Finance Manager job at Spark MicroGrants | Apply Now

1. Financial Planning and Analysis:

• Develop and manage financial plans, budgets, and forecasts.

• Analyze financial data and trends to provide insights for decision-making.

• Ensure financial OKRs and targets are met.

• Lead the development and implementation of systems, policies and procedures to ensure all financial transactions are monitored for conformity with internal controls and in line with the approved governance and financial risk management guidelines

2. Financial Reporting:

• Organize and submit monthly finance reports

• Prepare quarterly presentations on progress against financial goals, and donor reporting for a range of different stakeholders

• Prepare and present accurate and monthly financial reports to management.

• Ensure compliance with local financial reporting standards and regulations.

• Prepare donor reports and ensure compliance with terms and conditions of donor agreements and MOU’s

• Ensure the development of sufficient partner tools and systems, auditing the same to ensure completeness and compliance with Spark policies and procedures

3. Financial Operations:

• Review and approve expense reports per guidelines of the Organization

• Conduct finance training sessions at team meetings

• Manage country spending and updates on progress against budget goals, and communicate new policies and procedures to the Team

• Implement and maintain effective financial controls and processes.

• Ensure compliance with all relevant statutory and legal requirements

  
  

4. Bookkeeping and Accounting

• Ensure quality of bookkeeping done by the field team and conduct internal audits and spot checks

• Manage financial reporting in line with IFRS and ensure accuracy and completeness of financial data

5. Cash Management:

• Manage cash flow to meet the organization's operational needs.

• Ensure cost efficiency and value for money through appropriate vendor selection procedures

  
  

6. Risk Management:

• Identify financial risks and develop strategies to mitigate them.

• Train staff and implementing partners on financial processes and procedures and conduct regular audit reports on this

• Manage company assets efficiently and effectively.

• Ensure compliance with Uganda tax laws and regulatory requirements.

7. Team Management:

• Supervise and lead a team of finance professionals, providing guidance and support. - Ensure the finance department's performance and productivity.

8. Partner Management & Microgrants support:

• Regularly review partner finance performance and reports for accuracy and adherence to Spark policies and procedures

• Review Partner file audits and follow up with implementation of agreed action plans

• Review MicroGrant proposals, both implementation and operating budgets, for consistency, accuracy, and alignment to the Organization’s policy and guidelines.

• Create and execute financial management skills training to internal teams and partner communities as per needed.

• Verify MicroGrant disbursement request and disburse funds to Community Bank, Accounts/SACCO accounts.

• Ensure all community files are compliant, including required documentation and work with facilitators/trainers to document any variance explanations.

• Manage community audits by the field team and conduct file audits per internal policy.