Re-advertised Senior Risk Management Officer job at Ministry of Finance, Planning & Economic Development

Re-advertised Senior Risk Management Officer job at Ministry of Finance, Planning & Economic Development

JOB DETAILS:
OBJECTIVE
Government requires the services of a Senior Risk Management Officer as part of the dedicated FCU team. The Officer will provide focused capacity, problem solving, forward thought insights and responses to improve the risk management performance.
He/she will report to the Programme Finance Specialist of the RCU and work closely with the Ministry of Health teams.

ROLES AND RESPONSIBILITIES
Risk Monitoring
• Develop and maintain a risk management framework to identify, assess, and mitigate risks effectively.
• Monitor business continuity plans regularly and optimise reporting across the Grants.
• Facilitate the identification and evaluation of risks, working closely with the key stakeholders.
• Monitor risk mitigation plans and emerging risks, consolidate reports on risks and their status.
• Undertake periodic reviews of risk management processes for continuous improvement.
• Advocate for the establishment of a risk management culture within the organization.

Data Analysis, Evaluation, Monitoring, Reporting, and Tool Revision
• Analyse data to provide insights into risk management performance and identify areas for improvement.
• Prepare materials and reports for Management, and the Country Coordinating Mechanism (CCM.
• Support the adaptation and revision of risk management tools to align with postCOVID realities.

Project Management Support
• Monitor performance through program risk management and quality control standards.
• Coordinate risk management activities and develop and implement risk mitigation plans.
• Organise consultations with relevant stakeholders and coaching on effective risk response strategies.

Quality Assurance and Compliance
• Provide assurance on core business processes in risk management and governance.
• Support actions to ensure compliance with grant agreements, country rules, laws, policies, procedures, and regulations.
• Follow up on management letter recommendations and effective grant implementation protocols.

Continuous Improvement and Other Duties
• Focus on strategic organisational risks and provide support in improving risk management processes.
• Perform any other duties as assigned by management from time to time.

KEY DELIVERABLES/OUTPUTS
• Routine risk and responses reports
• Annual risk management plans
• Updated Risk Register

REPORTING OBLIGATIONS
The Senior Risk Management Officer will be required to provide the following reports: i) Quarterly progress reports by the 15th day of the month after the end of the quarter.
• ii) Annual performance reports by the 15th day of the month after the end of the financial year.
• iii) An end of assignment report within two weeks after completion of the activities in the work-plan, or completion of the contract, whichever comes first.

JOB REQUIREMENTS
Education
• Advanced university degree in either of the following disciplines: business administration, public administration, policy and planning, management, risk management, financial management, finance, economics or a related discipline.
• Professional training and certification in risk management, project management, accounting, finance, or audit.
• Training in business process improvement or organisational change is an added advantage.

Experience
• At least 10 years work experience, of which at least five (5) years should be strategic leadership in transformation, organizational effectiveness, strategy, reforms, and/or performance improvement.
• Relevant work experience in performance measurement and management, risk management, finance, audit, or project management.
• Experience in developing operational risk management tools and frameworks and integrating these in business processes and policies.
• Experience in project management and demonstrable expertise in change management, with the ability to deliver impactful changes with minimal disruption.
• Strong business focus and results orientation, with an excellent understanding of project dynamics for effective and impactful use of resources.
• Demonstrated experience managing and delivering on time with tight deadlines and across disciplines.
• Demonstrated ability for successful stakeholder management at operational and management levels within an organization.
• Demonstrated ability to structure, plan and monitor, and adjust when necessary to accomplish objectives.
• Working knowledge and understanding of project management principles and application in multi-cultural settings including International Public or Private Organizations.
• History of holding positions with incremental responsibility over time.
• Experience in risk-based auditing or risk/control activities.

Competences
• Good track-record in strategic thinking and creative problem-solving.
• Proficiency in computerised accounting systems.
• Proven analytical skills turning data into meaningful business insights and actionable information.
• High degree of personal initiative and the ability to influence others.
• Demonstrated interpersonal and leadership skills, tact and diplomacy.
• Strong critical thinking, analytical and communication skills.

CONTRACT ARRANGEMENTS
The assignment is for a period of one (01) year and may be renewed based on need and satisfactory performance.

Job application procedure

Details of the scope of services, deliverables, qualifications, terms of contract and reporting arrangements are available on the website: www.finance.go.ug. Applications must include a cover letter, curriculum vitae, copy of certificates and testimonials, and be addressed as below and submitted online to reap@finance.go.ug by 1700hrs on Monday 19th February 2024.
Under Secretary/Accounting Officer
Ministry of Finance, Planning & Economic Development
Plot 2-8 Apollo Kaggwa Road
P O Box 8147
KAMPALA
Tel: 256-41-4707900

Attention: The Coordinator/RCU

Please Note:
• The Ministry of Finance, Planning and Economic Development is an equal opportunity employer. Any form of lobbying shall lead to disqualification.
• Applicants who have already responded to the first advert are not required to reapply
• Only shortlisted candidates will be contacted.

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