Head of Finance Job Opportunity in Uganda at Contact Graphics

Job Title: Head of Finance
REPORT TO: General Manager
Location: Kampala
Country: Uganda
Job Description (Duties): Summary of Duties:
The Head of Finance will handle all financial activities of the company including maintaining all general accounting functions, tax planning and management, ensuring compliance with the laws of Uganda and financial regulations and policies, monitoring of financial controls, budgeting and will advise management on all situations that have an impact on the financial performance of the company.

Duties and Responsibilities:

General Accounting

Ensure company compliance with established financial policies and procedures
Maintain company systems of accounts and ensuring that all accounting data is reconciled and fully supported
Ensuring maintenance of accurate records for all financial transactions
Ensure timely financial reports to the management and the Board of Directors. The CFM will suggest financial reporting formats or adopt existing formats to aid management and the Board of Directors understand the contents of the reports for decision making and strategic planning
Monitor the company procurement transactions to ensure they are in accordance with company procedures
Manage monthly net assets of the office by ensuring that on a monthly basis, balance sheet accounts(cash receivable, prepaid and payable accounts) reconciliations are completed in a timely manner and any usual balances are clearly documented and reported to appropriate level of management.
Establish procedures for custody and control of assets and records.
Co-ordinate and participate in the internal and external auditor processes.
Compliance with regulatory bodies and timely submission of all financial statutory requirements like VAT, NSSF, PAYE and any other required by law
Monitor the accuracy of payroll entries and reconciliation and its timely submission including management of payroll statutory deductions and employee advances to ensure collections and that employees are not over advanced.
Maintain confidentiality of sensitive financial information and reports.
Supervise members of the Finance Department and set targets for them to ensure performance

Cash and Banking

Supervise and monitor cash inflows and outflows involves ensuring that all cash transactions are supported by adequate documentations and authorizations
Reconcile company bank accounts
Establish in policies on advance payment, credit terms and use of bank payment instruments
Ensure the development and implementation of a plan to minimize the foreign exchange exposure to currency gains and losses
Supervise the collection of all contractual, employee receivables and other form of receivables

Budgeting

Prepare annual budgets for company and ensure that all activities are performed within budget
Analyze revenue and expenditure trends and recommend appropriate budget levels and ensure expenditure control.
Provide office management and the BOD with expenditure reports on a monthly basis

Advisory and Other Duties

Prepare operational and risk reports for management analysis.
Review client/supplier contracts to obtain a thorough understanding of the financial stipulations.
Prepare client invoices and ensure submission in a timely manner.
Initiate a rigorous collection process on invoices to avoid cash insufficiencies.
Oversee and implement financial management procedures for all the other company locations outside of Uganda.
Any other duties and responsibilities assigned.


Necessary Qualifications:

Skills Required:

Knowledge of standard practices, procedures and documentation used in financial transactions and advanced bookkeeping.
Conversant with a range of accounting packages.
Attention to detail, critical thinking, judgment and decision making skills.
Knowledge of financial regulations and policies as per Uganda Revenue Authority
Knowledge of international financial reporting standards.
Ability to understand financial policies and procedures and experience in effecting compliance.
Ability to communicate effectively to stakeholders.
Hands on information on accounting tools for making monthly reports and trial balance sheets, cash books etc.
Back stopping, evaluation and monitoring skills.

Education and Experience:

Must have a degree in Business Administration with an Accounting option.
An MBA with a bias in financial management is preferred.
CPA or ACCA is preferred
Minimum of 5 years experience.

How to Apply:

If interested, please submit in person a typed up-to-date CV and application letter with copies of your academic papers to;

NFT Consult – Uganda,Kisozi Complex, Plot 6/8 Kyaggwe Road, Nakasero
Tel: +256 0414237904 / 24, 0312266904

If applying online, please send an email to contactgraphics@nftconsult.com. ( In the Subject line please indicate the position you are applying for i.e "Head of Finance")

Attach your CV and application letter ONLY; please merge them into ONE file in MS word or PDF format.

DO NOT attach scanned academic papers or documents when applying online

Deadline:2011-08-31