Job Summary

To support the Management function, RSM (Eastern Africa) Consulting Ltd is inviting applications from Proactive & dynamic individuals for the position of Group Finance Manager/Controller for one of their clients

  • Minimum Qualification: Bachelor
  • Experience Level: Senior level
  • Experience Length: 8 years

Job Description/Requirements

  • To support the Management function, RSM (Eastern Africa) Consulting Ltd is inviting applications from Proactive & dynamic individuals for the position of Group Finance Manager/Controller for one of their clients. 


The Group Finance Manager/ Controller (a minimum of Eight (8) years of working experience in Finance management of which three (3) must have been gained at middle management at a reputable organization), will report directly to the Group CEO and will be responsible for:

  • Overseeing the finance & accounting function of the company (ies). 
  • Overseeing Financial and Accounting system controls and standards used by the company(ies). 
  • Ensuring the timely provision of company financial and statistical reports for management
  • Ensuring that all accounting functions are accurately and effectively fulfilled.


Duties and responsibilities


Result area & result


Financial reporting

Result 1: Financial reports are provided accurately and timely to the Board of Directors and the CEO as required. 

Tasks may include:

  • Supervise the preparation of monthly, quarterly, and annual company financial reports and final accounts for each entity

Result 2: All reports are compliant with the relevant standards, guidelines, and legislation

Tasks may include: 

  • Ensure that all reports are in accordance with recognized reporting standards, company financial guidelines and applicable relevant legislation.


Compliance

Result 1: All financial transactions and records are compliant with all relevant standards and legislation at all times.

Tasks may include:

  • Keep aware of developments of relevant new standards, guidelines, and legislation
  • Review financial management practices and recordkeeping procedure for compliance
  • Random checking the execution and compliance with relevant procedures
  • Escalating any issues that need resolution to ensure prompt action

Result 2: The company has audited accounts available within 2 months of the end of the financial year.

Tasks may include:

  • Co-ordinate annual audits and ensure these are completed timely
  • Work with the financial team to ensure all records are ready and available for audit on time


Budget management

Result 1. Ensure that all departments and companies have suitable budgets in place. 

Tasks may include:

  • Support the heads of departments in the preparation of suitable budgets as needed. 

Result 2. All expenses are reported against budgets and budgets are adhered to within 5-10% range.

Tasks may include:

  • Periodically monitor expenses against budgets 
  • Develop relevant budget reporting formats for the accounting team to use

Result 3. Expenses and investments are cost effective.

Tasks may include:

  • Identify and create cost efficiencies across departments and/or group companies


Cashflow management

Result 1. A 12 month cashflow forecast is available for all group companies, and the group as a whole, based on budgets and sales projections

Tasks may include:

  • Consolidating budgets into cashflow forecasts
  • Working with departments and financial teams to ensure awareness and completion of financial targets
  • Monitoring receivables 
  • Informing the CEO and the board of deviations from the budgets and cash flow as needed.

Result 2: Shortfalls of cash are accurately forecasted and mitigated.

Tasks may include:

  • Prepare cash flow forecasts on a monthly basis to highlight cash reserves or the lack of the same and escalate to the CEO


Finance system

Result 1. The financial management system is appropriate, easy to use, and compliant will all relevant laws and legislation

Tasks may include:

  • Lead the continuous improvement of the finance system (software, policies, procedures, reporting formats, and other tools) ensuring it successfully meets all group needs. 
  • Continuously monitor the performance of the accounting software. 
  • Suggest changes to the system as and when needed
  • Training of staff as and when needed


Tax management

Result 1: The group is aware and compliant with all tax requirements.

Tasks may include:

  • Periodic review and filing of statutory returns as required, including Income Tax, VAT, PAYE, NSSF, WHT and LST 
  • Keep aware of developments in the tax system in Uganda
  • Inform the CEO and the Board of relevant changes in the tax system and what they mean for the group
  • Proactively manage tax reserves as needed


Finance team

Result 1. The financial team is empowered and capable to execute the work required.

Tasks may include:

  • Supervise the accounting staff in all group companies
  • Share knowledge and where relevant coach other team members. 
  • Assist with the recruitment, retention, development, and performance management of finance staff in all group companies
  • Develop performance management guidelines and provide in-house training and development to the finance staff.


Academic qualifications

  • An honor’s Bachelor’s Degree in either Commerce or Business Administration or Economics or Accounting or Finance or any other related course from a recognized institution.
  • Possession of either ACCA or CPA is a mandatory requirement
  • A Masters qualification may be an added qualification


Technical competencies

• Excellent knowledge of International Financial Reporting Standards 

• Good knowledge of the tax compliance regime in Uganda 

• Experience in the preparation of monthly, quarterly and annual financial reports

 Good knowledge and competence in using computer programmes like excel, word, PowerPoint.


Behavioral competencies

• Inter-personal relations.

• Decision-making and Problem-solving.

• Effective communication.

• Ethics and integrity.

• Concern for quality and standards.


To apply:

If you believe you can clearly demonstrate your abilities to meet the criteria, send in your application and a detailed CV indicating a daytime contact telephone number through the Brightermonday Portal by Clicking on the 'Apply Now ' section by Tuesday 31st, August 2021, 5.00 pm.


The application should be addressed to:

Recruitment Team

RSM (Eastern Africa) Consulting Limited 

6th Floor, DTB Centre, 

Plot 17/19 Kampala Road.  P.O. Box 31704, Kampala 


Only shortlisted candidates will be contacted.


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1. Do not make any payment without confirming with the BrighterMonday Customer Support Team. 2. If you think this advert is not genuine, please report it via the Report Job link below.

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