JOB DETAILS:
Title: Chief Finance Officer
Reports To: Managing Director/Ceo department:
Finance duty Station: Head Office
About Us:
United Bank for Africa (UBA) is one of Africa’s leading financial institutions, with operations in twenty (20) countries and three (3) global financial centers: London, Paris and New York. UBA has evolved into a Pan-African, provider of banking and related financial services through diverse channels globally. United Bank for Africa Uganda represents UBA’s pioneer country activities in the East and Southern African sub-region. With a growing network of branches and ATMs across the country, the bank continues to expand the retail and commercial playing field in Uganda by delivering unique financial products and solutions.
Job Summary
• To develop and implement financial strategies, plans and activities of the Bank with the aim of strengthening the financial capacity of the bank in line with the overall bank strategy and regulatory standards.
• To continuously improve the financial position of the Bank by closely working with the Managing Director/CEO.
Duties And Responsibility
• Develop, cascade and monitor the implementation of financial strategy and work plans/Activity plans aligned to the overall bank strategy.
• Train, motivate and manage performance of the finance team to enhance staff productivity thorough daily supervision of the team’s activities, feedback and provision of leadership in line with the HCM policies.
• Monitor expenses and control costs within the bank by carrying out periodic monitoring, evaluation, control and approval of budget requests and assessment/review/evaluation of bank’s financial condition, financial position and recommend viable alternatives for cost effective operation.
• Develop performance measures that support the bank’s strategic direction and champion the achievement of revenue targets on interest income and off-balance sheet earnings through continuous monitoring of business performance and profitability performance mechanisms in line with the bank’s overall strategy.
• Provide strategic support and directives to various business offices within the Bank during the bank audit by regulatory authorities/external auditors, Review the findings and recommendations made by the internal & external auditors and drive adherence to internal and external policies to meet compliance requirements of the bank and regulatory authorities.
• Prepare, present and interpret financial reports to Management, Board of Directors, relevant shareholders and to direct and supervise preparation of all fiscal reporting.
• Develop and maintain functional systems for submitting accurate and timely periodic information to Bank of Uganda and Uganda Revenue Authority (URA), National Social Security Fund (NSSF) and any other regulatory authorities in accordance with the applicable regulations and Laws of Uganda.
• Drive adherence to GL compliance, best practice financial management governance and other regulatory and non- regulatory policies and standard.
Job Requirements
• First degree in Accounting, Banking & Finance or related discipline from a reputable University.
• Must be a qualified accountant (ACCA, CPA).
• Possession of CPA is a MUST have.
• Masters qualification is an added advantage
• At least 8 years’ cognate experience in banking and preferably in the Finance Department Skill/Competencies
• Professional disposition,
• Strategy formulation & Business Awareness,
• Accounts Management & Accounting Skills,
• Resource Management, Delegation & Empowerment,
• Ability to Inspire, Manage Change and drive productivity,
• Comprehensive knowledge of regulatory pronouncements and financial laws.
• Extensive knowledge in strengthening financial discipline in banking operation.
How to Apply
All interested candidates should send CV, application letter and copies of academic certificates to ubaugandahr@ubagroup.com addressed to; Head of Human Capital United Bank for Africa Plot 2, Jinja Rd Kampala, Uganda.
Closing Date : 12th May 2020