Senior Accountant – Reporting UIC Uganda Old Mutual

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.

Skills
Board Reports, Business, Design, Financial Reporting and Analysis, General Insurance, General Ledger (GL), Internal Controls, Management Accounting, Management Reporting, Reconciliations, Reinsurance, Reporting Tools, Subsidiary Ledgers, Timely Reporting

Education
Bachelors Degree (B): Accounting (Required), Bachelors Degree (B): Finance (Required)