Summary
Date Posted: Monday, September 25 2023, Base Salary: Not Disclosed

JOB DETAILS:

Job Summary:
The Director, Finance & Administration is responsible for ensuring that the Authority has the financial, human and other support resources required to support effective and efficient implementation of its approved work plan activities and its strategic objectives. Specific

Responsibilities:
• Developing & putting in place financial control systems, human resource and administrative policy manuals and procedures in accordance with government regulations, and professional accounting standards while ensuring their effective operationalization once approved by the Board.
■ Advising the Board and the Director General of key Financial and administrative issues to enable them undertake timely and effective decisions.
• Ensuring preparation of annual budgets and departmental work plans that optimize the resources available to the financial commitments of UIA in compliance with the provisions of the Public Finance Management Act 2015.
• Participating in strategy formulation, implementation and monitoring of performance of the Authority in line with the approved strategic plan.
• Supporting the Board and the Director General to mobilize funds to enable implementation of the Authority's mandate.
• Preparation of departmental Cash limit distributions for management approval while ensuring timely Disbursement of funds to enable effective
• implementation of approved work plans and budgetary discipline.
• Supervision of the Preparation of periodic financial reports within the statutory deadlines in accordance with the Government Treasury Instructions 2017 and the PFM ACT 2015 prepare quarterly reports.
• Undertaking an advisory role to both the Board of Directors and Management on the financial performance of UIA in accordance with the approved budgets and reporting guidelines.
• Ensure proper maintenance of accounting records. effective book keeping and other documentation, and record all financial transactions of UIA in line with Government financial procedures and accounting standards.
• Reviewing and analyzing that all the financial commitments and payments by UIA are properly authorized, settled in a timely manner in accordance with approved financial procedures.
• Supervise the collection and banking of all revenues due to UIA in accordance with the financial procedures.
• Supervise the Preparation of quarterly reports and advice Management on the financial performance of UIA in accordance with the approved budgets and reporting guidelines.
• Supervise the preparation of the Annual State of Investment Report in collaboration with all departments and in accordance with the Investment Code Act, 2019
• Liaising with the office of the Auditor General for the conduct of audits and preparation of audit reports in accordance with Government reporting standards.
• Ensuring safe custody of all assets of the authority and ensure that regular stock taking exercises are undertaken at least once every year.
• Ensuring that the Authority has the calibre of staff
• needed to execute its mandate at all times while providing cost-effective administrative support services to all departments.
• Directing, supervising, motivating, developing and appraising departmental staff.
• Perform any other duties that may be assigned by the Board and Director General

Key Result Areas:
• Annual Budgets formulated and approved
■Financial, HR and Administrative Manuals approved and operationalized
• Cost-effective systems and procedures in place and operationalized
• Resources to support planned activities available and disbursed in a timely manner
• Staff development plans being implemented to ensure availability of requisite staff
• Financial reporting and accountability provided in a timely manner, in conformity with the Public Finance Management Act 2015.

Required Competences:
• Must have a Master's Degree in Business Administration, Financial Management, Finance and Accounting and economics from a recognized. accredited and reputable Institution
• He/she must have at least Ten (10) years of experience in accounting and financial management with at least three (3) years at Senior Management level in a reputable organization.
• Minimum of four years' experience within a government setting advising the institution on Budgeting, financial management and financial reporting respectively.
• He/she should possess an Honours Degree of Commerce (Accounting option), Accounting and Business Administration (Accounting option) from a recognized University.
• Possession of professional qualification like ACCA or CPA is a MUST.
• Proven strong leadership and management skills including strategic thinking and planning, team building, direction and supervision.
• Proven experience with planning, implementation and coordination of institutional work plans, projects and programs.
• Strong communication, networking, advocacy and negotiation skills.
• Proven integrity and wise judgment.
• Proven knowledge of the Public Finance Management Act 2015.
• Certificates in computerized finance and accounting packages.



Work Hours: 8

Experience in Months: 120

Level of Education: Postgraduate Degree

Job application procedure

Qualified and interested candidates are required to apply by sending their applications with updated CVs and Certified Academic Documents not later than Thursday 12th October, 2023 to
The Director General,
Uganda Investment Authority,
Plot 1, Baskerville Avenue Kololo
Opposite City High School.
P.O Box 7418, Kampala.
Interested and qualified candidates are also encouraged to visit the following link http://www.ugandainvest.go.ug. 
Only Shortlisted Candidates will be contacted.

Note:
UIA accepts no liability for incomplete submission, late or misdirected transmission of applications
All academic qualifications will be subjected to verification by the issuing institution
Only short-listed applicants will be contacted for interviews
• Any form of canvassing will lead to automatic disqualification.
Uganda Investment Authority is an equal opportunity employer
Deadline: 12 October, 2023.


All Jobs

QUICK ALERT SUBSCRIPTION