Assistant Chief Finance Officer Employment Opportunity – Bidco Uganda Limited

 

Job Title:        Assistant Chief Finance
Officer

Organization:
Bidco Uganda Limited

Duty Station:
Jinja, Uganda

Reports to:
Chief Finance Officer & General Manager

 

About US:

Bidco Uganda Limited
(BUL) is a leading FMCG company with modern edible oil refinery, soap &
detergent plants in Masese Jinja. BUL has also developed over ten thousand
hectares of palm plantations at Bugala islands in Kalangala as a backward
integration geared to serve the market with established brands of fortified
oils, fats & hygienic products. The company is an associate of Wilmar
International limited which is the world’s leading processor, merchandiser
& distributor of edible oils, oilseeds & related products.

 

Job Summary:  The Assistant Chief Finance Officer will be
responsible for assisting CFO to take responsibility for the financial
stewardship of all operations in Uganda. Together with the Management Team to
set objectives for the various business units in line with group strategy.
Assist the CFO to liaise with Joint Venture partners on strategic issues and
decisions.

 

Key Duties and Responsibilities: 

Strategy
development, implementation and alignment

  • Assist the CFO and function heads to formulate future direction,
    strategy and supporting tactical initiatives for Uganda (this includes
    fostering and cultivating internal and external stakeholder relationships)
  • Monitor and direct the implementation of strategic business plans
    and develop finance strategies and objectives aligned to these plans
  • Develop financial operating performance measures that support the
    company’s strategic direction in alignment with group performance
    reporting requirements

Financial reporting

  • Ensure accurate and timely preparation of financial reports,
    forecasts and business performance analysis
  • Ensure processes are in place to complete Management Accounts, Group
    Reporting Package and other Group Reporting requirements on a timely and
    accurate basis; investigate problem areas and develop action plans to
    address and remediate them

Budget setting,
management and forecasting

  • Drive and facilitate budgeting process with input from different
    cost centres
  • Ensure timely identification of variances to budget to be able to
    drive the correct behaviours to achieve financial objectives
  • Provide updated rolling six monthly forecast

Governance and
Compliance

  • Externally, comply and adhere to all regulatory compliance and
    legislation to protect and reflect the financial position and reputation
    of the company.
  • Internally, set standards, monitor compliance whilst holding
    individuals accountable; regularly assess standards for relevance

Company
Secretarial:

  • Ensure timely compliance of matters related to issue of shares, its
    transfer, transmission etc. & up to date maintenance of records
    relating to members, their shareholdings etc, & other statutory
    records prescribed under the Companies Act.
  • Ensure timely & correct filing of various forms, returns etc.
    with the office of Registrar of Companies & related compliances.

Risk Management

  • Understand and evaluate the company’s risk profile and, together
    with the CFO, GM, Regional CEO, Wilmar Africa CFO and Joint Venture Partners
    develop and implement action plans and mitigation strategies

Stakeholder
Relations

  • Engage with the CFO to represent the company internally and
    externally on Finance matters
  • Lead by example in building strong internal and external
    relationships, displaying excellent abilities to initiate strategic
    dialogue and listen, advise, influence, negotiate and make presentations
    at all levels
  • Liaise with Joint Venture partners on results presentations and to
    gain approvals for items reserved for their decisions, e.g. investments
    and strategy items.

People Management:

  • To ensure all people management is executed according to Wilmar
    practices and principles, in terms of recruitment, training and
    development, remuneration, performance management and change management.
  • Drive and instill Wilmar’s values at all levels

HSEQ:

  • To ensure constant adherence and compliance to company HSEQ and
    security standards, local by-laws, standards and legislation to minimize
    all risk pertaining to company assets and protection of life.

 




Qualifications, Skills and Experience: 

  • Chartered Accountant (CA) / CPA (essential)
  • Master’s degree in Finance or business (preferred)
  • 12+ years proven professional and leadership experience in a senior
    finance function
  • Sound financial reporting skills, including solid experience and
    exposure to IFRS and auditing standards
  • Mergers & Acquisitions experience (preferred)
  • Comprehensive risk management and compliance skills, including
    knowledge of relevant legislation (e.g. Companies Act and exchange control
    legislation)
  • Solid knowledge of local and international taxation practices,
    including deal structuring ERP system knowledge (SAP knowledge
    advantageous)
  • Commodity trading, processing and/or manufacturing experience
    (preferred)
  • Experience of working into Africa (preferred)
  • Solid knowledge of the MS Office Suite, SAP and/or comparable ERP •
    Track record of strong integrity and ethics
  • Critical behavioural competencies required: Strategic Leadership,
    Judgement and Decision-making, Influencing and Negotiation, Business
    Insight, Financial Acumen, Practical Execution Management, Monitoring.

 

How to Apply:

All suitably
qualified and interested candidates should submit applications, Resumes &
Academic Transcripts/Certificates online via career@bul.co.ug.  addressed to The Head of Human Resources
Bidco Uganda Limited P O Box 1136 Jinja. Uganda

 

Deadline: 30th September 2020

 

NB: Only shortlisted
applicants will be contacted

 

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