Finance Manager
Location | Kampala, Uganda |
Date Posted | March 7, 2024 |
Category |
Accounting
Audit Finance Management |
Job Type |
Full-time
|
Currency | UGX |
Description
Job Description/Requirements
Roles and Responsibilities:
· Develop and implement financial policies, procedures, and controls to safeguard company assets and ensure compliance with accounting standards and regulations.
· Prepare and analyze financial reports, budgets, forecasts, and variance analyses to support decision-making and strategic planning.
· Manage day-to-day accounting functions, including accounts payable, accounts receivable, payroll, and general ledger maintenance.
· Coordinate with external auditors, tax authorities, and regulatory bodies to ensure timely and accurate filings and compliance with tax laws and regulations.
· Monitor cash flow, liquidity, and working capital requirements to optimize cash management and liquidity positions.
· Provide financial analysis and insights to support business initiatives, investment decisions, and cost optimization efforts.
· Conduct financial risk assessments and develop strategies to mitigate financial risks and exposures.
· Lead and mentor the finance team, providing guidance, training, and development opportunities to enhance their skills and performance.
Daily Work Description:
· Review and approve financial transactions, including invoices, expense reports, and journal entries.
· Monitor financial performance against budget and forecast, identifying variances and investigating discrepancies.
· Prepare monthly, quarterly, and annual financial statements and reports for management and stakeholders.
· Coordinate with department heads to develop and monitor departmental budgets and spending.
· Analyze financial data and trends to identify opportunities for cost savings, revenue enhancement, and efficiency improvements.
· Ensure compliance with statutory requirements, tax laws, and regulatory standards in all financial activities.
· Communicate regularly with senior management and stakeholders to provide updates on financial performance, risks, and opportunities.
Required Skills:
· Bachelor's degree in accounting, finance, or related field;
· Proven experience in financial management, accounting, and reporting, preferably in a startup or technology-driven organization.
· In-depth knowledge of accounting principles, financial analysis techniques, and financial planning and forecasting.
· Proficiency in accounting software and ERP systems, with experience using Odoo and Tally preferred.
· Strong analytical and problem-solving skills, with the ability to interpret complex financial data and make strategic recommendations.
· Excellent leadership and interpersonal skills, with the ability to effectively communicate and collaborate with cross-functional teams.
· Attention to detail and accuracy, with a commitment to maintaining high standards of integrity and compliance.
· Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities and deadlines.