Vacancy title:
Senior Finance Associate
Jobs at:
BritamDeadline of this Job:
16 September 2022
Summary
Date Posted: Monday, September 05, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Job Title: Senior Finance Associate
Reports To: Finance Business Partner AMC Kenya
Department: Finance
Job purpose
The role holder will be responsible for maintaining accurate and complete financial records for Britam Asset Managers (Uganda) Limited and assigned Funds. They will also be responsible for ensuring that all procedures and processes are carried out within the set guidelines and targets as assigned.
Key responsibilities
• Preparation of management and financial reports for Britam Asset Managers Uganda (the company) and assigned funds including; Money Market, Umbrella and Fixed Income Money Market, utilizing a broad knowledge of accounting policies and procedures.
• Monitoring and analyzing costs/ revenues and provide explanations for unusual and/or inconsistent trends.
• Oversee the functions of the monthly, quarterly and annual book close cycles, monitoring timely completion and escalating issues for resolution
• Prepare financial statement schedules, audit support schedules and other reports in a timely manner to facilitate both Internal and External Audits for the Company and the Funds
• Prepare annual financial budgets for board approval and monitor performance against budget.
• Prepare and file the monthly and quarterly returns for the company and the funds to CMA Uganda
• Prepare monthly and annual tax returns to URA and coordinate with the Tax resource to resolve any tax matters for the company and the funds.
• Ensure compliance with statutory and other relevant regulatory bodies including Capital Markets Authority, Uganda Revenue Authority, NSSF
• Suggest process improvement initiatives and provide solutions to enhance internal controls and procedures
• Preparation of the annual financial budgets in collaboration with the business teams.
• Fosters the development of teammates by sharing expertise and experience through training or reviewing their work and provide feedback on performance
• Coordinate the invoicing and timely collection of fund management fees receivable
• Performing any other duties as may be assigned
Knowledge, experience and qualifications required
• Bachelor's degree in Accounting or Finance
• Fully qualified accountant with ACCA or CPA
• Minimum of 3 years working experience in Accounting or Finance, preferably in the Asset Management business
• Must demonstrate attention to detail in a fast-paced work environment and the ability to manage and prioritize multiple projects simultaneously to achieve results.
• Must be able to communicate effectively, leading meetings and interacting with increasingly higher levels of management to gather information and effectively present results/recommendations.
Core competences.
• Presenting and Communicating Information - Speaks fluently, expresses opinions, information and key points of an argument clearly; presents effectively, responds quickly to others 'reactions and feedback during conversations; projects credibility.
• Working with People - Shows respect for the views and contributions of team members; shows empathy; listens, supports and cares for others; consults others and pro-actively shares information and expertise with them; builds team spirit and reconciles conflict; adapts to the team and fits in well.
• Adhering to Principles and Values - Upholds and encourages ethical behavior and departmental values; demonstrates integrity; encourages individual responsibility towards the community and the environment; models the organizational values during every day interactions.
• Analyzing - Analyses numerical data and all other sources of information, breaking them into component parts, patterns and relationships; probes for further information or greater understanding of a problem; makes rational judgments from the available information and analysis; demonstrates an understanding of how one issue may be part of a much larger system/ process / problem.
• Planning and Organizing - Adheres to and monitors clearly defined objectives; plans activities and projects well in advance and takes account of possible changing circumstances; identifies and organizes resources needed to accomplish tasks; manages time effectively; monitors performance against deadlines and milestones.
• Delivering Results and Meeting Customer Expectations - Focuses on customer needs and satisfaction; sets and models high standards for quality and quantity; monitors and maintains quality and productivity; works in a systematic methodical and orderly way; consistently achieves projects goals.
• Deciding and Initiating Action - Takes responsibility for own, as well as subordinates' actions and projects; takes initiative and works under own direction; initiates and generates activity, introduces improvements into work processes; handles problems with minimal guidance.
• Leading and Supervising - Provides subordinates with a clear direction; motivates and empowers others; provides subordinates with the relevant coaching; creates a positive climate that fosters learning and development; identifies high potential talent; sets and articulates the departmental vision and values through own personal behavior; sets appropriate standards of behaviour.
• Formulating Strategies and Concepts - Works strategically to realize personal goals; understands and effectively communicates the departmental strategy; translates the departmental strategy and vision into operational responsibilities; takes into consideration departmental strategy during all tasks; takes account of a wide range of issues across, and related to current role.
• Applying Expertise and Technology - Applies specialist and detailed technical expertise; uses technology to achieve work objectives; develops job knowledge and expertise (theoretical and practical) through continual professional development; demonstrates an understanding of different organizational departments and functions.
• Following Instructions and Procedures - Challenges authority only when appropriate; follows procedures and policies; keeps to schedules; arrives punctually for work and meetings, demonstrates a commitment to the organization; complies with legal obligations and safety requirements of the role.
• Adapting and Responding to change - Adapts to changing circumstances; tolerates ambiguity, accepts new ideas and change initiatives; adapts interpersonal style to suit different people or situations, shows an interest in new experiences.
Technical/ Functional competencies
• International Financial Reporting Standards (IFRS)
• Financial Accounting
• Preparation of Financial Statements
• Analytical - highly analytical and ability to challenge status quo based on quantitative facts and impacts
• Report writing ability to develop reports
Work Hours: 8
Experience in Months: 24
Level of Education: Bachelor Degree
Job application procedure
To find out more about the position, visit our careers page ug.britam.com/careers. Hard copy applications will not be accepted. Deadline: Submit your online application on or before Friday 16th September 2022. Only short-listed candidates will be contacted.
Head Offices: Plot 24A, Akii-Bua Road, Nakasero
Tel: (256-31) 2305600
Email: amcug@britam.com
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