Monday 1 April 2013

Finance Manager Job Vacancy at Gatsby Microfinance Ltd


Job Title:  FINANCE MANAGER

Job Description

Job purpose
The finance manager will manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. Further, the finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance.

Duties: Management
1. Maintain a documented system of accounting policies and procedures
2. Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department’s goals and objectives

Funds Management
1. Forecast cash flow positions, related borrowing needs, and available funds for investment
2. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
3. mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions
4. Maintain banking relationships
5. Assist in determining the company’s proper capital structure
6. Arrange for equity and debt financing
7. Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows.

Budgeting
1. Manage the preparation of the company’s budget
2. Report to management on variances from the established budget, and the reasons for those variances
3. Assist management in the formulation of its overall strategic direction

Financial Analysis
1. Engage in ongoing cost reduction analyses in all areas of the company
2. Review the performance of competitors and report on key issues to management
3. Engage in benchmarking studies to establish areas of potential operational improvement
4. Interpret the company’s financial results to management and recommend improvement activities
5. Review company bottlenecks and recommend changes to improve the overall level of company throughput
6. Participate in target costing activities to create products that meeting predetermined price goals
7. Assist in the determination of product pricing in relation to features offered and competitor pricing
8. Compile key business metrics and report on them to management
9. Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis

Desired Qualifications:
• The finance manager candidate should have a Bachelor’s degree in finance or accounting, or equivalent business experience and 5 years of progressively responsible experience in microfinance industry.
• Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant qualifications
• . Excellent communication skills are essential, particularly in regard to presenting the results of analyses to management. Should have an outstanding knowledge of spreadsheets.



How to Apply

Gatsby Microfinance Ltd is a subsidiary company to Uganda Gatsby Trust. A trust supported by the Gatsby Charitable Foundation (UK). Gatsby Microfinance is a fast growing company with branches in 7 districts. In order to meet its needs in strategic planning, the company is seeking to recruit dynamic, self motivated, result oriented personnel to fill the following positions
Suitable candidates should submit their applications including detailed CV with at least 3 reference contacts, photocopies of academic transcripts and testimonials, to
The Human resource Manager,
Gatsby Microfinance Ltd,
P.O. BOX 37828 Kampala.Uganda.
Please note that only shortlisted candidates will be contacted