Finance Manager – Kampala – ABC Capital Bank Ltd

About US:
ABC Capital Bank started its journey in 1993, as a deposit taking financial institution then trading by the name Capital Finance Corporation Limited. Licensed and supervised by Bank of Uganda under the Financial Institutions Act 2004, Capital Finance Corporation Limited offered a wide range of products such as savings accounts, business accounts, fixed deposits, business loans services and remittances through Western Union money transfer agency. ABC Capital Bank is part of ABC Group, Kenya and has ambitious growth plans.

Job Summary: The Finance Manager will ensure the integrity of the finance management systems of the Bank, contribute to the development and implementation of a finance strategy duly approved by the Bank taking into account profitability, balance sheet growth, growth impacts, and capital requirements and risk for the long term sustainability and growth of the Bank.

Key Duties and Responsibilities:
Responsible for the preparation of the annual business plan, capital expenditure, operating budget and periodic revised estimates.
In charge of the preparation of key micro and macro assumptions for input into the planning and budgeting process.
Comply with the risk management limits and guidelines and ensure their implementation across the bank.
Ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of Financial and Management Reporting
Develop and implement reporting of key management information ensuring data integrity and timely communication to relevant stakeholders.
Drive the required business analysis and related process for making recommendations for new or improving performance opportunities.
Providing detailed monthly performance statements and analysis for the Bank and its individual business lines, discuss, plan, and monitor interventions to keep the business units on budget. Investigate variances and recommend remedial measures where necessary.
Identify areas of performance shortfall and propose corrective interventions.
Mentor and supervise the operations of the Finance Department including financial reporting, management accounts, accounts payable, accounts receivable and reconciliations.
Actively participate in setting the Bank’s finance strategy and objectives.
Ensure that all internal and external reporting requirements are timely met, including preparation of monthly and quarterly accounts, and Statutory Annual Financial Statements.
Comply with the applicable laws and regulations related to tax and statutory payments; (Corporate Tax, PAYE, NSSF, With Holding Tax e.t.c)
Being the custodian of the General Ledger, Chart of Accounts, and the central repository for all Financial and Management information for the Bank.
In charge of monitoring all balance sheet and income statement account movements and ensuring that they reflect the correct balances and all relevant account reconciliations are performed and corrective actions taken timely.
Ensure maintenance of and adherence to the Bank’s accounting policies and procedures.
Playing a leading role in coaching and developing his/her team
On a regular basis, the incumbent will review the Finance policy in coordination with Risk, Executive Management and Board of Directors.
Once the vision is given by the Board, to actualise this vision into a strategic plan in coordination with Risk and Executive Management.
Provide technical support to the Bank on matters relating to taxation and ensure that the Bank is not exposed to any risk arising out of taxation.
Work closely with External Auditors to ensure that Audit is done in a timely manner and accounts are prepared and signed off promptly.

Key Performance Indicators:
Efficient use of funds and increased profitability
Strict Compliance with BOU regulations and ALCO policies
Timely Reporting to the Executive Management and BOU

Qualifications, Skills and Experience:
The applicant for the ABC Capital Bank Finance Manager career placement should hold a University Degree in Accounts/ Finance
Possession of Professional Accounting qualification such as ACCA/CPA is mandatory
A minimum of five years’ experience in Accounting and Finance function, three of which should be in a managerial position in a bank.
Good financial management skills
Risk Management skills
Excellent analytical and problem solving skills
Communication (verbal and written) and interpersonal skills and Leadership Abilities

How to Apply:
The ideal candidates are encouraged to send their applications including a signed cover letter, CV and three reputable references to hr@abccapitalbank.co.ug

Deadline: 21st December 2016

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