Summary
Date Posted: Friday, April 01, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Description
Role: Financial Planning & Reporting Manager
Department: Finance
Reports To: Chief Financial Officer/Head of Finance
Direct Reports: Senior Accountant/ Accountant
Labour Grade: 5
Closing date: Open until the position is filled

Job Summary/ Purpose:
To support the CFO in the delivery of strategic and timely business insights by ensuring that reports on financial performance are promptly and accurately prepared and delivered to both internal and external stakeholders.
To oversee the provision of financial decision support services to business division leaders by ensuring that timely, accurate and tailored financial information is proactively generated and provided. To lead in the annual budgeting and planning exercise for the Group.
What you will learn from this job
• How to develop and understand Tugende’s key financial assumptions and trends that impact performance.
• How to build liaison and work interfaces between Tugende’s finance and operations team.
• Understand key financial data points required for management decisions and how to minimize financial statements and other risks that may exist.

Key Duties and Responsibilities
Planning and Analysis
• Drive the annual budgeting and business planning process and provide guidance to Decision Support partners.
• Prepare medium- and long-term Business Plans as well as monthly forecasts {Income Statement, Balance Sheet, and Cash Flow forecasts}
• Prepare investment cases for review by Senior Management – New products, New Markets
Business Optimization
• Work directly with the CFO and other senior staff on major finance projects and ventures or alliances that have a significant financial impact for example Implementation of ERP Systems & Planning Tools
• Develop an effective framework for the structuring and negotiation of customer and supplier contracts, providing financial and commercial input as appropriate
• Support and advice on pricing models for new and existing business
• Research programs, capabilities, and processes of best-in-class competitors, vendors, and industry experts to identify best practices.
• Define and establish projects and initiatives that will improve efficiencies across governance, reporting, planning, and project management.
Reporting
• Oversee the reporting of monthly financial results of the Group including monthly consolidation
• Reviews and reports on the financial performance of the various business segments. Makes appropriate recommendations
• Review performance with Group Heads/Line Managers and identify drivers and improve performance within their divisions. Work with Business Partners to ensure that agreed initiatives are implemented
• Prepare monthly updates to the Board and Shareholders on both financial and non-financial metrics.
• Manage investor due diligence process, with advance preparations and having data available to be able to plan ahead for the investors' demands.
• Coordinate investment transactions closure - making follow-ups, on documents, signatures, updating stakeholders, and managing all post-deal procedures.
• Coordinate the preparation of board committees’ packs
Risk Management
• Oversee compliance and implementation for group businesses, and lead the first line of defense, on policies and remediation of operational risks.
• Ensure communication of findings and a mediation plan in place.

Requirements
Qualification, Knowledge & abilities, Experience, and skills;
• Minimum of Bachelor’s Degree in a quantitative field
• MBA or Master's Degree in a related discipline is desirable
• Should possess an advanced professional certification such as CPA, ACCA, ICAEW, CIMA, CFA
• Minimum of 6 years of relevant experience at least 3 of which should be at a managerial level.
• Experience with Microsoft Dynamics 365 - ERP systems would be highly desirable.
• Analytical skills with a keen eye for detail.
• Adopt and champion the values that Tugende stands for Integrity, Empathy, Teamwork, Solutions-Oriented, and Always growing

Technical Competencies
Budget Planning & Implementation
• Turnaround time of budget preparation
• Number and value of budget deviations
Business Partnering
• Ability to proactively identify business financial needs
• Timely resolution of financial issues
• Relevance of recommendations to business
• Effective allocation of Finance Decision Support Partners
• Number of business losses made due to wrong or high-risk financial decisions taken
• Provide Feedback from Group Heads/Line managers
Financial Reporting
• Timeliness, completeness, and accuracy of monthly management reports
• Timeliness and accuracy of segmental reports as well as project and product financial reports
• Delays in decision-making caused by inaccurate financial statements or management reports
Financial Controls
• Keep up-to-date financial policies and procedures and advice on process improvements.
• Ensuring compliance with regulations and rules and established policies and procedures.
Assets Management
• Accuracy of records
• Effective monitoring of income and expenditure

Benefits
Career Trajectory: This is a senior role with significant potential to grow as the business expands. You can be promoted to Regional Finance and planning Manager, Group Finance and planning Manager, Head of Finance, Group Head of Finance, Country Chief Financial Officer, Regional Chief Financial Officer, and Group Chief Financial Officer.
Meaningful Work: Tugende’s work gives entrepreneurs the opportunity to earn a better living for themselves and their families. We are changing East Africa’s asset-finance industry by building a sustainable business that ignites financial inclusion and development. Join this movement!
Great Team: Tugende has a smart, fun, and growing team of ~750 employees. We take our work seriously, but love to joke and have fun. We regularly have fully-paid, voluntary team outings, as well as fun parties for our customers. Our headquarters are in Kampala, Uganda and we are rapidly expanding in East Africa.
Hours and compensation: This position is for an ambitious, full-time employee who will take on additional responsibilities and projects as they arise. Tugende offers competitive salaries and benefits that reflect a person’s contributions to the company’s mission and growth.

Work Hours: 8

Experience in Months: 72

Level of Education: Bachelor Degree

Job application procedure
Use the link below to apply.
https://apply.workable.com/tugende/j/114705241A

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