Assistant Accountant at Monitor Co-operative Savings & Credit Society Limited

Job Title:  Assistant Accountant

Monitor Co-operative Savings & Credit Society Limited (“the SACCO”) has got a current membership of 450 and assets in excess of UGX. 3 Billion. The SACCO has got fully functional offices that enable it to run its day to day business.

Job Summary: The Assistant Accountant will be responsible for improving the cash flow of the SACCO through effective credit management and ensuring that all revenues are appropriately disclosed and work is guided through the application of GAAPS and IFRS.

Key Duties and Responsibilities: 

  • Responsible for the daily reconciliation of the debtors’ control account and the sales ledger to ensure that any reconciling items are resolved on a daily basis.
  • Timely posting of accountabilities, deposit slips and payment vouchers to facilitate timely generation of management accounts.
  • Regularly review sub-ledgers to check mis-postings and recommending corrective actions.
  • Prepares audit schedules and coordinate queries by internal and external auditors.
  • Filing tax returns and liaising with Uganda Revenue Authority (URA) on tax-related matters.
  • Prepare monthly collection summaries for use in the daily liquidity report.
  • Carry out the purchasing function adhering to best practices in the conduct thereof.
  • Daily updating and maintenance of inventory records in QuickBooks which includes prompt product costing, purchase order processing and posting of stores requisition vouchers.
  • Monthly reconciliation of the physical stock balance with the system balance.
  • Maintenance of an accurate staff debtors schedule at all times.
  • In charge of the timely preparation of various credit control reports including but not limited to a continuous review of existing credit customers.

Qualifications, Skills and Experience: 

  • The applicant should hold a Bachelor’s degree majoring in Accounts/Finance
  • Professional ACCA/CPA Level II
  • At least two years’ working experience
  • Solid knowledge of QuickBooks accounting software
  • Excellent multi-tasking ability and attention to detail
  • Good knowledge and understanding of confidentiality surrounding critical business information

How to Apply for the job: 

All suitably qualified and interested candidates should deliver their updated CVs and copies of academic documents to:

The Secretary, Monitor Co-operative Savings & Credit Society Limited

Monitor Publications Ltd, Plot 29-35 8th Street Industrial Area, Namuwongo, Kampala, Uganda.

Philimon Badagawa.

Philimon Badagawa is a multimedia journalist with skills in news gathering, packaging, editing and online publishing. He has knowledge in data visualization, can design and manage websites. He previously worked as a journalist with Observer media and authored several articles and stories. He does research, video & audio recording, editing and production for online publication. He Participated in The New Dawn photography campaign aimed at rebranding Northern Uganda-USAID/NUTI Project (2010). Philimon is in love with photography, writing, reading, sharing new ideas and interacting with reasonable people for skills development. He was recognized for excelling in Journalism during the Uganda Journalism Awards by ACME in 2015. (philebadagawa@gmail.com, +256 774 607 886)

Recent Posts

Uganda Launches TVET Reforms to Boost Employment

The Ugandan government has introduced reforms in the Technical and Vocational Education and Training (TVET)…

1 week ago

Mbarara University Holds 31st Graduation, Welcomes New Vice Chancellor

Mbarara University of Science and Technology (MUST) held its 31st graduation ceremony on 19th October…

2 weeks ago

Love Languages Unpacked: How to Communicate Love in Ways That Truly Resonate

Discover the five love languages and learn how to communicate love effectively in your relationships.…

2 weeks ago

Uganda, India Discuss Operationalisation of National Forensic Sciences University in Jinja

The Chief of Defence Forces (CDF), Gen. Muhoozi Kainerugaba, met with Indian High Commissioner to…

3 weeks ago

Ndejje University Graduates 1,067 at 26th Ceremony, Urged to Be Innovators

Ndejje University held its 26th graduation ceremony on October 11, 2024, at the main campus…

3 weeks ago

Makerere Launches ‘Safer Campuses Campaign’ to Combat Gender-Based Violence

Makerere University has launched the "Safer Campuses Campaign," a multi-university initiative aimed at tackling Gender-Based…

3 weeks ago

This website uses cookies.