General Manager Finance Job at Centenary Bank in Uganda

Centenary Bank, the leading Micro Fi­nance and Commercial Bank in Uganda seeks to recruit suitably qualified, experi­enced and competent persons in the fol­lowing fields;
Reports to: Managing Director
Role: To plan, direct and control the financial resources of the bank and ensure sound overall financial management and reporting in line with the strategic plan, and lead a team of profes­sional staff in line with the regulatory, frame­work, the FIA /IFRS standards and the ALCO risk management guidelines.
Key Result Areas
  • Plan, develop and implement the Bank’s financial performance strategies, carry out project evaluations, consolidate possible sce­nario analyses / competition analyses for bank projects / and cost rationalization, in line with the business plan and regulatory framework.
  • Coordinate the process of consolidating monthly, periodic, and adhoc financial re­ports to EXCO and the Board in line with the regulatory framework, IFRS and the bank budget.
  • Champion growth of the Bank’s overall treasury portfolio to maximize profitability in line with the banks business plan, ALCO risk guidelines and the regulatory framework.
  • Review trends, coordinate Identification of strategies for cost management and generate cost -center specific recommendations and engage line Divisions in order to maximize shareholder value.
  • Coordinate the annual budgeting process and periodically report on performance against budget for all cost centers, examine variances to budget and revised estimates, provide explanations for remedial action.
  • Coordinate the preparation of final accounts and liaise with external auditors in carrying out periodic and annual audit of accounts on time in line with regulators.
  • Coordinate and monitor implementation of a system, which ensures that the process for transfer pricing is aligned , communicate variances to branches and generate periodic EXCO reports
  • Coordinate implementation of systems, policies and procedures to ensure all financial transactions of the bank are monitored for conformity with the existing internal controls in line with the banks risk management guidelines and the regulatory framework.
  • Appraise and determine attractiveness to enter into new business partnerships/networks/ markets/ intended to maximize share holder value in line with the socio – economic indi­cators, industry performance drivers and the regulatory framework.
  • Manage the performance and development of subordinate staff in line with the identified needs and the HR policies
Qualifications, Skills & Experience:
Required Qualifications
  • Honour’s degree from a recognized universi­ty in Accounting, BBA, Commerce, Econom­ics or Banking & Investment.
  • A professional qualification of ACCA or CPA.
  • A relevant Master’s degree.
  • At least 7 years relevant experience of which 3 years at senior management level.
  • Experience and proven track record in a similar role in a regulated financial institution is clear advantage
Key Skills/Competencies
  • Strategy formulation & Business Awareness
  • Creativity & Innovation, Resource Manage­ment
  • Excellent financial and management report­ing skills
  • Knowledge of Equinox and other banking software will be an advantage.
  • Proven leadership and communication skills.
  • Customer centric disposition.
  • Excellent risk management skill.
  • Ability to Inspire & manage a team.
  • Decision Making & Problem Solving.
  • High level of Integrity
How to apply:
Interested persons who fully meet the above specifications are invited to apply;
  • Downloading an application form for employ­ment from
  • Fill it and enclose an application letter, Curric­ulum Vitae (CV), three competent referees and applicable academic documents.
  •  Submit the application not later 26th June, 2012 to:
The General Manager, Human Resources, Centenary Bank Plot 16, Namirembe Road, P. O. Box 1892. KAMPALA Only shortlisted candidates will be contacted.

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