Summary
Date Posted: Friday, September 11, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
About us: Bidco Uganda Limited (BUL) is a leading FMCG company with modern edible oil refinery, soap & detergent plants in Masese Jinja. BUL has also developed over ten thousand hectares of palm plantations at Bugala islands in Kalangala as a backward integration geared to serve the market with established brands of fortified oils, fats & hygienic products.
The company is an associate of Wilmar International limited which is the world's leading processor, merchandiser & distributor of edible oils, oilseeds & related products. We are seeking a competent candidate to fill the position of Assistant Chief Finance Officer. .

Position: Assistant Chief Finance Officer
Duty Staton: Jinja, Uganda
Report: Chief Finance Officer & General Manager

Role Summary:
The job holder will be responsible for assisting CFO to take responsibility for the financial stewardship of all operations in Uganda. Together with the Management Team to set objectives for the various business units in line with group strategy. Assist the CFO to liaise with Joint Venture partners on strategic issues and decisions.

Key Duties and Responsibilities
Strategy development, implementation and alignment
• Assist the CFO and function heads to formulate future direction, strategy and supporting tactical initiatives for Uganda (this includes fostering and cultivating internal and external stakeholder relationships)
• Monitor and direct the implementation of strategic business plans and develop finance strategies and objectives aligned to these plans
• Develop financial operating performance measures that support the company's strategic direction in alignment with group performance reporting requirements
Financial reporting
• Ensure accurate and timely preparation of financial reports, forecasts and business performance analysis
• Ensure processes are in place to complete Management Accounts, Group Reporting Package and other Group Reporting requirements on a timely and accurate basis; investigate problem areas and develop action plans to address and remediate them
Budget setting, management and forecasting
• Drive and facilitate budgeting process with input from different cost centres
• Ensure timely identification of variances to budget to be able to drive the correct behaviours to achieve financial objectives
• Provide updated rolling six monthly forecast
Governance and Compliance
• Externally, comply and adhere to all regulatory compliance and legislation to protect and reflect the financial position and reputation of the company.
• Internally, set standards, monitor compliance whilst holding individuals accountable; regularly assess standards for relevance Company Secretarial:
• Ensure timely compliance of matters related to issue of shares, its transfer, transmission etc. & up to date maintenance of records relating to members, their shareholdings etc, & other statutory records prescribed under the Companies Act.
• Ensure timely & correct filing of various forms, returns etc. with the office of Registrar of Companies & related compliances. Risk Management
• Understand and evaluate the company's risk profile and, together with the CFO, GM, Regional CEO, Wilmar Africa CFO and Joint Venture Partners develop and implement action plans and mitigation strategies
Stakeholder Relations
• Engage with the CFO to represent the company internally and externally on Finance matters
• Lead by example in building strong internal and external relationships, displaying excellent abilities to initiate strategic dialogue and listen, advise, influence, negotiate and make presentations at all levels
• Liaise with Joint Venture partners on results presentations and to gain approvals for items reserved for their decisions, e.g. investments and strategy items. People Management:
• To ensure all people management is executed according to Wilmar practices and principles, in terms of recruitment, training and development, remuneration, performance management and change management.
• Drive and instill Wilmar's values at all levels
HSEQ:
• To ensure constant adherence and compliance to company HSEQ and security standards, local by-laws, standards and legislation to minimize all risk pertaining to company assets and protection of life.
CONTEXT AND ENVIRONMENT
• Highly entrepreneurial organization.
• Travel will be required within Uganda and Rwanda and Internationally. Uganda operations are spread out with the plantation being 7-hour drive from the HQ.
• Required to work with JV (Joint Venture) partners and align their vision and goals to those of Wilmar, specifically in relation to staffing, systems and controls
• Strong requirement to influence across Wilmar and partners
ACCOUNTABILITIES
• The jobholder is accountable for developing a financial and operational strategy, as well as metrics tied to that strategy, team leadership, budgeting, forecasting, reporting, general ledger production, creditors' and debtors payments, financial MIS, statutory compliance (local and cross-border), internal and external stakeholder engagement, shared responsibility with Regional Treasurer for capital allocation, cash flow, funds management and foreign exchange exposure, and Head of IT to ensure fit for purpose technology to support the business.

Qualifications, Skills and Experience
• Chartered Accountant (CA) / CPA (essential)
• Master's degree in Finance or business (preferred)
• 12+ years proven professional and leadership experience in a senior finance function
• Sound financial reporting skills, including solid experience and exposure to IFRS and auditing standards
• Mergers & Acquisitions experience (preferred)
• Comprehensive risk management and compliance skills, including knowledge of relevant legislation (e.g. Companies Act and exchange control legislation)
• Solid knowledge of local and international taxation practices, including deal structuring ERP system knowledge (SAP knowledge advantageous)
• Commodity trading, processing and/or manufacturing experience (preferred)
• Experience of working into Africa (preferred)
• Solid knowledge of the MS Office Suite, SAP and/or comparable ERP • Track record of strong integrity and ethics
• Critical behavioural competencies required: Strategic Leadership, Judgement and Decision-making, Influencing and Negotiation, Business Insight, Financial Acumen, Practical Execution Management, Monitoring.

Job Education: Not Specified

Job Experience: Not Specified

Work Hours: 8

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Job application procedure
Interested candidates should submit applications, Resumes & Academic Transcripts/Certificates online via careersbul.co.00 addressed to The Head of Human Resources Bidco Uganda Limited P O Box 1136 Jinja. Deadline for submission is 30th September 2020. Only | shortlisted applicants will be contacted

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