Search Your Job

Tuesday, April 10, 2018

Finance Manager Job at ACLAIM Africa Limited - Career Opportunity in Uganda

Vacancy title:
Finance Manager

Jobs at:
ACLAIM Africa Limited

Deadline of this Job:
13th April 2018

Duty Station:
Kampala, Uganda

Job details:
Salary Scale: UGX 6,500,000 /=
Reports to: General Manager - Corporate Services
ACLAIM Africa Limited is a leadership and management consulting firm. They would like to recruit for a valuable client, a key player in the Hospitality Industry.
Job Summary: The Finance Manager will ensure that the organisation has a robust and excellent accounting system that enables consistently accurate, timely and reliable financial reporting to meet different stakeholder requirements.
Key Duties and Responsibilities:
Strategy Planning and Implementation:
  • Provide input into the Strategic Planning process.
  •  Design costing profile for the Lodges and advise on pricing to ensure a balance between competitiveness and profitability.
  • Develop budget preparation templates, share with the different department heads and guide them through the budgeting process.
  • Consolidate the different department budgets into a master budget for presentation to Management and the Board Audit Committee.
  •  Relay approved budgets to Accountants for recording in the Accounting Software.
    Financial Accounting and Internal Controls:
  • Support and implement internal control systems that safeguard GLS assets.
  • Lead the receipt, discussion and prioritization of payment requisitions in the weekly cash flow forecasting meetings.
  • Review and approve all payment vouchers with adequate supporting documents.
  • Review all financial transactions recorded in the Accounting Software to ensure that they are accurately, timely and efficiently captured to enhance reliable financial reports for decision-making.
  • Monitor the staff operational advance accounts on a monthly basis to ensure that they are kept at a minimum.
  • Review and approve tax invoices before submission to clients.
  •  Review bank reconciliation statements to ensure that errors or irregularities in the cashbooks or bank accounts are handled timely.
  • Have custody of the external back-ups of financial transactions in the Accounting Software.
  • Ensure that Accountants maintain up to date fixed assets register.
    Management Accounting and Reporting:
  • Review monthly financial reports before being presented to management
  •  Prepare and present analyzed quarterly financial reports to Board Audit Committee.
    Working capital Management:
  • Prepare and monitor quarterly cash flow forecasts.
  •  Take the lead in debtor follow up to ensure alignment to credit policy.
    Tax Management:
  • Review monthly payroll to ensure completeness, accuracy and timeliness
  • Monitor the tax tracker to ensure that Accountants are preparing, submitting and paying all relevant taxes and statutory payments (PAYE, LST, Corporate Tax, VAT and NSSF) timely.
  • Review tax control accounts in Accounting Software to ensure that they are cleared.
  •  Provide technical expertise to the company for tax planning.
    Audit Management:
  • Review all prepared files for statutory external audit before submission to the auditors.
  • Adequately prepare for external and internal audits and offer the required support during the exercise.
  • Follow up and resolve issues raised from external and internal audits.
  • Carry out analysis of audited financial statements and present the same to the BOD Audit Committee.
    People Management:
  • Manage performance of staff supervised including goal setting, regular feedback sessions and appraisals.
  • Obtain understanding and address the training needs of staff supervised.
  • Ensure discipline within the staff supervised.
  • Undertake reasonable requests made by company including flexible hours, location and responsibilities.
  • Ensure knowledge of and compliance to all policies of the company.
  • Adhere to GLS values of excellence, integrity and professionalism.
Key Performance Indicators:
  • Monthly Bank Reconciliation reviewed by 10th date of the following month.
  • Budget approved before the commencement of the year.
  • All monthly statutory returns filed by 10th date of the following month and payment by the 14th of the following month.
  • Accurate and reliable quarterly finance report submitted by the 15th date of the following month.
  • Unqualified opinion in audit report by 30th October of every year.
Qualifications, Skills and Experience:
  • The applicant must hold a Bachelors’ Degree in Accounting or related field
  •  Full ACCA / CPA qualification
  • Six years of accounting experience with minimum 3 in a Managerial position.
  • Excellent oral and written communication skills.
  • Experience in the hospitality sector is an added advantage.
  • Proficiency in use of QuickBooks accounting software.
  • Highly organized and disciplined.
  • High attention to detail.
  • Leader of self and others.
  • Personable and good team player.
  •  Committed to learning and to training others.
Job application procedure
All candidates should apply online at the link below.
Click Here