Senior Finance Officer Job Opportunity – Agricultural Business Initiative (aBi)

Job Title:       Senior Finance Officer
Organisation: Agricultural
Business Initiative (aBi)
Duty Station: Kampala,
Reports to: Head of Finance
Job Ref No: FIN002
About US:
The Agricultural Business Initiative (aBi), a group of registered
companies namely aBi Trust and aBi Finance Ltd, is a multi-stakeholder entity
co-founded in July 2010 by the Governments of Uganda and Denmark through DANIDA
and the Ministry of Finance, Planning and Economic Development respectively,
with the objective to promote “Private sector agribusiness development to
enhance wealth creation.” The development objective of the aBi Trust is
building a self-sustaining export-led economy in which the benefits are shared
by all Ugandans, and its immediate objective is to strengthen the
competitiveness of Uganda’s agricultural and agro-processing sector. It does
this through Value Chain Development (VCD) of six value chains (Coffee,
Cereals, Pulses, Horticulture, Dairy and Oil Seeds) and Financial Services
Development (FSD).
Job Summary: The Senior
Finance Officer will primarily ensure that aBi’s financial information and
systems is complete and financially sound; that it is managed through a robust
and proactive reporting system and provides accurate, financial analysis and
business insight to enable comprehensive financial decision making
Key Duties and
1. Providing accurate, timely and meaningful financial and management
information that enables the Board and Senior Management Team to make effective
decisions regarding the strategic direction of the organisation.
The incumbent will prepare or extract periodic
financial statements to inform on current status and projected performance to
the different stakeholders e.g RDE, Senior management, BOT/BOD and the public
(Statutory accounts)
Guide on appropriate technology to meet the
organisation’s financial data processing, controls, and reporting requirements.
Stay abreast with changes in financial regulations
and legislation
Coordinate, prepare and submit external audit
Review maintain and reconcile general ledgers
and sub ledger in the financial information system
2. Manage an efficient accounts payables and receivables system that
will ensure aBi’s meets its contractual obligations and safe guards its assets
and investments resulting in business continuity
Keenly review payment vouchers to ensure
timeliness, completeness and accuracy of supporting information in the
processing of payments.
Ensure compliance with statutory obligations to
minimise risk of litigation, financial and reputational loss e.t.c
Prepare and process payroll and board allowances
ensure correct calculation of statutory deductions
Follow up and collect on outstanding accounts
Ensure collection of tax payment certificates
for purposes of claiming tax credits
3.  Monitor aBi’s spend against
budgets and provide regular analysis to communicate and highlight areas of
concern resulting in the relevant decisions to be made/ taken.
Actively contribute to the development of the
annual budget by providing guidance to departments/budget holders during
department budget planning
Monitor spend against budget informing timely
informs management on variances from the established budget and the reasons for
those variances
Prepares monthly performance/variance analyses
and forecast reports to inform management decisions.
Cash flow analysis and management (financial
4.  Ensure that an operational
framework is in place that identifies, analyses and informs on the financial
impact of loss to the organization, employees, the public, and the environment
etc as a result of risk exposures.
Actively participate in identifying financial
risks, and threats pertaining to financial processess and systems of the
Make recommendations to reduce or control
financial risk by working with departments to calculate the risk associated
with specific financial transactions, considering proposed business decisions
Carry out risk-based forecasting and planning,
predicting change and future trends, as well as forecasting cost to the
5. To manage the unit in a manner that empowers them to deliver
excellent financial services to aBi’s stakeholders and results in an engaged
and committed team.
Communicate to the team a clear and exciting
vision for the work of aBi’s and for the role of department in supporting the
Ensure that each member is provided with clear
expectations for achievement of results, standards and behaviour
Plan and organise the work of the team so as to
achieve team and organisation in the most cost effective manner possible;
ensuring that team members are given appropriate workloads and are working
Support and build the capacity of team members
to enable them to give of their best e.g. by encouraging and praising good
performance, coaching, training, assisting staff to prevent or resolve
problems, providing resources, tools and equipment
Monitor and review performance and, in particular,
hold staff accountable for achieving results, meeting standards of excellence
and delivering any improvement goals which have been identified; taking
decisive action in the case of poor performance
Qualifications, Skills and
The applicant should preferably hold a
Bachelors’ Degree in; Commerce or Business Administration or a related field
majoring in accounting.
Full qualification ACCA/CPA/CIMA
At least five years post-graduation experience
in development sector finance
Proficiency in MS Office particularly Excel and
Word, as well as a computerized financial management system.
Extensive knowledgeable in donor financial
reporting standards and other accounting best practice.
Proven experience in grants management and
Advanced analytical and mathematical skills.
Experience in budgeting, forecasting and
management reporting.
Excellent attention to detail, organised, and
can work to strict deadlines
Good report writing skills.
Previous experience in sub grants management
A proactive and confident communicator.
How to Apply:
All suitably qualified and interested candidates should apply online by
clicking on link below and following the instructions.

Deadline: 18th September 2016 by

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