Background

Human Capital Business Solutions (HCBS) Ltd is a human capital and business advisory firm specialising in people and organisation advisory, talent acquisition and development, risk and compliance advisory and business process outsourcing with our Head Office in Uganda and a country office in Tanzania. On behalf of our client in the manufacturing sector, we are seeking a suitably qualified and experienced Manager – Management Accounting.

Position Purpose

To lead the Management Accounting function by providing timely and insightful financial analysis, business performance reporting, budgeting, forecasting, costing, and decision-support information to management. The role drives financial performance, profitability improvement, cost optimization, and robust management reporting across the company.

Key Responsibilities

• Management Reporting: Prepare monthly management accounts and performance reports. Analyse variances against budget, forecast, prior year, and operational targets. Develop dashboards and KPIs for senior management. Present financial and operational performance insights to the CFO and Executive Team.
• Budgeting & Forecasting: Coordinate annual budgeting and strategic planning processes. Prepare rolling forecasts and monitor performance against approved plans. Challenge assumptions and ensure financial realism within budgets. Support departmental heads in preparing and managing their budgets.
• Business Performance Analysis: Conduct profitability analysis by product, customer, channel, and business segment. Evaluate margins and identify opportunities for improvement. Support management decision-making through financial modelling and scenario analysis. Provide recommendations to improve business performance.
• Costing & Manufacturing Finance: Oversee product costing methodologies and cost allocations. Review material, labour, conversion, and overhead costs. Analyse manufacturing efficiencies, wastages, and yield losses. Work closely with Production, Supply Chain and Operations teams to improve cost performance.
• Strategic Projects & Capital Investments: Provide financial evaluation for capital expenditure projects. Support business case preparation for strategic initiatives. Participate in feasibility studies, investment appraisals, and post-investment reviews. Provide finance support for major projects including the MCL Project.
• SAP & Financial Systems: Drive effective utilization of SAP Management Accounting modules. Strengthen reporting automation and digitalization initiatives. Ensure integrity of management accounting data and reporting structures. Support continuous improvement of finance processes and controls.
• Internal Controls & Governance: Ensure compliance with Group policies and financial controls. Support internal and external audits. Strengthen controls around costing, budgeting, and financial reporting. Ensure accuracy, completeness, and timeliness of management information.
• Business Partnering: Partner with Sales, Operations, Procurement, Supply Chain, and Technical teams. Provide financial support for commercial and operational decisions. Facilitate a performance-focused culture across the organisation. Translate financial data into actionable business insights.

Qualifications & Experience

• Bachelor’s Degree in Finance, Accounting, Commerce, Economics, or related field.
• Professional qualification (CPA, ACCA, CIMA or equivalent).
• Minimum 15 years’ finance experience, with at least 5 years in a management accounting role within manufacturing.
• Strong understanding of costing, budgeting, forecasting, and financial analysis.
• Experience with ERP systems, preferably SAP.
• Experience in manufacturing or industrial environments is essential.

Competencies

• Strong analytical and financial modelling skills.
• Advanced Excel and ERP reporting capabilities.
• Commercial acumen and business partnering ability.
• Leadership and people management skills.
• Excellent presentation and communication skills.
• Attention to detail and high level of integrity.
• Strategic thinking and problem-solving capability.

Ideal Candidate Profile

The successful candidate should be a commercially minded finance professional with strong manufacturing finance experience, capable of partnering with business leaders, driving performance insights, improving profitability, and supporting strategic growth initiatives within Uganda and the Group.

Interview Areas to Assess

• Manufacturing costing and variance analysis.
• Budgeting and forecasting experience.
• SAP/ERP expertise.
• Business partnering capability.
• Financial modelling and investment appraisal.
• Leadership and stakeholder management.
• Experience in KPI reporting and management dashboards.
• Practical examples of cost savings or profitability improvements delivered.

Note

Only shortlisted applicants will be contacted. Female Candidates are encouraged to apply.

• Prepare monthly management accounts and performance reports.
• Analyse variances against budget, forecast, prior year, and operational targets.
• Develop dashboards and KPIs for senior management.
• Present financial and operational performance insights to the CFO and Executive Team.
• Coordinate annual budgeting and strategic planning processes.
• Prepare rolling forecasts and monitor performance against approved plans.
• Challenge assumptions and ensure financial realism within budgets.
• Support departmental heads in preparing and managing their budgets.
• Conduct profitability analysis by product, customer, channel, and business segment.
• Evaluate margins and identify opportunities for improvement.
• Support management decision-making through financial modelling and scenario analysis.
• Provide recommendations to improve business performance.
• Oversee product costing methodologies and cost allocations.
• Review material, labour, conversion, and overhead costs.
• Analyse manufacturing efficiencies, wastages, and yield losses.
• Work closely with Production, Supply Chain and Operations teams to improve cost performance.
• Provide financial evaluation for capital expenditure projects.
• Support business case preparation for strategic initiatives.
• Participate in feasibility studies, investment appraisals, and post-investment reviews.
• Provide finance support for major projects including the MCL Project.
• Drive effective utilization of SAP Management Accounting modules.
• Strengthen reporting automation and digitalization initiatives.
• Ensure integrity of management accounting data and reporting structures.
• Support continuous improvement of finance processes and controls.
• Ensure compliance with Group policies and financial controls.
• Support internal and external audits.
• Strengthen controls around costing, budgeting, and financial reporting.
• Ensure accuracy, completeness, and timeliness of management information.
• Partner with Sales, Operations, Procurement, Supply Chain, and Technical teams.
• Provide financial support for commercial and operational decisions.
• Facilitate a performance-focused culture across the organisation.
• Translate financial data into actionable business insights.

• Strong analytical and financial modelling skills
• Advanced Excel and ERP reporting capabilities
• Commercial acumen and business partnering ability
• Leadership and people management skills
• Excellent presentation and communication skills
• Attention to detail and high level of integrity
• Strategic thinking and problem-solving capability
• Strong understanding of costing, budgeting, forecasting, and financial analysis
• Experience with ERP systems, preferably SAP
• Experience in manufacturing or industrial environments

• Bachelor’s Degree in Finance, Accounting, Commerce, Economics, or related field.
• Professional qualification (CPA, ACCA, CIMA or equivalent).
• Minimum 15 years’ finance experience, with at least 5 years in a management accounting role within manufacturing.