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Chief Financial Officer Employment Opportunity – EFC Uganda Limited (MDI)
Job Title: Chief Financial Officer
Organization: EFC Uganda
Limited (MDI)
Limited (MDI)
Duty Station: Kampala, Uganda
Reports to: Managing
Director (MD)
Director (MD)
About US:
EFC Uganda Limited (MDI) is a leading deposit taking Microfinance
Company supervised by the Bank of Uganda and it provides financial services to
micro and small size enterprises (MSEs). Its major purpose is to provide
increased access to specialized financial services for entrepreneurs while
contributing to wealth creation, improvement of living conditions and
development of the Ugandan private sector.
Company supervised by the Bank of Uganda and it provides financial services to
micro and small size enterprises (MSEs). Its major purpose is to provide
increased access to specialized financial services for entrepreneurs while
contributing to wealth creation, improvement of living conditions and
development of the Ugandan private sector.
Job Summary: The Chief
Financial Officer will provide leadership, coordination and oversight in the
EFC finance and accounting functions including Head Office and Branch
operations. The CFO is accountable for the financial operations of the Company
ensuring detailed accounting and reporting in accordance with international
accounting and financial reporting standards. The CFO is primarily responsible
to assure the effectiveness of the EFC’s financial and fiscal management
operations with complete accuracy, statutory compliance and timeliness. This
includes effective internal controls, maintaining and exceeding established
quality standards, providing budget management oversight and defining effective
policies and procedures that assure efficient financial operations and
eliminate bottlenecks that effect inter-departmental productivity.
Financial Officer will provide leadership, coordination and oversight in the
EFC finance and accounting functions including Head Office and Branch
operations. The CFO is accountable for the financial operations of the Company
ensuring detailed accounting and reporting in accordance with international
accounting and financial reporting standards. The CFO is primarily responsible
to assure the effectiveness of the EFC’s financial and fiscal management
operations with complete accuracy, statutory compliance and timeliness. This
includes effective internal controls, maintaining and exceeding established
quality standards, providing budget management oversight and defining effective
policies and procedures that assure efficient financial operations and
eliminate bottlenecks that effect inter-departmental productivity.
Key Duties and
Responsibilities:
Responsibilities:
- Strategic
Planning & Management – direct the planning, drafting and
implementation of EFC strategic and business plans and budgets including
(i) setting strategic and financial objectives, and (ii) prudently
managing all EFC resources within budget parameters and according to
policies and statutory requirements; - Risk
Management – direct and support the development and implementation of a
risk management framework (i.e. credit, liquidity, interest rates, foreign
exchange, transaction, fraud, business continuity, compliance, legal,
governance, reputation, and external business risks) ensuring key
financial risk related performance indicators are effectively managed
within the prescribed limits; - Human
Resources Management – provide strong leadership and effective management
of EFC human resources according to authorized personnel policies
and procedures that fully conform to statutory requirements; - Community,
Public & Stakeholder Relations – ensure the EFC vision, mission and
values together with its products and services are consistently presented
in a strong and positive image to all relevant stakeholders and support
funding/fundraising planning and implementation, including identifying
resource requirements, researching funding sources, establishing
strategies to approach funders and submitting proposals.
Other tasks and responsibilities that will enable the fulfillment of
the above noted responsibilities include:
the above noted responsibilities include:
- Cultivate
EFC values throughout the organization; - Instill
a human capital development and “coaching” culture within EFC to promote
institutional and operational effectiveness; - Ensure
effective Human Resource Management (HRM) functions within the department
and in collaboration with HR including training, development,
employee relations, performance evaluation and recruitment; - Support
business and product development initiatives with appropriate financial
and sensitivity analysis; - Oversee
strategic and tactical management of all departmental operational
matters in alignment with the Company’s vision, mission, values and
overall business objectives; - Collaborate
cross-functionally to define, develop, implement, and support
cost-effective and integrated financial technology solutions for
all branches and departments of the organization; - Ensure,
in collaboration with Risk & Compliance, compliance with all laws and
regulations applicable to EFC’s financial operations and reporting
requirements; - Oversee
and assess financial management, accounting and administration policies,
procedures and internal controls with the objective to recommend
development and implementation of improved approaches; - Direct
the monitoring, analysis and reporting of financial performance
indicators, ratios and results together with corrective action as
necessary; - Oversee
and manage the EFC liquidity investment strategy and contingency plan; - Lead
change management and improvements in finance and administration
operations and automated financial and information management systems in
collaboration with other Executive Officers as required; - Communicate
EFC branding both internally and externally; - Implement
financial strategies and operational plans to ensure EFC growth and
profitability; - Optimize
internal processes and resources to meet growth demands while maintaining
high levels of internal/external stakeholder satisfaction and service; - Meet
regularly with Department Heads to keep informed and to offer support and
direction as required; - Coordinating
and leading the EFC’s annual independent audit and supporting
periodic internal audits; - Lead
and/or support initiatives that will raise additional capital as required
for expansion; - Lead
and manage the overall financial administration and business operations; - Performance
of any other duties and responsibilities as assigned by the MD.
Qualifications, Skills and
Experience:
Experience:
The CFO requires good practical knowledge of and experience in the
financial services sector and the foresight to see how the intricate day-to-day
finance and accounting activities link with and support the achievement of the
vision and mission of the EFC. In this regard, specific qualifications and
requirements include:
financial services sector and the foresight to see how the intricate day-to-day
finance and accounting activities link with and support the achievement of the
vision and mission of the EFC. In this regard, specific qualifications and
requirements include:
- Bachelor’s
Degree in Accounting or Finance and satisfactory completion of
professional certification - Minimum
three years relevant senior management/executive experience in a financial
institution; - Ability
to manage multiple priorities and deadlines; - Excellent
oral and written communication skills; - Excellent
problem solving skills; - Effective
leadership, conflict management and negotiation skills.
How to Apply:
All suitably qualified and interested candidates are encouraged to send
a letter of interest explaining their motivation for the position applied for
together with their Curriculum Vitae, three professional references and copies
of academic certificates/diplomas. The complete applications must be sent via
E-mail only to: HR_OFFICER@efcug.com.
a letter of interest explaining their motivation for the position applied for
together with their Curriculum Vitae, three professional references and copies
of academic certificates/diplomas. The complete applications must be sent via
E-mail only to: HR_OFFICER@efcug.com.
NB: The job title should
be included in the subject of each application.
be included in the subject of each application.
Deadline: 3rd February 2018 by
02:00 PM
02:00 PM
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