Job Title: Chief Financial Officer
Organisation: Newrest Uganda Inflight Services
Duty Station: Entebbe Airport, Uganda
Reports to: General Manager
About US:
Newrest Uganda Inflight Services is an industrial catering company specializing in the aviation sector (restaurants serving the airline and VIP flights and ground with signs Caffé Lindo, E-Café Sky Café), and in the rail, marine, communities (embassies, schools, private companies, hospitals), also associated services including aerial specialist managed services “in flight” (Inflight), the sales on board (Buy-on-board), the Off- taxes (duty free)) and remote support (remote sites).
Key Duties and Responsibilities:
Reporting:
- Submission of Sage Push via Infodaf
- Submission of FDQM upload file and upload Submission of HFM Flows submission
- Finalization of intercompany reconciliations via HFM Extract Infodaf report by cost centre
- Extract weekly Infodaf Debtors and Creditors Ageing
- Update Cost of Sales trend report by Cost Centre Extract and Update YTD Operating Costs report by Cost Centre
- Report Financial results to the board of directors
- Providing and Interpreting Financial Information
Risk Management
- Understand and mitigate key elements of the Company’s risk profile
- Monitor all Open Legal issues involving the company and legal issues affecting the industry Construct and Monitor reliable Control Systems
- Maintain appropriate insurance coverage
- Ensure that the Company complies with all legal and regulatory requirements
- Ensure that record keeping meets the requirements of auditors and government agencies
- Report risk issues to the audit committee of the board of directors
- Maintain Relations with external auditors and investigate their findings and recommendations Ensure that all creditors are in line with the payment term agreements in order to qualify for relevant rebates and discounts
- VAT reconciliation and in-time submission VAT and other tax Audits
- Ensuring debtors, creditors and cashbook ledgers reconcile to the general ledger
- Journal Entries
- Sales Agreement Schedule
- Maintaining Fixed Assets Schedule
Banking:
- Monitoring Bank Balances
- Creating and Maintaining the creditor database with banks
- Capturing of payments
- All business administration, (electronic and manuall oporing, closing and maintaining accounts and signatories
- Review Bank Reconciliations
- Final Bank Release function for Salaries and payments Final review of monthly payroll
Cash Flow:
- Cash Flow forecasting, daily and monthly Calculation of monthly cash requirement Managing payments within cash flow constraints
Taxation:
- Ensure that the company complies with all tax laws. rules, regulations, etc in relation to its business
- Ensure Income Tax Compliance and submission of tax returns
- Ensure VAT Compliance and submission of returns Effective handing of all Tax Administration Queries
Qualifications, Skills and Experience:
- The applicant must hold a degree in Financial Accounting Commerce or related fields
- Professional qualifications: ACCA/CPA
- Five years of experience in a similar role
- At least five years of experience in the Audit department of a reputable organization.
- Familiar with more than three accounting packages
How to Apply:
All suitably qualified and interested candidates should send their applications with updated CVs and copies of the relevant academic papers addressed to:
Human Resource Manager,
Newrest Uganda Inflight Services Ltd,
Plot M12 Sebugwawo Drive, Airside Road,
P.O. Box 728 Entebbe-Uganda
Deadline: 1st August 2023