Head Finance – Kampala – NFT Consult LTD

Strategy Development and Planning
Key Responsibilities:
Facilitates the overall strategic planning, direction and management of the financial / accounting functions and operations of the company
Ensures maximization of profits through enhancing revenues and incomes and implementing successful cost –controls
Financial Accounting and Management Reporting

Key Responsibilities:
Timely and accurate preparation of financial accounts of the company in line with the local and international laws, accounting standards and generally accepted practices;
Provides timely and effective information to management regarding performance of the company through various MIS reports;
Creating reports and tools for monitoring business performance and sharing sharp insights on various business issues on a regular basis.
Business Planning and Budgetary Control

Key Responsibilities:
Preparation of Budgets (Monthly / quarterly/ annual)
Preparation of forecast reports.
Monitoring of performance against the budget. Raising timely alarms on possible budget breach and recommend corrective actions.
Controlling expenses against budget
Ensuring adherence to the financial policies for approval of various expenses.
Banking, Treasury and Working Capital Management

Key Responsibilities:
Responsible for opening and maintenance of banking accounts, managing relation with banks and other financial institutions.
Arranges for working capital for smooth running of company operations mainly by collection of debts within agreed time;
Oversees cash transfers to Headquarters;
Monitoring the credit arrangements with clients and vendors and advising management for the improvement area on the credit limits.
Preparing Cash flow/ fund flow forecasts and planning the weekly/monthly fund availability.
Accounts Receivable Management

Key Responsibilites:
To establish a proper measurement method for improvement of Daily Sales Outstanding (DSO) to improve. Third Party DSO to improve.
Ensuring effective collection and low outstanding in 30+ Buckets.
Taking timely action (legal) for cases with long outstanding or disputes.
Timely closure of reconciliation with customers. Resolutions of customer queries.
Oversees and controls invoicing and ensure that invoicing is done in line with company rules
Correct and timely invoicing to customers (within 48 hours of loading)
Timely dispatch of invoices

Audit and Compliance
Key Responsibilities:
Managing and facilitating periodic statutory and other audits.
Managing audits / verifications by various Government agencies (like tax, custom and other authorities)
Ensuring compliance to Tax, Customs, VAT and other applicable laws. Timely filing of returns, proper calculation of deposit of taxes.
Liaise with Auditors, consultants and other professional agencies.
Informing management of all legal/ statutory/ compliance risks which the business might be exposed to on a timely basis.

People Management
Key Responsibilities:
Have a proper Org structure for the Finance team.
Provide proper job description and key result areas to team members.
Leading the performance monitoring and appraisal process.
Lead by example and create a healthy, happy and satisfying work culture in Finance.
Provide training, coaching, development and motivation to bring out the best in each team member.

MINIMUM QUALIFICATIONS
Qualified in either ACA/ ACCA/ CPA
High level of proficiency in Microsoft Excel, Power point.
Working knowledge on ERP system like Oracle, SAP will be an added advantage.
Knowledge of IFRS will be an added advantage

EXPERIENCE
Minimum 7-9 years working experience in a similar position
Should have managed a team

PERSONAL ATTRIBUTES
Excellent communications skills
Team player with good interpersonal skills
Good organizational skills
Proactive, disciplined and able to work under minimum supervision

“Please be advised that NFT Consult LTD does not charge candidates for participation in interviews, nor does the company charge candidates in exchange for employment. All fees are directed to the client. Please be aware of con artists claiming to be working for NFT. In the event that you are asked for money, please notify the police and reach out to us at inquiries@nftconsult.com. Anyone who chooses to pay in return for promised employment does so at their own risk”

[yuzo_related]