Chief Financial Officer

at Willis Towers Watson
Location Kampala, Uganda
Date Posted February 7, 2025
Category Accounting
Administration
Finance
Management
Job Type Internship
Currency UGX

Description

JOB DETAILS:
The Role
The Chief Financial Officer in our office in Kampala will be responsible for providing holistic financial, operational and analytical support for the Uganda business unit of WTW.
The individual will report to the Sub-Regional Finance Officer / SEAM (part of CEEMEA international Finance) and administratively to the Country CEO.

The role will also be a directorship role which must comply with local statutory and regulatory requirements and related formal pre-approvals.
The individual will provide financial support, financial performance management reporting and processing (month end / quarterly close, budgeting, forecasting, reporting, etc.), additional ad hoc reporting, analysis and activities as necessary.

The Chief Financial Officer will be responsible for managing 1 person and ensuring their professional development through coaching and training.

• Create strong partnerships with applicable segments leaders to provide advice regarding financial implications of segments activities and make recommendations to strategically enhance financial performance. Be a trusted advisor and partner to these Corporate function clients.

• Develop and manage strong working relationships with Corporate function clients, Corporate FP&A team as well as with the various departments within Corporate Finance.
• Counsel leadership team on actual spending decisions and the impact of such on achievement of plan / forecast objectives
• Analyze monthly results and investigate significant variances to plan and forecast; review monthly P&Ls and propose financial adjustments to reflect proper position as needed

• Distribute monthly / quarterly reports to function leadership on a timely basis with commentary on key issues and trends; regularly meet with management to discuss results, influence decisions and develop partnering relationship
• Coordinate with segments leadership to develop annual plans and quarterly forecasts which align with achievement of financial objectives that support the underlying company’s internal and external stakeholder goals.

• Develop and share supplemental reporting and analysis as necessary to function(s). Work with team to create additional tools and metrics to improve management efficiency and effectiveness
• Be proactive in the business partner relationship – calling out anomalies, additional ways to be more efficient or ways to save costs. Do not wait on function’s request for help.
• Ensure consistent implementation and application of corporate financial policies and accounting practices and procedures with active coordination with the Regional Finance Officer
• Perform other ad-hoc activities to support segment or WTW-wide initiatives, including continuous improvement, management reporting, M&A, integration, etc.

Qualifications
The Requirements
• At least 4-7 completed years related experience in financial analysis, accounting or business operations financial analysis
• Financial and Business acumen as evidenced by having roles with progressively broader financial responsibilities
• At least Level II CPA and ACCA, Completed CPA preferred
• Systems / data knowledge to enable the accumulation and synthesis of data into operational recommendations
• Proactive approach to problem solving and a customer-centric mindset
• Ability to interpret and analyze financial data
• Ability to resolve exceptions and disputes as well as manage client expectations
• Excellent verbal and written communication skills in English with the ability to convey financial messages to senior leadership in a succinct and credible manner
• Holds all regulatory licenses, permissions and technical or other requirements applicable under local legislation
• Strong knowledge of Microsoft applications
• Good knowledge of one or more accounting packages
• The following criteria must be also satisfied - Requirements as stated in the Intermediary Regulations are:
• Every insurance broker and third-party administrator shall have at least one chief finance officer who shall be a full-time employee
• A person shall not be appointed a chief finance officer unless:
o the person satisfies the criteria specified in Schedule 2 of the Act; This is regarding honesty and integrity
• The person possesses a recognized relevant university degree; is a member of the Institute of Certified Public Accountants of Uganda; has at least four years’ working experience as an accountant.
• The Authority has given its written approval for the appointment of that person under section 103(1) of the Act

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