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Financial Controller job at Swift Minds
Posted by: ugashare-Volunteer
Posted date: 2024-Jun-20
Location: Kampala
Vacancy title:
Financial Controller [ Type: FULL TIME , Industry: Manufacturing , Category: Accounting & Finance ]
Jobs at: Swift Minds
Deadline of this Job:
Monday, June 24 2024 Duty Station:
Within Uganda , Kampala, East Africa
Summary
Date Posted: Wednesday, June 19 2024, Base Salary: Not Disclosed Similar Jobs in Uganda
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JOB DETAILS:
Swift Minds: is a fully fledged consultancy firm based in Kampala, Uganda that provides cutting edge talent solutions to our clients in Various sectors.
Job Purpose:
The Financial Controller is responsible, for providing financial information, analysis, and insights to support management decision-making while overseeing general accounting procedures and practices within the organization to ensure that accurate data is maintained in the ERP System
Duties and Responsibilities:
Financial Reporting and Analysis:
To ensure that the financial data is collected, tracked, and analyzed to provide reports on a monthly, quarterly and yearly basis to aid management make strategic decisions about a company's operational activities, growth, and future profitability based on its overall financial health and stability major accountabilities include;
• Prepare and analyze financial data and provide management with accurate and timely financial information.
• Data analysis and report writing.
Management Reporting:
• Create reports and dashboards to communicate financial information to different levels of management; and summarize complex financial data into easily understandable formats for nonfinance audiences to enable them understand the financial performance of the company.
Budgeting and Forecasting:
To oversee the development and implementation of the master budget, ensuring that resources are well managed including bu not limited to;
Develop budgets and financial forecasts for the organization; monitor actual financial performance against budgeted figures and identify variances; and provide commentary and make recommendations for improvement.
• Setting timelines and establishing the process by which budgets will be developed, holding staff accountable for doing their part.
• Collating information from departmental budgets and liaising with senior managers to generate a master budget.
• Presenting the budget to the Group Head of Finance.
• Ensuring that the mechanisms for monitoring, control and review of budget implementation are in place.
Cost Management:
• Calculate and analyze the cost of products; identify cost-saving opportunities and efficiency improvements; and develop and implement cost allocation methods to assign expenses appropriately.
Pricing:
• Analyse costs and market conditions to guide pricing discussions.
Performance Measurement:
• Develop and implement performance measurement systems to track key metrics and evaluate the success of various initiatives; and provide insights into the factors driving performance and recommend corrective actions.
Decision Support:
• Offer financial analysis and modeling to support strategic decisions, such as investment evaluations and capital budgeting; and conduct sensitivity analysis and scenario planning to assess the potential impact of different decisions.
Risk Management:
• Assess and manage financial risks, including market risk, credit risk, and operational risk; and develop risk mitigation strategies and recommendations for management.
Managing Staff.
To lead the Production Analysts and the Cost Analyst in a manner that empowers them to efficiently manage the finances and deliver excellent customer service including but not limited to;
• Assigning and planning work for the team in a manner that will meet targets and ensuring that team members are given appropriate workloads.
• Ensuring that each team member fully understands the tasks that are expected of them.
Qualifications and Experience
• University degree in Finance, Accounting, Statistics, or other course of a numerate background but must have relevant professional qualification – CPA or ACCA.
• Five years’ experience in a professional audit firm or a manufacturing organization.
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education: Bachelor Degree Job application procedure
Send your CV to: recruitment swiftminds.org Deadline: 24th June 2024 NB: Selection is on rolling basis, due high volumes of applications, only selected candidates shall be contacted, All applicants’ CVs are kept on file for future opportunities.
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