FINANCE MANAGER

Job Responsibilities Overview

The Finance Manager manages the financial functions of a rapidly growing organization. You will be creating policies and ensuring the appropriate processes are put in place to manage the organization’s finances.  You will also be responsible for payment of company taxes and fees within Uganda.  Reporting to the Uganda CFO, you are critical to the reporting of accounting information for global consolidation and financial reporting.

Job Duties:

The Finance Manager is responsible for the accountability of the operations:

Accounting / Bookkeeping

• Manage the bookkeeper and overseeing the bookkeeping function;
• Ensure the appropriate policies are in place for financial accountability;
• Ensure that all Ugandan taxes are paid, withholdings are made, and reporting is submitted on time;
• Legitimately minimize in-country tax liabilities where possible, working with the group finance function for overall company benefit;
• Ensure that all tax implications are considered when taking financial decisions;
• Coordinate the provision of information to external auditors for the annual audit.

Cash Flow Management

• Ensure that accounts payable are paid in a timely manner;
• Process payroll in a timely manner;
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements;
• Maintain banking relationships;

Budgeting

• Manage the preparation of the company’s monthly budget;
• Report to management on variances from the established budget, and the reasons for those variances;

Management Accounting

• Provide guidance to the management team regarding operations from a financial perspective;
• Provide month-end, quarter-end and year-end Financial Results & Management Accounts;

Corporate Finance & Business Development

• Provide support to the CFO in the collection of financial data for global reporting and consolidation;
• Company Taxes, including VAT, WHT, OTT, PAYE and other regulatory submissions,

Governance

• Improve financial policies to manage cash, operational, and other risks;
• Conduct internal audits to measure compliance and identify areas for improvement.

Mentorship

• Provide mentorship and URAining to junior staff and ensure development of talent.

Skills and Qualifications:

The Finance Manager is a seasoned financial manager with experience in banks, financial institutions, and/or distributors:

• Minimum 5 years’ experience in accounting and corporate finance;
• Minimum 2 years in management of financial operations;
• Fluent with Microsoft Excel;
• Comfortable with accounting software, preferably Xero;
• Proficient with Ugandan accounting standards and regulatory requirements;
• Proficient with IASB and GAAP accounting standards;
• Full Accounting & Finance professional qualifications such as ACCA, CPA or CFA would be a plus;
• Fluent in English.

Role Structure

• The position reports to the global organization’s CFO.
• Manages others within the Finance Department.
• The Finance Manager works closely with all departments, including Sales, Logistics, Service, Technology, and others.
• Externally, the position works with auditors, the URA, banks, and others.

Measurement of Performance / What Success Looks Like

• Timely, accurate closing of the accounting books;
• Budget process completed on time: both setting and reconciliation;
• Accurate cash flow tracking and projections that allow management to plan;
• Operational and Sales department heads report receiving useful information and counsel from the Director for the management of their respective areas;
• Compliance with all URA reporting requirements and regulations: no surprises;
• Timely internal audits demonstrating both compliance and areas for improvement;
• Proactive counsel to management on changes in regulations or treatments.

If interested kindly forward your cv to pule@ezer-consult.com