Background

Tanganyika Instant Coffee Co. Ltd (TANICA), based in Bukoba Municipality, Kagera Region, has been an experienced producer of Instant Coffee in Tanzania since 1963. TANICA invites Tanzanian applicants with suitable qualifications and experience to fill the following available vacancy.

Key responsibilities:

• Record all financial transactions (sales, purchases, expenses, receipts)
• Maintain accurate and up-to-date books of accounts (general ledger)
• Ensure proper documentation and filing of financial records
• Prepare monthly, quarterly, and annual financial reports
• Ensure reports comply with accounting standards and company policies
• Assist in preparing annual budgets
• Monitor actual performance against budgets
• Conduct variance analysis and advise management on cost control
• Perform bank reconciliations regularly
• Monitor cash flow and liquidity position
• Ensure proper handling of cash receipts and payments
• Manage payments to suppliers (creditors)
• Follow up on customer payments (debtors)
• Ensure timely invoicing and collections
• Prepare and file tax returns (VAT, PAYE, Corporate Tax, etc.)
• Ensure compliance with tax laws and regulations
• Liaise with tax authorities when required
• Undertake any other duties appropriate to the post as may be assigned from time to time by the immediate supervisor

Qualifications and experience:

• Must have a bachelor degree in accounts or related field
• CPA, ACCA, ACA or equivalent is an added advantage
• Minimum of 3 years of relevant working experience in Finance and Accounting in a reputable organization

• Record all financial transactions (sales, purchases, expenses, receipts)
• Maintain accurate and up-to-date books of accounts (general ledger)
• Ensure proper documentation and filing of financial records
• Prepare monthly, quarterly, and annual financial reports
• Ensure reports comply with accounting standards and company policies
• Assist in preparing annual budgets
• Monitor actual performance against budgets
• Conduct variance analysis and advise management on cost control
• Perform bank reconciliations regularly
• Monitor cash flow and liquidity position
• Ensure proper handling of cash receipts and payments
• Manage payments to suppliers (creditors)
• Follow up on customer payments (debtors)
• Ensure timely invoicing and collections
• Prepare and file tax returns (VAT, PAYE, Corporate Tax, etc.)
• Ensure compliance with tax laws and regulations
• Liaise with tax authorities when required
• Undertake any other duties appropriate to the post as may be assigned from time to time by the immediate supervisor

• Must have a bachelor degree in accounts or related field
• CPA, ACCA, ACA or equivalent is an added advantage