Treasurer job at Q-Sourcing Limited
Vacancy Title: Treasurer
- Type: Full-Time
- Industry: Consulting
- Category: Accounting & Finance
Jobs at: Q-Sourcing Limited
Deadline for Application: Wednesday, July 17, 2024
Duty Station: Kampala, Uganda
Summary:
- Date Posted: Friday, July 05, 2024
- Base Salary: Not Disclosed
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- Learn more about Q-Sourcing Limited
- Q-Sourcing Limited jobs in Uganda
Job Details:
Missions / Job Dimensions:
- The Treasurer is based in Kampala.
- Manage 500 invoices and expense claims monthly, handling bank accounts in four currencies (UGX, TZS, USD, GBP) across five banks.
- EACOP Ltd, a UK company with branches in Uganda and Tanzania, and shareholders including Total Energies, UNOC, TPDC, and UNOC, is tasked with building and operating a 1442 km oil pipeline from Hoima (UG) to Tanga (TZ).
- Responsible for day-to-day Treasury functions: Financial Debt, Bank accounts, Forex management (including treasury forecast, payments), and preparing cash calls sent to Shareholders/Lenders.
Activities:
- Verify daily bank balances against the Cash Analysis Excel file.
- Plan and prepare payment proposals in ERP with respective bank accounts.
- Schedule interbank transfers and negotiate FX deals.
- Interface with UK head office for equity and external debt financing.
- Ensure timely settlement of payments.
- Update the Cash Analysis Excel file for every booked payment.
- Stamp and file paid invoices.
- Prevent daily negative balances on local and foreign bank accounts.
- Perform mid-month bank reconciliations.
- Promptly resolve any account or payment issues with banks.
- Prepare monthly Treasury forecasts and reconcile with actual end-of-month balances.
- Prepare cash calls for Shareholders and Lenders.
- Assist the Chief Accountant during external audits (statutory, financial, fiscal, shareholders, national authorities).
- Participate in the implementation of EACOP’s new ERP.
Context and Environment:
- Completion of Shareholders Agreement by year-end 2021.
- Transition from TEAM BV to EACOP Ltd at SHA completion.
- Implementation of a new dedicated ERP for EACOP Ltd (Finance and HR).
Accountabilities:
- Timely payment of vendor invoices and expense claims.
- Efficient cash management.
Qualifications and Required Experience:
- Qualifications: Master’s degree in Finance or ACCA Level 2.
- Experience: Minimum 10 years in Treasury and Accounting, ideally in Oil & Gas or the Banking sector, with international exposure. Knowledge of SAP or similar ERP, and Microsoft Office Suite.
- Competencies:
- Strong technical skills in treasury, accounting, and ERP systems.
- Analytical mind, process-oriented, attention to detail.
- Strong interpersonal and communication skills; team spirit; ability to manage pressure and deadlines.
- Excellent English proficiency (spoken and written).
SEE MORE: Treasurer job at True North
Work Hours: 8
Experience in Months: 120
Level of Education: Postgraduate Degree
Job Application Procedure: All candidates who meet the criteria outlined above are encouraged to apply under the job vacancy “QSSU-EACOP-TSR-TREASURER.”
Note: The deadline for applications is no later than 05:00 pm on Wednesday, July 17, 2024. Only shortlisted applicants will be contacted.
