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Chief Finance Officer UAPOM job at UAP Old Mutual Uganda | Apply Now
Kampala, Uganda
Full Time
Are you looking for Finance jobs in Uganda 2025 today? then you might be interested in Chief Finance Officer UAPOM job at UAP Old Mutual Uganda
About the Organisation
UAP Old Mutual Life Assurance is a leading provider of life insurance and investment solutions in East Africa, committed to helping individuals and businesses protect their financial futures. With a strong reputation for trust and reliability, the company has earned widespread recognition for its customer-centric approach and innovative financial products. Known for fostering a collaborative, inclusive, and dynamic work culture, UAP Old Mutual Life Assurance offers its employees a chance to grow professionally while contributing to the organization’s purpose of improving the financial well-being of its customers.
With a rich history dating back to 1947, the company has evolved through key mergers and partnerships, including its acquisition by Old Mutual in 2015, to become a market leader in the region. UAP Old Mutual Life Assurance’s business model focuses on delivering accessible and innovative life insurance products tailored to meet the diverse needs of its clients. The company operates across multiple African countries, reaching a wide customer base and continuing to expand its footprint. Core values such as integrity, innovation, customer focus, and responsibility underpin the company's operations, while its commitment to corporate social responsibility (CSR) is reflected in initiatives supporting community development, financial literacy, and sustainability. For more information, visit www.uapoldmutual.co.ug.
Job Title
Chief Finance Officer UAPOM job at UAP Old Mutual Uganda
UAP Old Mutual Uganda
Job Description
Job Title: Chief Finance Officer UAPOM
Organisation: UAP Old Mutual Uganda
Duty Station: Kampala, Uganda
As the CFO, you shall be tasked with contributing to the broad financial strategy, maintaining a long-term focus on the future financial direction of the business. You shall be accountable for the execution of the financial strategy through Managers and their teams to deliver sustained growth in the organization. You will provide effective management of the Company’s financial and other resources and ensure timely and accurate reporting.
Setting and implementing the Finance strategy aligned to the East African business strategy.
Accountable for assessing business risk and ensuring compliance.
Driving profitability of the business and guides the business on growing ROE, revenues, AOP and IFRS profits.
Optimizing procurement organization to achieve procurement savings.
Providing tax advisory services in order to optimize tax and de-risk the business.
Implementing adequate and effective management actions in order to ensure that the aggregate residual risk exposure is within the specified risk appetite limit and/or within the targeted level of expected operational losses.
Assessing the effectiveness of the internal control environment by identifying the top inherent risks applicable to the business, reviewing the related key controls and key indicators.
Driving people development and the management of talent within Finance to ensure a strong succession pool.
Implement robust accounting systems that are embedded with appropriate controls that help safeguard the company’s assets and ensure accurate and timely reporting.
Liaises with external auditors on audit activities of the company.
In charge of the preparation of annual budgets and long term business plans and ensures all departments and units comply with budgetary provisions
Establish and monitor the implementation of an effective and robust treasury management system that secures company funds whilst maximizing profitability and facilitating effective cash flow management and compliance with the insurance act and investment guidelines.
Manage the company’s cash flows in order to meet all liabilities as they may fall due. This will include effective asset and liability management in order to match the maturity profiles of assets and liabilities. Manage the company’s credit policy and effective follow-up of debts. Ensuring strong financial and capital management practices adopted across the business.
Develop robust investment strategies that will be in line with business plan
Ensure compliance with statutory provisions in respect to financial reporting, taxation, other statutory payments and insurance Act.
Prepare annual report and accounts for the Board and statutory purposes. Further ensuring effectiveness and accuracy of financial reporting as well as clean audit, risk and compliance reports.
Files all necessary returns with the registrar of companies
Advise management and the board on financial matters relating to Properties. Appraise property investments to ensure required rate of return is achieved.
Duties, Roles and Responsibilities
Financial Policies, Guidelines, and Protocols
Lead and coordinate the development and delivery of financial policies, guidelines, and protocols across the business to ensure the company complies with regulations and good financial practice.
Financial Management and Control
Manage a significant portion of the organization’s financial management and/or control processes.
