Vacancy title:
Finance Manager
Jobs at:
Educate!Deadline of this Job:
Wednesday, July 26 2023
Summary
Date Posted: Wednesday, July 12 2023, Base Salary: Not Disclosed
JOB DETAILS:
Performance Objectives
Financial Management & Oversight (30%)
• Provide leadership, and financial insights to the finance and accounting areas of the organization, proposing and implementing improvements in operational management processes to increase efficiency.
• Maintain control of the following areas: general ledger, accounts payable, expense reports, and payroll.
• Ensure full compliance with Uganda Revenue Authority, NGO Board and returns requirements and be the key contact with bank support personnel and Tax Advisors
• Ensure accurate and timely financial reporting for decision making and overall responsibility for maintenance of internal control systems
• Collaborate with other contracted finance support teams, and lead finance functions, especially with the budget owners/manager/ Operations team.
• Periodic meetings with the Regional Finance team (Managing Director and CFO) for all Educate! accounting needs and deliverables. Prepare a variety of ad hoc financial scenarios as requested.
Financial Reporting(30%)
• Ensure the monthly budget balances report is up to date and shared with budget holders. Minimize the number of errors from the team reports through constant feedback.
• Confirm expense codes on all requests as they are received, correct where necessary through the budget manager.
• Prepare, analyze, and submit accurate monthly financial and management reports, including; income statement, balance sheet, budget and variance, projections and forecast, and cash flow. Reporting as needed to the regional finance team on Educate! financials
• Coordinate the preparation of the audited financial statements and all tax returns
Financial Control & Accounting(20%)
• Observe and implement all Educate! accounting systems, payments, bookkeeping, statutory filing, revenue management, and improvement of payment systems
• Ensure that all financial transactions are processed accurately, in a timely manner, in accordance with generally accepted accounting principles through the Quickbooks system, identifying and correcting any variances.
• Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
• Manage, oversee, and process all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
• Perform month-end closing procedures, including account reconciliations, and updating schedules.
Budget Management (20%)
• Support budget managers to prepare periodic budgets and provide clarity where needed.
• Ensure budgets are entered into the accounting system.
• Share monthly and quarterly BVA reports with budget holders for ease of planning.
• Monitor the budget memos and update the approved budgets and Quickbooks with the Budget Memos where needed
• Offer periodic training or refresher training to the teams aimed at improving financial management, discipline and accountability as stipulated in our policies and procedures.
Qualifications
• BSc. in Finance, Accounting or Business Administration or Commerce with CPA or ACCA Level II with proficiency in Ms Excel and Quickbooks.
• Finance & Accounting experience working in a non-profit environment.
• 7 years of experience in finance and accounting auditing, and financial analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders). You should also have at least 3 years of managerial experience leading finance teams and cross-function collaborations.
• Proven experience handling $1+ Million annual budgets.
• Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.
• Entrepreneurial drive, proven ability to take ownership, lead the team’s combined learning and a collaborative, data-oriented approach to problem-solving.
• Fits our Five Cultural Tenets. Learn more by looking at Educate!’s culture deck here
Terms
• Salary is commensurate with experience
• Attractive Benefits & Perks including Medical Insurance.
• Location is Kampala, Uganda.
Work Hours: 8
Experience in Months: 84
Level of Education: Bachelor Degree
Job application procedure
• Interested and qualified? Click here to apply
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