Finance Manager Job Placement – ABC Capital Bank Ltd

 Job Title:     Finance Manager
Organisation: ABC Capital
Bank Ltd
Duty Station: Kampala,
Uganda
Reports to: Executive
Director
About US:
ABC Capital Bank started its journey in 1993, as a deposit taking
financial institution then trading by the name Capital Finance Corporation
Limited. Licensed and supervised by Bank of Uganda under the Financial
Institutions Act 2004, Capital Finance Corporation Limited offered a wide range
of products such as savings accounts, business accounts, fixed deposits,
business loans services and remittances through Western Union money transfer
agency. ABC Capital Bank is part of ABC Group, Kenya and has ambitious growth
plans.
Job Summary: The Finance
Manager will ensure the integrity of the finance management systems of the
Bank, contribute to the development and implementation of a finance strategy
duly approved by the Bank taking into account profitability, balance sheet
growth, growth impacts, and capital requirements and risk for the long term
sustainability and growth of the Bank.
Key Duties and
Responsibilities:  
  • Responsible for the preparation of the
    annual business plan, capital expenditure, operating budget and periodic
    revised estimates.
  • In charge of the preparation of key micro
    and macro assumptions for input into the planning and budgeting process.
  • Comply with the risk management limits and
    guidelines and ensure their implementation across the bank.
  • Ensure the overall integrity and accuracy
    of the General Ledger as a basis for the preparation of Financial and
    Management Reporting
  • Develop and implement reporting of key
    management information ensuring data integrity and timely communication to
    relevant stakeholders.
  • Drive the required business analysis and
    related process for making recommendations for new or improving
    performance opportunities.
  • Providing detailed monthly performance
    statements and analysis for the Bank and its individual business lines,
    discuss, plan, and monitor interventions to keep the business units on
    budget. Investigate variances and recommend remedial measures where
    necessary.
  • Identify areas of performance shortfall
    and propose corrective interventions.
  • Mentor and supervise the operations of the
    Finance Department including financial reporting, management accounts,
    accounts payable, accounts receivable and reconciliations.
  • Actively participate in setting the Bank’s
    finance strategy and objectives.
  • Ensure that all internal and external
    reporting requirements are timely met, including preparation of monthly
    and quarterly accounts, and Statutory Annual Financial Statements.
  • Comply with the applicable laws and
    regulations related to tax and statutory payments; (Corporate Tax, PAYE,
    NSSF, With Holding Tax e.t.c)
  • Being the custodian of the General Ledger,
    Chart of Accounts, and the central repository for all Financial and
    Management information for the Bank.
  • In charge of monitoring all balance sheet
    and income statement account movements and ensuring that they reflect the
    correct balances and all relevant account reconciliations are performed
    and corrective actions taken timely.
  • Ensure maintenance of and adherence to the
    Bank’s accounting policies and procedures.
  • Playing a leading role in coaching and
    developing his/her team
  • On a regular basis, the incumbent will
    review the Finance policy in coordination with Risk, Executive Management
    and Board of Directors.
  • Once the vision is given by the Board, to
    actualise this vision into a strategic plan in coordination with Risk and
    Executive Management.
  • Provide technical support to the Bank on
    matters relating to taxation and ensure that the Bank is not exposed to
    any risk arising out of taxation.
  • Work closely with External Auditors to
    ensure that Audit is done in a timely manner and accounts are prepared and
    signed off promptly.
Key Performance Indicators:
  • Efficient
    use of funds and increased profitability
  • Strict
    Compliance with BOU regulations and ALCO policies
  • Timely
    Reporting to the Executive Management and BOU
Qualifications, Skills and
Experience:
  • The applicant for the ABC Capital Bank
    Finance Manager career placement should hold a  University Degree in
    Accounts/ Finance
  • Possession
    of Professional Accounting qualification such as ACCA/CPA is
    mandatory
  • A minimum of five years’ experience in Accounting and Finance function, three of
    which should be in a managerial position in a bank.
  • Good financial management skills
  • Risk
    Management skills
  • Excellent
    analytical and problem solving skills
  • Communication
    (verbal and written) and interpersonal skills and Leadership
    Abilities
How to Apply:
The ideal candidates are encouraged to send their applications
including a signed cover letter, CV and three reputable references to
hr@abccapitalbank.co.ug
Deadline: 21st June 2017
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