Title: Finance Manager job at Agency For Accelerated Regional Development (AFARD)
Finance Manager
2025-05-08T06:03:41+00:00
Agency For Accelerated Regional Development (AFARD)
https://cdn.greatugandajobs.com/jsjobsdata/data/employer/comp_1957/logo/Agency%20for%20Accelerated%20Regional%20Development%20(%20AFARD%20).png
https://afard.net/
FULL_TIME
Kampala
Kampala
00256
Uganda
Nonprofit, and NGO
Accounting & Finance
2025-05-23T17:00:00+00:00
Uganda
8
Job Summary
Working closely with the Fund Manager, s/he is overall responsible for effective financial management and reporting by providing consortium partners with oversight of program finance through financial planning, budget monitoring, and adherence to compliance requirements. S/he also serves as the link person between the consortium and the Mastercard Foundation.
Roles & Responsibilities
Financial management
- Work closely with the Fund Manager to develop and use the program financial and administration guidelines.
Budgeting and Planning
- Consolidate and review detailed annual and quarterly budgets aligned with the program outputs.
- Monitor budget utilization, track expenditures against approved budgets, and provide regular updates.
- Coordinate timely partners accountability to ensure funds are used for the approved program activities.
Procurement Management
- Support partners’ procurement processes to ensure transparency and compliance with policies and regulations.
- Conducts post procurement audits.
Expenditure management
- Apply pre-audit checks on all partners’ Internal Control Systems (ICS) to ensure compliance with applicable financial rules, principles, and regulations and that partners only incur eligible payments.
Accounting and Record Management
- Ensure the recording of all transactions are timely and accurate in the books of accounts.
- Carry out the monthly reconciliation of expenditure.
- Check that proper payroll controls are applied.
- Supervise the project’s fixed assets management and maintenance.
- Ensure the safe custody of all financial records for review by external or internal auditors.
Financial Reporting
- Prepare routine budget variance analysis reports for decision making.
- Prepare the annual financial report in accordance with the Foundation’s financial regulations.
- Maintain a detailed Assets Register for and safeguard all the program assets.
- Ensure that all financial reporting requirements are complied with.
Audit
- Coordinate annual external audit.
- Prepare and follow up audit response plan with each partner to address issues raised by external auditors.
Financial Capacity building
- Conducts financial management risk assessment, develop customized capacity building plan and provide routine mentorship, coaching and training to each consortium partner based on their needs.
Person specifications:
- A bachelor’s degree in Finance, Accounting or Business Administration (Accounting or Finance specialization).
- CPA or ACCA or CIMA professional certification is mandatory. Master’s degree is an added advantage.
- Minimum of 5 years of knowledge and experience in financial management, budgeting, and reporting involving consortium donor funding.
- Knowledge and use of a computerized financial management systems (accounting software and Advanced Excel) is mandatory.
- A strong leadership, interpersonal and communication (written and spoken English) skill with a track record of managing large budgets.
- Strong financial analytical skills and attention to detail.
- Demonstrated ability to work with diverse teams and stakeholders.
- Knowledge of financial regulations, compliance, and audit processes.
- Familiarity with Ugandan financial and tax regulations.
- Ability to work effectively in a fast-paced and dynamic environment.
Roles & Responsibilities Financial management Work closely with the Fund Manager to develop and use the program financial and administration guidelines. Budgeting and Planning Consolidate and review detailed annual and quarterly budgets aligned with the program outputs. Monitor budget utilization, track expenditures against approved budgets, and provide regular updates. Coordinate timely partners accountability to ensure funds are used for the approved program activities. Procurement Management Support partners’ procurement processes to ensure transparency and compliance with policies and regulations. Conducts post procurement audits. Expenditure management Apply pre-audit checks on all partners’ Internal Control Systems (ICS) to ensure compliance with applicable financial rules, principles, and regulations and that partners only incur eligible payments. Accounting and Record Management Ensure the recording of all transactions are timely and accurate in the books of accounts. Carry out the monthly reconciliation of expenditure. Check that proper payroll controls are applied. Supervise the project’s fixed assets management and maintenance. Ensure the safe custody of all financial records for review by external or internal auditors. Financial Reporting Prepare routine budget variance analysis reports for decision making. Prepare the annual financial report in accordance with the Foundation’s financial regulations. Maintain a detailed Assets Register for and safeguard all the program assets. Ensure that all financial reporting requirements are complied with. Audit Coordinate annual external audit. Prepare and follow up audit response plan with each partner to address issues raised by external auditors. Financial Capacity building Conducts financial management risk assessment, develop customized capacity building plan and provide routine mentorship, coaching and training to each consortium partner based on their needs.
