Senior Accountant – Steel Manufacturing Jobs – True North Consult Ltd
Posted by: ugashare-Volunteer
Posted date: 2025-Feb-19
Location: ampala, Uganda
Job Title:  Senior Accountant – Steel Manufacturing Company Organisation: True North Consult Ltd Duty Station: Kampala, Uganda About the Company:  True North Consult Ltd is a boutique HR Consultancy Firm that offers bespoke HR solutions to selected clients in various sectors and industries across East Africa, with operational offices in Kampala, Nairobi and Kigali.  Job Summary:   We are seeking an experienced and detail-oriented Senior Accountant to oversee and manage all financial and accounting operations for our steel manufacturing company in Uganda. The ideal candidate will have 8-10 years of experience in full-cycle accounting, taxation, banking, and internal controls, preferably in a manufacturing environment. The candidate must be proficient in Tally ERP / SAP, statutory compliance, and financial reporting. Key Duties and Responsibilities: Financial Accounting & Reporting - Oversee end-to-end accounting operations, including accounts payable, accounts receivable, general ledger, inventory accounting, and bank reconciliations.
- Ensure accurate and timely closing of books of accounts in compliance with IFRS and local accounting standards.
- Prepare monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow Statements) for management and external stakeholders.
- Conduct cost accounting and variance analysis to optimize production costs and improve profitability.
Taxation & Statutory Compliance - Ensure accurate and timely filing of VAT, Withholding Tax (WHT), Pay As You Earn (PAYE), NSSF, and Corporate Income Tax in compliance with Ugandan tax laws.
- Prepare and submit URA (Uganda Revenue Authority) tax returns, ensuring compliance with all statutory requirements.
- Handle tax audits, reconciliations, and dispute resolutions with tax authorities.
- Provide guidance on tax planning and optimization strategies to minimize tax liabilities legally.
Banking, Treasury & Fund Management - Monitor cash flow, fund management, and working capital requirements.
- Manage banking relationships, including loan processing, bank guarantees, LC (Letter of Credit) management, and negotiations for better financing terms.
- Ensure daily bank reconciliations and timely resolution of discrepancies.
- Knowledge of 0versee foreign exchange transactions.
Internal Controls & Compliance - Establish and enforce strong internal controls to prevent financial fraud, misappropriation, and errors.
- Conduct periodic internal audits and ensure corrective actions are implemented.
- Develop and maintain SOPs (Standard Operating Procedures) for accounting, taxation, and financial operations.
- Ensure compliance with company policies, industry regulations, and financial best practices.
MIS & Financial Analysis - Prepare and analyze Management Information System (MIS) reports, including budget forecasts, variance analysis, and cost control measures.
- Provide profitability analysis for different product lines, assessing financial performance and identifying improvement areas.
- Support strategic decision-making through data-driven financial insights.
Audit & Risk Management - Coordinate with external auditors for statutory audits, tax audits, and compliance reviews.
- Ensure timely submission of audit schedules and compliance with audit recommendations.
- Identify and mitigate financial risks through robust risk assessment frameworks.
Team Leadership & Development - Supervise and mentor the accounts team, ensuring high levels of accuracy, efficiency, and professionalism.
- Conduct training sessions to improve accounting skills and knowledge of financial software.
- Assign tasks, set KPIs, and ensure accountability within the department
Qualifications, Skills and Experience: - Bachelor’s degree in Accounting, Finance, Commerce, or related field.
- Certified Public Accountant (CPA), ACCA, CMA or equivalent professional qualification.
- 8-10 years of experience in accounting, finance, and taxation, preferably in the steel manufacturing or industrial sector.
- Strong expertise in Tally ERP / SAP for financial transactions, reconciliations, and reporting.
- Proficiency in MS Excel (Pivot Tables, VLOOKUP, Macros), Word, and PowerPoint for financial presentations.
- Sound knowledge of Ugandan tax laws, IFRS, and statutory regulations.
- Experience in treasury management, banking operations, and cash flow forecasting.
- Strong analytical, problem-solving, and decision-making abilities.
- Ability to work under pressure and meet tight deadlines with high attention to detail.
- Excellent communication and interpersonal skills for liaising with senior management, auditors, and regulatory bodies.
Preferred Experience - Prior experience in steel manufacturing, heavy industries, or related manufacturing sectors.
- Exposure to ERP implementation and process automation.
- Hands-on experience in handling internal and external audits.
- Knowledge of import regulations and inventory management
How to Apply: To apply, please send your resume and cover letter to exechire truenorthafrica.com with subject line Senior Accountant – Steel Manufacturing Company before 22nd February 2025. All applications shall be acknowledged as received but only shortlisted candidates will be contacted. All applicants should share their CV’s and Cover Letters in PDF or MS Word STRICTLY Deadline: 22nd February 2025 For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare Job Title:  Sales Associate (Entry Level Jobs) Organisation: Level Africa… Job Title:  Project Adviser, Trade and Investment (UN Jobs)  … Job Title:  Accountant Organisation: Level Africa Duty Station: Kampala, Uganda… Job Title:  Schneider Electric Graduate Trainee Program (Several No Experience… Job Title:  Dispatch Supervisor   Organisation: Kenchic Uganda Duty Station:  Kampala,… Job Title:  Stores Assistant Organisation: True North Consult Ltd Duty Station: Kampala,…
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