Finance Manager- Manufacturing

Kabale - Uganda

Monthly Salary: Not Disclosed

Posted on: 18 hours ago

Vacancies: 1 Vacancy

Job Summary

1)Financial and operational planning for the company;

Provide financial insights and analysis to support decision making
Develop accurate financial scenarios; analyze potential impact of a variety of economic
conditions on the companys revenues and plan for positive and negative outcomes.
Financial forecasting and modeling to create profit projections.
Oversee the companys financial activities; implement cost effective administrative systems and ensure smooth operations of financial processes.

2)Overall planning forecasting and preparation of the annual company budgets.

Lead the preparation of the companys annual budget for review and approval by the Managing Directors and Board of Directors respectively.
Advise departmental managers on expenditure control.

3)Treasury Management ensure that the companys cash is well managed at all times.

Cash flow forecasting and planning
Managing relationships with current and prospective creditors and advising management
Promoting a good working relationship with the companys bankers
Tracking receivables credit limits collections terms of trade and reporting any non- compliances on time
Ensure strict and accurate debt collection mechanisms

Inventory management and control: To ensure that Chromatic Paints Uganda Limited (CPUL) inventory is safeguarded from any form of loss or damage and that the stock levels are adequate to meet business needs at all times.

Supervising the management accountant for up to date stock records on raw materials work in progress and finished goods stock
Tracking stock levels and alerting management of any potential drop in inventory below the minimum stock levels
Ensuring that stock records are up to date and that there are regular stock taking exercises.
Investigate all abnormal stock variances and take appropriate action.

4)Develop and continuously update the Finance procedures manual review and amend policies and provides guidance to users.

5)Ensure timely and accurate financial reporting.

Present periodic financial reports to Management and the Managing Director.
Analyze financial statements and other performance indicators and provide the necessary feedback and recommendations.
Ensure timely preparation of final accounts as well as external audits and close any audit queries/ implement recommendations.

6)Manage financial technologies/tools and recommend improvements to enhance efficient reporting and forecasting.

Ensure education of users and full adoption of financial technologies across the company.
Oversee data integration.

7)Monitor and ensure full compliance with statutory obligations.

8)Responsible for managing the companys financial risk exposure and to identify areas of

raising efficiency and effectiveness and to improve financial performance.

9)Manage the appraisal of all new business proposals projects and partnerships and advise the Managing Director.

10)Coach train and motivate Finance team

Manage coach motivate and support Finance team; develop Key Performance Indicators (KPIs) for all

team members coach and monitor progress during the performance period and evaluate team

performance.

Identify training needs and follow up to ensure that skills gaps are closed.
Organize and conduct efficient departmental meetings weekly and follow up to ensure action
points are implemented by the responsible staff.

11) Any other duties as may be assigned by supervisor from time to time.

Requirements

Education: Bachelor of Commerce (Accounting or Finance option) or Bachelor of Business Administration (Accounting or Finance option). Professional qualification in either ACCA or CPA

Professional Experience: At least five (5) years experience in financial management role in a reputable organization.

Competencies: Leadership skills Budgeting skills Financial reporting skills High degree of integrity Analytical skills; A keen eye for detail and aptitude to probe data; Risk assessment & management skills Planning Administrative and organizing skills Practical experience in using Advanced Excel and good grasp of financial technologies.

In depth understanding of the sales processes and dynamics including identifying new business opportunities Ability to meet sales targets Leadership skills; self-driven fast paced enthusiastic and able to beat deadlines Excellent communication interpersonal presentation and customer care skills Creative with high level of initiative prioritization and organization Ability to multi-task and to handle pressure High level of integrity Data analysis and report writing skills Computer skills in MS Word MS Excel and PowerPoint.

1)Financial and operational planning for the company;Provide financial insights and analysis to support decision makingDevelop accurate financial scenarios; analyze potential impact of a variety of economic conditions on the companys revenues and plan for positive and negative outcomes.Financial for...