Chief Finance Officer (CFO)

at Uganda National Airlines Company Limited
Location Kampala, Uganda
Date Posted December 5, 2022
Category Accounting
Job Type Full-time
Currency UGX


Reports to: Chief Executive Officer
Responsible for: All staff under the Finance and Support Services Department
Department: Finance and Support Services

Key Responsibilities:
In particular, he/she will:
• Be responsible for all financial and fiscal management aspects of company operations;
• Provide strategic leadership and coordination in the development and implementation of the 5-year business plan, financial management, accounting, budgeting, program, and system management efforts of the company;
• Oversee the preparation of the annual budget, monthly Profit and Loss, Balance Sheet, and Cash Flow Statements.
• Be responsible for enhancing the cash position of the Company; Be accountable for the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results;
• Approve and coordinate changes and improvements in automated financial and management information systems for the company.
• Oversee the approval processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger and account maintenance, and data entry;
• Coordinate the preparation of financial statements, financial & management reports, special analyses, and information reports;
• Ensure appropriate and robust finance, accounting, billing, and auditing procedures;
• Ensure records systems are maintained in accordance with generally accepted financial standards, assist in obtaining the necessary licenses and insurance required to operate the business;
• Develop and implement purchasing and supply chain management; and
• As a member of the Leadership team, contribute and work collaboratively with all elements of day-to-day airline operations, including employee and customer relations, safety, revenue management, scheduling, strategic alliances, sales, brand management, product development, and customer service delivery.
• Ensure safe keeping of all company assets and stores and periodic audit of stores and that all assets are engraved
• Oversee the IT department and ensure full integration of the IT system
• Carry out the staff appraisals for the department

Minimum Qualification and Experience:
• An Honours Bachelor’s Degree in Business Administration, Accounting or Finance, or a closely related and relevant field, from a recognized University.
• Full Accountancy professional qualification, such as ACCA, CPA, or equivalent qualification is a must.
• Must be a Member of the Institute of Certified Public Accountants of Uganda (ICPAU)
• Possession of a relevant Master’s Degree is an added advantage.
• Minimum of 15 years of experience in financial management in a large organization and at least 5-7 years in a Senior Management role in aviation.
• Knowledge of strategic planning, the budget process, cost recovery, and contract management is a must.

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