Senior Accountant - Reporting UIC Uganda job at Old Mutual | Apply Now

To design and manage controls and procedures for effective management of the Company’s financial and other resources and ensure timely and accurate reporting.

• Prepare Monthly Management Accounts for Local, group, regulatory and board reporting in accordance with IFRS

• Reconciliation and substantiation of balance sheet schedules on a monthly basis with the General ledger and sub-ledger

• Reinsurance reconciliation (claim recoveries, MDP recons and adjustments) together with the reinsurance officer.

• Rental Income review and reconciliation for all the properties (Kimathi, Nakawa House and NBP)

• Maintain a register of monthly Accruals, prepayments and provisions

• Quarterly/Annual Risk Based returns preparation to IRA

• Ensure that controls around general ledger, financial reporting are adhered to in accordance with our internal controls policies

• Train and mentor junior team members on financial and management reporting.

• Develop and implement robust accounting systems that are embedded with appropriate controls that help to safeguard the company’s assets and ensure accurate and timely reporting.

• Liaises with external auditors on audit activities of the company.

• To prepare monthly variance analysis for all departments, branches in line with budgetary provisions.

• Preparation of monthly Opscom reports for both Local Management and Group

• Preparation of the management accounts on monthly basis (GI, Health and Properties)

• Reconciliation and maintenance of the rental income schedules (earned and unearned rental income)

• To prepare the management and board summaries on monthly basis

• Prepare and manage the reinsurance function for Medical Business and General Insurance

• System Reconciliations for all the core systems integrating into the financial reporting tool D365

• Maintain an updated company fixed assets register. (Additions/disposals/movements and Depreciation)

• Maintain, reconcile and collect related party balances. Monthly Certificate sign off by Subsidiary.

• To follow up on all the necessary returns with the various Regulators’ are adhered to.