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| True North Consult Ltd |
Group Chief Finance Officer job Post
Location: Jobs in Uganda 2023 - 2024
Work Hours: Full-time, 08 hours per day
Salary:
UGX
No. of vacancies: 01
Deadline: 12 June 2023
Hiring Organization: True North Consult Ltd
Job Details:
Purpose:
• The Head of Finance is responsible for the proper management of and reporting on the financial resources of the Greenhill Holdings Group of companies, to achieve costefficient use of the financial resources and maximum return on investments.
Responsibilities /Key
Deliverables
1. Strategy and Policy Formulation and Implementation
• With other members of the executive team develops and implements the strategic plans for the Group.
• Oversees the development and execution of an effective financial strategy to achieve the Group’s objectives.
• Provides support across the group, providing appropriate financial information for timely decision-making in line with overall Group strategy.
• Provides management information of a financial nature and its interpretation for effective decision making to maximize returns on business
• Develops, updates and implements finance policies and processes
2. Finance Planning and Budgeting
• Initiates and co-ordinates the formulation of business plans and annual budgets, and monitors progress towards their achievement
• Oversees the timely provision of management accounts and recommends corrective actions where necessary
• ·Engages Management and the appropriate Board Committees to develop short, medium, and long-term financial plans and projections for the Group.
• Develops financial models and carries out financial analysis to provide a basis for investment decisions and business planning
3. Cash and Debt Management
• Manage and plan cash flows and prepare cash flow forecasts
• Ensures appropriate investment policies and ensure reasonable yield on shortterm investments
Job Description
• In close consultation with Finance Directors, source financing from commercial banks and other financiers ensuring that the terms are in the best interest of the Company.
• Ensure systems are in place to safeguard cash and minimize bad debt.
4. Finance Operations
• Develops and implements a sound accounting framework in compliance with statutory provisions
• Ensures proper maintenance of the Books of Accounts
• Ensures that the annual financial statements and statutory reports are timely, accurate and in accordance with international financial standards and regulations
• Ensures statutory obligations are met in an efficient and effective manner
• Monitors and controls income and expenditure to ensure financial efficiency andeffectiveness
• Drives a cost-saving culture across all areas of the group
• Design, implement and maintain internal controls to ensure the integrity and reliability of the accounting and financial systems.
• Ensures the timely resolution of issues/ challenges that affect the financial systems
• In liaison with the accounting system provider, ensure efficiency in the maintenance of the books of accounts
5. Procurement management
• Provide technical advice on key negotiations of major contracts for supply of goods and services
• Design and implement systems to ensure value for money in procurement
• Ensure that goods and services are procured in a timely manner
6. Stakeholder and External Relations
• Liaises with external and internal auditors; and ensures the annual and/or periodic audits are seamlessly carried out
• Develops and manages key relationships with relevant external organizations e.g.
URA, auditors, banks to facilitate effective operations
7. People Management
• Oversees the activities of all units within the Finance Team
• Supervise the staff ensuring the performance, development and growth of personnel in the department
Person Specification
Education, Training,
Skills & Experience
Qualification:
• A degree in Accounting, Finance, financial management or related discipline from a reputable institution
• Relevant professional certifications & membership professional associations
ACCA. CPA
• 8 years’ experience with a Minimum of 4 years of management experience
• MBA in Finance reputable institution
Competencies:
• Excellent leadership
Job Description
• Managing diverse team
• Negotiation skills
• Policy development
• Good at influencing and building consensus
• Great collaborative skills
Application procedure
• To apply for this position, please e-mail your CV and Cover Letter to s.ashaba@truenorthafrica.com before close of day on 12th June 2023. All applications shall be acknowledged as received but only shortlisted candidates will be contacted. Enquiries may also be sent to the same e-mail.
Date Posted: 2023-06-05
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