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,


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:  

proper planning through preparation and monitoring of the annual budget.

and communicate budget templates, growth targets and budget cycle.

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

the approved budgets to all stakeholders.

the budget to ensure availability of funds for operations.

Oversee the
preparation of Pride’s Management accounts.

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

file and remit corporation tax

file and remit WHT

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

reconciliation schedules and remittance of stamp duty

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

postings in the general ledger and reconciliation schedules

remittance of interest and principal.

Ensure efficient
management of Pride’s fixed assets register

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

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

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

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.

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

postings of payment on general ledgers.

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

in recruitment and selection of staff.

skill and competency gaps and recommend appropriate training and development.

performance and carry out periodical performance appraisals.

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


Qualifications, Skills and Experience:

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.

qualification such as ACCA or CPA

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.




Deadline: 30th January 2021


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