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Finance Manager Employment Opportunity – ASIGMA
Posted by: ugashare-Volunteer
Posted date: 2024-Mar-28
Location: ampala, Uganda
Job Title:   Finance Manager Organisation: ASIGMA Duty Station: Kampala, Uganda About US: ASIGMA is a group of three subsidiaries – Advisory, Data, and Capital that leverages data and technology to add value to organisations. Its Advisory arm offers investment advice, develops investable business cases, and provides Private Sector support and Technical Assistance; some of our development clients include USAID, DFID, AfDB, and WBG IFC. Its Capital arm is currently managing projects in alternative investments (Private Equity, Real Estate, and Energy) that include Manufacturing and Shallow Geothermal Exploration, among others. Lastly, its Data arm aids the Advisory and Capital arms through digital data capture and analytics, market research, and insights to allow for actionable decision making but also provides project and data management services to external clientele. Job Summary:   In this role, you will have the opportunity to utilize your expertise in financial analysis and strategic planning. By analyzing day-to-day financial activities with precision, you will provide valuable insights and recommendations to upper management. Your guidance will empower the company’s leaders to make informed decisions that align with the organization’s long-term goals. Additionally, you will play a crucial role in developing and implementing financial plans that support the company’s growth and profitability. Monitoring financial performance, identifying areas for improvement, and capitalizing on opportunities will be integral parts of your responsibilities. Key Duties and Responsibilities: Financial Reporting - Ensure timely and accurate financial reports and interpret financial information for managerial staff while recommending further courses of action in line with donor requirements and other stakeholders.
- Manage and Maintenance of acceptable accounting records of the financial transactions and results while maintaining the financial health of the organization.
- Ensure all financial controls are completed and signed off pertaining to financial accounting.
- Take lead on the month-end, quarterly, bi- annual and year-end closing processes.
- Ensure compliance with IFRS.
Audit - Take lead regarding internal and external auditors to ensure appropriate monitoring of company finances is maintained.
- Lead in the preparation of internal/ external audit requests in line with any usual/ ad hoc. This will include but not limited to providing documentation and drafting responses to audit questions, reviewing incoming grant agreements for their financial requirements to provide advice on their application, feasibility, and practical implementation.
- Lead on implementation of approved audit recommendations.
- Investigate and follow-up on discrepancies of audit reports.
- Manage the provision of accurate and timely monthly financial data pertaining to financial accounting.
Taxation - Ensure compliance with existing taxation laws, policies, and procedures.
- Ensure accurate and completed tax filing and assessments.
- Manage Revenue Authority compliance.
Management - Prepare the firm’s budget and lead in the monthly reporting of budgets versus actuals for all fixed and variable costs across units.
- Ensure fiscal responsibility in all budgets and spending, finding areas for cost savings and increased resourcefulness and flagging issues.
- Reporting on ageing of stocks and receivables, including receivables collections.
- Ensure regulatory compliance in all financial tasks.
- Suggest process improvements focusing on improving performance indicators.
- Drive standardization and subsequent automation of repetitive tasks and reporting requirements.
- Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
- Oversee the operations and development of the company’s finance department including setting objectives, design framework for those to be met, creating, and reviewing policies, budgeting, training, and conducting regular assessments of financial procedures.
- Working closely with the management team to monitor operational data which impacts the financial results. Gathering insights on invoicing, payroll, financial data and making suggestions to improve financial performance, strategic planning, and execution.
- Create and maintain relationships with service providers, contractors, and financiers.
- Analyze costs, pricing, variable contributions, and the company’s actual performance compared to the business plans.
- Conduct reviews and evaluations for cost-reduction opportunities.
- Develop trends and projections for the firm’s finances.
- Advise on investment activities and provide strategies that the company should take.
Controllership - Full ownership and responsibility for integrity of the master data framework and chart of accounts.
- Full Ownership of complete General ledger including accurate & timely Trial Balance reconciliations of all ledger accounts and maintenance of documentation and qualitative commentary.
- Ensure process adherence in all financial transactions and reporting.
- Ensure compliance with all Internal financial and accounting policies and guidelines including authorization matrixes by driving zero tolerance on controllable losses.
Financial Management - Monitor and control the allocated budget.
- Develop and implement comprehensive financial strategies for the firm and its clients.
- Conduct financial analysis, including budgeting, forecasting, and performance evaluation.
- Develop financial plans and oversee financial budgeting and forecasting for various projects.
Risk Management - Identify the Finance Operations risks, their various mitigations and keep track of them.
Compliance - Ensure the policies and regulatory compliance in execution of treasury activities.
- Manage the treasury aspects of the projects including disbursement of funds.
- Adherence to all the Policies and Procedures.
- Prepare and submit Bank Reconciliation reports.
Qualifications, Skills and Experience: - The applicant must hold a degree in BS/MA in Finance, Accounting, or Economics from a recognized University.
- Must be a full member of CPA.
- A full member of ACCA is an added advantage.
- Minimum working experience of 6 to 8 years in financial management (or equivalent) and a fast-paced environment.
- Extensive understanding of financial trends both within the company and general market patterns
- Strong interpersonal, communication and presentation skills
- Attention to detail.
- Proven ability to manage, guide, and lead employees to ensure appropriate financial processes are being used.
- Proven experience as a Financial Manager
- A solid understanding of financial statistics and accounting principles
- Working knowledge of all statutory legislation and regulations
- A proven track record of managing the finances of a company.
- Ability to multi-task and deliver on several different project needs.
- Ability and willingness to work in a multicultural and diverse working environment and flex style as the role requires contact with stakeholders across borders.
- Must be of unquestionable integrity, Honesty, Trustworthiness and Professionalism
- Must be a self-starter and have an appreciation of business growth and priorities.
- Strong Leadership potential to effectively drive a business agenda and operational coordination of activities.
- Ability to harness peer Relationships.
How to Apply: All qualified and interested candidates should apply online at the link below. Click Here For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare Related Jobs
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