Finance Officer 1 view

The Finance Officer will assist in all financial matters relating to the smooth running of the Refugee and Host Community Youth Empowerment and Transformation Initiative (RETI) Project at Bishop Stuart University. The main purpose of the job is financial management, Administration and accounting of the RETI Project funds. He/She will be responsible for preparing Monthly and quarterly financial reports, managing the Project Account Ledger book, and ensuring that the RETI Project cashflow is well managed, and other related financial reports as required by the Lead partner and the Fund Manager, and the Foundation. The Finance Officer will work with the Project Manager or other staff in both the preparation and regular reviews of the project budget.

About RETI Project:

The refugee and Host Community Youth Empowerment and Transformation Initiative (RETI) program is implemented by a consortium of Nine partners led by Muni University and in collaboration with Mastercard Foundation to address unemployment challenges faced by young people aged 15 –35 years in 15 refugee-hosting districts in Uganda. The program will directly reach 100,000 (60,000 female) and aims to transition 70,000 (42,000 female) young people into work. The lead Partner is Muni University, and other partners are Gulu University, Bishop Stuart University; Finn Church Aid, Dan Church Aid, and Community Empowerment for Rural Development, PALM Corps, Meeting Point Kitgum, and Young African Refugees for Integral Development.

Key Duties and Responsibilities:

• • Maintain clear and up-to-date books of accounts that meet internationally accepted accounting principles and financial reporting standards
  • Manage Project administration work in close consultation with the Project Manager, Fund Manager, and the University Finance Officer,
  • Manage BSU RETI funds and ensure adequate financial liquidity for the smooth running of the office
  • Prepare regularly financial reports/statements for review by the University Finance officer, Fund Manager and other stakeholders
  • Ensure that the financial information required for sound management and for appropriate advice and decision making is available to the UFO and Project Manager
  • Manage budget to ensure that budget line items are expended as per approved budget
  • Ensure that finance usage is strictly in line with University policies
  • Maintain clear record of program funds utilization under a donor approach to ensure clear accountability for donor funds
  • Manage RETI Project operation including controlling purchases and expenses and ensuring timely honoring of Bishop Stuart University obligations vis-à-vis suppliers and vendors
  • Maintain staff payroll and ensure timely payment of staff remuneration and benefits and honoring all statutory obligations (NSSF, PAYE).
  • Conduct regular inventory and maintain an up-to-date record of BSU-RETI assets
  • Ensure proper and safe filing of all records and contracts signed by University/ RETI Project
  • Avail all necessary information during external audit processes as may be required by auditors
  • Any other duty as may be requested.

Qualifications, Skills and Experience:

• The Finance officer Must have a bachelor’s degree in either, Business Administration, Commerce or Economics, and any other related field.
• Should possess at least CPA level II qualification

Competencies Required:

• Critical problem-solving skills
• Ability to analyze and interpret information quickly to facilitate decision making
• Good Communication and Interpersonal skills
• Strong project management and organizational skills
• Good computer applications skills.
• Ability to work independently with a minimum of supervision.
• Ability to work under time pressure and meet deadlines.
• Ability to work in diversified environments.

Work Experience:

• 3-5 years of continuous work Experience in Finance/accounting in a reputable organization.
• Proven experience in Project or Donor Fund Management.
• Willingness to work under strict timelines and Deadlines
• Highly analytical with strong attention to detail.
• Applicants must be of strong faith and integrity.

How to Apply:

Interested candidates should submit five (5) copies of the typed application letters together with the latest copies of their curriculum vitae and academic qualifications (clearly indicating the position applied for) to the address below.

To: The University Secretary

Bishop Stuart University

P.O. Box 09, Mbarara

Please Note that: Only the shortlisted candidates shall be contacted.

For any further information please contact the University Secretary’s Office – Tel. +256 784 043739 or email us@bsu.ac.ug

Deadline: 6th December 2024

NOTE: Bishop Stuart University is an equal opportunity employer. Women and persons with disability are encouraged to apply.