Chief Finance Officer

at NFT Consult LTD
Location Kampala, Uganda
Date Posted August 17, 2024
Category Accounting
Administration
Audit
Finance
Management
Job Type Full-time
Currency UGX

Description

JOB DETAILS:
Our client, a well established Warehouse and Logistics service provider in East Africa, is actively seeking a seasoned individual to take charge of the Finance function at its Uganda office. The successful candidate will have full responsibility for overseeing all financial planning, operations, projections, budgets, reporting, corporate finance management, tax, and any related subsidiaries to be established. Moreover, the incumbent will play a crucial role in supporting the Managing Director in strategy development and ensuring its successful execution through effective planning and performance management.

Key responsibilities
• Manage the business’ financial planning and financial operations both at the subsidiary level and consolidated view.
• Preparation of financial projections, financial budgets, and expenditures for all departments against the approved business plan and ensure effective and regular monitoring.
• Identify, develop, and retain talented staff including developing finance KPIs, completing performance appraisals, personal development, and succession plans effectively
• Supervise all finance personnel including financial consultants, advisors, and bankers.
• Plan for, develop, maintain and monitor appropriate financial systems, procedures, and controls for the company.
• Be commercially aware of changes in financial trends and reporting that could impact the business.
• Translate the company’s medium- and long-term strategies into Financial Business Plans with Long-range Capital Expenditure Plan.
• Manage all fundraising plans and design / maintain an optimal capital structure.
• Manage all debt and debt raising activities including relationships with current and prospective debt providers, and effective debt facility covenant management (current and future).
• Work with the senior management team to ensure correct risk management procedures are adhered to and reviewed/ updated from time to time for relevance

• Responsible for effective Cash Management and Treasury Management systems
• Oversee internal and external audits and ensure audit recommendations are implemented
• Ensure diligence, integrity and accountability as an authorized signatory for the company
• Ensure timely reporting of management accounts and annual financial statements in line with reporting standards
• Assists in full automation of accounting processes
• Oversee the maintenance of the fixed assets register and administrative management of the Business’ property.

Key qualifications
• Bachelor’s degree in Accounting, Finance or a relevant field. A Masters Degree from a recognized institution is an added advantage.
• A minimum of (8) eight years relevant experience with at least (4) four years in senior management level. Previous experience as a CFO in a warehousing and logistics business is preferred.
• Professional accounting qualifications - CPA, ACCA. Possession of a CFA charter is an added advantage.
• Must be a member of ICPAU in good standing.
• Excellent leadership & management skills.
• Analytical reasoning, financial, people, risk management skills.
• Good grasp of an automated financial management software.

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