Deadline of this Job:
31 October 2022
Date Posted: Wednesday, October 19, 2022 , Base Salary: Not Disclosed
Roles & responsibilities
• Ensures that financial reports, general ledgers, and documentation complies with International Accounting standards/ International Financial Reporting Standards (IFRS), Tanzania Taxes Acts and Regulations, company’s policies and local GAAP reporting guidelines for efficient and accurate reporting to all stakeholders.
• Monitoring performance of projects in Tanzania -by monitoring CAPEX and Operating expenses budget vs actual implementation.
• Assist the Finance Manager and SICPA Group officials with the forecasting, budgeting, financial reporting and accounting aspects of the company.
Key Job Accountabilities
• Preparation of financial statements in line with standards accounting standards, group policies and tax rules (both statutory and group/management financial statements).
• Preparation, compilation and submission of company budget to management and Group offices for approval.
• Customer service delivery in charge – ensuring timely issuing purchase orders, proforma invoices, invoices, receipts and confirmation of payments with customers.
• Liaise with suppliers ensuring that vendor documentations are accurate, negotiations, timely service delivery and payments reconciliations are done.
• Ensuring accurate posting of all transactions in the accounting systems, for instance SAP
• Ensuring accurate reporting of financial performance in accounting systems including SAP, BPC, BFC, FIM, Cockpit or any other as will be advised or introduced.
• Liaise with internal auditors, external auditors, tax consultants and tax authorities or different audit or engagements with the company.
• Responsible for timely collection of receivables or cash collections from customers
• Assist the finance manager in cashflow monitoring and cash optimization.
• Ensure timely and accurate preparation of daily, weekly, monthly, quarterly and annual financial reporting.
• Ensuring accurate maintenance, recording and reconciliation of fixed assets register as well as safeguarding company assets
• Assist in preparing forecast, financial simulations and specific analyses and reports in consultation with the relevant executive team members.
• Track actual performance of the company against approved budget daily/monthly/quarterly and share reports to finance manager for review and approval.
• Analyzing departmental income statement/performance to management monthly.
• Cost control through enforcement of limits and adherence to approved budget.
• Assist in implementing and maintaining a Score Card outlining the financial performance of the company.
• Timely resolution of all raised audit issues and ensuring non repetition of audit/review issues.
• Ensuring reconciliation and cleanup of all general Ledger accounts on daily basis
• Manage monthly closing process, including reconciliations and analysis of related accounts.
• Manage daily activities for Accounting, Accounts Payables/Receivables, Treasury activities and Cost Accounting.
• Assist in developing and updating a written standard operating policies and procedures over the financial reporting process.
• Maintain and strengthen internal controls over financial reporting and management.
• Ensure 100% compliance laws and regulations issued by regulators Tanzania Revenue Authority, WCF, NSSSF, Loans Board etc.
• Being able to manage duties of the Finance Manager during his/her absence
• Any other duties as will be assigned by the line manager
Experience & Qualifications
• Bachelor’s degree majoring in accounting or its equivalent.
• Certified Public Accountant-CPA (T) or ACCA and must be registered by NBAA.
• 5 years’ experience in Finance Controlling, Management Accounting or Financial Reporting of international service / project-based organization.
• Knowledge of International Financial Reporting Standards (IFRS)
• Knowledge of Tax laws and regulations.
• Knowledge in Computer System and Applications, mainly SAP.
• Managerial experience will be an added advantage.
• MBA will be an added advantage
Skills & Capabilities
• Excellent Analytical Skills
• Good knowledge in office automation tools like excel spreadsheets
• Ability to work under pressure and meet tight deadlines
• Communication skills
• Good interpersonal skills
• Strong risk and financial analysis skills
• Being Creative and Proactive
• Independent and objective decisions maker
• High level of integrity
• Hands on, business awareness and customer oriented
Work Hours: 8
Experience in Months: 60
Level of Education: Professional Certificate
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