About the job
Main Purpose/Mission of the job:
The Chief Finance Officer shall be responsible for the effective running of all support areas, i.e. Finance & Administration, ensuring that Sanlam Uganda meets its financial and compliance obligations for all its stakeholders. As a member of the Senior Management team, contributes to strategic and operational planning and oversight, and where required, leads project initiatives and teams.
Critical Responsibilities
Finance
· Responsible for the financial & management reporting processes, ensuring the availability of timely and relevant information
· Responsible for the effective management of internal controls and the operation and effectiveness of all processing, including the payroll & accounting systems, and ensuring that all expenses are as per the approved authorization framework.
· Responsible for leading the development and review of annual financial plans, budgets & targets with other departments.
· Provides timely and relevant performance reports to the Board, CEO and other management as required.
· Ensures the integrity of the annual financial statements by ensuring that they provide a true & fair view of Sanlam Uganda’s affairs; meet legal requirements; comply with the relevant standards and reflect best practices.
· Responsible for the financial & management reporting processes in Sanlam Uganda, ensuring the availability of timely and relevant information.
· Responsible for the effective management of internal controls and the operation and effectiveness of all processing, including the payroll & accounting systems.
· Responsible for ensuring all statutory returns are prepared and filed with relevant authorities in an accurate & timely fashion.
· Responsible for managing/monitoring any tax issues – e.g., direct/indirect/withholding taxes.
· Responsible for ensuring that the Company secretary adequately fulfils their duties to the company.
· Management of relationship with the external auditors, including being the key contact for audit planning and completion. Implements any action points arising from the Audit Management Letter.
· Liaising with SEM on Johannesburg when requests are made or information is required
Administration
· Responsible for identifying emerging governance issues e.g. in Reporting; Accounting Standards and Health & Safety. Keeping Board, CEO and staff appraised and determining action where appropriate.
· Ensures best practices in procurement.
· Management of the company’s bankers, legal advisors, insurance brokers, and other professional advisors.
· Responsible for Risk Management and Contingency Planning/Disaster Recovery.
· Undertakes other duties and projects as may be specified by the CEO from time to time.
· Preparing for and presenting at Board meetings, BOD committee meetings and General meetings
Key Performance Measures
- Management
- Financial Reporting
- Risk Management
- Relationships Management
Important Relationships
· Auditors
· Bankers
· Asset Managers
· Insurance Regulatory Authority (IRA) and other regulators
· Lawyers
· Vendors, suppliers,
· Internal staff and Directors.
- experience and personal competencies:
Knowledge required (to do the job):
- Fully qualified accountant (ACCA or CPA).
- Bachelor’s in Commerce/Business Administration degree
Experience required (to do the job):
· Minimum of eight (8) years of general management experience in the areas of Finance and Administration, reflecting the key duties of this role.
· Similar experience in the Financial Services Industry
Competencies:
· Membership of the Institute of Certified Public Accountants of Uganda (ICPAU).
· Be highly skilled in the use of Microsoft Office applications.
· Have excellent written and verbal communication skills.
· Ability to prioritise workloads and be capable of managing a broad range of areas.
· Have sound judgement and a capacity for innovative thinking.
· Be enthusiastic and motivated.
· Working knowledge of an accounting package, preferably Sage.
How to apply
Applicants should send their applications via the email hr@sanlam.co.ug
The submission deadline is Friday 10th December 2021.
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