Chief Finance Officer (CFO) Job Vacancy – BRAC Uganda Microfinance Ltd

Organisation: BRAC Uganda
Microfinance Ltd
Duty Station: Kampala, Uganda
About US:
BRAC Uganda
Microfinance Ltd is the largest microfinance operation in Uganda covering 110
districts through 136 networked branches targeting micro, small and medium
entrepreneurs of Uganda. BRAC boasts of promoting financial inclusion by
extending financial services to the un-served and underserved, now with over
160,000 borrowing clients, over 100Bn loan book with 99.3% recovery rate,
operationally and financially self sustaining.
Job Summary:  The Chief Finance Officer (CFO) will work
collaboratively with the CEO-BRAC Uganda Microfinance and other members of the
senior management team to implement BRAC International’s strategic initiatives
and achieve the goals of the transformed entity. The CFO must be an experienced
strategic thinker and visionary leader bringing innovative and creative
approaches while maintaining BRAC International fiscal stability, financial
performance and mission and vision.
Key Duties and Responsibilities: 
·        
Responsible for developing and implementing
financially-sound strategic initiatives directly supporting BRAC IMF Uganda’s
mission, strategy map, goals and objectives.
·        
Build and maintain strong working partnerships with
all financial institutions, know financial legislation and tax laws and
procedures to take effective financial decisions in favor of the organization.
·        
Manage the development, implementation and
maintenance of processes that assist in enhancing short range and long range
financial stability.
·        
Oversee the management of the accounting and
financial functions, including financial management of the organizations growth
through the establishment and implementation of supporting infrastructures
(financial systems, finance staff, controls and procedures), ensure compliance
with generally accepted accounting principles, local regulation and audit
·        
Collaborate with the CEO and senior management team
on organizational planning and decision making.
·        
Serve as a resource for members of senior
management, counseling them on matters of strategy, fiscal control, federal
regulatory compliance, program business performance, budgeting, business plan
including cost allocation.
·        
Manage organizational procurement, payroll, and
contracts functions and ensure best practices and efficiency
·        
Serve as a resource for information on compliance
issues.
·        
Act as the primary contact with external and
internal auditors and coordinate all financial matters with
·        
Responsible for providing accurate and fully
compliant financial information to the public, banking partners, external
auditors and other external agencies as required
·        
Accountable for overall management of the internal
Finance and Accounting and Treasury Divisions, as well as providing accurate
and timely financial reports.
·        
Responsible for risk assessment and internal
controls to ensure accurate financial reports and compliance with laws and
regulations.
·        
Send monthly communication with group finance to
discuss and update progress.
·        
Management and coaching of all financial staff
·        
Perform any other duties as assigned by the Chief
Executive Officer.
Qualifications, Skills and Experience: 
·        
The applicant should preferably hold a Bachelor’s
Degree in Finance and Accounts, Commerce or BBA-Accounting. A Post Graduate
Degree or Masters is an added advantage.
·        
Additional qualification in CPA or ACCA is a must.
·        
A minimum of seven years’ experience at both
operational and senior management levels.
·        
Excellent track record in budget and budget
administration, financial, regulatory and compliance reporting required
·        
Practical financial and management experience in a
reputable institution or audit environment
·        
General knowledge of a wide range of micro banking
products and services.
·        
Advanced knowledge of standard banking compliance
regulations, banking law, business law, employment and labour law, internal
operational policies and procedures, and banking products and services.
·        
Excellent cross cultural people management skills
·        
Familiar with maintaining close contact with
regulatory bodies, investors/ Funders and financial institutions in Uganda.
·        
Excellent problem solving and negotiation skills
·        
Exceptional oral and written communication skills
with the ability to communicate clearly and persuasively, interpret documents,
understand procedures, write reports and correspondence, and speak clearly to
third parties and employees
·        
Strong leadership and team building skill with
proven experience in developing and maintaining a strong senior Management Team
·        
Ideally domiciled in Uganda
·        
Willingness to travel both within and outside
Country
How to Apply: 
All qualified
candidates should email their updated CVs with cover letter and educational
certificates; mention must be made of current and expected salary to: hrd.uganda@brac.net
NB: Only complete applications will be accepted and
short listed candidates will be contacted. Applicants that responded to the
first advert for this position need not reapply.
Deadline: 2nd October, 2015

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