Finance Director
Location | Kampala, Uganda |
Date Posted | December 27, 2024 |
Category |
Accounting
Audit Finance |
Job Type |
Full-time
|
Currency | UGX |
Description
JOB DETAILS:
Role Profile
We are looking for a Finance Director responsible for the management of timely and accurate reporting of the business’ financials both in terms of management and statutory reporting for the country by overseeing the accounting and reporting team.
He/she will take direct charge of the provision of business planning and financial analysis, information and insights which enable the various departments of Kyosk Digital to make appropriate business decisions.
Key Responsibilities:
Strategic Leadership
• Be a strategic finance Business Partner to the country GM and provide support for purchasing, operations and commercial teams;
• Take overall responsibility for the finance organization in the country and is accountable to the Country General Manager and Global Head of Finance on all aspects that pertain to the finance organization and workings in the country;
• Lead and own the adoption of global best practices across all departments defined in the business to bring about best practice institutionalization at the local entity and ensure that the country stays ahead of such standardization and continuous improvement.
Policy Development:
• Take direct charge of the system of internal controls, risk and governance with the help of the Internal Controls Manager and handle all aspects of legal entity controllership.
Budget & Treasury Management:
• Responsible for budgeting, forecasting and business performance elaboration including variance analysis and actuals vs budget for the country through the Finance Business Partner;
• Treasury management and cash flow forecasting including monitoring of burn.
Facilitating accurate, timely and pertinent internal Reporting:
• Make sure that all deadlines are respected working closely with the Reporting and Accounting team and interlocking with operations and commercial teams w.r.t the close process and requirements.
• Provision of reliable figures and in-depth knowledge of the relevant business metrics. Analysis ranges from top-level review to detailed research.
• Prepare ad hoc reports to analyse any variances against targets e.g., volume and mix analysis.
• Own the periodic (weekly, monthly, quarterly, bi-annual and annual) as well as ad hoc business review needs i.e., prepare and generate reports, templates, slides etc. required for business review to track performance against KPIs.
• Prepare and distribute key business reports and analyses: daily, weekly, monthly, YTD, quarterly, bi-annual and annual against targets.
• Increase productivity by developing automated reporting/forecasting tools.
Performance Monitoring
• Preparation of the company’s annual budget and strategic capital allocation, working with the various operational heads.
• Monitor the Company’s key financial performance indicators based on approved forecasts; and regularly.
• Support in the preparation of Monthly, Quarterly and Annual Management Reports.
• Production and reconciliation of key month-end reports regarding Volumes, Revenues, Profit, Variance Analysis and P&L by region, warehouse, category, product, SKU, sales agent as well as duka etc.
• Organizing and leading periodic meetings with other departments, where key financial information can be shared and disseminated.
• Responsible for driving key discussion topics and agenda for each meeting
People Management and country functional leadership
• Lead, train and support a growing team of managers, controllers, analysts, and accountants as the business expands across the country to ensure strict adherence to Kyosk Digital standards and compliance with procedures
• Develop a strong performing team, by taking care of the career paths of all direct reports and teams
• Management of outsourced business partners; statutory auditors, tax consultants, company secretarial, legal and insurance
Ad hoc Tasks
• As may from time to time be delegated upon by Country General Managers, Global Head of Finance subject to evolving business needs
Key Contacts
• Global Head of Finance
• Other functional Heads and Managers
Minimum Qualifications & Desired Skills:
• Qualified Accountant ( CPA (K); ACCA, CIMA or equivalent);
• Graduate with a degree from Accounting / Business / Engineering or equivalent school. An MBA is an added advantage;
• A minimum 10 years in a leading Audit Consulting Firm or as a senior finance manager (in a multinational company);
• Great appreciation and hands-on experience in performance management;
• Excellent spreadsheet skills;
• Working Experience of ERP;
• Previous knowledge of Management Reporting Tools.
Preferred Skills:
• Advanced knowledge of Business Intelligence Tools e.g., Power BI, Tableau, Data Studio etc;
• Advanced knowledge of excel analysis and data modelling skills e.g., Power Query, Power Pivot;
• Advanced knowledge of data wrangling/cleansing tools - ETL (Extract Transform Load) techniques such as Get and Transform in ms excel;
• Additional knowledge of MySQL would be an advantage but not a requirement;
• Advanced Presentation skills including MS PowerPoint.
Competencies & Key Skills:
• Strong Financial Acumen;
• Commercially savvy / Entrepreneurial mindset;
• Analytical Acumen;
• People Management & Development;
• Networking and relationship building;
• Excellent people skills;
• Good communication skills;
• Ability to perform autonomously.