Deadline of this Job: 20 January 2023
JOB DETAILS:
Responsibility:
Preparation of Financial & Reconciliations and other reports for Internal and External Stakeholders including Management, Regulators and the Group
Analyses and Interprets financial information that helps to make business decisions to improve efficiencies Main tasks
1. Ensure compliance with the reporting requirements as per VFT MFB Policy and relevant regulations particularly the Central Bank reports
2. Prepares various reports for Management, VFI, Regulators and other stakeholders in accordance with the requirements and specified frequencies.
3. Analyses and Interprets reports to provide insights and recommendations regarding financial performance and compliance to various set limits
4. Monitor Covenants and Prepare Grant and similar reports for Donors and Lenders.
5. Provide input in the preparation of budget
6. Advise Finance Officers (payment) on budgetary control
7. Monitoring all costs to ensure that they are rational and advise payment officer on the relevant checks
8. Provides insight on various costs patterns and recommend ways to make savings (e.g. considerations on switching service providers and suppliers e.t.c)
9. Conducts various reconciliations of all key components of the Financial Reports (Internal Accounts) to ensure accuracy on month and year end/ closure process
10. Monitoring Suspense accounts to ensure all movements are correct and justifiable and also items are cleared in good time
11. Review and capturing of presented Loan write offs
12. Maintaining Head Office Accounts and Subsidiary ledgers for all assets and liabilities
Education/Experience
• Certified Public Accountant (CPA-T) or similar qualifications Bachelor in Accounting or similar qualification
• Must have a clear understanding of Microfinance industry or banking and technology
• Very good knowledge and comfort dealing with financial information
• Very good analytical & reporting skills
• Meet local regulatory requirements
• 3 years’ experience in Banking or Microfinance operations
Special / Personal Abilities
• Excellent character and unquestionable integrity Ability to do exact and detailed analysis for all loan applications Good negotiation skills and highly determined to accomplish tasks Good Oral and written communication skills
• Must be a self-starter, highly motivated, organized, and detail-oriented Model and demonstrates effective Christian leadership
Deadline of this Job: 20 January 2023
JOB DETAILS:
Responsibility
Reconciliation and Follow up on outstanding items
Main Tasks
• Perform Monthly Bank Reconciliations and submit the same to the Finance Manager by 5th of the following month
• Perform MNOs (Mpesa, Tigo and Airtel) on a daily basis and share the same to Finance Manager
• Make follow-up of the reconciliation items, provide status of the outstanding items, aging and action plan going forward
• Monitoring items in suspense accounts and ensure they are cleared within the set timelines
• Preparing and recommending items to be written-off/recognized as income on a quarterly basis
• Ensure sufficient funding of VFT Wallets with MNOs
• Engaging Banks and MNOs to obtain confirmation of signatories on semiannual basis and/or as needed
• Prepare proposals and keep track of the short term investments to ensure timely follow-up as they mature
• Custodian of FDR receipts
• Working in collaboration with the Risk Officer to conducting Liquidity Stress testing on a quarterly basis
• Performing due diligence for VFT Conduit banks and MNOs
• Any other duties as will be assigned by the supervisor
Education/Experience
• Bachelor Degree in Banking and Finance & Bachelor Degree in Accounts
• Very good knowledge of oral & written English
• Very good analytical & reporting skills
• 2 years’ experience in Banking or Microfinance operations
• CPA holder is an added advantage
Special / Personal Abilities
• Excellent character and unquestionable integrity Ability to do exact and detailed analysis for all loan applications Good negotiation skills and highly determined to accomplish tasks Good Oral and written communication skills
• Must be a self-starter, highly motivated, organized, and detail-oriented Model and demonstrates effective Christian leadership
JOB DETAILS:
Responsibility
Reconciliation and Follow up on outstanding items
Main Tasks
• Perform Monthly Bank Reconciliations and submit the same to the Finance Manager by 5th of the following month
• Perform MNOs (Mpesa, Tigo and Airtel) on a daily basis and share the same to Finance Manager
• Make follow-up of the reconciliation items, provide status of the outstanding items, aging and action plan going forward
• Monitoring items in suspense accounts and ensure they are cleared within the set timelines
• Preparing and recommending items to be written-off/recognized as income on a quarterly basis
• Ensure sufficient funding of VFT Wallets with MNOs
• Engaging Banks and MNOs to obtain confirmation of signatories on semiannual basis and/or as needed
