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Job Title:  Finance Manager  

Organisation: Bellazuri Limited

Duty Station: Kampala, Uganda

Reports to: Managing Director/Company Executives

About Organisation:

Bellazuri Limited is a Ugandan company based in Kampala, specializing in the manufacturing of high-quality cosmetic and skin care products with German Technology. The company aims to provide affordable, locally made products and maintains stringent quality standards through careful ingredient selection and an experienced production team. Our state-of-the-art factory features advanced equipment from IKA, a reputable German supplier with over a century of expertise. Bellazuri is recognized as a leading name in the beauty industry and is focused on ensuring the successful expansion of its market in the African region as well as Europe and America.

Job Summary:   The Finance Manager is responsible for overseeing the financial health of the organization by managing budgeting, forecasting, finical reporting, and maintaining regulatory compliance. He/she plays a key role in strategic planning, cost control, and ensuring financial sustainability. This role requires strong financial planning, budgeting, and cost management skills, particularly in raw material procurement, production costs, and supply chain finance.

Key Duties and Responsibilities:

Financial Planning & Analysis:

• Develop and oversee financial strategies to optimize profitability
• Prepare and monitor budgets, financial forecasts, and cash flow management
• Analyse financial data to provide insights for business growth and operational efficiency

Cost & Inventory Management:

• Track and control production costs, raw material pricing, and supply chain expenses
• Work closely with the procurement team to negotiate cost-effective supplier agreements
• Manage inventory valuation and ensure accurate financial reporting of stock levels

Compliance and Risk Management:

• Ensure adherence to tax regulations, financial reporting standards, and industry-specific compliance requirements.
• Implement internal controls to mitigate financial risks and fraud.
• Handle audits (internal & external) and ensure accurate financial record-keeping

Financial Reporting & Stakeholder Communication:

• Prepare financial statements, management reports, and investor presentations.
• Provide insights on pricing strategies and profit margins for new product launches
• Collaborate with department heads to align financial strategies with company goals

Treasury & Cash Flow Management:

• Optimize cash flow and working capital for smooth manufacturing operations.
• Oversee bank relationships, funding requirements, and investment planning

Key Performance Indicators (KPIs):

• Budget accuracy and cost variance analysis
• Production cost efficiency and margin improvement
• Cash flow optimization and working capital management
• Profitability of new product lines and pricing strategy effectiveness

Qualifications, Skills and Experience:

• Bachelor’s or master’s degree in finance, Accounting, or a related field.
• CPA, ACCA, CFA, or similar financial certification preferred
• Experience in the cosmetics, FMCG, or manufacturing industry is a plus.
• Strong knowledge of cost accounting, financial modelling, and ERP systems
• Excellent analytical, leadership, and communication skills.
• 5– 10+ years of experience in the Finance and accounting roles, preferably within the cosmetics or consumer goods industry

Competencies:

• Strategic thinking and business acumen
• Results-oriented with strong problem-solving abilities
• Adaptability and cultural sensitivity
• Strong organizational and multitasking skills

Work Environment:

• Fast-paced, dynamic environment with tight deadlines
• May require occasional travel for trade shows, events, and collaborations

How to Apply:

Interested persons who meet the above qualifications should send copies of their CVs and academic transcripts to our HR department: recruitments@bellazuri.ug

Deadline: 21st February, 2025

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