True North Uganda
JOB DESCRIPTION
GENERAL LEDGER ACCOUNTANT
Position Description
Job Title: General Ledger Accountant
Reports To:
Department:
Supervises: Direct: Indirect:
N/A N/A
Interacts/Interfaces
with:
Internal: External:
N/A N/A
Job Purpose
The General Ledger Accountant role is to support OLA Energy Uganda Limited and UGAS
Limited business to meet and exceed business objectives through adherence to sound
accounting practices, effective and efficient business and accounting systems maintenance
and finance KPI’S by ensuring accurate booking of all the transactions in the General Ledger.
Responsibilities
A-BASIC FUNCTIONS
• Support and represent the Accounting and Finance team in Kenya for both OEGU
and UGAS
• Prepare and review all booking entries before final posting in Kenya
• Support all tax matters and interface with URA.
• Support treasury management and interface with banks
• Coordinate monthly closing process and reporting for OLA Uganda and UGAS and
subsequently, ensure analysis / reconciliation of accounts, to ensure all the sub-
ledgers data agrees with data in the general ledger module.
• Ensuring that control processes and procedures are observed in line with business
needs.
• Providing accurate, timely and complete management information in order to
ensure that the company meets its requirements.
• Review all accounts payable invoices and reconcile the accounts payable module.
• control petty cash and reconcile the petty cash accounts,
• Verifying all daily receipts and bank slips,
• Carrying out reconciliation of all accounts and ensuring that there is timely closing
out of all open times.
• Working closely with the OLA Energy Uganda General Manager on all controls and
accounting matters and providing the required support to ensure sound controls in
all processes are adhered to.
• Develops and implements Planning and Budget (P&B) process.
• Manages the stewardship process and reports business health
• Works with Corporate management, affiliates management and Planning contacts
to assess and monitor P&B assumptions and targets
• Coordinates the development of strategic business plans. Works closely with the
key stakeholders to ensure alignment.
• Receives guidance from Corporate Planning and Corporate Planning Coordinator
• Leads different projects/studies as assigned
• Manage the Capital Budget process
B – PRINCIPAL ACCOUNTABILITIES
• Maintenance of the General Ledger Accounts (i.e. Balance sheet and P & L accounts)
and produce a periodic audit trail and maintain the general Ledger KPI for accounts
analysis.
• Ensure Reconciliation of Accounts receivable module to the General Ledger Module
(AR to GL), Accounts Payable to GL, and Inventory Control to GL, and Fixed Assets
to GL, and Order Entry to GL and ensure that all the sub ledgers to General Ledger
reconciliation is done on a timely basis.
• Under the stewardship of the Accounting Manager, provide support to internal,
external auditors and ensure preparation of schedules for purposes of the statutory
audit
• Review all accounts analyzed with an aim of identifying all open items to be
discussed at the monthly Balance Sheet Accounts Management (BSAM) meeting.
Organize for the BSAM review meeting, take down minutes during the meeting and
follow up with business lines to ensure open items are flagged and closed
appropriately.
• Coordination of monthly expenses accruals comprising of following up with
respective business contacts for submission of their respective accruals and
reviewing the submissions for reasonability.
• Ensure accounting data in form of journals, marketing expense provisions etc. are
accurately and timely entered in accounting system SAGE 300 ERP System. Also
review all journal entries booked into the system by others.
• Receiving and processing suppliers’ invoices and ensuring routing of invoices takes
place and the subsequent follow up with various functions.
• Receiving employee expense statements and refund claims from all employees for
checking before reimbursement.
• Ensure all invoices and payments data are processed in SAGE 300.
• Processing of petty cash disbursement into Accounts Payable and General ledger.
• Ensuring that proper Tax accounting records are maintained in the local books of
accounts to minimize Tax penalties, Tax Interest and Maximize on tax planning to
reduce the tax payable.
• Furnishing of Tax returns, file all returns as per the URA guidelines for OLA Energy
Uganda & UGAS.
• Dollar purchase negotiations with the various Banks.
• Manages monthly/annual stewardship process.
• Enable continuous improvement results by providing timely & accurate reporting
of performance with all required integrity
• Coordinates collection of stewardship and business Plan data.
• Manage Capital and Expense Budgets including proposal packaging, management
approval, Budget Release and tracking / reporting of spend versus plan budgets.
• Communicates Corporate and functional budget, investment and control
guidelines, capital vs. expenses.
Person Specification
Education, Training,
Skills & Experience
Professional Experience
• At least 5 years’post qualification experience in accounting.
• Proven knowledge of ACCPAC, SAGE 300 or other ERP system.
• Excellent Financial Control and tax skills with attention to detail.
• Knowledge of the International Accounting & Financial Reporting Standards, and
Tax regulation.
Academic Qualifications
• A University degree in Accounting and Tax
• Professional Accounting Qualification
Qualifications
• Business Acumen & good understanding of Petroleum industry
• Self-Management and supervisory skills.
• Advanced expertise in Excell and MS tools (Power Point, word, emails)
• High degree of professional ethics and integrity
• Good planning, analytical, discipline, and organization skills
• Excellent written and spoken English communication skills
• Winning attitude
• Attention to detail
NICE TO HAVE,
• Experience with Office 365 (Outlook, Microsoft teams, Planner, Yammer)
• Experience in the Oil & Gas Sector
• Experience with remote collaboration and management