• Prepare proposals and keep track of the short term investments to ensure timely follow-up as they mature
• Custodian of FDR receipts
• Working in collaboration with the Risk Officer to conducting Liquidity Stress testing on a quarterly basis
• Performing due diligence for VFT Conduit banks and MNOs
• Any other duties as will be assigned by the supervisor
Education/Experience
• Bachelor Degree in Banking and Finance & Bachelor Degree in Accounts
• Very good knowledge of oral & written English
• Very good analytical & reporting skills
• 2 years’ experience in Banking or Microfinance operations
• CPA holder is an added advantage
Special / Personal Abilities
• Excellent character and unquestionable integrity Ability to do exact and detailed analysis for all loan applications Good negotiation skills and highly determined to accomplish tasks Good Oral and written communication skills
• Must be a self-starter, highly motivated, organized, and detail-oriented Model and demonstrates effective Christian leadership
Deadline of this Job: 22 January 2023
JOB DETAILS:
Finance Manager
Our finance manager is a senior-level accountant who leads the accounting department. He or She is responsible for overseeing all aspects of the company’s financial reporting, including preparing annual reports and assuring full compliance. The finance manager also guides management on how best to use their resources to maximize profitability. This may include recommending ways to cut costs or increase activities in the organisation.
If you are a motivated and passionate individual who shares our conviction that our world has to do more about the sustainability of the human race and the environment. In that case, we want to hear from you.
Responsibilities
• Supervises activities of subordinates; assigns work and evaluates performance.
• Plans directs organizes and schedules the activities of a specialized accounting function or several accounting areas.
• Prepares and/or supervises the preparation of financial reports and reconciliation.
• Advises administrative management as to procedures concerning expenditures and other accounting practices.
• Prepares and/or directs the preparation of specialized or highly complex reports, statements, surveys, or analyses for management.
• Maintains accounting and budget records.
• Recommends management alternatives when accounting data indicates trends or situations requiring action to be taken beyond the scope of responsibilities.
• Research, analyse, and use independent judgment in daily and non-routine decisions affecting assigned functions.
• Maintain inventories of all office fixed assets, office equipment and supplies and ensure that equipment and fixed assets are insured and properly maintained and damages and losses are reported.
• Provides internal/external training, both orally and in writing, on accounting systems, procedures, and practices.
• Prepare monthly financial reports and ensure appropriate coding/allocations.
• Coordinate project audits, including preparing financial reports and submitting financial support documents.
• Provides technical advice and services to lower-level accountants or other staff with problems, complex issues, or special projects.
• Assist project staff in developing budgets for project activities and processing budget modification requests.
• Researches and evaluates new or changed accounting principles and practices.
Requirements
• Knowledge of accounting principles, theory, and practices.
• Knowledge of supervisory principles, practices, and techniques.
• Attention to detail
• Knowledge of computerized accounting systems and applications, including main frame systems, personal computers, and general software applications. Preferably SAGE 300Advance.
• Excellent communication and interpersonal skills, competent IT skills, solid planning and organization skills, strong numerical skills and attention to detail, uphold integrity, team player and leader and ability to work in a multicultural environment.
Minimum Qualifications:
• Bachelors in business commerce/Accounting/Finance or other related fields from a recognized University. Professional qualification in accountancy such as CPA or ACCA.
• Four years of professional accounting experience in a senior position of a donor-funded organization; OR, eight years of professional accounting experience; OR, any equivalent combination of experience and/or education from which comparable knowledge, skills and abilities have been achieved
Required documents
• An application letter describing your motivation for the position
• Recommendation letter
• Up-to-date Curriculum Vitae with three current contacts of reference
• Copies of relevant certificates, and transcripts
• Current and expected remuneration
Applications should be addressed to
Human Resource Manager
Sustainable Agriculture Tanzania (SAT),
P.O Box 6369,
Morogoro
Applications
No phone calls or in-person applications will be accepted. Only shortlisted applicants will be contacted, so there is no need to follow up. Applications must apply via online application before 22nd January 2023.
