Accountant Job - Access to Finance Rwanda (AFR)

Access to Finance Rwanda (AFR), is a fund initially sponsored by DFID and the World Bank. Other sponsors are likely to join in coming months.

The overall aim of AFR is to help more people and small businesses achieve greater and more effective access to a deeper financial system in Rwanda. This entails a focus on rural and poorer communities, as well as micro and small enterprises. AFR will fund a wide variety of initiatives and investments in the financial sector using grants, loans, subordinated debt and other instruments.

AFR intends to appoint an Accountant who will report to the Finance Procurement and Human Resource Administrator (FPHA) and will be responsible for maintaining all financial documentation, payroll management, processing and making payments, generating Electronic Funds Transfers (EFT), preparing accurate and timely donor specific financial reports and statements and ensuring adherence to appropriate accounting control procedures.

Specifically, the Accountant’s role will be to:

• Verify the transfers from donors, raise journal vouchers for funds received and update the relevant cash books and ledger accounts in the accounting system with details of the approved journal voucher;
• Prepare staff payroll and effect all statutory and compulsory deductions and their subsequent prompt remittance to the respective authorities;
• Compile financial information and prepare financial statements including monthly and annual accounts;
• Ensure the general ledger is up-to date and all financial reporting deadlines are met;
• Prepare monthly management accounts and budget performance analysis reports;
• Assist in budget preparation and enter the approved budget into the accounting system;
• Follow up receipt of invoices and monthly bills and ensure prompt settlement;
• Ensure prompt processing of payments. Prepare and generate payment vouchers and issue payments on the strength of complete and proper documentation as assigned by the FPHA
• Prepare payment instructions for all EFTs and maintain a payment register for all payments;
• Analyse expense claims and accountabilities and raise payment vouchers as may be required;
• Track advances and ensure prompt settlement and/or accountability. Prepare monthly advance accountability reports;
• Ensure all statutory obligations are settled in line with statutory requirements;
• Request for, disburse and account for petty cash in accordance with AFR Financial policies and procedures;
• Ensure accurate and timely booking of entries into the system. Ensure financial records are maintained in compliance with accepted policies and procedures;
• Liaise with the FPHA to ensure proper functioning of the accounting systems at all times.
• Prepare bank reconciliation statements;
• Perform monthly cash counts and prepare cash reconciliations;
• Maintain a fixed asset register and ensure it is accurate and up to date;
• Perform annual asset physical verifications;
• Provide support to the FPHA n carrying out procurement procedures.

Experience, skills and education required include:

• A minimum of 3 years accounting experience in a busy organisation;
• A Bachelor of Business Administration, Economics or Commerce (Accounting) or a professional qualification such as ACCA, CPA etc;
• Knowledge of accepted auditing and accounting practices and principles;
• Knowledge of applicable laws, codes and regulations;
• Knowledge and experience of accounting computer applications;
• Familiarity with issues facing the development of the financial sector in Rwanda;

Women are particularly encouraged to apply. However, the appointment will be made entirely on merit.

Remuneration and other benefits in AFR are set to be competitive and independently benchmarked against a range of private and public sector organisations. Starting salary will depend on the experience and qualifications of the successful applicant.

If your career aspirations and experience match this role, please email your application by 3rd October 201 1 to Executive Selection Division, KPMG at the following email address: AFRRecruit@kpmg.co.ug.

Please attach your CV (maximum 4 pages) containing an e-mail address, daytime telephone contact, qualifications, achievements, experience, present position, current remuneration and names & addresses of three referees together with a covering letter (maximum 2 pages) summarising why you consider yourself particularly well suited for the position. All applications should be sent via email.

Only short listed candidates will be contacted and provided with more information.

For any questions regarding the application process please contact Executive Selection Division, KPMG on
+250 252 579790/1, +256 414 347833, +256 414 346 294 or +256 414 340 315.