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Chief Finance Officer job at True North Consult Ltd | Apply Now
Kampala, Uganda
True North Ltd is a leading consulting and talent solutions firm dedicated to helping businesses and individuals achieve their full potential through strategic human capital development, leadership training, and organizational transformation. Recognized for its expertise in executive search, talent management, and business advisory services, the company has built a strong reputation for delivering tailored solutions that drive growth and operational excellence.
True North Ltd fosters a dynamic and inclusive work culture, offering employees opportunities for continuous learning, career development, and a collaborative environment that values innovation and excellence. The company provides diverse job opportunities in consulting, recruitment, training, and business strategy, with flexible work arrangements that support productivity and work-life balance.
Since its inception, True North Ltd has evolved by leveraging industry insights, cutting-edge technology, and a deep understanding of market trends to develop innovative talent solutions that address workforce challenges. Its business model integrates data-driven recruitment, leadership coaching, and digital HR solutions to enhance talent acquisition, employee engagement, and business performance.
With a broad reach, the company serves clients across multiple industries, including finance, healthcare, technology, and manufacturing, supporting businesses in Uganda and beyond. Rooted in core values of integrity, excellence, collaboration, and impact, True North Ltd remains committed to fostering ethical business practices and sustainable talent development. Through Corporate Social Responsibility (CSR), the company actively supports youth employment programs, leadership mentorship, and community capacity-building initiatives to drive positive social change. For more information about services, partnerships, and career opportunities, visit [Company Website].
Are you looking for Finance jobs in Uganda 2024 today?, then you might be interested in Chief Finance Officer job at True North Consult Ltd
Full Time
Deadline:
19 Sept 2024
Chief Finance Officer job at True North Consult Ltd
True North Consult Ltd
Job Description
Duties, Roles and Responsibilities
Qualifications, Education and Competencies
See all details of the qualifications, competencies and education for this role under the "How to Apply" section below.
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1. The Chief Financial Officer (CFO) will be responsible for leading the Bank’s Finance
team and driving financial strategy and operations. You will work closely with the
executive team to ensure that financial practices align with the bank’s business
objectives and support its long-term growth and competitiveness. The CFO will establish and implement financial strategy, monitor cashflow, and assess areas of financial risk and opportunity for the Bank.
2. The CFO is charged with the responsibility to forecast, strategize for the bank’s financial future, promote growth, and provide advisory support to all stakeholders.
In addition, he/she will be responsible for identifying financial risks and implementing mitigation measures to ensure the following:
a) Financial Health: Ensuring the Bank’s financial stability and growth.
b) Strategic Planning: Aligning the Bank’s financial strategies with business goals.
c) Risk Management: Identifying and mitigating financial risks.
d) Capital Allocation: Allocating resources to maximize returns and value.
e) Cost Management: Optimizing operational costs and expenses.
Responsibilities
• He/she will provide advisory services to Management and Board of Directors on financial matters, developing long-term financial strategies, and identifying opportunities for revenue growth and cost optimization
• He/she will lead the Finance department team, set the tone for the team's culture and ensure everyone works together effectively.
• He/she will collaborate with other departments to drive financial awareness across the entire bank.
• He/she will oversee financial planning, budgeting, and forecasting
• He/she will manage financial reporting and compliance with regulatory requirements and accounting standards
• He/she will undertake timely and routine financial data analysis to support strategic financial decisions
• He/she will take charge of financial risk management and cash flow optimization
• He/she will develop and implement financial strategies that align with the Bank’s business objectives and support long-term growth in collaboration with other Bank Executives.
• He/she will oversee financial operations, including accounting, budgeting, forecasting, and financial reporting
• He/she will develop and maintain financial policies, procedures, internal control mechanisms and systems to ensure efficiency & effectiveness and compliance with regulatory requirements
• He/she will manage relationships with external stakeholders, including investors, auditors, and financial institutions
• He/she will ensure that financial practices in the bank align with industry standards
• and best practices
• He/she will ensure full transparency over the financial performance of the Bank and
• all matters pertaining to financial management.
• He/she must leverage technology to improve financial operations. This includes implementing new financial software, driving automation initiatives, or exploring cutting-edge fintech solutions to give the bank a competitive edge.
• Any other related duties
• Accountable for financial reporting in line with IFRS, Companies Act, FIA 2004 and for ensuring integrity, accuracy and completeness of financial data.
• Accountable for filing of statutory returns to regulatory authorities in a timely manner.
• Responsible for delivering effective people management processes including performance management, talent management, staff career development and succession planning.
Financial Responsibility
• Overall accountability for managing the HFB business budget.
• Accountable for effective implementation of the Bank’s Financial Risk & Control Frameworks.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
• Demonstrated ability to provide financial insights and recommendations to support business growth
• Track record of successfully managing financial risks and implementing effective
• control measures
• Experience in presenting financial information to stakeholders, including the
• Board of Directors and shareholders
• Knowledge of financial software and management tools for efficient financial operations
• Proven leadership skills in building and developing a high-performing finance team
• Ability to collaborate with senior managers across the organization to align
• financial goals with business objectives
• Understanding of regulatory compliance and reporting requirements
• Expertise in financial analysis, forecasting, and budgeting
• Strong track record in financial reporting and analysis, including the preparation and interpretation of financial statements
• Ability to develop and implement financial strategies to support the overall
• business strategy
• Knowledge of management software and systems for effective financial
• management
• Expertise in financial management, including cash flow, financial planning, and financial decision-making
• Knowledge of capital structure and the ability to optimize financial resources
• Excellent communication skills for effective collaboration with C-suite executives, and other key stakeholders
• Strategic thinking and the ability to provide insights and recommendations to improve financial health
• Proficient in analyzing financial information and using metrics to evaluate performance
• Ability to lead and manage the finance department and collaborate with senior managers and the Board of Directors
• Proficiency in financial software and management tools
• Leadership skills to guide and mentor the finance team and foster a high performing finance department
• Excellent interpersonal and communication skills for effective stakeholder management and presenting financial information
• Ability to develop and implement a business plan to drive financial growth
• Strong analytical skills to assess financial risks and opportunities
• Knowledge of financial control and compliance to ensure the accuracy and integrity of financial data
• Proven experience of implementing financial controls and/or financial risk management
• Experience of having worked in either a large financial institution or background in
• large commercial setting or mainstream accounting/audit firms in a Senior Management position is a must.
• Competencies in IFRS’s strategic & financial planning, budgeting and monitoring.
Business Behaviors
• The ability to communicate clearly both verbally and in writing
• Ability to build professional business relationships
• Takes clear accountability for delivery of corporate goals.
• Strong skills in decision making
• Ability to demonstrate positive image and role model HFB values and behaviors
• Must be a person of impeccable integrity.
• Ability to build professional relationship across all levels of the organisation.
APPLICATIONS FOR THIS POSITION MUST BE ONLINE
All candidates are encouraged to submit a cover letter and updated CV to exechire@truenorthafrica.com with subject line Chief Finance Officer
Candidates should include their FCCA / CPA numbers to their application.
All applicants should share their CV’s and Cover Letters in PDF or MS Word STRICTLY
