Finance Manager – Uganda

Job Details

Wananchi Group Uganda is seeking a Finance Manager based in Kampala, Uganda, within the Finance Department reporting to the Chief Operating Officer for day-to-day operational and administrative matters. The role maintains accounting records for Simbanet Uganda, Wananchi Cable Uganda and Wananchi Group Uganda, produces timely and accurate accounts in line with generally accepted accounting principles and company policies, ensures statutory compliance, and supports business planning, treasury and financial analysis. Employment is full-time.

Key Duties and Responsibilities

• Reporting: Prepare weekly reports (trading forecast, accounts payable/receivable, sales orders, bandwidth costs, MRR, cash balances), monthly reports (trading results, statement of affairs, cash flow, inter-company balances, fixed assets, stock valuation), quarterly/yearly reports, and three-month cash flow and trading forecasts
• Business planning and budgeting: Develop company budgets with department heads, align budgets to business plan, enforce budgetary controls, perform variance analysis and reforecasts
• Statutory compliances: Ensure adherence to PAYE, NSSF, NHIF, VAT, withholding tax, instalment and final tax and facilitate government audits
• Financial analysis: Analyse trading trends, interpret results for management, develop financial ratios, analyse service profitability, ROI on investments (POPs, base stations) and customer connections per building
• Internal control and governance: Ensure financial policies and segregation of duties, prepare for internal audits, liaise with external auditors and ensure audited accounts by 30th March
• Treasury management: Review cash/bank balances daily, ensure funding for operations and capex, conduct surprise cash counts, review bank reconciliations monthly, maintain banking relationships and invest excess funds
• Procurement management: Ensure competitive pricing, capex compliance with approved budget and adherence to procurement procedure, approve LPOs
• Receivables management: Ensure annuity billing on 1st of every month and correct first billing per contract
• Payables management: Ensure accrual of costs, approve payment vouchers, reconcile supplier accounts and ensure timely payments
• Inventory management: Conduct monthly stock take by 30th, maintain bin cards, avoid stock-outs and excess stock of slow-moving items
• Fixed asset management: Maintain fixed asset register, tag assets, insure assets, conduct physical verification and approve capex per budget
• General duties: Staff supervision and development, monthly book closure, GL review, salary processing, cost control, insurance negotiation and day-to-day administration

Qualifications, Skills and Requirements

• Bachelor's Degree in Finance, Accounting, Commerce, Economics, or a related field
• CPA (Uganda) / ACCA / CIMA or equivalent professional accounting qualification; membership in a relevant professional accounting body is an advantage
• 8-10 years of progressive experience in finance and accounting, with at least 3-5 years in a managerial or senior finance role
• Demonstrated experience in financial reporting and management accounts (monthly, quarterly, annual), budgeting, forecasting, variance analysis
• Experience managing statutory compliance including VAT, PAYE, withholding tax, NSSF and other obligations
• Experience in treasury and cash-flow management including bank reconciliations and forecasting
• Experience overseeing accounts receivable, accounts payable, inventory and fixed asset management
• Experience coordinating internal and external audits and implementing internal controls
• Experience supervising, developing and managing a finance team
• Experience in telecommunications, ISP, technology or similarly complex multi-entity environment is an advantage