JOB DETAILS:
Finance Manager
Our finance manager is a senior-level accountant who leads the accounting department. He or She is responsible for overseeing all aspects of the company’s financial reporting, including preparing annual reports and assuring full compliance. The finance manager also guides management on how best to use their resources to maximize profitability. This may include recommending ways to cut costs or increase activities in the organisation.
If you are a motivated and passionate individual who shares our conviction that our world has to do more about the sustainability of the human race and the environment. In that case, we want to hear from you.
Responsibilities
• Supervises activities of subordinates; assigns work and evaluates performance.
• Plans directs organizes and schedules the activities of a specialized accounting function or several accounting areas.
• Prepares and/or supervises the preparation of financial reports and reconciliation.
• Advises administrative management as to procedures concerning expenditures and other accounting practices.
• Prepares and/or directs the preparation of specialized or highly complex reports, statements, surveys, or analyses for management.
• Maintains accounting and budget records.
• Recommends management alternatives when accounting data indicates trends or situations requiring action to be taken beyond the scope of responsibilities.
• Research, analyse, and use independent judgment in daily and non-routine decisions affecting assigned functions.
• Maintain inventories of all office fixed assets, office equipment and supplies and ensure that equipment and fixed assets are insured and properly maintained and damages and losses are reported.
• Provides internal/external training, both orally and in writing, on accounting systems, procedures, and practices.
• Prepare monthly financial reports and ensure appropriate coding/allocations.
• Coordinate project audits, including preparing financial reports and submitting financial support documents.
• Provides technical advice and services to lower-level accountants or other staff with problems, complex issues, or special projects.
• Assist project staff in developing budgets for project activities and processing budget modification requests.
• Researches and evaluates new or changed accounting principles and practices.
Requirements
• Knowledge of accounting principles, theory, and practices.
• Knowledge of supervisory principles, practices, and techniques.
• Attention to detail
• Knowledge of computerized accounting systems and applications, including main frame systems, personal computers, and general software applications. Preferably SAGE 300Advance.
• Excellent communication and interpersonal skills, competent IT skills, solid planning and organization skills, strong numerical skills and attention to detail, uphold integrity, team player and leader and ability to work in a multicultural environment.
Minimum Qualifications:
• Bachelors in business commerce/Accounting/Finance or other related fields from a recognized University. Professional qualification in accountancy such as CPA or ACCA.
• Four years of professional accounting experience in a senior position of a donor-funded organization; OR, eight years of professional accounting experience; OR, any equivalent combination of experience and/or education from which comparable knowledge, skills and abilities have been achieved
Required documents
• An application letter describing your motivation for the position
• Recommendation letter
• Up-to-date Curriculum Vitae with three current contacts of reference
• Copies of relevant certificates, and transcripts
• Current and expected remuneration
Applications should be addressed to
Human Resource Manager
Sustainable Agriculture Tanzania (SAT),
P.O Box 6369,
Morogoro
Applications
No phone calls or in-person applications will be accepted. Only shortlisted applicants will be contacted, so there is no need to follow up. Applications must apply via online application before 22nd January 2023.
Deadline of this Job: 31 January 2023
JOB DETAILS:
Job Description
Job Title: Country Treasurer - Tanzania
Industry: Banking
Location: Tanzania
Salary: Competitive Salary Package + Benefits
Job Purpose:
The Treasurer manages the balance sheet of the bank and also buys and sells currency on behalf of the bank for profit and for sale to bank customers. The function is also responsible for ensuring that the bank has a wide array of currency and risk hedging products available to customers and to the branch. The Treasurer directs, manages and controls Treasury Front Office
Job Objectives:
• Strategic management of bank’s Treasury and Balance sheet to achieve optimal profitability while minimizing risk exposure
• Sourcing for LCY/FCY deposits and investments
• Business and Product Development
Major responsibilities
• Development of Hedge products for the bank and its customers
• Maximize return on investments by exploring available instruments that are within the Bank’s risk exposure guidelines.
