About US:
Federation of Uganda Employers (FUE) is a voluntary membership organization established and fully owned by the Employers. It was founded in 1958 as the representative body of all Employers in Uganda. It was registered as an Association in 1960 under the Trustee Incorporation Act. It’s a voice of all Employers on Social and Economic issues. It is an organization that advocates for Employers rights.
Job Summary: The Finance Manager will oversee the organization’s Financial Accounting, reporting and control activities across the multiple projects and donors and to ensure they are carried out efficiently, effectively and in line with best practice. The incumbent manages the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management. The Finance Manager will mainly be responsible for the company’s financial plans and policies, its accounting practices, the conduct of its relationships with lending institutions and the financial community, the maintenance of its fiscal records, and the preparation of financial reports. The position involves supervision over general accounting, property accounting, internal auditing, cost accounting, and budgetary controls.
Key Duties and Responsibilities:
1. Financial Management and Accountability:
· Oversee and manage all accounts data entry and analysis and ensure the backups are made regularly and stored to ensure system security.
· In charge of posting, verifying and reviewing of all coded and approved payment vouchers into the Accounting computer package on a daily basis.
· Use a financial control framework, including financial accountabilities and authorities to ensure full financial control and ensure security of all transactions.
· Coordinate and direct the preparation of the budget and financial forecasts, institute and maintain other planning and control procedures (including the cost accounting system), analyze and report variances.
· Conduct regular and timely budget monitoring to ensure efficient use of FUE and donor resources. Ensuring that Budget Holders have accurate and up to date information as to parameters to be used in budget preparation.
· Draft statutory accounts for the organization and prepare quarterly financial reports to the governing council and donors.
· Ensure accounting policies comply with the relevant accounting standards and donor accounting principles and ensure that organizational policies are followed.
· Develop systems and procedures to ensure the efficient and effective management of the organization’s finances and fiscal soundness of the organization.
· Ensure the centralized accounting system is well used and managed so that that accounts are effectively managed.
· Manage and monitor work of the Accountant and Assistant who acts as petty cashiers.
· Ensure that monthly bank reconciliations are prepared for all FUE project accounts.
· Keenly review staff accountabilities.
· Manage all bank accounts and cash box.
· Prepare for organizational audits.
· Serve as the main point of contact to external auditors and provide all required information.
· Manage the main Safe Box .
· Coordinate all bank payments and funds transfers.
· In charge of providing efficient, timely and accurate financial services for all FUE Operations.
· Supervises, directs and audit the financial operations of the Finance Department in order to ensure information is efficiently and accurately processed.
· Ensures the department prepares timely and accurate financial and statistical reports
· Ensure Project accountabilities are met on timely basis.
· Plan ways of raising income/reducing costs.
· Keenly review bank reconciliation, general ledger, journals and accountabilities for completeness and accuracy.
· Prepare and submit financial reports and management reports to facilitate the audit process after preparing final accounts
2. Management of staff accounts:
· Maintain an up-to-date computerized record of all staff and collaborator accounts.
· Manage staff payroll including payments for Local Service Tax, NSSF and PAYE.
· Maintain up-to-date staff accounts in relation to the Staff Savings Scheme.
3. Financial advisory support:
· Assists with annual strategic planning and business plan development.
· Recommend changes that will improve the organization’s financial performance and financial controls.
· Evaluate the performance of personnel in the Accounting Department.
· Recommend training requirements and keep the staff at the highest level of skill necessary to meet company needs and objectives.
· Conduct or assist with training sessions related to accounting.
4. Contacts/Key relationship:
· The position must maintain a good working relationship with staff at all levels.
· Regular staff meetings should be encouraged to discuss pending work, issues and problems.
· Build working relationships with GoU authorities, Community Leaders/Members and other agencies is recommended at all times.
Qualifications, Skills and Experience:
· The ideal candidate should preferably hold a Bachelor’s Degree in Commerce or Finance, or Business Administration, and majoring in Accounting or Finance
· Professional Full CPA or ACCA qualification
· A minimum of three years direct and professional experience in managing a busy Finance function.
· Computer literacy i.e. working knowledge of Quick Books or Tally
· Skills and experience in managing Project Accounting
· Excellent interpersonal skills, initiative and pro-active working style.
· Excellent command of English
· Computer literacy skills
How to Apply:
All suitably qualified and interested applicants should send an application letter and an up to date CV only that provides details of the applicant’s specific qualifications for the desired position, current and expected salary and contacts of three professional referees via Email to: applications@fuemployers.org addressing them to:
The Human Resource Specialist,
Federation of Uganda Employers,
Plot 1207, Namanve, Kiwanga Road,
P.O. Box 3820, Kampala. Uganda
NB: Please include the title of the position for which you are applying in the subject line of the E-mail.
Deadline: 15th January 2016 by 5.00pm.