Job Title: Finance Manager
Reports to: Managing Director
Location: Mbale, Uganda
About Mountain Harvest
Mountain Harvest is a young, innovative coffee production company that works to raise the quality of life for smallholder Arabica coffee farmers on Mt Elgon in eastern Uganda, by increasing incomes, helping build farm and household assets and enhancing farmer resilience to shocks on a commercially and environmentally sustainable basis. The company was founded in 2017, with an investment from Lutheran World Relief’s (LWR) investment holding company, Ground Up Investing.
Mountain Harvest believes such change can only be achieved by unlocking and monetizing unrealized potential of the farmers coffee and farms. Our approach involves three major interventions:
· Elevating quality into the premium segment of the specialty coffee market,
· Disconnecting pricing from the commodity markets through a relationship-based trade with roaster-retailers that pay substantially higher prices for quality and impact (social and environmental)
· And by using the additional margin generated from higher prices to invest at the farm level through an intense, service-oriented engagement with farmers
Reporting to the Managing Director, the Finance Manager is responsible for the planning, implementation and managing the finance activities of the company. Such activities include financial record keeping, costing, audit, planning, budgeting, forecasting, financial analysis and internal controls. The Finance Manager will also be actively involved in communications with the investors and partners.
The main duties and responsibilities are listed below.
Main Duties and Responsibilities:
1. Financial Strategy
a. Providing strategic recommendations to the Managing Director and members of the management team of the investor company.
b. Overseeing all financial aspects of business and driving the company’s financial strategy and planning.
c. Assist Mountain Harvest develop strong relationships with banks and lenders and lead the negotiations (exchange rate, interest rate etc.) with them.
d. Assessing the financial performance of the company, as well as possible risks.
2. Manufacturing Accounting
a. Overseeing the bookkeeping process to ensure the data recorded is accurate and timely.
b. Manage cash and banking processes; Reconcile balances on a regular basis.
c. Determining the costs of business activities, processes or products according to the best practices inmanufacturing cost accounting. Ensure that the Cost of Good Manufactured and/or Sold are calculated in accordance with internationally accepted accounting standards.
d. Managing the Month-end close of the General Ledger.
e. Reconciling inventory balances on a monthly basis.
f. Identifying cost drivers and allocating shared costs to products.
g. Manage payroll processes.
3. Financial Planning & Analysis
a. Reporting on financial performance and preparing for regular leadership reviews.
b. Forecasting financial data and identifying financial status by comparing actual results with budgets.
c. Regularly update forecasts and budgets based on new actual financial data.
d. Providing analysis of financial reports to the Managing Director and Investors.Evaluating current capital expenditures and depreciation, P&L, Cash flows, Balance sheet etc.
e. Maintaining cash flow projections and comparing it to the actual data on a monthly basis to help management better analyze and plan its business operations.
f. Providing trends and forecasts in the actual data, along with the recommended actions.Monitoring unit cost variance.
g. Creating and analyzing Key Performance Indicators (KPIs).
4. Technology implementation
a. Maintaining cost accounting system and general ledger.
b. Evaluating the appropriateness of the accounting systems and controls.
5. Operations management
a. Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
b. Create and maintain strong financial internal controls to ensure accuracy, reliability and completeness of the financial data.
c. Establish financial policies.
d. Review accounting transactions for data accuracy.
a. Managing annual or any other interim audit processes.
b. Assist in any other ad-hoc financial analysis assigned by the Managing Director.
1. A Bachelor’s and Master’s degrees in finance, business administration or a related field.
2. Certifications such as ACCA, CFA, CMA or CPA.
3. A minimum of 4 years of demonstrated and progressive experience in the f inancial analysis and modeling, accounting and operations.
4. A minimum of 2 year of managerial experience.
5. Knowledge of the inventory costing methods.
6. Experience with reporting in accordance IFRS or GAAP.
7. Strong leadership skills and a drive for results.
8. Proficiency in Microsoft Office and QuickBooks. Experience with additional accounting or ERP systems will be considered a plus.
9. Experience working with for profit companies with an annual turn over of at least $1 Million.
Any applications that do not follow the below instructions will not be considered.
1. Send you email application to firstname.lastname@example.org email@example.com by 5PM local time on March13th2020.
2. The subject of the email should read: Application for the position of Finance Manager.
3. In the body of the email, include the following information:
a. Highest level of education
b. Professional Certification
c. Minimum salary requirement
d. Earliest date available to start work upon a job offer
4. A single PDF attachment not exceeding 2MBs with only an application letter andCV with 3 professional references (name, title, relationship to applicant, telephone number, email address), one being the most recent direct supervisor (s/he will not be contacted without prior notification of the job applicant). CV should not be more than 2 pages long and the references can be listed on the third page.
Only shortlisted candidates will be contacted.