Financial Controller job at Nft Consult Ltd

About the Organization

NFT Consult is a business process outsourcing firm with offices in Uganda, Kenya, Rwanda, Tanzania, Zambia, Burundi, South Sudan and UK.

We are an ISO 9001:2015 accredited Human Resource Management firm offering Recruitment, Manpower Outsourcing, Payroll and Provision of IT Enabled HR Solutions. We specialise in the Oil & Gas, Telcoms, IT and Financial Sectors and are located in Uganda, Kenya, Rwanda, Tanzania, Burundi, Zambia and South Sudan. Through the partnerships we have developed with our clients and firms offering similar services we are able to extend our services throughout Africa. We are committed to making a difference in our community through the relevant solutions we offer.

Job Description

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.

Qualification, Experiences and Competencies

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.