Job Title: Finance Manager
Organisation: VisionFund Uganda (VFU)
Duty Station: Kampala, Uganda
Reports to: CEO
Ref: 03/04/2015
About US:
VisionFund Uganda (VFU) is a microfinance affiliate of World Vision
Uganda and World Vision International. Its mission is to improve the lives of
children by providing low income entrepreneurs with sustainable and integrated
financial services that unlock their potential.
Uganda and World Vision International. Its mission is to improve the lives of
children by providing low income entrepreneurs with sustainable and integrated
financial services that unlock their potential.
Job Summary: The Finance Manager will primarily oversee VFU’s
treasury to ensure profitable operations and compliance with existing regulations.
The incumbent will also manage the accounting and liquidity management
functions of the institution.
treasury to ensure profitable operations and compliance with existing regulations.
The incumbent will also manage the accounting and liquidity management
functions of the institution.
Key Duties and Responsibilities:
1. Provides leadership on
financial issues (20%)
financial issues (20%)
- The incumbent will serve as Advisor to the
Executive Director and Senior Management on all matters relating to finance including treasury
and accounting; - Send timely financial reports to the BOD,
senior management, regulators, and other stakeholders; - The incumbent will serve as a Member of
senior management team
2. Steers the development of
an overall business plan for VFU that includes, among other things, the branch
targets and projections (20%)
an overall business plan for VFU that includes, among other things, the branch
targets and projections (20%)
- Continuous monitoring of the financial
performance of the organization with emphasis in analyzing the latter’s
performance as against its operational and business plans; - Offers financial technical support to Head
Office and the Branches in preparation of the business plan and
preparation and monitoring of the annual operating plans and budgets; - Ensures that branch plans are incorporated
into an overall business plan and projections model
3. In charge of establishing
and maintaining all policies relating to financial management, financial
controls and risk (10%)
and maintaining all policies relating to financial management, financial
controls and risk (10%)
- Establishes, reviews, and updates
financial policies and procedures that are relevant and cost effective to
the organization; - Maintains the finance management manuals,
including treasury and accounting manuals, and ensures that all changes
related to policies and procedures would be incorporated in the manual; - Serves as a member of the Asset Liability
Management Committee (ALCO) and furnishes the ALCO with the necessary
information for them to make sound, viable decisions - Performs functions specified by the BOD
and/or ALCO in relation to establishing broad guidelines for the
institution¡¦s tolerance for risk, and expectations from investment; - Introduces measures to enhance the
credibility and objectivity of financial statements and reports prepared
with reference to the affairs of VFU;
4. Oversees liquidity and the
appropriate level of assets and liabilities (10%)
appropriate level of assets and liabilities (10%)
- Measures and controls the institution¡¦s
funding requirements; - Oversees access to funds; Makes periodic
assessment of liabilities and liability holders; Explores borrowing
arrangements; - Quickly recommends to the ALCO and Board
of Directors policies or changes on policies on liquidity and funds
management, and ensures timeliness, applicability, and practicality of
these policies; - Ensures that there is adequate control of
cash and other assets (budgetary management and control) according to laid
down policies, Central Bank in the head office and the branches; - Develops contingency plans for VFU to
withstand liquidity crises, and updates the contingency plans, as the need
arises;
5. Manages the accounting
system and process (20%)
system and process (20%)
- Provides technical oversight to the branch
accountants in formulating and implementing the branch accounting system; - Ensures that VFU maintains adequate and
accurate records including balance sheet and periodic statements of income
and expense; - Provides the Finance Department staff the
necessary training and other support to enable them to fulfill their
duties accordingly; - Manages, monitors, and evaluates the work
of the finance staff and provides input to the annual staff appraisal
exercise;
6. Ensures compliance to
regulators, audits and VF (20%)
regulators, audits and VF (20%)
- Ensures absolute compliance to regulations
on liquidity, capital adequacy, and provisioning; as well as to reporting
requirements set by regulatory body and other regulators; - Regularly attends to inquiries, on-site or
off-site, from the Central Bank, other regulators, and external auditors,
and provides due assistance to the regulators and external auditors during
inspection; - Perform any other duties that may be
assigned by the CEO from time to time (0%)
Qualifications, Skills and Experience:
- The ideal candidate must be a Certified
Public Accountant (CPA) or similar qualification with at least two years
working experience post CPA - Possession of a Masters / Degree in
Business Administration will be of added value - At least five years or more in the field
of finance management and accounting - Detailed working knowledge and
understanding and deep insights into Treasury Management - Good knowledge of the local and VF
regulatory requirements under which VF MFI operates. - Determined personality with initiative,
perseverance and the ability to motivate and manage a team - Capability and willingness to take
responsibility and highly developed sense of integrity - Ready to comply and live up to and in
accordance with the organization Ideals and Core Values - Computer literacy i.e. proficient in
Microsoft & sun systems with excellent excel spreadsheet skills. Past
experience of Microfin is preferred. - Good knowledge in economic and financial
topics - Be a good trainer, facilitator, mentor,
and coach - Excellent communication (presentation)
skills - Must be a committed Christian, able to
stand above denominational diversities - Ability to lead daily devotions
How to Apply:
All suitably qualified and interested candidates should send or hand
deliver their CVs, plus copies of their academic credentials to the address
below:
deliver their CVs, plus copies of their academic credentials to the address
below:
The Human Resource Manager,
VisionFund Uganda Ltd (VFU)
Plot 256, Makerere Kavule,
P.O. Box 24751, Kampala, Uganda.
NB: Only shortlisted candidates will be contacted
Email to: [email protected]
Deadline: 30th April 2015
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