Deputy Financial Controller Job Opportunity – Tugende

Job Title:       Deputy Financial Controller
Organisation: Tugende
Duty Station: Kampala, Uganda
Reports to: Financial Controller
About US:
Tugende is a for-profit social enterprise based in Uganda.
Our mission is providing finance and support to help the self-employed own
income generating assets. Our core product is a lease to own model for
motorcycle taxi drivers (boda bodas) who own their own motorcycles in 19 months
or less with weekly payments similar to what they otherwise pay to rent
indefinitely from informal landlords. Ownership significantly increases income,
job security and road safety. Tugende currently serves over 6,000 active
customers in Uganda through 150+ employees across 7 branches, and 4,500
additional leases have already been fully repaid. With a market for motorcycle
taxis of over 800,000 drivers in East Africa alone, Tugende is expanding
rapidly in our core product. We are also building a platform with our staff,
branches, data, systems, and deep knowledge of earners in the informal sector,
which will easily enable us to expand into other asset finance and value added
services offerings in the near future.
Job Summary:  The Deputy Financial Controller will
contribute broadly to the Finance Department’s operations including auditing
and accounting, financial planning & reporting, defining short- and
long-term business strategy, hedging foreign currency exposure, determining
Tugende’s capital structure, and managing treasury and fundraising. The
successful Deputy Financial Controller will be sharp, precise, and unafraid to
dive into large and complex projects. The candidate will be required to take
responsibility for significant work streams within the Department. He or she
will ensure accuracy and timeliness of deliverables and set the bar for high
performance of the department, direct reports, and individual goals. The right
candidate is motivated by Tugende’s mission and challenging business
environment, understanding it is less structured and often higher pressure than
established slow-growth firms. We are growing quickly and are expanding our
team (of 150+), our branch network (incl. into other countries in East Africa),
and our portfolio of assets. The candidate has a desire to improve themself and
Tugende as a whole and are proactive in suggesting and implementing the changes
necessary to align with Best Practices. Opportunities for growth will include
external training or further education, opportunities to represent the company
publicly, leadership of other team members, and a growth path to higher level
finance roles at Tugende or beyond. We prefer candidates who are already
chartered accountants (ACCA/CPA) but we willing to consider high achieving
individuals who have started the above certification and will commit to
completing it as soon as possible while with Tugende. The right candidate will
have demonstrated excellence in at least 2 years experience with a previous
challenging role (e.g. top auditing firm, bank, or other competitive
environment). The position will be based in Kampala and will report directly to
the Financial Controller. This position offers the opportunity for the
management of accounting officers, aligned with your interests and experience.
Key Duties and Responsibilities: 
Client Account Management
Client Billing and Accruals
  • Prepare weekly invoices
    for posting to QuickBooks Online, our accounting system
  • Reconcile invoices between
    our accounting system and our leasing system to ensure the accuracy of
    customer balances
Client Weekly Payments and Fees
  • Review client payment from
    all payment channels – including traditional channels, such as banks, and
    cashless channels, cush as PayWay and MTN Mobile Money
  • Review weekly payment
    reconciliation reports prepared by accounting officers
  • Prepare and post weekly
    payments and applicable fees to QuickBooks Online
Lease Terminations and Cancellations
  • Review lease termination
    and cancellation metrics on a weekly basis
  • Work with Tugende’s
    Operations and Business Intelligence teams to verify the accuracy of lease
    termination and cancellation data
  • Affect lease termination
    and cancellation data in QuickBooks Online.
Payroll Management
  • Prepare the monthly
    payroll, including statutory and non-statutory deductions, for submission
    to the Bank
  • Ensure that payroll information
    is up-to-date in the company’s payroll system
  • Affect payroll in
    QuickBooks Online, and reconcile this information with Bank statements and
    employee payslips
Accounting and Bookkeeping Oversight
  • Review all transactions
    for cash and bank accounts on a daily basis
  • Review the allocation of
    costs to Tugende’s branches, and flag any deviations from branch budgets
  • Support accounting
    officers to ensure weekly transactions deadlines are met
  • Ensure the accuracy of
    monthly cash and bank reconciliation reports
  • Prepare weekly and monthly
    cash projection reports
  • Ensure that all inventory
    and fixed asset accounts are reconciled across all Tugende branches
  • Review monthly journals
    posted in QuickBooks
Fixed Asset Management
  • Update the fixed asset
  • Prepare the disposal
    schedule for verification
  • Post monthly depreciation
    and disposals
  • Review fixed asset
    register with physical asset in all branches
Compliance and Taxation: Review and file monthly: PAYE returns,
NSSF returns, VAT, and Withholding tax

Qualifications, Skills and Experience: 
  • The applicant for the Tugende
    Deputy Financial Controller job placement must hold a Bachelor’s degree in
    Accounting and Finance from a reputable institution
  • Certified Public
    Accountant (CPA), Associate Chartered Certified Accountant (ACCA), or
  • At least two years of work
    experience in a reputable, challenging organisation, preferably an
    accounting and audit firm, bank etc.
  • Advanced MS Office user,
    particularly Excel and PowerPoint
  • Experience with Quickbooks
    Online, or another Cloud-based accounting package, is preferred, though
    not necessary
  • A high level of attention
    to detail – you should be able to ‘catch’ and resolve errors or omissions
    before more senior members of the team do
  • A desire to learn and to
    grow. We are growing quickly and you should have a desire to respond to
    the challenges that that growth presents
  • Adopt a proactive
    approach. You’re the kind of person that fixes inefficient processes and
    suggests solutions to problems that are outside of your delegation
How to Apply:
All suitably qualified and interested candidates are
encouraged to apply online at the link below.
Deadline: 15th July 2018
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