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Accounts Assistant OMIG UG job at UAP Old Mutual Life Assurance | Apply Now
Are you looking for Accounting jobs in Uganda 2024 today? then you might be interested in Accounts Assistant OMIG UG job at UAP Old Mutual Life Assurance
Kampala, Uganda
Full Time
About the Organisation
UAP Old Mutual Life Assurance is a leading provider of life insurance and investment solutions in East Africa, committed to helping individuals and businesses protect their financial futures. With a strong reputation for trust and reliability, the company has earned widespread recognition for its customer-centric approach and innovative financial products. Known for fostering a collaborative, inclusive, and dynamic work culture, UAP Old Mutual Life Assurance offers its employees a chance to grow professionally while contributing to the organization’s purpose of improving the financial well-being of its customers.
With a rich history dating back to 1947, the company has evolved through key mergers and partnerships, including its acquisition by Old Mutual in 2015, to become a market leader in the region. UAP Old Mutual Life Assurance’s business model focuses on delivering accessible and innovative life insurance products tailored to meet the diverse needs of its clients. The company operates across multiple African countries, reaching a wide customer base and continuing to expand its footprint. Core values such as integrity, innovation, customer focus, and responsibility underpin the company's operations, while its commitment to corporate social responsibility (CSR) is reflected in initiatives supporting community development, financial literacy, and sustainability. For more information, visit www.uapoldmutual.co.ug.
The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Rwanda and South Sudan. The UAP Old Mutual Group now comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our customers achieve their financial goals.
Job Title
Accounts Assistant OMIG UG job at UAP Old Mutual Life Assurance
UAP Old Mutual Life Assurance
Job Description
Job Title: Accounts Assistant OMIG UG (No Experience Jobs)
Organisation: UAP Old Mutual Insurance
Duty Station: Kampala, Uganda
Duties, Roles and Responsibilities
Responsibilities:
To perform all major finance related day to day activities timely, and accurately and generate management accounts on a timely basis.
Computing revenues on a timely basis and ensuring they are correctly booked in the system. These should also be accurately invoiced to the respective customers together with a customer statement.
To ensure that expenses are correctly, accurately, and timely booked in the System with the appropriate support documentation.
To maintain an accurate record of Accounts payables clearly showing balances per vendor at any one time.
To ensure that taxes are correctly and accurately captured on every transaction and subsequently remitted to URA every month by the 13th day.
To ensure that all payments are settled timely and vendor accounts reconciled regularly to ensure completeness and accuracy.
To ensure that commission schedules are prepared on time for review and have commission payments done by the 25th of every month.
Ensuring that the accounts payable and receivable are properly and regularly updated. That is to say, timely invoicing of clients both on a monthly basis and Quarterly basis.
To manage any matter arising from payments with clients in a friendly and efficient manner for satisfactory customer service.
To ensure that all payments are settled timely and vendor accounts reconciled regularly to ensure completeness and accuracy.
Perform reconciliation for the unallocated balances of the Unit trust providing a proper analysis of the ageing.
Perform Unit trust reconciliations on a monthly basis and submit them for review and approval by the CFO.
Making payments to suppliers on a timely basis.
Timely reconciliation of all bank accounts.
Preparing and submitting management accounts for the funds on a monthly basis for review by the 13th of every month.
Performing petty cash vouching every month and preparing the Petty cash certificates.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Qualifications:
A University degree in: Business Administration (Accounting and Finance options), Commerce, Science In Accounting, Accounting & Finance.
Skills:
Accounts Payable (AP), Accounts Payable and Receivable, Expenses, Invoices, Payment Handling, Reconciliations
Education:
Bachelors Degree (B): Business Administration (Required), Bachelors Degree (B): Finance (Required)
How to Apply
All suitably qualified candidates are encouraged to submit your application and complete Curriculum Vitae by applying online through visiting Old Mutual’s e-recruitment jobs portal at the web link below.
Deadline: 29th November 2024
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