Vacancy title:
Finance Officer – Management Accountant

[Type: FULL_TIME, Industry: Finance, Category: Accounting & Finance]

Jobs at:
Vision Fund Tanzania Microfinance Bank Ltd

Deadline of this Job:
Sunday, July 13 2025

Duty Station:
Arusha | Arusha | Tanzania

Summary
Date Posted: Monday, June 30 2025, Base Salary: Not Disclosed

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JOB DETAILS:

Job Purpose

• Preparation of Financial & Reconciliations and other reports for Internal and External Stakeholders including Management, Regulators and the Group
• Analyses and Interprets financial information that helps to make business decisions to improves efficiencies

Main tasks

• Report preparations and Interpretation
  • Ensure compliance with the reporting requirements as per VFT MFB Policy and relevant regulations particularly the Central Bank reports
  • Prepares various reports for Management, VFI, Regulators and other stakeholders in accordance with the requirements and specified frequencies.
  • Analyses and Interprets reports to provide insights and recommendations regarding financial performance and compliance to various set limits
  • Monitor Covenants and Prepare Grant and similar reports for Donors and Lenders.
• Budget Preparations and Monitor Cost Against Budget
  • Provide input in the preparation of budget
  • Advise Finance Officers(payment) on budgetary control
  • Monitoring all costs to ensure that they are rational and advise payment officer on the relevant checks
  • Provides insight on various costs patterns and recommend ways to make savings (e.g. considerations on switching service providers and suppliers e.t.c)
• Month End Process
  • Conducts various reconciliations of all key components of the Financial Reports (Internal Accounts) to ensure accuracy on month and year end/ closure process
  • Monitoring Suspense accounts to ensure all movements are correct and justifiable and also items are cleared in good time
  • Review and capturing of presented Loan write offs
  • Maintaining Head Office Accounts and Subsidiary ledgers for all assets and liabilities
• Support in Audit/Examination exercises
  • Actively involved in supporting audit exercises
  • Actively involved in supporting audit exercises
  • Produce various reports in the format and manner required by auditors/examiners
  • Assist Finance Manager to attend to inquiries both on-site and off-site
  • Any other duties as assigned by CFO from time to time
  • Monitoring closure of audit issues

Qualifications/ Experience:

• Certified Public Accountant (CPA-T) or Similar qualifications
• BA. in Accounting or similar qualification.
• Must have a clear understanding of micro finance industry or banking and technology
• Very good knowledge and comfort dealing with financial information
• Very good analytical & reporting skills
• Meet local regulatory requirements
• Good knowledge of WV Grant accounting requirement
• Proficient in Microsoft office application
• Be a good leader
• Very good communication and marketing skills (both written and verbal)

Other attributes

• Good communication and writing skills.
• High level of integrity and honest
• Should have ability to interact with External stakeholder and Regulatory Authorities
• Excellent analytical skills particular system analysis
• Determines personality with initiative, perseverance and ability to motivate and manage a team

Work Hours: 8

Experience in Months: 36

Level of Education: bachelor degree

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