Chief Finance Officer (CFO) Job Vacancy - BRAC Uganda Microfinance Ltd ~ Ugandan Jobline Jobs

Organisation: BRAC Uganda

Microfinance Ltd

Duty Station: Kampala, Uganda

BRAC Uganda

Microfinance Ltd is the largest microfinance operation in Uganda covering 110

districts through 136 networked branches targeting micro, small and medium

entrepreneurs of Uganda. BRAC boasts of promoting financial inclusion by

extending financial services to the un-served and underserved, now with over

160,000 borrowing clients, over 100Bn loan book with 99.3% recovery rate,

operationally and financially self sustaining.

Job Summary:  The Chief Finance Officer (CFO) will work

collaboratively with the CEO-BRAC Uganda Microfinance and other members of the

senior management team to implement BRAC International’s strategic initiatives

and achieve the goals of the transformed entity. The CFO must be an experienced

strategic thinker and visionary leader bringing innovative and creative

approaches while maintaining BRAC International fiscal stability, financial

performance and mission and vision.

Key Duties and Responsibilities: 

·        
Responsible for developing and implementing

financially-sound strategic initiatives directly supporting BRAC IMF Uganda’s

mission, strategy map, goals and objectives.

·        
Build and maintain strong working partnerships with

all financial institutions, know financial legislation and tax laws and

procedures to take effective financial decisions in favor of the organization.

·        
Manage the development, implementation and

maintenance of processes that assist in enhancing short range and long range

financial stability.

·        
Oversee the management of the accounting and

financial functions, including financial management of the organizations growth

through the establishment and implementation of supporting infrastructures

(financial systems, finance staff, controls and procedures), ensure compliance

with generally accepted accounting principles, local regulation and audit

·        
Collaborate with the CEO and senior management team

on organizational planning and decision making.

·        
Serve as a resource for members of senior

management, counseling them on matters of strategy, fiscal control, federal

regulatory compliance, program business performance, budgeting, business plan

including cost allocation.

·        
Manage organizational procurement, payroll, and

contracts functions and ensure best practices and efficiency

·        
Serve as a resource for information on compliance

issues.

·        
Act as the primary contact with external and

internal auditors and coordinate all financial matters with

·        
Responsible for providing accurate and fully

compliant financial information to the public, banking partners, external

auditors and other external agencies as required

·        
Accountable for overall management of the internal

Finance and Accounting and Treasury Divisions, as well as providing accurate

and timely financial reports.

·        
Responsible for risk assessment and internal

controls to ensure accurate financial reports and compliance with laws and

regulations.

·        
Send monthly communication with group finance to

discuss and update progress.

·        
Management and coaching of all financial staff

·        
Perform any other duties as assigned by the Chief

Executive Officer.

Qualifications, Skills and Experience: 

·        
The applicant should preferably hold a Bachelor’s

Degree in Finance and Accounts, Commerce or BBA-Accounting. A Post Graduate

Degree or Masters is an added advantage.

·        
Additional qualification in CPA or ACCA is a must.

·        
A minimum of seven years’ experience at both

operational and senior management levels.

·        
Excellent track record in budget and budget

administration, financial, regulatory and compliance reporting required

·        
Practical financial and management experience in a

reputable institution or audit environment

·        
General knowledge of a wide range of micro banking

products and services.

·        
Advanced knowledge of standard banking compliance

regulations, banking law, business law, employment and labour law, internal

operational policies and procedures, and banking products and services.

·        
Excellent cross cultural people management skills

·        
Familiar with maintaining close contact with

regulatory bodies, investors/ Funders and financial institutions in Uganda.

·        
Excellent problem solving and negotiation skills

·        
Exceptional oral and written communication skills

with the ability to communicate clearly and persuasively, interpret documents,

understand procedures, write reports and correspondence, and speak clearly to

third parties and employees

·        
Strong leadership and team building skill with

proven experience in developing and maintaining a strong senior Management Team

·        
Ideally domiciled in Uganda

·        
Willingness to travel both within and outside

Country

All qualified

candidates should email their updated CVs with cover letter and educational

certificates; mention must be made of current and expected salary to: hrd.uganda@brac.net

NB: Only complete applications will be accepted and

short listed candidates will be contacted. Applicants that responded to the

first advert for this position need not reapply.

Deadline: 2^nd October, 2015