Head of Finance Job Vacancy – UGAFODE Microfinance Limited (MDI)

Job Title:    Head
of Finance

Organization: UGAFODE Microfinance Limited
Duty Station: Kampala, Uganda
Reports to: Chief Executive Officer
Ref: HR/STAFF/VAC
– 01/25/8/20
About US:
UGAFODE Microfinance Limited (MDI) is a registered financial institution in Uganda and is adherent to the Central Bank’s regulations and guidelines and was founded in 1994 to provide quality microfinance services.
Job Summary:  Reporting to the Chief Executive Officer, the
Head of Finance is responsible for financial planning, management and control,
encompassing statutory, regulatory and financial reporting. Strengthening the
control environment to ensure the integrity of all financial information,
managing and planning for the institution’s tax exposure from a compliance and
risk perspective.
Key Duties and Responsibilities:  
·       
Strategy: Leads the process of strategy
formulation by planning, forecasting and preparing annual
·       
budgets and the strategic business plan in line
with the CEO and Board/agreed direction for the company.
·       
Financial Reporting: Provides timely and
accurate financial information including Financial
·       
Reporting to all stakeholders including the
Board & regulatory bodies in accordance with regulatory and statutory
requirements.
·       
Operations: Initiates, formulates and implements
accounting policies and procedures ensuring that all accounting records are
maintained in accordance with generally accepted accounting principles(GAAP),
IFRS, MDI ACT, MDI Regulations and company policies and procedures.
·       
Funding and Investment Analysis: Conducts
capital planning strategies and manages the effective allocation of capital by
controlling the finances of the institution and suggesting the best sources of
funds as well as providing guidance on investment of excess liquidity and
surplus funds in profitable and safe ventures among others. Also ensures
UGAFODE’s operations are conducted in conformity to capital requirements as
stipulated in the MDI Act, 2003 as well the capital adequacy benchmarks
required by Bank of Uganda.
·       
Treasury Management: Provides input to Treasury
Investment appraisals and analysis against
·       
return while ensuring adequate liquidity for
loan disbursements and operational expenses throughout the company’s network.
·       
Risk Management: Manages all risk associated
with financial data integrity, compliance with tax authority and financial
institutions regulation and insurance of company assets so as to protect the
institution from related breaches.
·       
Support to SMT: Offers guidance to the
management team to ensure delivery of the operational
·       
business plans including input to high level
business development plans and capital expenditure requirements to support
growth across the institution.
·       
Approval of all payments: Co-signatory on all
payments to and against the institution in line with
·       
UGAFODE internal and external requirements as
well as regulatory and best practices in management accounting.
·       
Team Leadership: Takes full responsibility for
performance management of all direct reports,
·       
focusing on all aspects of sound people
management e.g. Recruitment, Development, Performance Management, Career path
planning, On-the-job training, coaching & mentoring and employee engagement
etc.
Qualifications, Skills and Experience:
·       
Minimum of Bachelor’s degree preferably in
Accounting, Finance, Business or Commerce
·       
Qualified in professional accounting
qualification e.g. ACCA. CPA is a MUST.
·       
Master in Business Administration (MBA) is an
added advantage
·       
At least 5 years’ experience in finance and
preferably 2 years in finance at management level of an MDI/MDI or Bank
·       
Strong team leader with good communication,
negotiation, influencing and interpersonal systems.
·       
Ability to motivate, supervise and develop
others.
·       
Problem solver with strong analytical and
numeracy skills.
·       
Proactive self-starter with strong
organizational and time management skills.
·       
Ability to operate at strategic level in
addition to delivering at an operational level.
·       
Excellent knowledge of IFRS, Uganda tax
legislation and MDI Act.
·       
Good computer literacy with excellent use of MS
Office – Excel, Word, PowerPoint, and experience in use of accounting software
and management information skills. 
How to Apply:
If you believe you meet the requirements as stated, submit
an application letter together with an up-to-date CV to our email:
recruitment@ugafode.co.ug. Please indicate the job title and vacancy reference number
for the job you are applying for in the Email Subject Line. Your applications
should be addressed to the Head of Human Resources
Deadline: 8th
September 2020


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