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Finance Manager (Business Partner) job at True North Consult Ltd
Posted by: ugashare-Volunteer
Posted date: 2024-Jun-21
Location: Kampala
Vacancy title:
Finance Manager (Business Partner) [ Type: FULL TIME , Industry: Consulting , Category: Accounting & Finance ]
Jobs at: True North Consult Ltd
Deadline of this Job:
Saturday, June 22 2024 Duty Station:
Within Uganda , Kampala, East Africa
Summary
Date Posted: Thursday, June 20 2024, Base Salary: Not Disclosed Similar Jobs in Uganda
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JOB DETAILS:
Job Summary
The Finance Manager will play a crucial role in aligning financial objectives with overall business and programmatic objectives. Operating as a liaison between the finance function and respective program/ support department, the Finance Manager will provide tactical insights, financial guidance, and analytical support to drive informed decision-making. This role requires a combination of financial expertise, business acumen, and strong interpersonal skills.
The role is one of 7 Finance Managers (4 Institutional and 3 project-specific) and the manager will oversee a team of approximately 8 staff.
Responsibilities
Financial management
• Coordinate and support program financial accounting, monitoring and reporting systems to ensure timely, relevant and accurate reports.
• Support cashflow management with continued evaluation of project financing position, optimized receivables/ payables management and recoveries across the program
• Strengthen the oversight and management of program assets maintaining complete and well-evaluated current and non-current assets registers ensuring acquisition, valuation, recording, depreciation/ amortization, impairment writedowns and disposition are executed on a timely basis.
• S/He is responsible for the Institute's Chart of accounts and reconciliation to prevent financial statement errors, addition or deletion of accounts and periodic updates as required.
• Coordinate and support funder-related financial assessments and project-specific internal and external audits, ensuring timely completion of financial assessments, audits, and audit responses.
• Coordinate and support the Institute’s annual mainstream audit and any other statutory audits including, but not limited to, compiling information for internal and external auditors as required from the respective departments.
• Participate in the planning and implementation of systems for financial operations in the Institute in accordance with IFRS, Ugandan law and standard accounting practice; including systems for cash flow management, budgeting, consolidation of accounting information, internal controls, financial reporting, financial recordkeeping and compliance.
• Create efficiency and value addition within financial systems by evaluating business processes, recommending improvements that address existing, or potential risk, and identifying new opportunities.
Tactical planning
• Perform and provide insightful business financial analysis which supports and influences data-driven decisions, taking into consideration internal and external environmental information.
• Support development of financial projections and budget development/ analyses for current and prospective business based on well-supported costed work plans.
• Support the development and implementation of best financial practices across the Institute. Continuously stay abreast with changes in the IFRS, funder regulations and all statutory requirements; compile and update applicable policies; provide ongoing training and support to IDI staff on IDI policies.
• Support the annual review and update of the institutional finance strategy and risk profile
• Identify business development opportunities that aim at revenue generation diversification and growth on investments.
• Stakeholder and HR management
• Develop and maintain knowledge banks to support both finance and non-finance
• staff training
• Provide team leadership and personnel development in line with our values and strategic objectives
• Take lead in ensuring compliance with funder regulations, International Financial Reporting Standards, policies and laws and regulations of Uganda.
• Strengthen and optimize key stakeholder relationships between program and finance.
• Any other duties as may be assigned
Person Specification
Education, Training, Skills & Experience Competencies
• Professionalism: knowledge and application of financial management principles, IFRS, and key funder guidelines. Conduct himself/herself both professionally and personally in such a manner that influences a quality mindset and integrity
• Communication: have effective communication skills, active listening, respect, sharing/ receiving feedback, and responsiveness.
• Strategic thinking: the ability to think long-term and contextually to create value to the Institute
• Interpersonal skills: flexible, team player, and positive attitude.
• Managing performance: delegates the appropriate responsibility, mentors and coaches’ individuals and teams, and maintains objectivity. The manager should have an attitude that embraces continuous personal development and learning
• Accountability: maturely taking responsibility for actions and decisions
• Innovative and proficient with work-related technology
• Negotiation and collaboration skills: maintains an awareness of goals and objectives and navigates solutions towards desired ends while maintaining relationships and supporting consensus.
• Key person values and behavior aligned with the International Code of Ethics for Professional
Accountants
• Integrity
• Objectivity
• Professional competence and due care
• Confidentiality
• Professional behavior
Qualifications and Experience
• CPA qualification, ACCA qualification is an added advantage
• Bachelor’s degree in a business-related field; MBA or project management certification is a plus
• Strong financial analytical skills.
• At least 4 years of relevant experience at the middle management level
• Experience working in a business partnering capacity, preferably in a dynamic environment
• Familiarity with financial systems and proficiency in financial tools/ software
Work Hours: 8
Experience in Months: 48
Level of Education: Bachelor Degree Job application procedure
You can apply by submitting your cover letter and CV to exechire truenorthafrica.com
with subject line by Finance Manager (Business Partner) 22nd June 2024 All application documents Must be in either PDF or MS. Word.
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