Summary
Date Posted: Tuesday, July 25 2023, Base Salary: Not Disclosed

JOB DETAILS:
Purpose of Job
Is to implement financial management strategies based on financial management principles, policies, and controls. Providing strategic and advisory support to the Managing Director on business strategy and operational matters related to finance and budget.

Key Responsibilities
• Manage budget preparation process.
• Manage working capital, asset, and liability matching within the approved mandates.
• Preparation and sign-off of monthly Balance Sheet reconciliations. To coordinate and manage the audit process. Preparation and review of Annual Financial Statements.
• To compile and board and related sub-committee packs.
• Provide authoritative, specialist expertise and advice to internal/ external customers, that builds strong relationships and creates a favourable impression aligned to Treating the Customer Fairy (TCF) principles.
• To develop, enhance, implement, and maintain an accurate, efficient, timely, and effective financial reporting system to ensure compliance with group and legislative reporting requirements and within required timelines.
• To implement, enhance and maintain financial control processes throughout the business to identify and mitigate key business risks and ensure timely and complete execution of fiduciary duties.
• To lead, coach and mentor staff across all business pillars in order to
• improve organisational capacity and improve business sustainability. To review, assess and manage the implementation of effective business processes in a proactive manner within agreed timelines across all business units in order to support the
• Drive and implement IFRS 17 transition within Liberty General Insurance Uganda Limited, including the ability to explain changes and variances to the Audit & Risk Committee and the Board in
• detail.
• Resolve internal and extemal audit findings swiftly. Reduce findings over time through enhanced finance processes.
• Be a Strategic partner to the MD in driving growth of the business and meeting financial targets.
• Ensure that the business is Tax compliant and adheres to all Regulatory requests efficiently and effectively.
• Effective management of Debtors and collections.
• Regular company Solvency reviews to ensure Regulatory and Board set limits are met.

Experience
• At least 5 years of working experience in a financial service organization (preference will be given to the insurance sector). At least 5 years' experience in a financial management environment. At least 5 years' experience in managing people.
• Working Experience and knowledge of the SAP accounting system. Proven experience as a Head of Finance or a similar position. Solid understanding of financial management and accounting. Strong analytical and decision-making abilities. Effective leadership qualities.
• Experience in partnering with an executive team and have a high level of written and oral communication skills.

Qualifications
• Qualified CPA (U) fully qualified and ACCA will be added advantage Degree from a recognized University
• At least three years post qualifying experience in a corporate environment.
• Knowledge required
• International Financial Reporting Standards. Exposure to IFRS17 will be an added advantage.
• MS Office Suite (Specifically Advanced Excel and PowerPoint). Professional Business Writing Skills.
• Knowledge of Tax regulations, Insurance Act, the Companies Act, and other relevant legislation.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

Applications accompanied by a detailed CV should be emailed to the following email: info@liberty.co.ug  not later than 4th August 2023
(Please note that if you have not received a reply within 15 days of the closing date, this will mean that your application was unsuccessful)


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