Financial Modeling
Undertake strategic and tactical financial analysis, modeling, and evaluation to support business leaders in their decision-making.
Data Collection and Analysis
Make authoritative recommendations that have a significant impact on the business over the short and long term. Recommendations could be technical or professional in nature.
Organizational Risk Management
Manage a significant portion of the organization’s risk management and/or risk control processes. This includes contributing to the development and implementation of risk management policies and procedures.
Financial Information Systems
Own the development of financial systems for the company or group. Own the governance of finance systems to ensure they adhere to group accounting and statutory rules.
Functional Strategy Formation
Lead the development and implementation of strategy for an important area of responsibility within a function, anticipating complex issues, challenges, and opportunities and ensuring integration with wider functional strategy.
Information and Business Advice
Provide authoritative specialist advice to senior managers at the business unit or regional level to enable the implementation of policy, projects, and change initiatives.
Leadership and Direction
Identify and communicate the actions needed to implement the function’s strategy and business plan within the business area or department; explain the relationship to the broader organization’s mission, vision, and values; motivate people to commit to these tenets and do extraordinary things to achieve local business goals.
Performance Management
Manage and report on performance within the department or area of responsibility; set appropriate performance objectives for direct reports and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of annual business objectives.
Organizational Capability Building
Evaluate the capabilities of staff within the department to identify gaps and prioritize development activities. Implement the organization’s formal development frameworks within the area of responsibility. Coach and mentor others to support the development of the organization’s talent pool.
Budgeting
Manage budget plans for a department. May involve development or delivery or both.
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SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Bachelor or Master’s degree in finance, Accounting, Business Administration, or a related field.
Professional accounting qualifications such as ACA, CA, CPA, or CIMA.
At least 7 years working experience in several accounting areas including financial reporting and management accounting, treasury, tax and audit. And at least 3 years in a senior finance management position.
Knowledge of integrated accounting systems
Understanding of local customs and excise duties, VAT, Withholding and corporate tax laws.
Proven track record of managing large teams and driving process improvements.
Strong analytical, problem-solving, and decision-making skills.
Excellent communication and interpersonal skills.
Competencies.
Aligns Execution – Planning and prioritizing work to meet commitments aligned with organizational goals.
Manages Complexity – Making sense of complex, high volume and sometimes contradictory information to effectively solve problems.
Builds Effective Teams – Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
Ensures Accountability – Holding self and others accountable for meeting commitments.
Business Insight – Applying knowledge of business and the marketplace to advance the organization’s goals.
Strategic Vision – Seeing ahead to future possibilities and translating them into breakthrough strategies.
Drives Results – Consistently achieving results, even under tough circumstances.
Customer Focus – Provides cautious, timely and helpful service to encourage client loyalty.
Engages & Inspires – Creating a climate in which people are motivated to do their best to help the organization achieve its objectives.
Instills Trust – Gaining the confidence and trust of others through honesty, integrity, and authenticity
Cultivates Innovation – Creating new and better ways for the organization to be successful.
Develops Talent – Developing people to meet both their career goals and the organization’s goals.
Manage and coordinate the company’s financial function, including general accounting, cost management, budgeting, and payroll, in accordance with corporate policies and procedures to meet the company’s business requirements. This is the top finance position for a specific location, but it is governed by policies and frameworks established by the larger corporation.
Skills
Accountability, Accountability, Accounting, Accounting System, Accurate Reporting, Advisory Services, Analytical Thinking, Annual Budgets, Asset and Liability Management (ALM), Budgeting, Business, Business Objectives, Business Planning, Business Requirements, Business Risks, Business Strategies, Capital Management, Cash Flow, Cash Flow Management, Communication, Company Policies, Compliance Reporting, Corporate Tax, Decision Making, Driving Profitability {+ 37 more}
Competencies
Balances Stakeholders
Business Insight
Decision Quality
Ensures Accountability
Financial Acumen
Instills Trust
Manages Complexity
Optimizes Work Processes
Education
Masters Degree (M): Finance And Accounting Public (Required)
How to Apply
All candidates should apply online at the APPLY Button below.
Deadline: 9th June 2025
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