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Chief Financial Officer Job Placement – Future Options Consulting Ltd
Job Title: Chief
Financial Officer
Financial Officer
Organisation: Future
Options Consulting Ltd
Options Consulting Ltd
Duty Station: Kampala,
Uganda
Uganda
About US:
Future Options Consulting
Ltd is an online recruitment services which now seeks to recruit on behalf of
its valued client in the Microfinance Industry.
Ltd is an online recruitment services which now seeks to recruit on behalf of
its valued client in the Microfinance Industry.
Job Summary: The Chief Financial Officer will work closely
with the CEO and the senior management team in developing the Microfinance’s
strategic plan. The CFO will act as the primary liaison to the board of
directors’ finance committee, working closely with the committee to strengthen
the Microfinance financial position and other items as required. S/he will
continually evaluate best industry practices in comparison to internal systems
and needed resources, with an eye toward both future needs and budget realities
with the CEO and the senior management team in developing the Microfinance’s
strategic plan. The CFO will act as the primary liaison to the board of
directors’ finance committee, working closely with the committee to strengthen
the Microfinance financial position and other items as required. S/he will
continually evaluate best industry practices in comparison to internal systems
and needed resources, with an eye toward both future needs and budget realities
Key Duties and Responsibilities:
- Design, implement and monitor internal and financial controls to
maintain a strong environment of internal control and risk management. - Coordinate the statutory audit process and maintain relationship
with auditors and tax consultants. - Ensure that BoU compliance and reporting obligations are met and
accurate returns submitted on timely basis. URA tax obligations met – VAT,
WHT, payroll taxes and corporation tax. - Closely manage and reconcile the General Ledger Balance
- Closely monitor the Exception reports to track anomalies
- Oversee the tax planning and management process to optimize costs
- Maintain the Balance sheet and capital adequacy ratios within target
and regulation. - Design and implement an effective ALCO policy with the requisite
ALCO Committee function to better manage liquidity risk with clear
forecasts, trends and stress test scenarios that gives management
assurance of the financial health - Oversee the budgeting and year plan process.
- Perform Revenue assurance to minimize revenue leakage and identify
any anomalies on a timely basis. - Closely monitor Opex and Capex to maintain budgetary control, and
seek ways of reducing costs. - Ensure timely and effective response to growing demands from board
management and other departments for enhanced analysis and reporting;
inRegular liaison with business, marketing, sales and strategy on trend
analysis for input into continuous planning and forecasting process,
System benefits realization to ensure maximum utilization of MIS to inform
decision making including board reports - Regular liaison with business, marketing, sales and strategy on trend
analysis for input into continuous planning and forecasting process,
System benefits realization to ensure maximum utilization of MIS to inform
decision making. - Carry out Investment analysis and monitoring: Support business
development and Projects teams with accurate investment analysis to
improve the quality of decision making. Active forecast model to enhance
decision making. - Have the overall responsibility for recruitment, retention,
performance and staff development of the finance team - Work scheduling, organization and planning; Leave management
Qualifications, Skills and Experience:
- The applicant must hold a Postgraduate degree
- CPA, ACCA or other internationally reknown Accounting qualifications
- Bachelors Degree in Finance, Accounting
- Seven years of overall relevant work experience, a minimum 4 of
which should have been a senior management position in a retail bank or MF
organization handling a large portfolio - Experience in complex accounting and finance system, including
reporting, budgeting, audit and compliance - Experience with managing teams of culturally diverse employees,
capacity building and training finance staff - Advanced knowledge of standard banking compliance regulations,
banking law, business law, employment and labour law, internal operational
policies and procedures, and banking products and services. - Proven track record in maintaining close contact with senior
Government officials, law enforcing organizations and financial
institutions in Uganda. - Excellent cross cultural people management skills.
- Familiar with financial product development and effective financial
product management skills. - Exceptional oral and written communication skills with the ability
to communicate clearly and persuasively, interpret documents, understand
procedures, write reports and correspondence, and speak clearly to third parties
and employees. - Ideally domiciled in Uganda.
- Strong leadership and team building skill with proven experience in
developing and maintaining a strong senior management team - Willing to travel both within and outside the country
How to Apply:
All interested
candidates are invited to send their applications enclosing curriculum vitae,
copies of academic and professional certificates along with the names and
contacts of three referees. Applications should be sent by post, courier, hand
delivery or e-mail to the address given below; The Director, Executive
Recruitment, Future Options Consulting Ltd, 4th Floor, DTB Centre, Kampala
Road, P.O. Box: 34934, Kampala, Uganda. Phone: +256-414-231204/206, Email:
hr@futureoptionsug.com
candidates are invited to send their applications enclosing curriculum vitae,
copies of academic and professional certificates along with the names and
contacts of three referees. Applications should be sent by post, courier, hand
delivery or e-mail to the address given below; The Director, Executive
Recruitment, Future Options Consulting Ltd, 4th Floor, DTB Centre, Kampala
Road, P.O. Box: 34934, Kampala, Uganda. Phone: +256-414-231204/206, Email:
hr@futureoptionsug.com
Deadline: 25th November 2018
For more of the
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latest jobs, please visit https://www.theugandanjobline.com or
find us on our facebook page https://www.facebook.com/UgandanJobline