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21 October 2016

Finance Manager Job Placement - Insurance Company (AON)

Job Title:       Finance Manager
Organisation: People Performance Group (PPG) – Insurance Company (AON)
Duty Station: Kampala, Uganda
Reports to: Head of Finance

About US:
People Performance Group is a leading human resource consultancy firm which provides expert advice in outsourcing and manpower services, facility and fleet management, recruitment processes, salary surveys, payroll services and staff development e.g. in team building, training, board assessment, performance management and other Human resource procedures. They would like to recruit for a valuable client, an insurance brokering company in Uganda dealing in general insurance, life, pension and medical schemes.

Job Summary: The Finance Manager will provide a link between the Aon Broking Divisions and the Underwriters/Insurance Companies by reconciling / comparing the balances per the Aon books and the Underwriters and ensuring that all business booked by Aon and given to insurance companies is correctly captured. Also, the incumbent will ensure payments are made to the Underwriters on all amounts received from Aon clients, while taking care of Aon income and taxes due to the Ugandan Government.

Key Duties and Responsibilities: 
·         Actively contribute to the development and Implementation of sound accounting systems in support of corporate accounting;
·         Prepare monthly trial balance and compile financial statements and quarterly accounts;
·         Offer support in preparing special financial reports e.g. creditors, capital expenditure, specified tax returns and schedules;
·         Prepare and submit timely monthly, quarterly and annual management reports, and board accounts and reports;
·         Coordinate and prepare timely and accurate financial budgets and forecasts by consolidating budgets;
·         Regularly analyze budgets and other financial variances and advise Financial Controller accordingly;
·         Offer support in the preparation of quarterly, half year and final year accounts;
·         Ensure bank reconciliations are prepared in line with Aon’s policy;
·         Ensure expenses are analysed on a monthly basis and properly allocated;
·         Responsible for Insurance Company Reconciliations;
·         Process premium payments via EFT/Cheques to Underwriters;
·         Offer support in the preparation of tax returns;
·         Confirm the brokerage per the invoice register (Sub-ledger) and the General Ledger;
·         Binders /Master Policies processing;
·         Participate in internal and external Audits- Providing documentation and explanations on any queries raised by the auditors, Uganda Revenue Authority (URA) and the Insurance Regulatory Authority (IRA);
·         Ensure the statutory returns are done timely – NSSF, PAYE, LST, WTAX, VAT;
·         Staff premium processing- Posting staff commissions;
·         Processing the staff payroll
·         Process payment to other service providers
·         Perform any other duties as may be assigned by the manager.

Qualifications, Skills and Experience: 
·         The ideal candidate must hold a Bachelor’s degree in Finance, Accounting or related field
·         Professional Qualifications i.e. CPA(U) or ACCA
·         At least five years relevant working experience with three years in senior management
·         Previous experience in the use of specific type of procedure and data production methods using appropriate technology
·         Ability to supervise a team and deliver well under pressure and meet deadlines
·         Good time management skills and attention to detail
·         Good report writing skills
·         Good management skills
·         Excellent interaction and presentation skills
·         Excellent organisational and analytical skills
·         Interpersonal and communication skills
·         High degree of flexibility and adaptability
·         Good report preparation skills
·         Analytical and negotiation skills

How to Apply:
All suitably qualified and interested candidates should send their updated CVs and cover letters to the address below with the subject line “Finance Manager.” Attachments must not fill more than 2 MB.

People Performance Group,
Plot 8 Kitante Close,
P.O. Box 12405 Kampala. Uganda

E-mail to: application@ppg.co.ug

Deadline: 28th October, 2016 by 5.00 p.m.

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