General Ledger Accountant Job at True North

True North

General Ledger Accountant Job Post

Location: Jobs in Uganda 2025 - 2026

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: February 03 2025

Hiring Organization: True North

Job Details:

Job Purpose
The General Ledger Accountant role is to support OLA Energy Uganda Limited and UGAS Limited business to meet and exceed business objectives through adherence to sound accounting practices, effective and efficient business and accounting systems maintenance and finance KPI’S by ensuring accurate booking of all the transactions in the General Ledger

Accountabilities
A-Basic Functions
• Coordinate monthly closing process and reporting for OLA Uganda and UGAS and subsequently, ensure analysis / reconciliation of accounts, to ensure all the subledgers data agrees with data in the general ledger module.
• Ensuring that control processes and procedures are observed in line with business needs. Providing accurate, timely and complete management information in order to ensure that the company meets its requirements.
• Processing all accounts payable invoices and reconciling the accounts payable module. Managing petty cash and reconciling the petty cash accounts,
• Verifying all daily receipts and bank slips, Conducting timely and accurate bank reconciliations,
• Carrying out reconciliation of all accounts and ensuring that there is timely close out of all open times.
• Working closely with the OLA Energy Uganda General Manager on all administrative and accounting matters and provide the required support to ensure sound controls in all processes are adhered to
• B – Principal Accountabilities
• Maintenance of the General Ledger Accounts (i.e. Balance sheet and P & L accounts) and produce a periodic audit trail and maintain the general Ledger KPI for accounts analysis.
• Ensure Reconciliation of Accounts receivable module to the General Ledger Module (AR to GL), Accounts Payable to GL, and Inventory Control to GL, and Fixed Assets to GL, and Order Entry to GL and ensure that all the sub ledgers to General Ledger reconciliation is done on a timely basis.
• Under the stewardship of the Accounting Manager, provide support to internal, external auditors and ensure preparation of schedules for purposes of the statutory audit
• Review all accounts analyzed with an aim of identifying all open items to be discussed at the monthly Balance Sheet Accounts Management (BSAM) meeting.
• Organize for the BSAM review meeting, take down minutes during the meeting and follow up with business lines to ensure open items are flagged and closed appropriately.
• Coordination of monthly expenses accruals comprising of following up with respective business contacts for submission of their respective accruals and reviewing the submissions for reasonability.
• Ensure accounting data in form of journals, marketing expense provisions etc. are accurately and timely entered in accounting system SAGE 300 ERP System. Also review all journal entries booked into the system by others.
• Receiving and processing suppliers’ invoices and ensuring routing of invoices takes place and
• the subsequent follow up with various functions.
• Receiving employee expense statements and refund claims from all employees for checking before reimbursement.
• Ensure all invoices and payments data are processed in the SAGE 300.
• Processing of petty cash disbursement into Accounts Payable and General ledger.
• Ensuring that proper Tax accounting records are maintained in the local books of accounts to minimize on Tax penalties, Tax Interest and Maximize on tax planning to reduce the tax payable.
• Furnishing of Tax returns, file all returns as per the URA guidelines for OLA Energy Uganda & UGAS.
• Dollar purchase negotiations with the various Banks.

Person Specification
Education, Training, Skills & Experience Professional Experience
• At least 5 years post qualification experience in accounting.
• Proven knowledge of ACCPAC, SAGE 300 or other ERP system.
• Excellent Financial Control skills and attention to detail.
• Knowledge of the International Accounting & Financial Reporting Standards

Compulsory Skills, knowledge & Competencies
• Business Acumen & good understanding of Petroleum industry
• Self-Management
• High degree of professional ethics and integrity
• Good planning, analytical, discipline, and organization skills
• Excellent written and spoken English communication skills
• Winning attitude
• Attention to detail Nice to Have
• Experience with Office 365 (Outlook, Microsoft teams, Planner, Yammer)
• Experience in the Oil & Gas Sector
• Experience with remote collaboration and management

Remuneration
• A competitive Monthly gross salary.
• Annual performance bonus if the criteria set by the policy are met by the company.
• Additional Benefits: Medical cover