Chief Financial Officer (CFO) Job at Newrest Uganda In-flight Services Ltd - Career Opportunity in Uganda

Vacancy title:
Chief Financial Officer (CFO)

Jobs at:
Newrest Uganda In-flight Services Ltd

Deadline of this Job:
Friday 3rd November 2017

Duty Station:
Kampala, Uganda

Job details:
Newrest Uganda In-flight Services Ltd is seeking for:
Job Title: Chief Financial Officer (CFO)
Reporting to: General Manager

Job Description:
Reporting:

• Submission of Sage Push via lnfodaf
•  Submission of FDQM upload file and upload- Submission of HFM Flows submission
• Finalization of intercompany reconciliations via HFM
• Extra lnfodaf report by cost centre
•  Extra weekly infodaf Debtors and Creditors Ageing report
• Extract weekly lnfodaf Debtors and Creditors Ageing report
• Update Cost of Sales trend report by Cost Centre
• Extract and update YTD Operating Costs report by Cost Centre
• Report financial results to the board of directors
• Providing and Interpreting Financial Information

Risk Management:

• Understand and mitigate key elements of the company risk profile
• Monitor all open legal issues involving the company, an legal issues affecting the industry
• Construct and monitor reliable control systems
•  Maintain appropriate insurance coverage
•  Ensure that the company complies with all legal an regulatory requirements
• Ensure that record keeping meets the requirements o auditors and government agencies
• Report risk issues to the audit committee of the board of directors
• Maintain relations with external auditors and investigate their findings and recommendations

Creditors

• Ensure that all creditors are in line with the payment for agreements in order to qualify for the relevant rebate and discounts.

Debtors:

• Ensure that debtors are collected timeously! to run an effective cash flow

General Ledger:

• Reviewing and maintaining control accounts
• Scheduling of balance sheet accounts and analysis P&L accounts as required
• VAT Reconciliation and in-time submission
• VAT and other taxes Audits
• Ensuring debtors, creditors and cashbook ledgers reconcile to the general ledger
•  Processing of Journal entries
• Verify installment Sales Agreement Schedule
• Maintaining Fixed Assets Schedule

Banking:

• Monitoring bank balances.
• Creating and maintaining the creditor database with the Banks
• Capturing of payments
• All business banking administration, (electronic and manual) opening, closing and maintaining accounts and signatories.
• Review Bank Reconciliations
• Final Bank Release function for salaries and payments
• Final review of the monthly payroll

Cash flow:

• Cash flow forecasting, daily and monthly
• Calculation of monthly cash requirement
• Managing payments within cash flow constraints

Taxation:

• Ensure that the company complies with all tax laws, rules, regulations, etc in relation to it‘s business
• Ensure income Tax compliance and submission of tax returns
• Ensure Vat compliance and submission of returns
• Effective handling of all Tax Administration Queries

Qualification and Experience:

• At least a degree in Financial Accounting, Commerce or related fields and at least 5 years‘ experience
• He/ She should have ACCA and familiar with more than three accounting packages
• At least 3 years‘ experience in the Audit Department of a reputable organisation.

Job application procedure
If you think you match the above criteria, please send your application together with a detailed resume and copies of the relevant academic papers not later than Friday 3rd November 2017 to:
Human Resources Manager
Newrest Uganda In-flight Services Ltd
Plot M92 Sebugwawo Drive, Airside Road
P.O.BOX 728 Entebbe-Uganda