Principal Treasurer job at Fort Portal City Service Commission
Organization:
Fort Portal City Service Commission
About the Organization:
The Ministry is geared towards facilitating an efficient and effective Public Service through taking care of enabling policies, systems and structures. This focuses on performance for national development and improved quality of life in Uganda.
Job Description
The role of a Principal Treasurer typically involves overseeing the financial operations of an organization, managing its funds, investments, and financial risks, and ensuring compliance with regulatory requirements
Duties and Responsibilities
Financial Management: Develop and implement financial strategies, policies, and procedures to ensure effective management of the organization's finances, including budgeting, forecasting, cash flow management, and financial reporting.
Investment Management: Manage the organization's investment portfolio, including evaluating investment opportunities, assessing risks, and making recommendations to optimize returns while maintaining liquidity and preserving capital.
Treasury Operations: Oversee treasury functions such as cash management, banking relationships, liquidity management, and debt financing activities to ensure the organization has adequate funds to meet its obligations and strategic objectives.
Risk Management: Identify, assess, and mitigate financial risks facing the organization, including interest rate risk, currency risk, credit risk, and market risk, through the implementation of risk management strategies and hedging techniques.
Financial Reporting: Prepare and present financial reports, statements, and analyses to senior management, board of directors, and external stakeholders, ensuring accuracy, transparency, and compliance with accounting standards and regulatory requirements.
Compliance: Ensure compliance with relevant financial regulations, laws, and standards, including tax laws, accounting principles (GAAP/IFRS), regulatory requirements (SEC, IRS), and internal control policies (SOX), and oversee audits and examinations by regulatory authorities.
Internal Controls: Establish and maintain effective internal control systems and procedures to safeguard the organization's assets, prevent fraud, and ensure the integrity and reliability of financial information and reporting.
Financial Planning and Analysis: Provide financial planning and analysis support to senior management, including financial modeling, scenario analysis, variance analysis, and strategic financial planning to support decision-making and performance optimization.
Qualifications and Experience
Education: A bachelor's degree in finance, accounting, business administration, or a related field is typically required for Principal Treasurer positions. Advanced degrees (e.g., MBA, Master of Finance) or professional certifications (e.g., CFA, CPA, CTP) may be preferred or required for certain roles.
Experience: Extensive experience in financial management, treasury operations, and investment management, preferably in a leadership or managerial role, is typically required. Experience in the relevant industry or sector may also be preferred.
Financial Skills: Strong financial acumen, analytical skills, and quantitative skills are essential for Principal Treasurers to analyze financial data, evaluate investment opportunities, assess risks, and make informed financial decisions.
Leadership Skills: Strong leadership and management skills are important for Principal Treasurers to lead and motivate their teams, set strategic direction, and drive financial performance and results.
Communication Skills: Excellent communication and interpersonal skills are necessary for Principal Treasurers to effectively communicate financial information, analysis, and recommendations to senior management, board members, and external stakeholders.
Integrity and Ethics: Principal Treasurers must demonstrate integrity, ethical conduct, and a commitment to compliance with laws, regulations, and ethical standards in all financial dealings and decision-making.
Problem-Solving Skills: Strong problem-solving and decision-making skills are important for Principal Treasurers to identify financial challenges, evaluate alternative solutions, and implement effective strategies to address issues and achieve objectives.
Adaptability and Resilience: Principal Treasurers should be adaptable to changing business environments, market conditions, and regulatory requirements, and be resilient in managing financial risks and uncertainties.
How to Apply
APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Are you interested? Click the "APPLY" button below to submit your application.
Deadline for Application
May 21, 2024
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