Cfo, Kampala

Last update 2024-07-16
Expires 2024-08-16
ID #2223501874
Cfo, Kampala
Uganda, Central Region, Kampala,
Modified July 4, 2024


Key Responsibilities: 1.

Financial Strategy: Develop and execute the financial strategy for Group Companies, aligning it with the overall company objectives and industry trends. 2.

Budgeting and Forecasting: Create and manage budgets, financial forecasts, and financial models to support business decision-making. 3.

Financial Reporting: Prepare and present accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and key financial metrics to senior management and stakeholders  on weekly /  monthly  /  quarterly /  half  year  /  yearly  basis. 4.

Cost Management: Monitor and control costs across all areas of the Manufacturing Plant operations, identifying opportunities for cost reduction and efficiency improvements. 5.

Capital Allocation: Manage capital allocation decisions, including investments in machinery, technology, and infrastructure, while ensuring optimal returns on investments.  Experience of any   Fund raising for Projects will be additional advantage.

 6. Risk Management: Identify and mitigate financial risks, including currency exchange, interest rate fluctuations, and market volatility, through hedging and risk management strategies. 7.

Financial & All other Compliances & statutory requirements: Ensure compliance with all financial regulations, accounting standards, all the authorities and tax laws relevant to the industries. 8.

Financial Planning & Treasury Management: Work closely with department heads to develop departmental budgets and financial plans, providing guidance on resource allocation.

Proficiency & experience  of  managing  various  types of  Bank  facilities , terms  loans , ODs and other bank transactions in multiple  currencies.   9.

Cash Flow Management: Manage and forecast cash flow to ensure that each Group Company can meet its financial obligations, including payroll, vendor payments, and debt servicing.

Liase  and chase BUHs  and  sales  teams  to  ensure  timely  receivables to meet all  payment obligations of  respective  company. 10.

Financial Audits: Coordinate financial audits, both internal and external, to ensure accuracy and transparency in financial reporting. 11.

Strategic Partnerships: Collaborate with internal stakeholders and external partners to explore financial opportunities, joint ventures, or strategic alliances that benefit the businesses. 12.

Financial Leadership & Regular Training to accounting staff members:  Lead and mentor the finance teams, fostering a culture of excellence, accountability, and continuous improvement.  Try  to  train , develop  and  manage  accounting  departments  with  local  Uganda staff. 13.

MIS Presentations: -  Overseeing the reconciliation of income and expense reports, analysing financial statements and reports and designing financial models that will benefit different operating initiatives.

Monthly Providing Report on Financials with comparison of   Budget, Sales Plans,  Deviations, Variances on Collection,  Action on Debtors, Creditors and Stock balances and ageing analysis etc.

Summary Reports  of  plants  with monthly  meetings, analysis  with  all  team  members  of  Manufacturing units ,  Maintenance related Meetings, 5 CRM Meeting, key  achievements, shortfalls , Efficiencies ,  cost  factors ,  costing ,  Month HR Movers and Joiner and vacant post status, Production deviation Plant report with reasons, Weekly ORM meeting summery, Order Status report, Lost of Order or tender report and reason, COPQ Report ( Cost of power Quality reason report), Internal Audit summery reports etc. 14.  Purchase Approvals: - Approve invoices having a higher Values approval threshold under DOA limits and control for large purchases orders and Contracts.  Payments Approvals: - Approve and release the payments to Suppliers as per Authority and DOA Limits under CFO.  Monitor and oversee payments / receipts having tax implications as per Tax compliances.    Operation controls: - This includes being a team player to the controller's Segment Heads and operational heads operation, collecting information from Operational heads to make Plan and get monthly information to review and action on Improvements.

Identify cost savings areas, System control checks, analysing reports, identifying trends and patterns, and using this information to make informed decisions and clearly and effectively communicate information.

Managing the financial operations of a company, which requires a high level of attention to detail.

   Qualifications / Preferred Requirements:  Must have C.


Degree, Additional Degree of ICWA will be given preference.

Proven experience as a CFO or a senior finance leadership role in a manufacturing  industries   ( Preferably  in  composite textile mill or paper conversion / printing industries )Must  have  Thorough  Knowledge and  Proficiency in  SAP  ERP  SYSTEM  African continent experiences will be preferred.

Strong financial analysis, modeling, and reporting skills.

In-depth understanding of financial regulations, standards, and tax laws applicable to the industries.

Excellent strategic thinking and problem-solving abilities.

Exceptional leadership and team management skills.

Effective communication and negotiation skills.

Good command of English language.

Ability to work in a fast-paced and dynamic environment.

Job location: Uganda CONTACT: Vinay

Job details:

Job type: Full time
Contract type: Permanent
Salary type: Monthly
Occupation: Cfo

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