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Head of Accounts - Impala Credit (Tier IV Company)

Item Details
About this job The Head of Accounts will be responsible for maintaining the financial health of Impala Credit byoverseeing the entire accounting cycle, ensuring compliance with regulatory requirements, andoffering strategic financial insights to the Management and Directors The ideal candidate willhave extensive experience in financial management, budgeting, taxation, and team leadership
Reports to
Role location Bugolobi, Kampala
Role purpose and context
Key responsibilities 1. Accounting & Bookkeeping
- Capture all admin and operational transactions in QuickBooks, including direct
costs, payroll, supplier invoices, and related party transactions.
- Record all investor transactions (capital receipts, monthly payments, and
repayments).
- Track fixed assets (cost, depreciation, additions, disposals) and manage related
reporting.
- Maintain and reconcile cash book transactions on a monthly basis.
2. Financial Oversight & Reporting
- Prepare monthly financial statements, including performance reports and ratio
analyses compared to industry benchmarks.
- Develop and maintain weekly reports on interest payments, projections, and
capital usage.
- Support the annual budgeting process through planning, forecasting, analysis,
and reporting.
3. Banking & Disbursements
- Review disbursements in Business Online Banking, confirming beneficiary
details.
- Oversee loan disbursements and investor payments, ensuring accuracy and
timeliness.
4. Loan Portfolio Management
- Reconcile monthly repayments (cash, bank, salary deductions) and generate
client statements.
- Provide guidance on loan calculations, penalty waivers, early settlements, and
monthly installment processing.
5. Tax & Compliance
- Advise on tax planning and compliance to minimize liabilities and ensure
regulatory adherence.
- Prepare tax reports, including PAYE, NSSF, and other statutory filings.
6. Internal Controls & Audits
- Maintain internal financial control systems, covering authorization processes,
invoicing, and documentation of all purchases or services at Impala Credit.
- Coordinate external annual audits with independent audit firms, ensuring timely
and accurate provision of required documents.
7. Risk Management & Advisory
- Identify potential financial and tax-related risks and develop mitigation strategies.
- Conduct cash flow and CRB analyses for all client files; advise directors on
findings and recommended actions.
- Maintain up-to-date schedules of investor accounts, track due payments, and
highlight areas of concern.
Qualifications - Bachelor’s degree in Accounting, Finance, or a related field.
- CPA/ACCA qualification is mandatory, with membership in ICPAU (Institute of
Certified Public Accountants of Uganda).

Experience - Minimum of 5 years of progressive experience in accounting or finance roles, with at
least 2 years in a leadership position.
- Proven expertise in using QuickBooks or a similar accounting software.
- Strong knowledge of Ugandan tax regulations, compliance requirements, and financial
reporting standards.
- Experience in the financial services sector, preferably within microfinance or credit
institutions.
Personal attributes
Terms of appointment
Application Start 2025-04-10
Application End 2025-04-17
Applicatoin link or email Interested candidates should submit a detailed CV and cover letter to [jobs@impalacredit.ug]by 17th April. Only shortlisted candidates will be contacted.
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