Person specifications: A bachelor’s degree in Finance, Accounting or Business Administration (Accounting or Finance specialization). CPA or ACCA or CIMA professional certification is mandatory. Master’s degree is an added advantage. Minimum of 5 years of knowledge and experience in financial management, budgeting, and reporting involving consortium donor funding. Knowledge and use of a computerized financial management systems (accounting software and Advanced Excel) is mandatory. A strong leadership, interpersonal and communication (written and spoken English) skill with a track record of managing large budgets. Strong financial analytical skills and attention to detail. Demonstrated ability to work with diverse teams and stakeholders. Knowledge of financial regulations, compliance, and audit processes. Familiarity with Ugandan financial and tax regulations. Ability to work effectively in a fast-paced and dynamic environment.
JOB-681c493d8fe9f
Vacancy title:
Finance Manager
[Type: FULL_TIME, Industry: Nonprofit, and NGO, Category: Accounting & Finance]
Jobs at:
Agency For Accelerated Regional Development (AFARD)
Deadline of this Job:
Friday, May 23 2025
Duty Station:
Kampala | Kampala | Uganda
Summary
Date Posted: Thursday, May 8 2025, Base Salary: Not Disclosed
JOB DETAILS:
Job Summary
Working closely with the Fund Manager, s/he is overall responsible for effective financial management and reporting by providing consortium partners with oversight of program finance through financial planning, budget monitoring, and adherence to compliance requirements. S/he also serves as the link person between the consortium and the Mastercard Foundation.
Roles & Responsibilities
Financial management
- Work closely with the Fund Manager to develop and use the program financial and administration guidelines.
Budgeting and Planning
- Consolidate and review detailed annual and quarterly budgets aligned with the program outputs.
- Monitor budget utilization, track expenditures against approved budgets, and provide regular updates.
- Coordinate timely partners accountability to ensure funds are used for the approved program activities.
Procurement Management
- Support partners’ procurement processes to ensure transparency and compliance with policies and regulations.
- Conducts post procurement audits.
Expenditure management
- Apply pre-audit checks on all partners’ Internal Control Systems (ICS) to ensure compliance with applicable financial rules, principles, and regulations and that partners only incur eligible payments.
Accounting and Record Management
- Ensure the recording of all transactions are timely and accurate in the books of accounts.
- Carry out the monthly reconciliation of expenditure.
- Check that proper payroll controls are applied.
- Supervise the project’s fixed assets management and maintenance.
- Ensure the safe custody of all financial records for review by external or internal auditors.
Financial Reporting
- Prepare routine budget variance analysis reports for decision making.
- Prepare the annual financial report in accordance with the Foundation’s financial regulations.
- Maintain a detailed Assets Register for and safeguard all the program assets.
- Ensure that all financial reporting requirements are complied with.
Audit
- Coordinate annual external audit.
- Prepare and follow up audit response plan with each partner to address issues raised by external auditors.
Financial Capacity building
- Conducts financial management risk assessment, develop customized capacity building plan and provide routine mentorship, coaching and training to each consortium partner based on their needs.
Person specifications:
- A bachelor’s degree in Finance, Accounting or Business Administration (Accounting or Finance specialization).
- CPA or ACCA or CIMA professional certification is mandatory. Master’s degree is an added advantage.
- Minimum of 5 years of knowledge and experience in financial management, budgeting, and reporting involving consortium donor funding.
- Knowledge and use of a computerized financial management systems (accounting software and Advanced Excel) is mandatory.
- A strong leadership, interpersonal and communication (written and spoken English) skill with a track record of managing large budgets.
- Strong financial analytical skills and attention to detail.
- Demonstrated ability to work with diverse teams and stakeholders.
- Knowledge of financial regulations, compliance, and audit processes.
- Familiarity with Ugandan financial and tax regulations.
- Ability to work effectively in a fast-paced and dynamic environment.
Work Hours: 8
Experience in Months: 60
Level of Education: bachelor degree
Job application procedure:
Interested in applying for this job? Click here to submit your application now.