill the position of Senior Accountant – Life Business Head Office.

CIC Africa (Uganda) Limited was started in 2015 by a collaboration between the cooperative movement in Uganda (led by UCSCU and UCA) and CIC Insurance Group in Kenya. CIC Group is a leading cooperative insurer in Africa incorporated under the laws of Kenya and with subsidiaries in Uganda, South Sudan and Malawi. CIC Group focuses on innovation and excellence in service delivery.

The ideal candidate should be able to demonstrate the following skills and competencies and have the prescribed qualifications and experience:

PURPOSE:
Responsible for the overall financial reporting, cost control, budgeting, regulatory and statutory compliance, cash flow management, safeguarding the assets with an aim of attaining profitability for the subsidiary
PRIMARY RESPONSIBILITIES:

  • Review for adequacy operational and financial controls in the business (systems, processes and people) and recommend changes to the management;
  • Review and file returns to the regulator and other statutory bodies on monthly, quarterly and yearly;
  • Review the completeness of the asset register and confirm that it is in line with the company accounts;
  • Confirm investment in company assets are within company investment policy statement and guided by the Insurance Act and advice the fund management monthly; .
  • Review management and financial reports for completeness and preparation of board papers on a monthly and quarterly basis respectively;
  • Prepare and compile company budgets annually and analyse financial reports and report variance against budget on a monthly basis;
  • Approve payments and check that all accounting transactions are posted to the correct cost centres;
  • Coordinate external and internal audits;
  • Manage cash flows, control costs and action on audit recommendations;
  • Liaise with external stakeholders e.g. banks, IRA, KRA towards enhancement of company operations.
  • GENERIC DUTIES

  • Carry out performance appraisal, coaching and mentoring staff;
  • Resource allocation, staffing and leave approval;
  • Participate in planning and budgeting for the department;
  • Participate in various meeting and committees and acting as spokesperson on behalf of the company.
  • PERSON SPECIFICATIONS
    Academic Qualifications:-
    Bachelor’s degree in Finance, Accounting, Business or in a related field. A Master’s degree an added advantage
    Professional Qualifications:-
    CPA (U) / ACCA
    Experience:-
    Minimum of Six (6) years’ relevant experience in a similar position

    Skills and Attributes

  • Excellent communication and presentation skills
  • Problem solving skills
  • Excellent interpersonal skills
  • Leadership skills
  • Good analytical skills
  • Computer literate in MS Office and other office applications
  • Knowledge of Business Environment
  • If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.
    For example: Ref: Application for Senior Accountant LB to:

    THE HUMAN RESOURCES & ADMINISTRATION MANAGER
    CIC Africa (Uganda) LTD

    The application should reach us by close of business on 20th June, 2019. Please note only short listed candidates will be contacted. If you do not hear from us by 27th June, 2019 consider your application unsuccessful.

    Email: recruitment@ug.cicinsurancegroup.com

    NB: CIC Africa Uganda Limited is an equal opportunity employer committed to diversity and gender equity within the organization.