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Job Title:  Finance Manager   

Organisation: Yalelo (U) Limited

Duty Station: Kampala, Uganda

Reports to: Head of Finance

About the Company:

Yalelo (U) Limited is a tilapia fish farm that was established in Uganda in 2019. The farm is located in Butembe, Buikwe district on the shores of Lake Victoria. Yalelo Uganda is a subsidiary of First Wave Group B.V; a Dutch company with a portfolio of aquaculture related assets in Africa. First Wave Group owns and operates Yalelo Zambia, a pioneer of Aquaculture founded in 2011 that has grown quickly to become the leading fish farm in Zambia and among the largest aquaculture farms in Africa.

Job Summary:   The purpose of the Job is to take a lead in financial management including credit control, treasury, financing, accounts payable, assets, master data, statutory reporting and insurance activities. The role pays heed to managing the company’s financial risk, balance sheet risk, credit risk and liquidity risk. This role will be based at the Kampala head office.

Key Duties and Responsibilities:

Prepare statutory financial statements for Yalelo Uganda.

Act as the custodian for the Interim and final external audit planning.

Ensure that the monthly Credit Committee meetings are planned, that the credit control function is well prepared for the meetings.

Prepare the monthly cash conversion report, review the full year cash flow forecast and prepare the yearly cash flow budget.

Ensure that all direct reports understand and comply with IFRS.

Engage with Banks, inter-companies, External Auditors, Suppliers, Veris Treasury and Customers to resolve issues and protect YU’s interests.

Act as the Business Process Owner (BPO) owner for the assigned Internal controls.

Ultimate custodian for all balance sheet accounts in the trial balance as well as Income statement.

Act as the Manager for YU Insurance portfolio in terms of risks and premiums for all insurable risks.

Qualifications, Skills and Experience:

A minimum of second-class upper bachelor’s degree in Accounting and related field.

A full Professional qualification (ACCA, CPA).

Top 4 audit firm experience is an added advantage.

D365 Knowledge is an added advantage.

At least five years of related work experience.

Sound knowledge of IFRS.

Good understanding of internal controls.

Strong mental & physical stamina.

Highly motivated, results driven, responsible and accountable.

Self-sufficient, capable of independent decision making.

How to Apply:




Interested candidates should send their applications, resumes, and certified academic documents as one pdf document to: careers@yalelo.ug

Deadline: 4th October 2024.

NB: Only shortlisted candidates will be contacted. Yalelo Uganda is an equal opportunities employer. All candidates who meet the requirements are highly encouraged to apply. Yalelo Uganda doesn’t solicit any monies at any stage of the recruitment process

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