• Meet customers’ foreign exchange requirements by providing a competitive price and excellent service.
• Exchange Income Generation from FX trading
• Currency Trading on Account of the bank’s Customers
• Develop and Implement an Effective Liquidity Management Strategy
• Maximize the yield from the branch’s balance sheet
• Establish procedure for monitoring risks, ensure adherence to delegated/approved limits, for liquidity credit and market risk parameters and proper risk reporting.
• Structure interest rate risk to protect the bank earnings against adverse rate movements, while exploiting profit opportunities incurring acceptable risk.
• Build and maintain a foreign currency sales capability to service bank customer needs efficiently and profitability.
• Direct the management of foreign currency positions to protect bank earnings against adverse rate fluctuations, while purchasing bank and customer currency needs in efficient amounts to acceptable rates.
• Develop and operate ALCO as the primary bank senior management forum for reviewing and structuring the bank balance sheet exposures to manage risk and enhance profitability.
• Implement and monitor ALCO directives
• Maintain prudent liquidity in support of bank business needs, while investing excess funds effectively and profitably.
• Develop two-way market capabilities for the affiliate to facilitate funding flexibility.
• Ensure that all aspects of Treasury are conducted within the letter of all applicable laws, regulations and procedures.
• Maintain a healthy working environment that his conducive to higher productivity.
• Continuously explore ways to maximize employee benefits with least costs.
• Balance sheet management
• Liquidity management
• Deepening existing business relationships
• Maintaining good working relationship with other banks, and proactively represent the Bank
• Monitor and ensure that all Treasury activities are done based on the approved procedures,
Key Performance Indicators (KPIs)
• Portfolio Size
• Product development
• Cost of funds
• Yield on assets
• Efficient Country balance sheet structure
• Regulatory compliance
• Accuracy of forecast of key economic indicators
• Efficient monitoring of Balance Sheet triggers
JOB DETAILS:
Job Description
Job Title: Country Treasurer - Tanzania
Industry: Banking
Location: Tanzania
Salary: Competitive Salary Package + Benefits
Job Purpose:
The Treasurer manages the balance sheet of the bank and also buys and sells currency on behalf of the bank for profit and for sale to bank customers. The function is also responsible for ensuring that the bank has a wide array of currency and risk hedging products available to customers and to the branch. The Treasurer directs, manages and controls Treasury Front Office
Job Objectives:
• Strategic management of bank’s Treasury and Balance sheet to achieve optimal profitability while minimizing risk exposure
• Sourcing for LCY/FCY deposits and investments
• Business and Product Development
Major responsibilities
• Development of Hedge products for the bank and its customers
• Maximize return on investments by exploring available instruments that are within the Bank’s risk exposure guidelines.
• Meet customers’ foreign exchange requirements by providing a competitive price and excellent service.
• Exchange Income Generation from FX trading
• Currency Trading on Account of the bank’s Customers
• Develop and Implement an Effective Liquidity Management Strategy
• Maximize the yield from the branch’s balance sheet
• Establish procedure for monitoring risks, ensure adherence to delegated/approved limits, for liquidity credit and market risk parameters and proper risk reporting.
• Structure interest rate risk to protect the bank earnings against adverse rate movements, while exploiting profit opportunities incurring acceptable risk.
• Build and maintain a foreign currency sales capability to service bank customer needs efficiently and profitability.
• Direct the management of foreign currency positions to protect bank earnings against adverse rate fluctuations, while purchasing bank and customer currency needs in efficient amounts to acceptable rates.
• Develop and operate ALCO as the primary bank senior management forum for reviewing and structuring the bank balance sheet exposures to manage risk and enhance profitability.
• Implement and monitor ALCO directives
• Maintain prudent liquidity in support of bank business needs, while investing excess funds effectively and profitably.
• Develop two-way market capabilities for the affiliate to facilitate funding flexibility.
