Company Overview

We are a fast-growing aquaculture company based in Ukerewe specializing in fish farming, processing, and distribution. Our operations include cage farming, feed management, harvesting, processing, cold storage, and sales to regional markets. We are seeking a highly competent and business-oriented Accountant to strengthen our financial management and support strategic growth.

Position Summary

The Senior Accountant will oversee financial operations, cost control, and reporting functions of the aquaculture business. The ideal candidate must combine strong accounting skills with practical business acumen, particularly in production costing, inventory management, and cash flow planning.

Key Responsibilities

1. Financial Management & Reporting

• Prepare monthly, quarterly, and annual financial statements.
• Manage general ledger, reconciliations, and journal entries.
• Ensure compliance with Tanzanian tax laws (TRA, VAT, PAYE, Withholding Tax).
• Coordinate external audits and statutory reporting.

2. Cost Accounting (Critical Role in Aquaculture)

• Track and analyze:
  • Feed costs
  • Fingerlings costs
  • Mortality rates
  • Harvest yields
  • Processing and cold storage costs
• Calculate cost per kg of fish produced.
• Develop production cost models and margin analysis.
• Monitor cage-by-cage performance profitability.

3. Inventory & Asset Control

• Oversee inventory management:
  • Fish stock (live and harvested)
  • Feed
  • Packaging materials
• Implement stock control systems and reduce shrinkage.
• Manage fixed asset register (boats, cages, generators, cold rooms).

4. Budgeting & Business Planning

• Prepare annual budgets and rolling forecasts.
• Monitor budget vs actual performance.
• Support management in pricing decisions and expansion planning.
• Conduct break-even and investment analysis.

5. Cash Flow & Treasury Management

• Manage cash flow projections.
• Monitor receivables and payables.
• Ensure adequate working capital for operations.

6. ERP & Systems

• Maintain accounting system (e.g., ERPNext, SAP, QuickBooks).
• Improve internal controls and reporting systems.
• Automate financial and production reporting where possible.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, or related field.
• CPA (T) / ACCA – Added advantage.
• Minimum 3 years’ experience in accounting (experience in manufacturing, agribusiness, or aquaculture preferred).
• Strong knowledge of cost accounting.
• Experience working with ERP systems.
• Excellent Excel and financial modeling skills.
• Understanding of inventory-heavy operations.

Required Competencies

• Strong business acumen and commercial thinking.
• Ability to interpret production data into financial insights.
• Analytical and detail-oriented.
• High integrity and accountability.
• Ability to work in semi-remote environments (Ukerewe).
• Leadership capability to supervise junior finance staff.

Key Performance Indicators (KPIs)

• Accurate monthly financial reporting (within deadline).
• Reduction in production cost variance.
• Improved gross margin per kg of fish.
• Controlled inventory losses.
• Clean audit reports.
• Improved cash flow cycle.

What We Offer

• Competitive salary (based on experience).
• Accommodation support – Ukerewe
• Opportunity to grow with a high-potential aquaculture enterprise.
• Performance-based incentives.

• Prepare monthly, quarterly, and annual financial statements.
• Manage general ledger, reconciliations, and journal entries.
• Ensure compliance with Tanzanian tax laws (TRA, VAT, PAYE, Withholding Tax).
• Coordinate external audits and statutory reporting.
• Track and analyze: Feed costs, Fingerlings costs, Mortality rates, Harvest yields, Processing and cold storage costs.
• Calculate cost per kg of fish produced.
• Develop production cost models and margin analysis.
• Monitor cage-by-cage performance profitability.
• Oversee inventory management: Fish stock (live and harvested), Feed, Packaging materials.
• Implement stock control systems and reduce shrinkage.
• Manage fixed asset register (boats, cages, generators, cold rooms).
• Prepare annual budgets and rolling forecasts.
• Monitor budget vs actual performance.
• Support management in pricing decisions and expansion planning.
• Conduct break-even and investment analysis.
• Manage cash flow projections.
• Monitor receivables and payables.
• Ensure adequate working capital for operations.
• Maintain accounting system (e.g., ERPNext, SAP, QuickBooks).
• Improve internal controls and reporting systems.
• Automate financial and production reporting where possible.

• Strong accounting skills
• Practical business acumen
• Production costing
• Inventory management
• Cash flow planning
• Strong knowledge of cost accounting
• Experience working with ERP systems
• Excellent Excel and financial modeling skills
• Understanding of inventory-heavy operations
• Strong business acumen and commercial thinking
• Ability to interpret production data into financial insights
• Analytical and detail-oriented
• High integrity and accountability
• Ability to work in semi-remote environments
• Leadership capability to supervise junior finance staff

• Bachelor’s Degree in Accounting, Finance, or related field.
• CPA (T) / ACCA – Added advantage.
• Minimum 3 years’ experience in accounting (experience in manufacturing, agribusiness, or aquaculture preferred).