Vacancy title:
Finance Manager (Uganda Based)
Jobs at:
Stir EducationDeadline of this Job:
Thursday, November 30 2023
Summary
Date Posted: Tuesday, November 07 2023, Base Salary: Not Disclosed
JOB DETAILS:
THE OPPORTUNITY – FINANCE MANAGER, UGANDA
Based in Uganda the Finance manager will report to the Principal Associate Head of Finance –Uganda. This role is instrumental to the Finance and Administration efficiency in Uganda as a component of the Global Finance strategy.
ROLES AND RESPONSIBILITIES
To organize and ensure appropriate high integrity of financial management and reporting in line with STiR's values, policies and procedures
• Ensuring Integrity of the Financial Information and Reports is maintained at all times
• Ensure Financial Information is timely updated in the ERP Accounting Software
• Ensure monthly review of accounts and timely submission of budget tracking reports. Working closely with the programme teams to seek explanation for the budget variance report
• Ensuring Safety of Organisational Resources (Financial & Non-Financial) in as far as is applicable is maintained at all times
• Ensuring effective and efficient service delivery to relevant stakeholders with in the position’s mandate
• Liaise with the Principal Head of Finance or any other Designate to respond to all Funder /Donor requirements
• Exhibit and Uphold STiR Values at all times
Payments processing (Vendor payments, Operational support, etc.)
• Review all payments to ensure they are appropriately supported before they are made
• Ensure that contract payments are made in accordance to the contract terms
• Ensure accuracy of all vendor invoices supporting payment requests
• Ensure that all Advances are well Monitored to ensure accurate and timely retirement
• Advance Age analysis, monitoring, reporting and be well accounted for.
Cash and Bank Management
• Ensure Appropriate Receipting of all organisational Incomes
• Ensure Timely and accurate Bank Reconciliations
• Ensure Intact and Timely Banking of all cash resources
• Minimize cash transactions and shift to e money platforms
Tax and Regulatory Compliance
• Liaise with the Principal Associate Head of Finance to ensure full Tax compliance in accordance to the Laws and Regulations of the Republic of Uganda e.g. The Withholding Tax, Payroll Taxes, Income Tax, Stamp duty etc.
• Maintain a compliance Log (Risk Matrix) of all regulatory requirements and ensure full compliance at all times
Governance Reponsibilities
• Supervise the Finance Executives to ensure Finance and STiR objectives are achieved
• Facilitate all audits and reviews of the in country operations and ensure all audit/review recommendations are timely and appropriately actioned
• Ensure that all third party contract terms and conditions are fulfilled at all times e.g. Rent contracts, Insurance etc.
• Facilitate training sessions of the programme team on financial policies and ensure that financial procedures are functioning properly at all times
• Ensure compliance to relevant laws and regulations applicable in country
• General Ledger Reconciliations and forward management to the Principal Head of Finance for timely and appropriate closure of any issues arising
REQUIRED SKILLS AND EXPERIENCE
The ideal candidate has;
• Bachelor’s Degree in accounting or Business related course
• Possession of a Master’s Degree in Accounting or Business related course
• At least level 3 of CPA (U) or ACCA is highly Recommended
• Relevant work experience of 5 years
• Strong identification with STIR values
• Excellent interpersonal and people management skills
• Excellent written and verbal communication skills in English
• Personal commitment to excellence and quality
• Close attention to detail, organised and ability to stick to deadlines and work under pressure
• Honesty and integrity
• Ability to thrive in a fast-paced environment
• Strong planning and project management skills
• Ability to learn and adapt rapidly based on feedback and new information, as well as the ability to communicate this succinctly
• Ability to work across functions and collaborate effectively
• Experience of working in Finance & Administration preferably in the development sector
• Ability to work cross cultures and to coordinate and manage work in different countries and from a distance
REMUNERATION & BENEFITS
A salary of UGX 5,531,336 per month (66,376,032 per annum) will be paid for your service subject to relevant taxes at source) along with Medical Insurance for yourself, spouse and up to two children.
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
Interested applicants?Click here to apply
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