Finance Manager Career Opportunity – CIC Africa Uganda

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Job Title:       Finance Manager
Organization: CIC Africa Uganda
Duty Station: Kampala, Uganda
About US:
CIC
Insurance Group is the leading Co-operative Insurer in Africa, providing
insurance and related financial services in Kenya, Uganda, South Sudan and
Malawi. The Group offers a wide range of products including General Insurance,
Life Assurance, Medical Insurance and Asset Management Services. It is a
pioneer and leader in Micro-insurance. The Group’s focus on innovation and
excellence in service delivery has differentiated it in the market and earned
it International recognition.
Job Summary: The Finance Manager will be responsible for the
overall financial reporting, cost control, budgeting, regulatory and statutory
compliance, cash flow management, safeguarding the assets with an aim of
attaining profitability for the subsidiary.
Key Duties and Responsibilities:  
  • Regularly review for adequacy operational and
    financial controls in the business (systems, processes and people) and
    recommend changes to the management;
  • Review and file returns to the regulator and
    other statutory bodies on monthly, quarterly and yearly;
  • Review the completeness of the asset register
    and confirm that it is in line with the company accounts;
  • Confirm investment in company assets are
    within company investment policy statement and guided by the Insurance Act
    and advice the fund management monthly;
  • Review management and financial reports for
    completeness and preparation of board papers on a monthly and quarterly
    basis respectively;
  • Prepare and compile company budgets annually
    and analyse financial reports and report variance against budget on a
    monthly basis;
  • Approve payments and check that all
    accounting transactions are posted to the correct cost centres;
  • Coordinate external and internal audits;
  • Manage cash flows, control costs and action
    on audit recommendations;
  • Work closely with external stakeholders e.g.
    banks, Uganda Regulatory Authority, Uganda Revenue Authority towards
    enhancement of company operations.
  • Carry out performance appraisal, coaching and
    mentoring staff;
  • Resource allocation, staffing and leave
    approval;
  • Participate in planning and budgeting for the
    department;
  • Participate in various meeting and committees
    and acting as spokesperson on behalf of the company.     
Qualifications, Skills and Experience:  
  • The applicant should preferably hold a Bachelor’s
    degree in Finance, Accounting, Business or in a related field. A Master’s
    degree is an added advantage
  • Professional Qualifications i.e. CPA (U/K),
    ACCA/CFA is mandatory
  • At least eight (8) years’ relevant experience
    in a similar position, three (3) of which at supervisory level
  • Excellent communication and presentation
    skills
  • Problem solving skills
  • Excellent interpersonal skills
  • Good leadership skills
  • Excellent analytical skills
  • Computer literate in MS Office and other
    office applications
  • Knowledge of Business Environment
How to Apply:  
If
you have the aforementioned professional and academic qualifications and you
are ready to execute the above mandate, kindly send your resume to the address
below indicating on the subject of your email the job title. For example: Ref:
Application for Finance Manager to: susan.kabedha@ug.cicinsurancegroup.com.
Deadline:  5th July 2016 by 5:00PM
NB: Please note only short listed candidates will be
contacted. If you do not hear from us by 10th July, 2016 consider your
application unsuccessful.

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