Finance Manager

Department : Finance Location: Kampala Level/Salary Range: TBD Reports to: Managing Director Direct Reports: Cost Accountant, Financial Accountant. Contract Type: Fixed Term (4-years), renewable. Job Purpose: The Financial Controller provides leadership in financial planning, forecasting, budgeting, internal controls, and financial reporting to achieve outstanding business performance and growth. The Financial Controller develops and is responsible for implementing effective systems and processes to safeguard financial resources and to provide accurate and complete financial information and analysis to the Managing Director and the Board of Directors to aid decision-making. Specific duties and responsibilities

1. Financial and operational planning for the company; • Provide financial insights and analysis to support decision-making • Develop accurate financial scenarios; analyze potential impact of a variety of economic conditions on the company’s revenues and plan for positive and negative outcomes. • Financial forecasting and modeling to create profit projections. • Oversee the company’s financial activities; implement cost-effective administrative systems and ensure smooth operations of financial processes.
2. Overall planning, forecasting, and preparation of the annual company budgets. • Lead the preparation of the company’s annual budget for review and approval by the Managing Directors and Board of Directors, respectively. • Advise departmental managers on expenditure control.
3. Treasury Management

• ensure that the company’s cash is well managed at all times. • Managing relationships with current and prospective creditors and advising management • Promoting a good working relationship with the company’s bankers • Tracking receivables, credit limits, collections, terms of trade, and reporting any non- compliances on time • Ensure strict and accurate debt collection mechanisms Inventory management and control: To ensure that the company's inventory is safeguarded from any form of loss or damage and that the stock levels are adequate to meet business needs at all times. a. Supervising the management accountant for up-to-date stock records on raw materials, work in progress, and finished goods stock b. Tracking stock levels and alerting management of any potential drop in inventory below the minimum stock levels c. Ensuring that stock records are up to date and that there are regular stock taking exercises. d. Investigate all abnormal stock variances and take appropriate action.

1. Develop and continuously update the Finance procedures manual, review and amend policies, and provide guidance to users.
2. Ensure timely and accurate financial reporting. • Present periodic financial reports to Management and the Managing Director. • Analyze financial statements and other performance indicators and provide the necessary feedback and recommendations. • Ensure timely preparation of final accounts as well as exter