Educate Finance Coordinator Jobs in Uganda

Educate Finance Coordinator Jobs in Uganda


Position overview

  • Educate! is looking for an enthusiastic, systems-oriented, ethical and analytical individual with great interpersonal and communication skills to fill the Finance Coordinator position.

  • S/he will support the Finance Department to ensure payments are processed accurately, lead in finance systems’ compliance, timely tracking of accounts receivables and ensuring budget analysis & management.

  • You’ll be joining a motivated, passionate, overachieving team that is positioning Educate! to be the leader in skills-based secondary education in Africa and intensively impact millions of youth each year.

    Performance Objectives

    Payment Processing - 40%:

  • Maintaining receipts and detailed records to support transactions.

  • Notifying the FM of any change in account (average, deficit, theft).

  • Online transactions. Imitate payments online and share emails with the approvers.

  • Getting the best rate for every $ sold to Absa which is equivalent or above the current prevailing rate of the day

  • To make sure Educate bills, staff advances and reimbursements are paid in a timely manner after appropriate approval.

  • Review and compile CHIMS/Bank requests to the field team in compliance with Educate! Financial policies and procedures.

  • Ensure all requisitions have all fields completed with correct rounds, weeks and clear dates to avoid repetition or duplication.

  • Prepare a monthly Finance report to reflect Accounts receivable and accounts payable

  • Finance Coordinator is the key contact person with the CHIMS and ABSA team in coordination with the Finance Manager regarding mobile money payments

  • Report any issues on mobile money to the Finance Manager, liaise with the bank/Chims team to resolve any issues in regards to payments.

  • Keep weekly updates from the bank for any changes or communications.

  • Follow up with any errors or issues on the bank statements or incomplete transactions with the bank manager

    How will success look like in this function

  • Manage staff payment requests and processing and ensure compliant records.

  • Manage CHIMS and Absa (mobile money platform) requests and Reconciliation.

  • Manage vendor payment requests and processing and ensure compliant records.

    Finance Systems Compliance (15%)

  • Prepare and Share Internal Auditors schedule for the year and send reminders to respective managers monthly.

  • Ensure all audit issues for the previous month are closed before the next month report by following up with the managers.

  • Support external audit to ensure timely and successful completion.

  • Prepare and share a Finance report by the 10th of every month with managers.

    How will success look like in this function

  • Administer the Finance quiz to all Program Officers, Program Coordinators and managers. Ensure all staff that approve documents have passed the quiz.

  • Manager internal audit process to conclusion. Provide a finance report and follow
    up any issues to completion/close

    Accounts Receivables (20%)

  • Manage school invoicing at the beginning of Term 1 and Term 2

  • Manage distribution of school invoices to respective Community Units.

  • Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted into Salesforce.

  • Reconcile payment documents from the field (i.e. receipts and bank slips) with bank Weekly/ monthly bank statements.

  • Produce a monthly Schools Payment Report showing which school has paid how much.

  • Facilitate swift payment of invoices due to E! by tracking balances carried forwards from schools and informing Program Officers accordingly.

    How will success look like in this function

  • Keep track and process accounts and incoming payments in compliance with financial policies and procedures.

  • School payments. Timely invoicing and Receipt book reconciliations

    Budget Analysis & Management - 25%

  • Work closely with the Finance Manager to support all budget managers in the budget preparation and review process.

  • Identify variances between actual and budgeted financial results at the end of each Month.

  • Consolidate and share reasons for the variance in a report and share with the managers by the 27th of each month.

  • Ensure department managers meet budget submission deadlines.

    How will success look like in this function.

  • Shares Budget vs. Actual with all budget holders anticipates challenges with the budgets and proposes innovative solutions.

  • rack variances and reasons for the variances. Compile and share with Directors the quarterly report.

  • Upholds proper financial procedures even during busy/difficult times.

  • Keep track and process accounts and incoming payments in compliance with financial policies and procedures.

  • Coordinate with the Finance Manager and analyze the budget variances against actual and suggest improvement areas.

    Qualifications

  • BSc. in Finance, Accounting or Business Administration or Commerce with CPA Level II or ACCA Level II with proficiency in Ms. Excel and Quickbooks.

  • At least 3 years of professional experience in a similar role with accounting knowledge, vendor and procurement experience.

  • Systems oriented, solid work ethic and strong analytical skills.

  • People, system, Change and communication management skills with ability to adapt to a fast changing environment.

    How to Apply

  • For more information and job application details, see; Educate Finance Coordinator Jobs in Uganda


    Find jobs in Uganda. Jobs - Uganda jobs. Search our career portal & find the latest Ugandan job positions, career opportunities & jobs in Uganda.

    Jobs in Uganda - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Uganda.

    Find your dream job from 1000s of vacancies in Uganda posted and updated daily - click here!

  • Click here to post comments

    Join in and write your own page! It's easy to do. How? Simply click here to return to NGO Jobs in Africa.

    Scholarship 2020/21

    Undergraduate Scholarships 2020/2021
    Masters Scholarships,
    PhD Scholarships,
    International Scholarships.