Job Title: Finance Manager
Organisation: Piston Medical Limited
Duty Station: Kampala, Uganda
Reports to: Managing Director
About US:
Piston Medical Limited (PML) was established in 2020 by the proprietors of VVSAOL Investment Limited, a leading distributor of medicine, medical equipment and sundry supplies in Uganda and across the region. PML is a large-scale pharmaceutical manufacturing company based in Namanve Industrial Park, Mukono, Uganda. The company is specialising in manufacturing and distributing Large and Small parenteral (Intravenous Fluids) medicines.
Job Summary: The Finance Manager will oversee and manage all financial activities within Piston Medical ltd. He/she plays a crucial role in ensuring the financial health and stability of the company by providing strategic financial guidance and implementing sound financial practices.
Key Duties and Responsibilities:
Financial Planning and Analysis:
- Develop and implement financial strategies, goals, and objectives in alignment with the overall business objectives.
- Prepare and analyze financial reports, budgets, and forecasts to provide accurate financial insights and recommendations to the senior management team.
- Conduct financial risk assessments and evaluate investment opportunities to support decision-making processes.
Financial Reporting and Compliance:
- Ensure accurate and timely preparation of financial statements, including income statements, balance sheets, and cash flow statements, in accordance with applicable accounting standards.
- Oversee the internal and external audit processes, ensuring compliance with regulatory requirements and company policies.
- Maintain a strong internal control environment to safeguard company assets and mitigate financial risks.
Cash Flow Management:
- Monitor and manage the company’s cash flow, including cash inflows and outflows, to optimize working capital and liquidity.
- Develop and implement effective cash management strategies, including
- forecasting, cash flow projections, and risk management techniques.
- Collaborate with other departments to streamline financial processes, improve cash flow efficiency, and reduce costs.
Financial Decision Support:
- Provide financial insights and analysis to support strategic decision-making processes, such as pricing, product development, capital investments, and cost management.
- Conduct financial feasibility studies and ROI analysis for potential projects or investments.
- Collaborate with cross-functional teams to evaluate business performance and identify areas for improvement.
Team Management.
- Lead and manage a team by providing guidance, coaching, and performance evaluations.
- Foster a collaborative and high-performance work culture, promoting continuous learning and professional development within the finance team.
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s degree in finance, accounting, or a related field.
- Professional certifications: MBA or CPA, ACCA, CIMA. Required
- Three years of related work experience
- Experience in the pharmaceutical industry is a plus
How to Apply:
All candidates should send their applications and updated CVs to [email protected]
Deadline: 2nd September 2023
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