Finance Manager Operations at Swift Minds

Swift Minds

Accounting, Auditing & Finance

Unspecified USh Confidential
2 weeks ago

Job Summary


Job Description/Requirements

Job Description

Swift Minds: is a fully fledged consultancy firm based in Kampala, Uganda that provides cutting edge talent solutions to our clients in various sectors including Agriculture, Telecommunication, Construction, Manufacturing, Mining, and Banking, Oil and Gas and the services sector.

Our services include: Recruitment, Payroll Management, Outsourcing, capacity development and Management Consulting:

Duties and Responsibilities:
Purpose: To ensure the maintenance of accurate financial records, assist in the production of in country reports and accounts, maintain and develop an effective system of controls and an organisational culture that strategically manages risk.

Key performance areas:
Financial Reporting
⢠Ensure timely and accurate financial reports
⢠Maintenance of acceptable accounting records of the financial transactions and results
⢠Ensure all financial controls are completed and signed off pertaining to financial accounting
Manage the maintenance of acceptable accounting records of the financial transactions and results
⢠Take lead to support CFO in month-end, quarterly, bi- annual and year-end close processes.
⢠Ensure compliance to IFRS

⢠Act as a liaison with internal and external auditors
⢠Coordinate the preparation of internal/ external audit requests in line with any usual/ ad hoc requirements and support timely responses/ 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

⢠Ensure compliance with existing taxation laws, policies and procedures
⢠Ensure accurate and completed tax filing and assessments
⢠Manage Revenue Authority compliance.

⢠Assist in preparation of annual budgets and responsible for monthly reporting of budgets versus actuals for all fixed and variable costs across units and flagging issues/ highlighting sustainable cost saving opportunities.
⢠Reporting on ageing of stocks and receivables, including receivables collections.
⢠Ensure government compliance in all financial tasks
⢠Suggest process improvements focusing on improving performance indicators.
⢠Drive standardisation and subsequent automation of repetitive tasks and reporting requirements.
⢠Conduct monthly reviews of wage cost and report on all discrepancies

⢠Full ownership and responsibility for integrity of the master data framework and chart of accounts.
⢠Full Ownership of complete General ledger including accurate & timely TB 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 authorisation matrixes by driving zero tolerance on controllable losses.
⢠Financial Management
⢠Support the in-country Budget Process as per the set guidelines
⢠Monitor and control the allocated budget

Risk Management
⢠Identify the Finance Operations risks, their various mitigations and keep track of them.

⢠Ensure the Group policies and regulatory compliance in execution of treasury activities.
⢠Adherence to all the Group and In Country Policies and Procedures.
⢠Prepare and submit Bank Reconciliation reports.

Qualifications and Experience
Minimum Qualification Requirements:
⢠Bachelorâs degree in Accounting, Finance, Business Administration or related field. Accounting Professional is mandatory.
⢠Experience of financial accounting, controlling and risk management.
⢠Related Minimum Experience:
⢠6 to 8 yearâs relevant experience in FMCG, Manufacturing industry.

Competencies Required:
⢠Must be of unquestionable integrity, Honesty, Trustworthiness and Professionalism
⢠Must be a team player
⢠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.

⢠Advanced experience with MS Office and SAP ERP.
⢠Knowledge of In Country Tax Regulations
⢠International Financial Reporting Standard (IFRS) knowledge
⢠Strong understanding of Finance Operations.

⢠Analytical Skills
⢠Business Acumen
⢠Audit Management Skills
⢠Attributes include:
⢠Self-Starter & Action Oriented
⢠Ability to harness peer Relationships
⢠Agile and Driven
⢠Problem Solving
⢠Communication Skills

Growth Potential:
⢠Successful candidate will be set up for succession planning to Country Chief Finance
⢠Officer or Financial Planning and Analysis role.
⢠Physical Requirements and Environmental Conditions
⢠Frequency of travel: Occasional travel is required for in country visits; location may
⢠vary and may require overnight stays
⢠Light physical activities and efforts required working in an office environment
⢠Job Assessment

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