Chief Finance Officer Job at World Vision - Career Opportunity in Uganda
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Vacancy title:
Chief Finance Officer

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

World Vision

Deadline of this Job:
30 September 2020  

Duty Station:
Within Uganda , Kampala , East Africa

Summary
Date Posted: Wednesday, September 23, 2020 , Base Salary: Not Disclosed


JOB DETAILS:
PURPOSE OF POSITION:
• Supports the CEO on formulation and execution of the MFI’s strategy
• Lead the MFI Finance department, building an organization that honors Christian values by positively impacting the lives of many families and children through the delivery of appropriate financial services and training with a particular focus on the rural areas of Uganda.
• Manages the Institution’s treasury to ensure profitable operations and compliance with existing regulations.
• Creates a self-sustaining business with strong foundations (people, process, systems) that is capable of growing while managing risks.
• Work closely with VFI to obtain funding from the partnership and donors to grow the operations .

KEY RESPONSIBILITIES:
Provides Leadership on Financial Issues:
• Provides financial insights to the CEO and Senior Management Team on all matters relating to financial performance, treasury, accounting and administration.
• Submit timely financial returns to the CEO, Board, senior management, regulators and other stakeholders.
• Prepare Business and management reports for Board of Directors.
Supports CEO development of the overall Strategy and Business plan for VisionFund Uganda:
• Participates in the process of strategy formulation and champions execution of the MFI’s strategy.
• Continuous monitoring of the Business plan/financial performance of the organization with emphasis in analyzing the latter’s performance as against its operational and business plans.
• Provides support to the Head Office and Branches in preparation of the finance business plan and preparation and monitoring of the annual operating plans and budgets.
• Ensures that Branch plans are incorporated into an overall business plan and finance projections model.
Establishes and maintains all policies relating to financial management, financial controls and risk:
• Establishes, reviews, and updates financial policies and procedures that are relevant and cost effective to the organization.
• Maintains the finance management manuals, including treasury, accounting and administration manuals. and ensures that all changes related to policies and procedures would be incorporated in the manual.
• Acts as a member of the procurement committee or its equivalent and furnishes the committee with the necessary information for them to make ‘sound’ viable decisions.
• Performs functions specified by the Board, procurement committee and Asset Management in relation to establishing broad guidelines for the institution’s tolerance for risk and expectations from investment.
• Introduces measures to enhance the credibility and objectivity of financial statements and reports prepared with reference to the affairs of VisionFund Uganda.
Manages liquidity and the appropriate levels of assets and liabilities:
• Measures and controls the institution’s funding requirements.
• Manage access to funds: Makes periodic assessment of liabilities and liability holders, explore borrowing arrangements.
• Ensures that there is adequate control of cash and other assets (budgetary management and control) according to laid down policies and UMRA regulations.
• Develops contingency plans for VisionFund Uganda to withstand liquidity crises, and updates the contingency plans, as the need arises.
• Recommends policies or changes on policies on liquidity and funds management, and ensures timeliness, applicability, and practicality of these policies.
Supervises the accounting system and processes:
• Provides technical oversight to the Finance Officers in formulating and implementing the Branch accounting system.
• Ensures that VisionFund Uganda maintains adequate and accurate records including balance sheet and periodic statements of income and expense.
• General oversight to ensure payroll is accurate, prompt, complete and reliable.
• Provides the Finance department staff with the necessary training and other support to enable them to fulfill their duties accordingly.
• Supervises, monitors, and evaluates the work of the Finance staff and provides input to the annual staff appraisal exercise.
Ensures compliance to regulators, audits and VFI regulations:
• Ensures absolute compliance to regulations on liquidity, capital, adequacy, and provisioning as well as to reporting requirements set by the Central Bank and other regulators.
• Management of the external audit process and attends to inquiries, on-site and off-site from the central Bank, other regulators and external auditors and provides due assistance to the regulators and external auditors during inspection.
Supervises the effective financial provision of administrative services:
• Liaises with tax authorities/consultants whenever necessary.
• Maintains insurance portfolio and ensures that all claims are settled without undue losses to the organization.
And any other duties that may be assigned from time to time (5%).
• Visit to the Filed operations.
• And any other duties that may be assigned from time to time.
• Participate actively in the Africa regional Finance initiatives and mandates.
• Represent the MFI in professional Finance forums and meetings.
• On going on personal professional development.


KNOWLEDGE, SKILLS AND ABILITIES:
• Master’s Degree in Finance, Accounting or Business Administration.
• Certified Public Accountant of Uganda (CPAU) is a must and ACCA is an added advantage.
• Must have at least ten years of working experience in accounting and financial management practices with at least 5 years at senior management level in micro-enterprise lending organization, banking institution, a progressive corporate environment, international business, agricultural economics/development, or economic and business development institution
• Must have a clear understanding of micro finance industry and trends in Uganda.
• Must have worked experience in regulated financial institution/ Environment. Having an experience in Micro-Deposit taking institution or bank is an added advantage.
• Determined personality with high level agility, initiative, strong leadership skills ,perseverance and can build high performing team.
• Capability and willingness to lead the organization forward.
• Ready to comply and live up to and in accordance with the organization Ideals and Core Values.
• Vast knowledge about the Ugandan micro and macro-economic environment.

General and Behavior
• Strategic enablement skills (Analytical, problem solving, critical thinking, verbal reasoning and decision making.
• Solution-focused, agile with a strong ‘’ can do’’ attitude.
• Able to influence, negotiate and engage diversity.
• Strong networking and stakeholder engagement skills.
• Highly analytical and attentive to detail combined with ability to think laterally and holistically.
• Communication skills (both oral and written).
• A good trainer, facilitator, mentor and coach.


Technical Pre-requisite
• Thorough understanding of Accounting and International Financial Reporting standards (IFRS).
• Proficiency in computer packages including EXCEL,POWER POINT etc.
• Financial Risk Analysis Skills.



Work Hours: 8

 

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Job application procedure
Please get the details of the Job above, how to apply and more information about us from our Website: https://careers.wvi.org/job-opportunities-in-uganda 
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Job Info
Job Category: Accounting/ Finance jobs in Uganda
Job Type: Full-time
Deadline of this Job: 30 September 2020
Duty Station: Kampala
Posted: 23-09-2020
No of Jobs: 1
Start Publishing: 23-09-2020
Stop Publishing (Put date of 2030): 23-09-2066
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