About the Company

Turaco is a new financial services company in East Africa that is growing quickly. It is offering a new way of financing health and risk to new customers.

Turaco is an insurance plan that customers may sign up for and pay for using the normal transactions they already perform.

Turaco works with other businesses to give cheap insurance that really helps consumers.

We at Turaco embrace openness, communication, and simplicity, and we want to change the way insurance works. We want to pay out claims quickly and easily.

Turaco has gained more than 20,000 end users since its inception in February 2019. In the following two years, that number will rise to more than 500,000 end consumers.

We are growing very quickly, thus we need leaders who can grow with us.

Role Overview

Job Title: Finance Associate (Entry-Level Jobs)

Organization: Turaco

Duty Station: Uganda's capital, Kampala

Job Summary: The Finance Associate will be very important in making sure that all financial processes in Uganda run smoothly, legally, and efficiently. The best candidate will pay attention to details, be well organized, and have a good understanding of accounting principles and local financial rules.

Perfect for early-career finance professionals with 2–4 years of experience and partial CPA (Uganda) qualifications.

Accounting: Duties, Roles, and Responsibilities

Data & Cash Management

Data Entry: Carefully enter all approved cash transactions into the accounting software (QuickBooks) to keep the financial records correct and up to date.
Petty Cash Management: Follow corporate rules and processes while preparing and giving out petty cash payments, making sure that all payments are properly documented and accounted for.
Reconciliations: Check petty cash and expense accounts on a regular basis to find and fix any mistakes.
Managing Cash Flow: Keep an eye on and manage your cash balances to make sure you have enough money to pay all your bills.

Compliance & Reporting

Compliance: Make sure that all relevant financial rules and internal control procedures are followed.
Financial Reporting: Help make monthly financial reports so that management has accurate and up-to-date financial information.

Other Responsibilities

Asset Register: Keep an accurate and up-to-date list of all the company's assets, noting any changes.
Invoice Processing: Check and process invoices to make sure they are correct and code them correctly for payment.
Vendor Management: Keep strong relationships with vendors so that they provide goods and services on schedule.
Document Management: Keep all of your financial and administrative papers in a neat and professional way so that they are easy to find and meet record-keeping standards.

Qualifications, Education, and Skills

Live Turaco Values: Push boundaries, work with perfection, and have deep regard for each person.

A bachelor's degree in finance, accounting, or a related discipline and two to four years of experience.
You need to have at least some of the qualifications for CPA (Uganda).
A lot of experience with Uganda's rules for financial compliance and submitting taxes.
It is preferred and seen as a plus if you have worked in the insurance industry before.
A lot of experience and familiarity with Microsoft Office Suite, accounting software like QuickBooks, and tools for analyzing data.
Good communication and people abilities.
Ability to work alone and take the lead; show self-motivation and enthusiasm; operate effectively under pressure; and meet tight deadlines.
Willingness to work with people from other countries and cultures as part of a team.