NSSF Cost accountant, Budget control Jobs in Uganda

NSSF Cost accountant, Budget control Jobs in Uganda

Main Purpose:

  • The Cost Accountant, Budget Control is responsible for the Cost Management function of the Fund that involves cost monitoring and analysis to identify initiatives to drive cost efficiencies and maintain a competitive expense ratio.

  • Responsible for the coordination of the fund’s budget preparation, consolidation and monitoring process.

    Duties and Responsibilities include:

  • Ensure that the accounting procedures are followed and provide recommendation to improve the finance processes.

  • Designing and maintaining an effective Cost Accounting System.

  • Identifying and analyzing cost information to detect trends and propose control action

  • Undertake an annual market survey to determine the market prices for the Fund’s major consumables.

  • Analyzing audits of costs, cost drivers and preparing reports.

  • Develop and maintain an Analytical Database for monitoring Expenses within the Fund

  • Ensure accurate and efficient classification of all costs as per the system.

  • Analyzing profitability performance of various initiatives and products by the Fund.

  • Coordinate the preparation and consolidation of the Fund’s annual budget up to approval by Exco and the board.

  • This involves preparation of budget schedule templates for departments, review of department budget submissions, preparation of the budget papers for Exco and board review and preparation of the budget letter for review and approval by the minister.

  • Prepare analyses to provide guidance to the budget holders regarding trends and pricing for various activities within the budget.

  • Provide technical guidance with regards to the budgeting system to all staff involved in the budgeting process
    at the Fund.

  • Hold internal road shows and trainings in regards to budgeting and cost control.

    Education Requirements (must have):

  • A Bachelor’s Degree in Accounting, Business Administration, Statistics. Or, in any other analytical or statistical field.

  • Professional qualifications in CIMA, ACCA or CPA

  • Further training in costing or analytics will be an added advantage.

    Related Job Experience

  • Minimum of 2 solid years of Cost Accounting and Analysis Environment

    Skills and Abilities

  • Strong Cost systems background

  • Planning and organizing skills

  • Strong analytical skills

  • Oral and written skills

  • Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports

  • Experience working with engineering personnel on development and analysis of cost standards

  • IT skills – MS Word and Excel, PowerPoint, Statistical Packages

  • Advisory skills

    How to Apply

  • Interested individuals should send copies of academic credentials, application letters and detailed CVs addressed to the Head of Human Resources & Administration to

  • recruitment@nssfug.org by Wednesday, 21st October 2020, for registration and onward transmission.

  • Please note that canvassing or lobbying will lead to automatic disqualification of the candidate.

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