• Ensure that all aspects of Treasury are conducted within the letter of all applicable laws, regulations and procedures.
• Maintain a healthy working environment that his conducive to higher productivity.
• Continuously explore ways to maximize employee benefits with least costs.
• Balance sheet management
• Liquidity management
• Deepening existing business relationships
• Maintaining good working relationship with other banks, and proactively represent the Bank
• Monitor and ensure that all Treasury activities are done based on the approved procedures,
Key Performance Indicators (KPIs)
• Portfolio Size
• Product development
• Cost of funds
• Yield on assets
• Efficient Country balance sheet structure
• Regulatory compliance
• Accuracy of forecast of key economic indicators
• Efficient monitoring of Balance Sheet triggers
Deadline of this Job: 31 January 2023
JOB DETAILS:
Job Description
Job Title: Chief Credit Officer (CCO) - Tanzania
Industry: Banking
Location: Tanzania
Salary: Competitive Salary Package + Benefits
Purpose(s) of the Job:
Create high quality credit risk assets of the bank, minimize the incidence of non-performing loans of the bank and increase the financial performance of the bank by creating profitable credit risk assets.
Responsibilities:
• Recommend for approval facilities, risk mitigating factors, structures, terms and conditions of bank credits after proper analysis.
• Evaluate third party credit risk analysis and make appropriate recommendations.
• Oversee the post-approval evaluation of appropriate credit facilities and initiate follow-up actions
• Ensure that all credit applications comply with the bank's credit policy and procedure
• Ensure that the relevant credit approval procedure and process are adhered to at all times
• Effectively coordinate the activities of department members to ensure that performance objectives are met
• Train credit analysts to improve their skills and knowledge of officer/manager relations by participating in personal training and development
• Review memos and product programs and offer appropriate advice based on detailed analysis
• Develop and improve the quality of presentation / submission of credit to the bank
• Accurate daily, weekly and monthly reporting of department performance returns to Executive Management
• Perform other duties assigned by the leader of the country
Key Performance Indicators (KPIs)
• Number of provisions for bad debts made before
• Compliance with internal and external policies and regulations
• Quality of the asset portfolio
• Customer Satisfaction Index
• Good external credit rating
• Added value to credit requests
• Effective control/management of all subordinates to achieve team goals
Educational Qualifications:
• University Degree in any Discipline
Previous work experience requirements:
• Minimum of 6 years of credit control, credit administration experience
Knowledge
• Financial accounting
• Credit analysis and risk assessment
• Good knowledge of the country's economy and market dynamics
• Good knowledge of bank policies and procedures
• Good knowledge of credit products
Skills
• Good analytical skills
• Excellent writing skills
• Good presentation skills
• Good interpersonal skills
• Have a team spirit and have an excellent sense of organization
• Attention to detail
• Good communication skills
JOB DETAILS:
Job Description
Job Title: Chief Credit Officer (CCO) - Tanzania
Industry: Banking
Location: Tanzania
Salary: Competitive Salary Package + Benefits
Purpose(s) of the Job:
Create high quality credit risk assets of the bank, minimize the incidence of non-performing loans of the bank and increase the financial performance of the bank by creating profitable credit risk assets.
Responsibilities:
• Recommend for approval facilities, risk mitigating factors, structures, terms and conditions of bank credits after proper analysis.
• Evaluate third party credit risk analysis and make appropriate recommendations.
