General Manager, Fund Management and Finance at Unclaimed Financial Assets Authority (UFAA)

Job Ref: UFAA/GMFM&F/2/06/2026 - (1 Post)
Job Purpose

• The General Manager, Fund Management and Finance is responsible for the provision of strategic leadership and policy direction for the overall management of the Unclaimed Financial Assets Trust Fund.

Functions

• Establish financial policies, systems and procedures in line with statutory regulations.
• Advise the Authority on Financial Management for the Trust Fund and Authority financial resources.
• Develop and implement eective financial control systems, policies and strategies.
• Design and implement Accounting and Financial management system.
• Receive payments made to the Fund in line with the provisions of UFA Act;
• Make payments out of the Fund to the rightful owners in accordance with the provisions of UFA Act;
• Manage the investment function for both the Trust Fund and the Authority;
• Develop and coordinate partnerships with financial institutions, custodial agents and other service providers ;
• Coordinate Budget planning, implementation, monitoring, control and review;
• Coordinate resource mobilization programs for the Authority;
• Manage funds of the Authority and Trust Fund in line with applicable Government financial laws and regulations;
• Develop and implement Trust Fund and Authority’s financial strategies;
• Process financial transactions including commitment of funds, expenditure and revenue management;
• Prepare financial reports, financial statements and submit to relevant institutions in line with the
• provisions of PFM Act and UFA Act; and
• Coordinate external audit of financial reports and statements for the Trust Fund and the Authority.

Job Description

Duties and responsibilities at this level will entail: -

• Establishing financial policies, systems and procedures in line with statutory regulations.
• Advising the Authority on Financial Management for the Trust Fund and Authority financial resources.
• Developing and implement eective financial control systems, policies and strategies.
• Overseeing the design and implementation of Accounting and Financial management system.
• Receiving payments made to the Fund in line with the provisions of UFA Act;
• Coordinating payments out of the Fund to the rightful owners in accordance with the provisions of UFA Act;
• Managing the investment function for both the Trust Fund and the Authority;
• Developing and coordinate partnerships with financial institutions, custodial agents and other service providers ;
• Coordinating Budget planning, implementation, monitoring, control and review;
• Coordinating resource mobilization programs for the Authority;
• Managing funds of the Authority and Trust Fund in line with applicable Government financial laws and regulations;
• Developing and implementing Trust Fund and Authority’s financial strategies;
• Spearheading the processing of financial transactions including commitment of funds, expenditure and revenue management;
• Overseeing the preparation of financial reports, financial statements and submit to relevant institutions in line with the provisions of PFM Act and UFA Act; and
• Coordinating external audit of financial reports and statements for the Trust Fund and the Authority.

Person Specification

For appointment to this position, an officer must have: -

• Served for a cumulative period of fifteen (15) years relevant work experience five (5) of which must have been in senior management level or in a comparable position;
• A Bachelor’s degree in any of the following fields: Business Management, Business Administration, Accounting, Finance, Commerce or equivalent from a recognized university;
• A Master’s degree in any of the following fields: Business Management, Business Administration,
• Accounting, Finance, Commerce or equivalent from a recognized university;
• CPA (K), CFA, FA, ACCA
• Membership to a relevant professional body where applicable;
• Leadership Course lasting not less than 6 weeks from a recognized institution;
• Proficiency in Computer applications; and
• Demonstrated managerial, administrative and professional competence in work performance and results.