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Finance Manager job at Adara Development

Organization:

Adara Development

About the Organization:

Our Strategy We have planned our strategy for the next three years, and have set nine goals to guide our work. Our Vision Our vision is that each and every person has access to quality health, education and other essential services, no matter where they live. Our Mission Our mission is to bridge the worlds of business and the world of people in extreme poverty, and to support vulnerable communities with health, education and other essential services. Our Guiding Principles The core philosophy underpinning Adara's work is that we always, always do everything with humility. Our work is guided by a detailed development philosophy and a culture and values statement that is embedded in all we do. Our Pillars Adara Development has two pillars which are fundamental to our strategy and achieving our goals.

Job Description

This is a fantastic opportunity for a seasoned finance professional to join Adara Development (Uganda) as the Finance Manager Based at Kiwoko Hospital, you will oversee the daily financial operations, ensuring effective reporting, compliance, audits, and financial control. You will lead a small team, manage budgets, and maintain robust intemal controls working closely with both local and global teams. Your role will be pivotal in enhancing financial procedures, safeguarding assets, and supporting the organisation's mission with exceptional financial management and governance. This role is integral to achieving Adara Development's goals in Uganda.

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Duties and Responsibilities

Financial Planning and Analysis:

  • Develop and oversee financial plans and budgets.

  • Conduct financial analysis to identify trends, variances, and opportunities for improvement.

  • Prepare financial forecasts and reports for senior management and stakeholders.

  • Analyze market trends and economic conditions to inform business strategies.


Budget Management:

  • Monitor and manage the organization’s budget.

  • Ensure that expenditures are within approved budgets and make recommendations for budget adjustments.

  • Collaborate with department heads to create and manage their budgets.


Reporting:

  • Prepare financial statements, reports, and analyses for internal and external stakeholders.

  • Ensure compliance with financial reporting standards and regulations.

  • Present financial results and recommendations to senior management and the board of directors.

Cash Flow Management:

  • Monitor and manage the organization’s cash flow.

  • Ensure that there is enough liquidity to meet the organization's short-term and long-term obligations.

  • Implement strategies to optimize cash flow.


Risk Management:

  • Identify and assess financial risks.

  • Develop and implement strategies to mitigate financial risks.

  • Ensure compliance with financial regulations and standards.


Investment Management:

  • Manage the organization’s investment portfolios.

  • Analyze and make recommendations on investment opportunities.

  • Monitor the performance of investments and adjust strategies as necessary.

CPA Uganda April 2024 Intake

Qualifications and Experience

  • 5+ years post qualification experience Degree in Accounting and CPA Qualified Experience in financial reporting, budgeting, audit, tax and compliance obligations

  • Experience managing a small team, and the ability to delegate appropriately, and to coach and mentor finance staff

  • Ability to analyses and communicate financial information

  • Sound knowledge of the requirements set by the Ugandan Revenue Authority and other relevant regulatory bodies of Uganda

  • Sound knowledge of financial management accounting principles

  • Strong understanding and ability to demonstrate strong internal controls and procedures

  • Sound knowledge of accounting software, preferably Microsoft 305 Business Central and

  • Proficient in excel and other Microsoft office suite Ability to work cross-culturally and across different time zones, sometimes out of regular business hours

How to Apply

Interested persons who meet the above criteria should submit their CV and a cover letter highlighting how their experience is relevant to the key responsibilities described in the job description.
NOTE: Detailed Job Description may be requested from careers@adaraprouo.or
The CV must include two referees, detailing their email address and contact number. Shortlisted applicants will need to provide relevant academic documents, and a copy of their national ID.

Deadline for Application

June 27, 2024

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