Background

Join Our Winning Team

Build the future of window and doors architecture with LUMAC WINDOWS. We offer an inclusive, fast-growing, and highly professional work environment.

Role Context

The Accountant is responsible for the accuracy, integrity, and timeliness of Lumac Tanzania Enterprises Limited's financial records. This role manages the day-to-day accounting function: recording transactions, reconciling accounts, processing payments, managing payroll inputs, supporting statutory compliance, and producing the financial reports that guide management decisions. The Accountant operates with precision and discipline, understanding that every figure in the company's books carries real consequences for the business, its employees, its shareholders and its regulatory standing.

Responsibilities

• Bookkeeping and Financial Recording: Record all financial transactions accurately and promptly in the company's accounting system, including sales, purchases, expenses, and bank transactions.
• Maintain the general ledger and ensure all entries are properly classified, coded, and supported by appropriate documentation.
• Reconcile bank statements, petty cash, and supplier accounts regularly, identifying and resolving discrepancies promptly.
• Maintain accurate and complete records of all fixed assets, including acquisitions, depreciation schedules, and disposals.
• Accounts Payable and Receivable: Process supplier invoices, verify accuracy against purchase orders and delivery records, and prepare payments for approval.
• Monitor accounts receivable, follow up on outstanding client balances, and report on ageing receivables to the Finance Director.
• Process the advance and completion payment structure for agent, contractor, and supplier agreements in accordance with company policy.
• Maintain accurate records of all customer invoices, receipts, and outstanding balances.
• Monitor and follow up on all outstanding customer accounts to ensure timely collection of payments, maintain healthy cash flow, and minimize overdue debts and bad debt exposure.
• Payroll Support and Statutory Compliance: Prepare monthly payroll inputs in coordination with the HR Manager, ensuring accuracy of salaries, deductions, and statutory contributions.
• Calculate and process statutory deductions including PAYE, NSSF, and WCF contributions, ensuring timely remittance to the relevant authorities.
• Prepare and submit VAT returns and other tax filings to the Tanzania Revenue Authority within statutory deadlines.
• Maintain documentation required for statutory audits and regulatory inspections.
• Financial Reporting and Analysis: Prepare monthly management accounts, including profit and loss statements, balance sheets and cash flow reports, for review by the Finance Director.
• Support the preparation of the company's annual financial statements in coordination with external auditors.
• Monitor and report on the company's cash position, flagging any liquidity concerns to the Finance Director promptly.
• Provide financial data and analysis to support management decision-making, including cost analysis on factory production and project margins.
• Internal Controls and Reporting: Adhere strictly to the company's internal financial controls and approval procedures for all payments and transactions.
• Conduct regular petty cash counts and reconciliations, reporting any discrepancies immediately.
• Submit a Weekly Finance Activity Report to the Finance Director every Friday by 16:00 hours.
• Maintain financial records in a manner that is fully auditable and compliant with Tanzanian accounting standards and company policy at all times.

Qualifications

• Diploma or Bachelor's Degree in Accounting or a related field.
• CPA(T) Is an added Advantage.
• One year of hands-on accounting experience, preferably within a commercial environment.
• Strong working knowledge of Tanzanian tax law, NSSF, and WCF statutory requirements and standard accounting practices.
• Proficiency in accounting software and TRA systems (such as QuickBooks, Tally, Sage, IDRAS, and/or/and similar) and advanced proficiency in Microsoft Excel.
• High level of accuracy, attention to detail, and personal integrity in handling financial information.
• Strong organizational skills and the ability to manage multiple deadlines, particularly around statutory filing dates and month-end closing.

Work Environment

We offer an inclusive, fast-growing, and highly professional work environment.

• Record all financial transactions accurately and promptly in the company's accounting system, including sales, purchases, expenses, and bank transactions.
• Maintain the general ledger and ensure all entries are properly classified, coded, and supported by appropriate documentation.
• Reconcile bank statements, petty cash, and supplier accounts regularly, identifying and resolving discrepancies promptly.
• Maintain accurate and complete records of all fixed assets, including acquisitions, depreciation schedules, and disposals.
• Process supplier invoices, verify accuracy against purchase orders and delivery records, and prepare payments for approval.
• Monitor accounts receivable, follow up on outstanding client balances, and report on ageing receivables to the Finance Director.
• Process the advance and completion payment structure for agent, contractor, and supplier agreements in accordance with company policy.
• Maintain accurate records of all customer invoices, receipts, and outstanding balances.
• Monitor and follow up on all outstanding customer accounts to ensure timely collection of payments, maintain healthy cash flow, and minimize overdue debts and bad debt exposure.
• Prepare monthly payroll inputs in coordination with the HR Manager, ensuring accuracy of salaries, deductions, and statutory contributions.
• Calculate and process statutory deductions including PAYE, NSSF, and WCF contributions, ensuring timely remittance to the relevant authorities.
• Prepare and submit VAT returns and other tax filings to the Tanzania Revenue Authority within statutory deadlines.
• Maintain documentation required for statutory audits and regulatory inspections.
• Prepare monthly management accounts, including profit and loss statements, balance sheets and cash flow reports, for review by the Finance Director.
• Support the preparation of the company's annual financial statements in coordination with external auditors.
• Monitor and report on the company's cash position, flagging any liquidity concerns to the Finance Director promptly.
• Provide financial data and analysis to support management decision-making, including cost analysis on factory production and project margins.
• Adhere strictly to the company's internal financial controls and approval procedures for all payments and transactions.
• Conduct regular petty cash counts and reconciliations, reporting any discrepancies immediately.
• Submit a Weekly Finance Activity Report to the Finance Director every Friday by 16:00 hours.
• Maintain financial records in a manner that is fully auditable and compliant with Tanzanian accounting standards and company policy at all times.

• Proficiency in accounting software and TRA systems (such as QuickBooks, Tally, Sage, IDRAS, and/or/and similar)
• Advanced proficiency in Microsoft Excel
• High level of accuracy
• Attention to detail
• Personal integrity in handling financial information
• Strong organizational skills
• Ability to manage multiple deadlines

• Diploma or Bachelor's Degree in Accounting or a related field.
• CPA(T) Is an added Advantage.
• One year of hands-on accounting experience, preferably within a commercial environment.
• Strong working knowledge of Tanzanian tax law, NSSF, and WCF statutory requirements and standard accounting practices.