Chief Finance Officer Employment Placement – UAP Insurance Uganda

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Job Title:      Chief Finance Officer
Organisation: UAP Insurance Uganda
Duty Station: Kampala, Uganda
Reports to: Group Chief Finance Officer
About US:
The
UAP Old Mutual Group comprises of three key players as a result of the
acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old
Mutual. The acquisition resulted in Old Mutual Kenya, UAP Holdings and Faulu
Microfinance Bank forming one of the largest financial services groups with a
growing footprint in East and Central Africa. The Group currently has
operations in Kenya, Uganda, Tanzania, South Sudan, Rwanda and the Democratic
Republic of Congo. The Group now offers customers a comprehensive and enhanced
range of financial services which include Investment, Insurance, Banking, and
Savings as well as a wider and more accessible distribution network. The wider
group also offers broad career growth prospects for employees. UAP Insurance
Uganda is part of the UAP Old Mutual Group.
Job Summary: The Chief Finance Officer will actively contribute
to the broad financial strategy across the country and will primarily execute
it through Managers and their teams, over a 1-2 year period.
Key Duties and Responsibilities: 
1. Financial Reporting:
  • The jobholder will be accountable for
    preparation of financial reports and record keeping for business unit
    through other managers and their teams.
  • Could include consolidation of accounts.
2. Business Planning:
  • The jobholder develops and takes
    accountability for the business unit business plan.
  • Sets operational policies for the business.
3. Governance &
Compliance:
  • Ensures best financial operating practices
    are in place.
  • Responsible for internal and external audit
    liaison.
  • Ensures tax, legislative and statutory
    requirements are met.
  • The jobholder also ensures IAS compliance
    within a unit.
  • Sets operational policies for actuarial
    valuation of the business.
4. Financial Strategy:
  • Actively contributes to and is individually
    accountable for implementing the broader financial strategy across the
    business over a 1-2 year period.
  • Aligns financial and governance strategy to
    needs in the external market (inclusive of legislative changes)
  • Translates strategy into business plan.
  • Plays an active role in the Finance community
    and champions the financial soundness and profitability of the business
    unit.
  • Understands and supports the business
    strategies of other i segments and markets.
5. Management
Effectiveness:
  • Manages staff and aligns staff performance
    contracts to : business plans.
  • Manages team to optimize delivery.
  • Holds first line managers accountable for
    managerial work, i including selection, performance management and talent management.
  • Develops Manager of Others and specialists
    under supervision.
  • Selects potential Manager of Others to
    sustain pipeline.
6. Risk Management: Monitors
financial processes and performance for business ; unit/segment.
7. Tax Management: Looks for
opportunities to minimize tax liabilities of the organization.
Qualifications, Skills and Experience: 
  • The Chief Finance Officer should hold a degree
    in Accounting, Finance. Possession of an MBA in Finance will be an added
    advantage
  • Professional accounting qualifications i.e. ACCA/CPA
  • A minimum of seven to eight years of relevant
    experience
  • Personal Competencies: Information Monitoring, Business
    Awareness, Decision Making, Gaining Commitment, Ownership, Planning &
    Organizing, Technical Knowledge, Thinking Skills, Aligning Performance for
    Success, Gaining Commitment.
How to Apply: 
All
suitably qualified and interested candidates should send their applications to:
resourcing@uap-oldmutual.com
Deadline: 27th May 2016

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