Vacancy title:
Finance Officer (Reconciliation Officer)

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

Jobs at:
VisionFund Tanzania Microfinance Bank

Deadline of this Job:
Sunday, August 31 2025

Duty Station:
Arusha | Arusha | Tanzania

Summary
Date Posted: Monday, August 18 2025, Base Salary: Not Disclosed

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JOB DETAILS:

Job Purpose:
The Finance Officer (Reconciliation Officer) focuses 60% on reconciliation tasks and 40% on follow-up of outstanding items, budgetary control, and treasury activities.

Main Responsibilities:

• Perform monthly bank reconciliations and submit them to the Finance Manager by the 5th of the following month.
• Perform daily MNO (Mpesa, Tigo, and Airtel) reconciliations and share them with the Finance Manager.
• Follow up on reconciliation items, provide status updates, aging, and action plans for outstanding items.
• Monitor items in suspense accounts and ensure they are cleared within set timelines.
• Prepare and recommend items to be written off or recognized as income on a quarterly basis.
• Ensure sufficient funding of VFT Wallets with MNOs.
• Engage banks and MNOs to obtain confirmation of signatories on a semiannual basis or as needed.
• Prepare proposals and track short-term investments to ensure timely follow-up as they mature.
• Act as custodian of FDR receipts.
• Collaborate with the Risk Officer to conduct quarterly liquidity stress testing.
• Perform due diligence for VFT conduit banks and MNOs.
• Perform any other duties assigned by the supervisor.

Required Skills, Knowledge, and Competencies:

• Bachelor’s Degree in Banking and Finance or Accounting.
• Very good knowledge of oral and written English.
• Very good analytical and reporting skills.
• 3 years’ experience in VFT MFB or in the accounting field.
• CPA holder is an added advantage.
• Proficient in Microsoft Office applications.

Attributes Desired for All Positions

• Honest, hardworking, friendly, and focused.
• Local language skills.
• High standards in regard to quality of work.
• Able to work independently and as a team member.
• Attention to detail.
• Experience in banking or microfinance.
• Commitment to the social mission of microfinance.

Attributes Desired for All Positions

• Honest, hardworking, friendly, and focused.
• Local language skills.
• High standards in regard to quality of work.
• Able to work independently and as a team member.
• Attention to detail.
• Experience in banking or microfinance.
• Commitment to the social mission of microfinance.

Work Hours: 8

Experience in Months: 36

Level of Education: bachelor degree

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