Uganda Red Cross Society Finance Director Jobs

Uganda Red Cross Society Finance Director Jobs

Job Purpose:

  • Director Finance will be responsible for the financial health of URCS.

  • By combining strategic and operational goals, this Director will manage the accounting and financial aspects of the organisation by enforcing a financial strategy that is aimed at creating a long-term sustainable financial status for URCS.

  • The additional duties of this role will include managing the finance department, conducting financial assessments, generating reports, establishing budgets and conducting risk assessments.

    Key Responsibilities:

    Performance Management of the Finance Team (Level of effort: 10%)

  • Set performance indicators/targets for finance staff.

  • Frequently hold staff accountable for the achievement of performance targets through supervisory reviews and appraisals.

  • Promptly provide feedback to staff about their performance after every review.

  • Handhold staff through coaching sessions to help them improve in areas where their performance is not up to standard.

  • Provide long-term professional guidance to staff through mentoring and prepare them to take on more senior roles later.

  • Recognise excellent performance and encourage staff to seek higher levels of performance.

  • Establish and implement a training programme for new finance employees.

    Budget Management and Support (Level of effort: 10%)

  • Coordinate and assist in company-wide budgetary planning

  • Make sure that departments adhere to their budgets by not exceeding budget limits or spending funds on disallowable/non-budgeted items.

  • Supervise the process of budget modifications and ensure that it is done in compliance with the organisation’s and donors’ requirements.

  • Track budget performance and notify budget holders when their department’s or project’s budget performance starts to lag behind expected utilisation or burn rate.

  • Report to partners/donors about project budget utilisation, and provide other financial reports to them, as per set reporting timelines.

  • Prepare and present budget variance reports to the Board.

    Financial Management (Level of effort: 20%)

  • Manage the cash flows of the organisation and ensure that the organisation does not get into liquidity problems

  • Aligning financial strategy to the organisation’s strategic plan

  • Advise senior management on financial matters

  • Take the lead in reviewing the financial policies and procedures and subsequently suggest feasible modifications to the financial manual.

  • Enforce compliance with financial policies and procedures.

  • Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties.

    Financial Risk Management (Level of effort: 30%)

  • Responding to emergency calls and coordinating with
    the emergency response teams;

  • Assessing patients, providing emergency treatment, making working diagnoses and referral to appropriate health facility;

  • Monitoring and administering medication, pain relief and intravenous infusions accordingly in line with one’s scope of practice;

  • Dressing wounds/injuries;

    Accountancy, Document Management, and Financial Reporting (30%)

  • Ensure that finance personnel do bookkeeping professionally, and use the accounting system functions adequately.

  • Apply the organisation’s document and record management procedures, and information security policy requirements, to the management and keeping of financial documents, data, and information.

  • Lead and guide the process of preparing and presenting URCS’s financial and management accounts to management and the Board.

  • Provide to the auditors (internal or external) all financial information and data that they will need to do audits.

    Education Qualifications

  • A Minimum of Master’s Degree in Accounting, Finance, Commerce or any related field from a reputable institution;

  • Certified Professional Accountancy qualification; i.e.; ACCA, CIMA, CPA is a MUST

  • Bachelor’s Degree in Accounting, Business Administration (Finance), Commerce, Statistics or related field from a reputable institution.

    Essential Experience

  • Minimum of 5 years accounting experience in a large organization with at least 3 years in a Senior Management position;

  • Experience in using Financial Management Information Systems (NAVISON accounting package is an added advantage).

    Essential Skills

    Technical competences

  • Strong knowledge of project financial management

  • Organisational and management skills

  • Proficiency in bookkeeping and double-entry accounting

  • Computer literacy

  • Fineness in oral and written communication

  • Financial analysis and forecasting

  • Critical Thinking

  • Financial analysis and corporate financial reporting

  • Financial Risk Management

  • Strategic Financial Planning

  • Budgeting and budgetary control

    Behavior Competences

  • People management

  • Proficiency in written and oral communication

  • Empathy

  • Conflict Resolution and negotiation

  • Attention to details;

  • Payroll management;

  • Donor financial accounting procedures

  • GAAP, IAS/AFRS accounting requirements and budgeting;

  • Tax laws and systems in Uganda.

    How to Apply

  • For more information and job application details, see; Uganda Red Cross Society Finance Director Jobs

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