Financial Manager, Cost & Budgeting Employment Opportunity – Pride Microfinance Limited (MDI) (Pride)

 

Job Title:    Financial Manager, Cost
& Budgeting

Organisation: Pride
Microfinance Limited (MDI) (Pride)

Duty Station:  Kampala,
Uganda

 

About US:

Pride Microfinance
Limited (MDI) (Pride) is the leading Microfinance Deposit Taking Institution in
Uganda with 34 networked branches and 10 contact offices countrywide, an equal
opportunity employer and regulated by Bank of Uganda under the MDI Act, 2003.

 

Job Summary:  The Financial Manager, Cost & Budgeting
will establish and maintain financial and budgeting procedures while ensuring
compliance with all regulatory requirements as relating to Pride.

 

Key Duties and Responsibilities:  

 Ensure
proper planning through preparation and monitoring of the annual budget.

·       
Prepare
and communicate budget templates, growth targets and budget cycle.

·       
Analyze
and consolidate all information submitted by departments and branches for
budget formulation.

·       
Communicate
the approved budgets to all stakeholders.

·       
Monitor
the budget to ensure availability of funds for operations.

Oversee the
preparation of Pride’s Management accounts.

·       
Verify
budgeted and actual figure of various line items as well as review the accuracy
of the amounts posted on the various expenditure lines.

Manage and monitor
Pride’s tax and external loan obligations

·       
Compute,
file and remit corporation tax

·       
Deduct,
file and remit WHT

·       
Verify,
file and remit relevant taxes i.e. VAT and LST, 10% Excise duty etc

·       
Verify
reconciliation schedules and remittance of stamp duty

·       
Verify
agreements to capture all terms e.g. interest rates, principal and tenure of
the loan

·       
Verify
postings in the general ledger and reconciliation schedules

·       
Ensure
remittance of interest and principal.

Ensure efficient
management of Pride’s fixed assets register

·       
Verify
asset cost in the general ledger and ensure their registration in the FAR in
all locations.

·       
Review
the general ledger and FAR to ensure that they are tallying (cost, depreciation
and accumulated depreciation and also ensure accuracy of the system

·       
Oversee
the physical verification of assets in all locations to ensure availability of
assets as well as ensure that they are properly engraved

·       
Oversee
the write off of obsolete and damaged assets upon approval by the Board

Manage all supplier
payments through timely verification of all the payment documents to ensure
timely and accurate payment of vendors as well as accurate statutory and
regulatory financial reporting.

·       
Verify
all payment vouchers and documents to ensure accuracy and that all necessary

·       
Ensure
postings of payment on general ledgers.

Lead and manage the
performance and development of the Finance Department staff.

·       
Participate
in recruitment and selection of staff.

·       
Identify
skill and competency gaps and recommend appropriate training and development.

·       
Monitor
performance and carry out periodical performance appraisals.

Monthly update and
verification of Right of Use Assets (Lease schedule).

 


Qualifications, Skills and Experience:

·       
The
applicant for the Pride Microfinance Limited (MDI) (Pride) Financial Manager,
Cost & Budgeting job opportunity must hold a Bachelor’s degree in Commerce,
Business Administration or in any other relevant/related field majoring in
accounting or finance.

·       
Professional
qualification such as ACCA or CPA

·       
A
minimum of four years of experience working in a similar position or in a
related environment

·       
Age Limit: 40 Years

 

How to Apply:

If you believe you
have the necessary skills and experience, apply immediately using the online
link below.

 

Click
Here

 

Deadline: 30th January 2021

 

For more of the
latest jobs, please visit 
https://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline

 

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