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Chief Financial Officer (CFO) job at Uganda Railways Corporation (URC) | Apply Now

Are you looking for Chief Financial Officer (CFO) jobs in Uganda 2025 today? then you might be interested in Chief Financial Officer (CFO) job at Uganda Railways Corporation (URC)

Kampala, Uganda

Full Time

Deadline: 

11 Apr 2025

About the Organisation

Uganda Railways Corporation (URC) is a Corporate Organisation reporting to the Ministry Of Works and Transport

Uganda Railways Corporation (URC) is in the midst of a significant transformation, working towards building a modern railway system while rehabilitating its existing infrastructure. With a focus on enhancing financial oversight and ensuring long-term sustainability, URC is recruiting a CFO to lead the finance team and provide strategic financial leadership to support the corporation's transformation and growth.

Job Title

Chief Financial Officer (CFO) job at Uganda Railways Corporation (URC)

Uganda Railways Corporation (URC)

Job Description

The CFO will be responsible for:

  • Planning and Implementing the Financial Strategy: Developing and implementing financial strategies aligned with URC’s transformation goals and strategic objectives, providing financial insights to optimize cost efficiency and revenue generation.

  • Financial Reporting & Compliance: Ensuring accurate and timely financial reporting, strengthening internal controls to mitigate fraud and mismanagement, and ensuring compliance with national and international financial standards.

  • Budgeting & Financial Management: Developing realistic budget plans, monitoring budget performance, and ensuring financial sustainability and efficient use of resources.

  • Risk Management & Internal Controls: Identifying financial and non-financial risks and developing strategies for liquidity and working capital management.

  • Funding & Investment Planning: Leading efforts to secure funding for infrastructure projects and optimizing capital expenditure and debt management.

  • Leadership & Stakeholder Engagement: Advising senior management, leading the finance team, and collaborating with external stakeholders such as auditors, government agencies, and financial institutions.

Duties, Roles and Responsibilities

  • Lead the development and implementation of financial strategies aligned with URC's objectives.

  • Provide financial insights to support business decisions and growth.

  • Ensure the preparation of accurate and timely financial reports.

  • Strengthen internal controls and mitigate fraud.

  • Ensure compliance with financial reporting standards and relevant laws.

  • Develop and manage budgets, monitor performance, and optimize financial resources.

  • Identify and mitigate financial risks, including foreign exchange risks for infrastructure projects.

  • Lead efforts to secure financing for key infrastructure projects.

  • Provide leadership and mentorship to the finance team.

  • Engage with external stakeholders and advise on financial matters.

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Qualifications, Education and Competencies

  • Bachelor’s degree in Finance or Accounting.

  • Master’s degree in Finance, Business Administration (MBA), or a related field.

  • Membership of ICPAU (Institute of Certified Public Accountants of Uganda) is a must.

  • A minimum of 15 years of progressive experience in financial management, with at least 6 years in a senior leadership role such as CFO or Finance Director.

  • Strong knowledge of International Financial Reporting Standards (IFRS), public sector financial regulations, and corporate finance.

  • Proven leadership skills and ability to work with high-level stakeholders.

How to Apply

All suitable, qualified, and interested candidates with the relevant experience should address their applications as detailed below:

  • a) The Managing Director, Uganda Railways Corporation

  • b) Attach the following documents:
    Application letter
    Curriculum Vitae (CV)
    Copies of academic certificates and transcripts
    National Identity Card
    Appointment letters
    One (1) recent passport-sized photograph
    A list of three (3) referees (character and professional experience) with their names, contact numbers, and physical addresses

  • c) Send to email: info@urc.go.ug

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