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Head of Finance and Administration Kampala

Posted by Royal Transit Limited Private Central
  • Company: Royal Transit Limited
  • Experience: None
  • Studies: Bachelor
  • Category: Accounting
  • Contract: Permanent
  • Salary: < 100.000 / month (USh)
Job Title: Head of Finance and AdministrationOrganisation: Royal Transit LimitedDuty Station:  Kampala, UgandaAbout Us:NFT Consult, a leading HR Consultancy firm, seeks to recruit for it valuable client, Royal Transit Limited, a Transport and Logistics specialist. NFT Human Resource Solutions are customer tailored per industry requirements and are geared towards increased cost savings, process improvement leading to improved efficiency and effectiveness yet simultaneously strengthening quality and control of resources.Key Duties and Responsibilities: 1. Staff Management:Supervise and mentor administration and the accounting office staff.Offer appropriate career building and professional development activities to ensure a climate of growth for all employee groups. Consider future opportunities for staff within the company.Routinely monitor workplace for areas where growth is needed or possible and where existing resources can be further enhanced.2. Cash and Risk Management:Manage ongoing banking relationships for maximum efficiency.Develop cash flow forecasting and maintain a long term cash forecast.Responsible for the management of the company’s insurance and risk management program.Manage the annual insurance renewal process and ensure appropriate coverage is maintained at all times.Ensure appropriate legal review of contracts and solicit external legal advice as required. Review finance of preferred vendors.3. Accounting and Financial Controls:Oversee the payroll function ensuring efficient systems, process and controls.Manage the financial system, ensuing maximum productivity and that it meets the needs of the business today and the future.Mange the continuous improvement of accounting and financial processes and the development of the team with the goal to achieve best practices and optimal output.Develop and oversee accounting policies and procedures to meet both current and future business models.Oversee the external audit, review and analyze results and recommend for approval the audited financial statements.Compile and prepare the financial section of the annual report.Oversee the cash management function, including banking relationships.Ensure the company is in compliance with all internal policies and relevant regulations and ensure filings are completed in a timely manner.Develop and oversee the internal review function to ensure that finance and operations controls and policies are complied with in the head office and field offices. Ensure effective follow up processes are in place.4. Leadership:Ensure the team delivers the highest standard of departmental, cross departmental and cross company teamwork and customer service.Ensure optimal deployment of resources to achieve business goals.Develop finance and accounting team goals that are fully aligned with the company goals.Coordinate with the Head of Advisory to lead and coach the team to recruit and retain high calibre staff.Work closely with the head of Advisory to provide coaching, guidance and support, set professional development plans to assist employees to reach their full potential through the performance management process.5. Management Reporting:Responsible for financial management reporting for the foundation.Present monthly and year-to-date financials with accompanying analysis of results.Develop regular reporting and analysis, including key metrics reports, and conduct ad hoc financial analysis as required.Ensure financial management reporting tolls and processes are in place to support the ongoing and future needs of the business.Develop and prepare a monthly management reporting package.6. Budgeting:Steer the annual business plan development and budgeting process.Provide ongoing financial modelling and analysis expertiseStrategic initiatives and business plans.Lead the quarterly outlook process.Qualifications, Skills and Experience:  The applicant should possess necessary skills and knowledge to execute the duties above
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