Background
Accredited by the National Council for Higher Education as a degree-awarding institution, Luigi Giussani Institute of Higher Education (LGIHE), is an innovative institution of higher learning renowned for its transformative learning approaches and provision of support services that enhance the quality of education through training, research and outreach programs. Based in Luzira, Kampala, LGIHE offers courses such as Certificate and Diploma in Early Childhood Care Education, Diploma in Primary Education, Diploma and Postgraduate Diploma in Educational Leadership and Management, Bachelor of Pre-Primary Education, Bachelor of Primary Education, Bachelor of Arts with Education, among others. All LGIHE’s academic and social development programs are aligned for improved learning outcomes for students, increased professional development for teachers, enhanced life/entrepreneurial skills and improved access to and quality of education for learners. The institution operates with a clear commitment to excellence and accountability. In line with this vision, LGIHE is seeking dynamic individuals to serve in the following role:
Job title: Bursar
Reports to:
First Supervisor: Finance and Operations Manager
Second Supervisor: Principal
Duty Station: Kampala
Job Summary
The person will be responsible for accounting duties such as ensuring that funds expended are in accordance with accepted accounting principles. They will be responsible for recording all financial transactions for the institute into the accounting system, assisting in the preparation of budget forecasts for projects, ensuring prompt fees payments, computation of taxes and preparation of tax returns, reconciling accounts, among others, and performing any other duties as assigned from time-to-time.
Main Duties and Responsibilities
- Ensures that funds expended are in accordance with “Generally Accepted Accounting Principles”, and LGIHE policy, donor regulations and requirements, Ugandan law, standard operating procedures, and best business practices.
- Record all financial transactions for the organization into the accounting system
- Assist in the preparation of budget forecasts for the institution’s activities
- Ensure promptly bank payments and to reconcile accounts payable and receivables periodically
- Ensure that every financial transaction is properly approved by a budget-holder signatory, is properly documented, files are complete and demonstrates evidence of compliance with the organization’s policy, donor requirements, and standard operating procedures
- Ensure that transfers to Mobile Money service providers are done in a timely manner, and that MM payments are done in an efficient, timely manner
- Review all costs and travels have adequate prior authorization and approval prior to payment remittance and to follow up on all discrepancies identified
- Ensures that all payments for purchases of goods and services are made according to organization’s regulations
- Receive, review, and liquidate petty cash promptly in accordance with the organization’s policies and to conduct cash count reconciliations at least once a week.
- Perform bank reconciliations on a monthly basis
- Prepare and submit Monthly Financial reports to the supervisor
- Process withholding tax payments & prepare withholding tax certificates for all appropriate payments and distribute these accordingly
- Computation of taxes and preparation of tax returns
- Maintain good working relationship with the organization’s stakeholders
- Provide training to staff on accounting procedures & policies as and when required
- Identify and submit documentation to the auditors as needed
- Perform other duties as may be assigned from time to time
Required Minimum Education, experience, knowledge, and skills:
- A Bachelor’s Degree in Business Administration, Accounting Option
- Partial or complete professional qualification in ACCA or CPA will be an added advantage
- Over five years of hands-on experience in accounting in a reputable organization
- Knowledge of Manager.io accounting system will be an added advantage
- Excellent oral and written communication skills and fluency in English
- Capacity to deal with multi-tasks and be able to adhere to deadlines in a busy environment and good time management skills
Equal Opportunity
LGIHE is an equal opportunity employer. We are committed to diversity in our workforce and we encourage all qualified individuals, regardless of gender, age, disability, or ethnicity, to apply.
Submission Process
Interested candidates are encouraged to send applications (specifying the position applied for in the email subject line) accompanied with an updated CV and copies of relevant academic documents to: The Human Resource Manager, Luigi Giussani Institute of Higher Education, Luzira, Kampala via email [email protected] (As one attachment of not more than 5MBs) not later than February 6, 2025.
