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Financial Controller Jobs – NFT Consult Ltd
Job Title: Financial Controller
Organisation: NFT Consult Ltd
Duty Station: Kampala, Uganda
Reports to: Group Head of Finance
About Organisation:
NFT Consult Ltd is a business process outsourcing firm with offices in Uganda, South Africa, Kenya, Botswana Rwanda, Tanzania, Zambia, Burundi and South Sudan.
About the client
Our client in the manufacturing sector is seeking to recruit a suitable candidate to fill the position of Financial Controller.
Job Summary: The Financial Controller is responsible, for providing financial information, analysis, and insights to support management decision-making while overseeing general accounting procedures and practices within the organization to ensure that accurate data is maintained in the ERP System
Key Duties and Responsibilities:
- Financial Reporting and Analysis – To ensure that the financial data is collected, tracked, and analyzed to provide reports on a monthly, quarterly and yearly basis to aid management make strategic decisions about a company’s operational activities, growth, and future profitability based on its overall financial health and stability major accountabilities.
- Management Reporting – Create reports and dashboards to communicate financial information to different levels of management; and summarize complex financial data into easily understandable formats for non-finance audiences to enable them understand the financial performance of the company.
- Budgeting and Forecasting – To oversee the development and implementation of the NHOP master budget, ensuring that resources are well managed including bu not limited to; Develop budgets and financial forecasts for the organization; monitor actual financial performance against budgeted figures and identify variances; and provide commentary and make recommendations for improvement.
- Cost Management – Calculate and analyze the cost of products; identify cost-saving opportunities and efficiency improvements; and develop and implement cost allocation methods to assign expenses appropriately.
- Pricing – Analyze costs and market conditions to guide pricing discussions.
- Performance Measurement – Develop and implement performance measurement systems to track key metrics and evaluate the success of various initiatives; and provide insights into the factors driving performance and recommend corrective actions.
- Decision Support – Offer financial analysis and modeling to support strategic decisions, such as investment evaluations and capital budgeting; and conduct sensitivity analysis and scenario planning to assess the potential impact of different decisions.
- Risk Management – Assess and manage financial risks, including market risk, credit risk, and operational risk; and develop risk mitigation strategies and recommendations for management.
- Managing Staff – To lead the Production Analysts and the Cost Analyst in a manner that empowers them to efficiently manage the finances of NHOP and deliver excellent customer service.
Other Tasks:
- Fixed asset management and IFRS 16 accounting.
- Production accounting.
- Liaise with inventory manager to ensure safe custody of stock.
- Manage the chart of accounts.
- Support the external audit process.
- Training and developing subordinates
Qualifications, Skills and Experience:
- The applicant must hold a University degree in Finance, Accounting, Statistics, or other courses of a numerate background but must have relevant professional qualification – CPA or ACCA.
- Five years’ experience in a professional audit firm or a manufacturing organization.
- High level of analytical and performance management skills and attention to detail.
- Good computer knowledge, exposure to an ERP environment and reporting tools. Excellent knowledge of spreadsheets and other Microsoft office applications is essential.
- Good understanding of IFRS and Taxation in Uganda.
- Strategic thinking – ability to develop strategies to achieve organizational goals; understand the organization’s strengths and weaknesses; and adopts strategies to changing conditions.
- Good business acumen – understand business implications of decisions; display orientation to profitability and risk management; demonstrate knowledge of market and competition; and align work with strategic goals.
- Good understanding of processes in different business areas.
- Good reporting and communication skills.
- Leadership – exhibit confidence in self and others; inspire and motivate others to perform well; effectively influence actions and opinions of others; inspire respect and trust; provide vision and inspiration to peers and subordinates; and mobilizes others to fulfill the corporate vision.
- Analytical – ability to synthesize complex and/or diverse information, and designs workflows and procedures.
- Team-work – able to balance team and individual responsibilities; and recognize accomplishments of other team members
- Change Management – develops workable change plans; communicates changes effectively; and monitors transition and evaluates results.
How to Apply:
All suitably qualified and interested candidates should apply online through the NFT jobs portal.
Deadline: 20th June 2024
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