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Finance Manager – Reporting and Innovation Support Jobs – PostBank Uganda Limited (PBU) | Apply Now

Are you looking for Bank Jobs in Uganda 2024? If yes, then you might be interested in Finance Manager – Reporting and Innovation Support Jobs – PostBank Uganda Limited (PBU)

Kampala, Uganda

Full-time

Deadline: 

July 16, 2024 at 2:00:00 PM

About the Organisation

PostBank Uganda Limited is one of Uganda's most esteemed financial institutions, known for its dedication to delivering reliable banking services across the nation. Established with a mission to promote financial inclusion and foster economic development, PostBank has grown to become a trusted name in the Ugandan banking sector.

History and Growth
PostBank Uganda Limited has a rich history that dates back to its inception as a savings bank within the Uganda Post Office in the 1920s. Over the decades, it evolved to meet the changing financial needs of the population. In 1998, it was incorporated as a limited liability company, marking a significant milestone in its journey toward modernization and growth.

Today, PostBank operates an extensive network of branches and ATMs across Uganda, ensuring that even the most remote communities have access to essential banking services. The bank continues to expand its footprint and enhance its service offerings to meet the diverse needs of its customers.

Vision and Mission
Vision: To be the leading provider of inclusive financial services in Uganda.

Mission: To provide reliable, affordable, and innovative financial solutions to all Ugandans, particularly those in underserved areas, thereby contributing to their economic well-being and the country's overall development.

Earn $ 2.5

Job Title

Finance Manager – Reporting and Innovation Support Jobs – PostBank Uganda Limited (PBU)

Job Description

The role of a Finance Manager specializing in Reporting and Innovation Support involves overseeing financial reporting processes and providing analytical support to drive innovation within an organization.

Duties and Responsibilities

Financial Reporting:

  • Financial Statements: Prepare and analyze monthly, quarterly, and annual financial statements in accordance with accounting standards (e.g., GAAP, IFRS).

  • Budget Analysis: Monitor and analyze budget variances and provide explanations to senior management.

  • Forecasting: Develop financial forecasts and projections based on historical data, industry trends, and business plans.

  • Financial Performance: Analyze financial performance metrics and key performance indicators (KPIs) to assess the organization's financial health and performance.


Management Reporting:

  • Management Dashboards: Develop and maintain management dashboards and reports to provide real-time insights into financial performance.

  • Ad-hoc Reporting: Prepare ad-hoc financial reports and analyses as requested by senior management or stakeholders.


Innovation Support:

  • Financial Modeling: Create financial models to support strategic initiatives, new projects, and innovation efforts.

  • Cost Analysis: Conduct cost-benefit analysis and feasibility studies for new projects and business ventures.

  • Investment Evaluation: Evaluate investment opportunities and provide financial insights to support decision-making.

  • Process Improvement: Identify opportunities for process improvement and cost optimization within the finance function.


Collaboration and Communication:

  • Cross-functional Collaboration: Collaborate with other departments, such as R&D, marketing, and operations, to support innovation projects and initiatives.

  • Stakeholder Communication: Present financial findings and recommendations to senior management and stakeholders in a clear and concise manner.


Compliance and Risk Management:

  • Regulatory Compliance: Ensure compliance with financial regulations and internal controls related to reporting and financial management.

  • Risk Assessment: Identify financial risks and develop strategies to mitigate them.


Team Leadership and Development:

  • Team Management: Lead and supervise a team of finance professionals responsible for reporting and innovation support.

  • Training and Development: Provide guidance, mentorship, and training to team members to enhance their skills and knowledge.

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Qualifications and Competencies

  • Educational Background: Bachelor’s degree in finance, accounting, economics, or a related field. A master’s degree (e.g., MBA) or professional certification (e.g., CPA, CFA) may be preferred.


Experience:

  • Professional Experience: Several years of experience in financial reporting, analysis, and management, preferably in a corporate or organizational setting.

  • Innovation Support: Experience in supporting innovation projects, financial modeling, and strategic analysis.


Skills and Competencies:

  • Financial Analysis: Strong analytical skills and proficiency in financial analysis techniques.

  • Reporting Skills: Ability to prepare accurate and timely financial reports and presentations.

  • Technical Proficiency: Proficiency in financial software and tools (e.g., ERP systems, Excel, financial modeling software).

  • Communication Skills: Excellent verbal and written communication skills for effectively presenting financial information to stakeholders.

  • Leadership Skills: Ability to lead and motivate a team, foster collaboration, and drive results.


Personal Attributes:

  • Strategic Thinker: Ability to think strategically and provide insights to support business decisions and innovation.

  • Detail-oriented: Strong attention to detail and accuracy in financial reporting and analysis.

  • Problem-solving Skills: Capacity to identify issues, analyze root causes, and propose solutions.

  • Adaptability: Flexibility to adapt to changing business needs and priorities.

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How to Apply

APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Please send your application to hr@postbank.co.ug addressed to the Chief Human Resources Officer and put the job you are applying for as the Subject (Strictly).
Note:
The following documents should accompany the application strictly online:
Detailed CV
Certified copies of academic documents
Applicants address and day time telephone contacts
Postal/email address and daytime telephone contact of three referees of good standing in society one of which should be your current Supervisor.

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