Chief Finance Officer

at BrighterMonday Consulting
Location Kampala, Uganda
Date Posted March 14, 2025
Category Accounting
Administration
Audit
Finance
Management
Job Type Full-time
Currency UGX

Description

Job Summary

Leads the financial and risk strategy and management of Company (comprising 4 subsidiaries), ensuring financial sustainability, compliance, and operational efficiency. Oversees financial management, including planning and analysis, internal controls and overall risk management to support business growth and profitability.

  • Minimum Qualification : Masters
  • Experience Level : Executive level
  • Experience Length : 10 years

Job Description/Requirements

Job Details

Job Grade Level: Executive
Employee Category: Executive

Department :Finance 
Sub-Department: Finance
Clinical/non-clinical: Non-Clinical 

Patient Facing (Y/N) :No

Direct Reports (Y/N): Yes 
Direct Report Job Grade: Senior Management

Reporting Relationships

  • Reporting to (Functional)
  • Reporting to (Administrative)

Job Summary (Main Purpose)

Leads the financial and risk strategy and management of Company  (comprising 4 subsidiaries), ensuring financial sustainability, compliance, and operational efficiency. Oversees financial management, including planning and analysis, internal controls and overall risk management to support business growth and profitability.

Main Duties/Responsibilities

1. Uganda Financial Planning and Analysis

  • Coordinate the development or updating the Company’s Strategic priorities and extracting the Key Performance Metrics for effective performance management through budgets and strategic initiative tracking.
  • Oversee the financial planning, forecasting and monitoring process to ensure the Company is on track to meet the key strategic initiatives.
  • Develop financial analysis and performance reports to provide insights into operations and business plans.
  • Participate in M & A activities through the preparation of financial models and engaging in due diligence exercises

2. Cash Flow, Investment & Risk Management

  • Oversee Uganda cash flow planning, ensuring sufficient funds are available to meet both capital and operational expenditure.
  • Sourcing for reasonably priced financing and providing financial solutions to unlock illiquid working capital
  • Manage the group’s financial risks, developing strategies to mitigate potential challenges.
  • Supervise cash, investment, and asset management activities, ensuring compliance with financial policies.
  • Ensure robust treasury management and banking relationships for liquidity and risk mitigation.
  • Ensure appropriate working capital management: debtors, suppliers and inventory
  • Managing key stakeholder relationships with the Group’s lenders, Bankers, Suppliers and Business partners, legal counsel such as insurance companies
  • Reporting to the Audit and Risk Committee on organizational risk matters and effectiveness of the controls in mitigating against financial loss, reputational damage, etc.
  • Offer oversight on Data Protection Compliance matters through the Risk and Compliance department.

3. Financial Governance, Compliance & Reporting

  • Formulate financial policies and manuals for consideration by the Board and EXCO and implementing processes that would mitigate against asset misappropriation and revenue loss.
  • Ensure transparency, accountability, and adherence to financial reporting standards.
  • Oversee the timely and accurate preparation of financial statements, tax filings, and audits.
  • Establish and maintain relations with internal auditors, external auditors and regulators such as the URA, investigating and addressing their findings and recommendations.

4. Strategic Financial Leadership & Business Support

  • Direct and monitor the implementation of strategic business plans, aligning financial strategy with corporate objectives.
  • Provide timely financial advice to Uganda CEO, EXCO and Uganda Board of Directors on risk management, investment decisions, and business performance.
  • Develop financial models and insights to support business growth, cost optimization, and long-term sustainability.

5. Uganda Departmental Leadership & Stakeholder Engagement

  • Directly supervise direct reports in Finance and Risk department and overall department collaboration.
  • Oversee the Finance and Risk Department, ensuring effective financial management, governance, and operational efficiency.
  • Establish and maintain lines of communication with bankers, insurers, and shareholders in conjunction with the CEO.
  • Ensure effective internal controls and financial procedures to safeguard company assets and prevent financial risks.


6. Audit, Compliance & Financial Integrity

  • Oversee Uganda’s regulatory compliance, audits, and tax obligations, ensuring timely and accurate reporting.
  • Implement and maintain robust internal controls to ensure sound financial management.
  • Oversee the internal controls team that reviews and remediates controls deficiencies
  • Drive financial transparency and efficiency, ensuring proper record-keeping and reporting.

Key Relationships

Internal Contacts and purpose of interactions

  • Company CEO, Board & Executive Leadership: Aligns financial planning with business strategy.
  • Department Heads & Budget Holders – Ensures optimal allocation and utilisation of company resources.
  • Audit & Risk Teams – Maintains financial governance and compliance.
  • HR &  Payroll Teams – Supports in the management compensation, benefits, and employee financial planning.

External Contacts and purpose of interactions

  • Regulatory & Tax Authorities – Ensures compliance with financial regulations.
  • Banks, Legal & Investment Partners – Manages financial transactions and funding strategies.
  • Auditors & External Consultants – Conducts financial audits and risk assessments.
  • Vendors & Suppliers – Negotiates contracts and ensures cost efficiency.

Planning & Organizing Duties

Planning Cycle: Monthly

Activity To Be Planned

  •  Monitor revenue performance, cash flow trends, and financial KPIs.
  • Ensure compliance with financial reporting deadlines and tax obligations.

Planning Cycle: Quarterly
Activity To Be Planned

  • Review financial reports and assess business profitability trends.
  • Adjust budget forecasts and cost control strategies.

Planning Cycle: Annual
Activity To Be Planned

  • Develop a long-term financial sustainability strategy.
  • Plan capital investments, debt structuring, and treasury operations.

Planning Cycle: Long-Term Planning
Activity To Be Planned

  • Define a 5-year roadmap for financial digital transformation.
  • Implement AI-driven predictive financial analytics for data-driven decision-making.
  • Develop a long-term capital investment and asset management strategy.

Key Skills and Competencies

Qualifications

Formal education required for competence in the job

  • Master’s degree in Finance, Accounting, Business Administration (MBA), or Economics.
  • Chartered Accountant (CA), Certified Public Accountant (CPA), or ACCA certification required.
  • Certification in Corporate Finance, Risk Management, or Financial Strategy is preferred.

Experience

  • 10+ years in corporate finance, financial planning, and executive financial leadership, at least 5 in a finance leadership role.
  • Experience in large-scale manufacturing, healthcare, hospitality, financial management, investment planning, insurance and M& A.

Knowledge & Technical Competencies

Registrations, Affiliations, Professional Certifications

  • Expertise in financial governance, strategic financial planning, and risk assessment.
  • Knowledge of corporate taxation, IFRS/GAAP compliance, and treasury operations.
  • Enterprise Risk Management
  • Membership in financial professional organizations (e.g., ACCA, CFA Institute, ICAEW, AICPA) is preferred.

Behavioural Competencies

  • Strong analytical and strategic decision-making skills.
  • High ability to drive financial efficiency and business profitability.
  • Leadership in financial transformation and cost management.
  • Excellent stakeholder engagement and negotiation skills.

Please note that your Job / Service Objectives is not an exhaustive list of tasks and duties, but serves as a guideline for daily duties, which may evolve from time to time according to the business requirements.

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