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Accounts Assistant

EnerGrow
Full time
Apply by 28 February 2023

Job description

EnerGrow is rapidly expanding and exploring new product verticals that will unlock additional revenue streams and drive growth for the business. We, therefore, have a very start-up culture of experimentation, idea generation, hard work, and chipping in wherever help is needed on the team.  We currently manage several donor-supported projects all driving EnerGrow toward becoming a sustainable asset-financing business. 

Key Accounting Responsibilities

  • To maintain through the Finance department the general ledger, the chart of accounts, and the other financial records, ensuring that they comply with Generally Accepted Accounting Practices (GAAP)
  • To maintain records of all incomes and expenditures in accordance with the selected method of accountancy (double entry and cost center)
  • To ensure compliance with all operational, financial, registration, and auditing protocols within Uganda and/or as required by investors’ procedures
  • To ensure that budgets, financial statements, and reports are made available completely and timely
  • To monitor cash flows and cash needs of the EnerGrow Platform in order to avoid cash crises
  • To ensure compliance with the accountability requirements of the individual projects, EnerGrow platform, and the national laws of Uganda
  • To ensure that the procurement procedures for duly approved purchases are enforced, in coordination with the procurement team and in compliance with the established procurement rules
  • Ensure that the Asset register is kept up to date

Drive Operational Excellency

  • Drive working capital management by managing inventories, accounts receivables, payables, and cash in order to ensure effective cost management
  • Pursue cost optimization by ensuring that the entire procurement of the company happens at the most optimal cost and delivers real value for money audits

 Reporting and Risk management

  • Drive local reporting and ensure on-time, accurate submissions while ensuring compliance with organization guidelines
  • Ensure compliance framework is adhered to by proactively managing internal audits, closing any findings timeously, and implementing suggestions/recommendations as applicable
  • Ensure timely submission of tax returns and all statutory obligations
  • Prepare IFRS-compliant, consolidated monthly/quarterly/annual management accounts as well as bi-annual results for release to the market
  • Manage the general ledger on a monthly basis to ensure the accuracy of posting and accuracy of all supporting documents

 Financial Controls

  • Assist in maintaining and developing efficient internal control systems to record and protect company assets and liabilities
  • Assist in reviewing, formulating, and implementing sound financial policies that minimize financial risk
  • Provide support in reviewing and putting in place efficient, sound, and cost-effective procurement processes, practices, and procedures in compliance with the Company policies

 Audits

  • Assist with quarterly audit reviews and annual financial statement audits
  • Assist in working with external consultants as and when required on matters requiring compliance and expertise

Financial Planning and Analysis

  • Assist on timely preparation of the annual budget and forecasts and analysis of expenditures for different departments and track planned activities
  • Assist on timely production of management budgetary control reports and highlight budget variances in order to meet the Company’s annual and long-term objectives
  • Assist on revenue forecasting process and engage with cross-functional teams to ensure delivery of the plan

Qualifications, Experience, and Personal Attributes

  • Minimum of a bachelor’s degree in Accounting/ Finance
  • Solid proficiency with accounting (Quick Books), along with Microsoft Office Applications like Word, Excel, and PowerPoint
  • 2 or more years of experience in a similar position

Personal Attributes

  • Ability to work in a multicultural diverse environment and under pressure
  • Demonstrated ability to adhere to strict confidentiality involving internal/ external information
  • Ability to plan, manage and follow through with assignments and communicate at all levels of the organization in a timely and professional manner
  • Ability to work independently and as a member of a team with minimal supervision
  • Supports and encourages innovation throughout teams and organization
  • Passionate about delivering fresh perspectives through systematic approaches

You have the cultural fit to work with the team, if

  • You are 100% values-driven
  • You are a great team player; people talk about you being helpful and collaborative
  • You are able to work independently and bring results in an unstructured environment
  • You enjoy diversity and you are generally optimistic about the future

About EnerGrow

EnerGrow is an appliance financing start-up based in Uganda. We partner with On and Off Grid energy companies to help people purchase productive use appliances to increase their incomes which they could not normally afford.

EnerGrow partners with energy companies to do this in the communities they are expanding into. Why? Hundreds of millions of people across Africa have expensive on- and off-grid electricity connections that are barely used. Customers can afford power, but they cannot afford productive use appliances that could help them earn an income.

This situation both leaves energy companies across Africa economically challenged while their customers remain stuck in an unnecessary poverty trap. Energy companies are slow to expand into rural areas and cannot provide good services even in urban areas because so many customers consume so little that the energy companies often struggle to afford to maintain their infrastructure.

EnerGrow’s data-driven asset finance helps accelerate rural electrification and improve rural energy services while at the same time increasing rural peoples’ incomes.

Customers win. Energy companies win. EnerGrow wins. Together – we will change Africa.

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