 |
| ForAfrika |
Finance Manager Job Post
Location: Uganda
Work Hours: Full-time, 08 hours per day
Salary:
UGX
No. of vacancies: 01
Deadline: 20 January 2025
Hiring Organization: ForAfrika
Job Details:
Department: Finance
Reports to: Country Manager
Location: Uganda Country Office - Arua
No. of Direct Reports (Subordinates): 1
No. of Positions: 1 Position
Job Description Last Updated/By: January 3, 2025
About ForAfrika
We are the largest African humanitarian and development organization working to see Africa thrive. We work with local partners to empower communities in transitioning from crisis to prosperity. By addressing the root causes of challenges, building resilience, and fostering self-reliance, we ensure that every African has the resources and opportunities needed to thrive.
General Position Summary
We are seeking a detail-oriented and highly organized Finance Manager to lead finance and compliance operations for the Uganda Country Office. The ideal candidate will have a strong background in financial management and compliance with regulatory and other requirements to ensure the smooth functioning of the operations. He/she is responsible for ensuring all transactions are accurate, correctly charged, allowable, reasonable, and allocable, and compliant with ForAfrika policies, donor regulations, GAAP, and applicable country laws. The Finance Manager will facilitate annual budget development, cash flow management, statutory compliance, audits, and financial reporting.
Key Roles and Responsibilities
1. LMA (Leadership + Management = Accountability)
- Establish clear direction and objectives, providing a compelling vision, and ensuring each team member understands how their role supports the organization’s broader mission and goals.
- Provide essential resources and support, ensuring team members have the resources they need—including training, tools, and personnel support—to perform effectively and grow in their roles.
- Empower through delegation and development, delegating responsibilities thoughtfully, allowing team members to take ownership while encouraging their professional growth and advancement.
- Lead with integrity and organizational alignment by modeling behaviors that reflect the organization’s core values, making decisions and taking actions that prioritize organizational needs and align with core principles.
- Maintain effective communication and reporting by fostering regular, transparent communication to keep expectations clear, provide timely feedback, and ensure accurate reporting of performance metrics and goal progress to support accountability and team effectiveness.
2. Budgeting, Budget Management, and Resource Mobilization
- Provide technical support to project staff in preparation of budgets in line with ForAfrika and donor requirements.
- Work with the ForAfrika funding team to develop project proposals for donors and advise ForAfrika management on financial implications.
- Conduct monthly finance and grant review meetings with project staff.
- Responsible for budgeting, monitoring, and control of project budgets and administrative expenditure, ensuring all transactions are in line with policy.
- Prepare monthly BVA Reports, assist in monitoring burn rates, and advise management on matters arising.
3. Financial Reporting
- Prepare accurate, complete, and timely financial reports for different stakeholders, including management, statutory bodies, and donors, as per stipulated timelines.
4. Risk Management and Compliance
- Facilitate all audits in collaboration with the GSO Finance and Audit, Risk, and Compliance (ARC) department, respond to audit findings, and lead the implementation of audit recommendations.
- Prepare and update the risk register.
5. Financial Operations (Including Bank and Cash Management)
- Prepare monthly cash forecasts to support country office operations, ensuring receipts are processed per laid-down procedures, including proper coding and posting into the accounting system.
- Perform bank reconciliations on time and clear all reconciling items promptly.
- Control and receipt of business advances accounting documentation by staff for adequate supporting documents. Check the information presented for budget availability, correct coding, and follow up on any queries.
- Support the project teams in executing project-related procurement functions as per laid-down policies and procedures.
- Provide training and technical support to project staff in respect of their financial responsibilities and functions.
- Ensure that project assets and inventory systems are accurately recorded in the accounting system.
- Manage the sub-grantee portfolio by reviewing monthly financial reports, discussing any variances, ensuring compliance with donor and ForAfrika policies, and legal and regulatory provisions, building capacity, and following up on any review action plans.
- Review transaction postings on an ongoing basis, making sure they meet all donor and ForAfrika standards.
- Ensure timely withholding and payment of income taxes, withholding taxes, VAT, and file the necessary returns as required by local authorities.
- Perform all month-end processes within stipulated timelines.
- Ensure there is a proper filing and archiving system that is running efficiently.
Qualifications and Skills
- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional qualification in either CPA or ACCA (required).
- 5+ years of experience in grants, financial management, and accounting, with 3+ years in a supervisory role.
- Strong management skills, technical & supervisory skills, and experience required.
- Strong accounting skills and experience, including management of the general ledger, journal entries, payroll, payables, and balance sheet.
- International NGO experience and knowledge of UN donor rules and regulations (preferred).
- Demonstrated experience and skill with financial report preparation and presentation and proven ability to translate technical financial data into informative reports.
- Advanced computer skills in MS Office programs, particularly Excel; working experience with SAGE is an advantage.
- High level of integrity, confidentiality, and accountability.
- Good interpersonal and communication skills.
- Ability to collaborate effectively with cross-functional teams.
- Willingness to travel regularly to ForAfrika and sub-grantees field offices and project sites (approximately 25%).
Success Factors
- An ability to support programmatic objectives with timely and meaningful financial information is essential.
- A demonstrated ability to multi-task, meet deadlines, and process information in support of changing program activities is necessary.
- An impeccable professional standard of finance and procurement ethics, as well as the willingness and ability to enforce compliance with ForAfrika and donor policies and procedures, is essential.
Application procedure
- Please submit a cover letter and CV (maximum 4 pages) to recruitment.uganda@forafrika.org not later than January 20, 2025.
- Applications will be reviewed on a rolling basis, and only successful candidates will be contacted.
Note:
This is an anticipatory recruitment process that is dependent on funding; therefore, contractual and formal engagement will be based on the availability of funds.
Date Posted: 2025-01-09
CLICK HERE TO FOLLOW OUR JOB SHARING WHATSAPP CHANNEL FOR ALL THE DAILY JOB UPDATES
CLICK HERE TO FOLLOW US ON 'X' FORMERLY 'TWITTER'
