Financial Controller Job at Nft Consult Ltd

Nft Consult Ltd

Financial Controller Job Post

Location: Jobs in Uganda 2023 - 2024

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: June 21 2024

Hiring Organization: Nft Consult Ltd

Job Details:

Job Summary:
The Financial Controller is responsible, for providing financial information, analysis, and insights to support management decision-making while overseeing general accounting procedures and practices within the organization to ensure that accurate data is maintained in the ERP System

Duties and Responsibilities:
• Financial Reporting and Analysis - To ensure that the financial data is collected, tracked, and analyzed to provide reports on a monthly, quarterly and yearly basis to aid management make strategic decisions about a company's operational activities, growth, and future profitability based on its overall financial health and stability major accountabilities.
• Management Reporting - Create reports and dashboards to communicate financial information to different levels of management; and summarize complex financial data into easily understandable formats for non-finance audiences to enable them understand the financial performance of the company.
• Budgeting and Forecasting - To oversee the development and implementation of the NHOP master budget, ensuring that resources are well managed including bu not limited to; Develop budgets and financial forecasts for the organization; monitor actual financial performance against budgeted figures and identify variances; and provide commentary and make recommendations for improvement.
• Cost Management - Calculate and analyze the cost of products; identify cost-saving opportunities and efficiency improvements; and develop and implement cost allocation methods to assign expenses appropriately.
• Pricing - Analyze costs and market conditions to guide pricing discussions.
• Performance Measurement - Develop and implement performance measurement systems to track key metrics and evaluate the success of various initiatives; and provide insights into the factors driving performance and recommend corrective actions.
• Decision Support - Offer financial analysis and modeling to support strategic decisions, such as investment evaluations and capital budgeting; and conduct sensitivity analysis and scenario planning to assess the potential impact of different decisions.
• Risk Management - Assess and manage financial risks, including market risk, credit risk, and operational risk; and develop risk mitigation strategies and recommendations for management.
• Managing Staff - To lead the Production Analysts and the Cost Analyst in a manner that empowers them to efficiently manage the finances of NHOP and deliver excellent customer service.

Other Tasks:
• Fixed asset management and IFRS 16 accounting.
• Production accounting.
• Liaise with inventory manager to ensure safe custody of stock.
• Manage the chart of accounts.
• Support the external audit process.
• Training and developing subordinates

Education, Skills, and Experience:
• University degree in Finance, Accounting, Statistics, or other courses of a numerate background but must have relevant professional qualification – CPA or ACCA.
• Five years’ experience in a professional audit firm or a manufacturing organization.
• High level of analytical and performance management skills and attention to detail.
• Good computer knowledge, exposure to an ERP environment and reporting tools. Excellent knowledge of spreadsheets and other Microsoft office applications is essential.
• Good understanding of IFRS and Taxation in Uganda.
• Strategic thinking - ability to develop strategies to achieve organizational goals; understand the organization’s strengths and weaknesses; and adopts strategies to changing conditions.
• Good business acumen - understand business implications of decisions; display orientation to profitability and risk management; demonstrate knowledge of market and competition; and align work with strategic goals.
• Good understanding of processes in different business areas.
• Good reporting and communication skills.
• Leadership - exhibit confidence in self and others; inspire and motivate others to perform well; effectively influence actions and opinions of others; inspire respect and trust; provide vision and inspiration to peers and subordinates; and mobilizes others to fulfill the corporate vision.
• Analytical - ability to synthesize complex and/or diverse information, and designs workflows and procedures.
• Team-work - able to balance team and individual responsibilities; and recognize accomplishments of other team members
• Change Management - develops workable change plans; communicates changes effectively; and monitors transition and evaluates results.