Position Details: Financial Controller
Our client is a value added timber products business with
operations in Mozambique, Tanzania, Rwanda and Uganda and the largest
commercial timber species planter in East Africa. The business is growing
rapidly and there is a large focus on diversifying product streams, broadening
the customer base, and ratcheting the commercial side of the business and the
organization's market positioning.
PURPOSE OF THE POSITION:
Reporting to the Financial Manager, the role holder will be responsible for
aiding in the preparation and processing of accounting transactions and
reports; provide direction to staff; increase efficiency by promoting
standardization; facilitate backup staffing; and provide documentation of
current systems that facilitate change and conversions. This shall be managed
with accuracy, efficiency and transparency.
KEY RESULT AREAS AND ACCOUNTABILITIES
(systems, procedures and processes)
the Accountant and Accounting clerk in the Accounts Payable (AP), Inventory,
Payroll and Bank accounting processes and procedures to ensure the month end results
for these cycles are fairly stated.
- Manage the
month end according to Monthly Financial Closing Schedule.
and submit Tax and Statutory returns.
- In liaison
with Forestry and Pole plant managers, ensure effective stock control measures
system integration opportunities and improvements within the allocated
reduction & productivity; delivery)
the Monthly report detailing the Ugandan Pole plant and Forestry Operations
- Review the
daily cash position for both UGX and USD accounts.
cash forecasts and assist the RFM in determining the appropriate “Drawdown”
- Build a
Procurement division with the necessary processes and procedures according to
the Group’s guidelines.
- Review the
monthly Payroll and statutory returns for PAYE/NSSF.
Consumable stock usage for the month and do detailed variance analysis.
compliance with all legal and statutory requirements in Uganda.
internal and budgetary controls in all the operations and Head office.
compliance with FSC audit requirements regarding financial information.
operational management with meaningful financial reports that assist them in
managing their operations.
- Review the
month’s results to determine trends that are emerging within the business and
develop action plans to exploit opportunities or mitigate risks.
all AP, Inventory, Payroll and Bank General Ledger accounts at the month end.
insurance cover and assist RFM in implementing appropriate cover limits.
Penetration (margins, revenue, products)
abreast of current affairs and any changes in statutory environment and make
timely notification of any changes in statutory requirements
- Follow up
with banks on all transactions.
management for new investments.
- Manage the
payment of suppliers with due care
plantation clerks and other personnel to the degree necessary for the efficient
and accurate performance of their duties.
and maintain relationships with suppliers and logistic providers which will
fulfill the needs of the company.
financial related reports and other related information to other user
departments that may be required to better deliver on their duties.
- Mentor and
provide training to staff.
- Assist the
RFM with the yearend audit process and engage with External auditors on their
(work toward self-sustainability as a business).
guidelines to the Operational management on how and by when they should prepare
their annual budgets.
suppliers and contractors are paid as per the agreed credit terms and that any
refunds, discounts or rebates due to the company are collected.
- Take part
in the annual budgeting exercise for both forestry and CSR activities.
Identify areas of value-add and ensure implemented once approved
by line management.
SKILLS, KNOWLEDGE AND COMPETENCIES
knowledge of the Company’s Act and related rules and regulations
- Ability to
effectively manage change in to enhance business processes and efficiencies
of finance and accounting software packages (Sage Pastel)
of tax related rules and legislations, and the ability to understand tax laws
and interpret these
planning and organizing skills and proven analytical skills - all types of
financial data and financial reports, statements, and financial modeling, and
ability to solve complex problems and communicate solutions
report writing and oral communication skills
ability to meet and comply with deadlines
Thorough knowledge of biological asset valuation-IAS 41
- Very good excel skills
- High levels of energy
- Very good presentation and communication skills
QUALIFICATIONS AND PROFESSIONAL REGISTRATION
- Graduate in Finance and Business related course with a professional
qualification such as CPA (K), CPA (U), ACCA.
Years of experience required:
- Minimum of 5 years of experience in a complex financial position.
- In this position the incumbent will interact with key
decision makers in most businesses as well as operational employees who execute
the policy and procedure. This will
management in operation
- Timely processing of accurate financial reports and management of procurement
and supplier relationships.
Day to day and periodic preparation of reports, management of procurement and
Any approvals for payments and deviations from company policy
Risk Associated with this position
Noncompliance with statutory requirements.
- Poor management of procurement and
- Errors in payments resulting in financial loss.
- Inaccurate reports leading to management decisions based on wrong information.
- Fines for noncompliance.