Accountant – Projects

Job Description

Job Description

Main Purpose:

Responsible for CAPEX budget control as per approved budgets and projects financial reporting as per Accounting and CAPEX Governance procedures as well as in-charge of asset leases accounting and reporting in line with IFRS 16                                                          

MTN Uganda Limited is an equal opportunity employer and is seeking to recruit a competent individual to fill the following position.

Job Title: Accountant – Projects

Reports to: Manager – Capital Investments Finance

No. of Vacancies: 1

Main Job Functions:

Lease accounting (IFRS 16)

• Ensure an up-to-date lease register is kept by updating the asset lease solution is accurately maintained and updated with additions, disposals and adjustments
• Post monthly lease related journals and reconciliation of various general ledger accounts as they pertain to Leases
• Coordinate with legal, technology and facilities to capture new lease contracts and modifications.
• Liaise with Accounts Payable to ensure lessor are timely paid
• Notify Legal of about to expire lease agreements so that they are timely renewed
• Prepare monthly reports relating to asset leases

Project Accounting

• Monitor and control capital budget by ensuring demand requests qualify for capital spend and that funds are available for spend
• Analyse projects budgets and actuals to investigate variances
• Monitors the financial progress of capital projects and advise the projects team on accounting and implications of spend decisions
• Reconcile cost accounting module transit accounts to ensure they are manually cleared
• Ensure costs relating to completed projects are accurately rolled up and individual assets are created.
• Prepare CWIP Aging report on monthly basis to guide in technical working capital management
• Respond to CWIP and Project Accounting audit queries
• Liaise with BOOST resources to ensure system errors are timely resolved; system reports issues are fixed
• Reconciliation of GL WIP account balances against the WIP listing report and offer timely explanations and resolutions for any variance(s)
• Prepare Capex additions per Project from the Boost Actual additions report on a monthly basis
• Reconcile monthly Capitalisation against systems Asset additions report.
• Liaise with Project Managers to have all completed projects closed and related costs Capitalised
• Keep a record of documents to support WIP transactions that meets Audit requirements.
• Support the budgeting and forecasting for leases and PPE

Reporting & Compliance

• Ensure compliance with IFRS and internal accounting policies.
• Support month-end and year-end closing activities related to leases and CWIP.
• Assist in preparing financial statements and disclosures related to leases and CWIP.
• Respond to internal and external audit queries.
• Regular project reports to key stakeholders

Education 

• Bachelor’s degree in Accounting, Statistics or related field.
• Professional certification (e.g., CPA, ACCA) is required or in progress.

Work Experience            

• Minimum 3 years of experience in financial accounting, preferably with exposure to IFRS 16 and project accounting.
• Proficiency in ERP systems (e.g.Oracle, MRI) and Excel.
• Strong analytical and reconciliation skills.

Industry / Certifications              

• Certified Public Accountant (CPA) (preferred) 
• Association of Chartered Certified Accountants (ACCA) (preferred)

COMPETENCIES                                                                                                                                                              

• Attention to detail and accuracy
• Strong understanding of IFRS 16 and fixed asset lifecycle
• Ability to work cross-functionally with technical and finance teams
• Good communication and reporting skills
• Time management and ability to meet deadlines
• Ability to work under minimum supervision      

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