• Oversee the post-approval evaluation of appropriate credit facilities and initiate follow-up actions
• Ensure that all credit applications comply with the bank's credit policy and procedure
• Ensure that the relevant credit approval procedure and process are adhered to at all times
• Effectively coordinate the activities of department members to ensure that performance objectives are met
• Train credit analysts to improve their skills and knowledge of officer/manager relations by participating in personal training and development
• Review memos and product programs and offer appropriate advice based on detailed analysis
• Develop and improve the quality of presentation / submission of credit to the bank
• Accurate daily, weekly and monthly reporting of department performance returns to Executive Management
• Perform other duties assigned by the leader of the country
Key Performance Indicators (KPIs)
• Number of provisions for bad debts made before
• Compliance with internal and external policies and regulations
• Quality of the asset portfolio
• Customer Satisfaction Index
• Good external credit rating
• Added value to credit requests
• Effective control/management of all subordinates to achieve team goals
Educational Qualifications:
• University Degree in any Discipline
Previous work experience requirements:
• Minimum of 6 years of credit control, credit administration experience
Knowledge
• Financial accounting
• Credit analysis and risk assessment
• Good knowledge of the country's economy and market dynamics
• Good knowledge of bank policies and procedures
• Good knowledge of credit products
Skills
• Good analytical skills
• Excellent writing skills
• Good presentation skills
• Good interpersonal skills
• Have a team spirit and have an excellent sense of organization
• Attention to detail
• Good communication skills
Deadline of this Job: 25 January 2023
JOB DETAILS:
About Us
We are National Printing Company Ltd one of the leading printing entities in the printing industry Tanzania. We are expert in printing high classified documents, Text books, Brochures, Magazines, Calendars, Electronic receipts, etc.
The Company aimed at recruiting a well-qualified and experienced Chief Accountant who is required to administer and co-ordinate all financial functions of the Company with adherence to the Financial Standards and Regulations.
Job Desrciptions
• Keeping adequate accounts and records covering all aspects of the Company’s business transactions and preparing monthly, quarterly and annual accounts for presentation to Management, Board of Directors and External Auditors for auditing purposes.
• Keeping statutory records regarding salaries and wages and other internal records approved by the management.
• Keeping appropriate records and accounts designed to show current position in respect of outside commitments and charges to show operating and financial position in relation to the budget.
• Drawing Management attention to departure from policy, plans or budgets or any other features revealed by the monthly report.
• Maintaining and issuing to the managing Director information for cost control of labour, materials and overheads.
• Making financial analysis using the financial indicators to point out areas which need management attention for immediate action.
• Responsible for the Company’s TAX compliances and coordinate all insurance matters.
• Verification of the accurate and timely quarterly and annual consolidation report.
• To maintain General Ledger, Fixed Assets Ledger and other appropriate files and documents.
• Administer and co-ordinate all cost and financial functions and ensure adherence to company Financial Regulations.
• Review internal and external audit recommendations and ensure implementation of corrective control measures.
• Preparation of cash budget and forecast and advising on cash and resources management.
• To perform any duties as may be assigned by the Managing Director or management from time to time.
Requirements
Qualifications: Bachelor degree or Equivalent in Finance/Accounts, Business management, with emphasis in Accounting – Professional qualified CPA/ ACCA
Three (3) years of relevant working experience in a reputable institution.
Salary: Negotiable for the right Candidate.
JOB DETAILS:
About Us
We are National Printing Company Ltd one of the leading printing entities in the printing industry Tanzania. We are expert in printing high classified documents, Text books, Brochures, Magazines, Calendars, Electronic receipts, etc.
The Company aimed at recruiting a well-qualified and experienced Chief Accountant who is required to administer and co-ordinate all financial functions of the Company with adherence to the Financial Standards and Regulations.
Job Desrciptions
• Keeping adequate accounts and records covering all aspects of the Company’s business transactions and preparing monthly, quarterly and annual accounts for presentation to Management, Board of Directors and External Auditors for auditing purposes.
• Keeping statutory records regarding salaries and wages and other internal records approved by the management.
• Keeping appropriate records and accounts designed to show current position in respect of outside commitments and charges to show operating and financial position in relation to the budget.
• Drawing Management attention to departure from policy, plans or budgets or any other features revealed by the monthly report.
• Maintaining and issuing to the managing Director information for cost control of labour, materials and overheads.
• Making financial analysis using the financial indicators to point out areas which need management attention for immediate action.
• Responsible for the Company’s TAX compliances and coordinate all insurance matters.
• Verification of the accurate and timely quarterly and annual consolidation report.
• To maintain General Ledger, Fixed Assets Ledger and other appropriate files and documents.
• Administer and co-ordinate all cost and financial functions and ensure adherence to company Financial Regulations.
• Review internal and external audit recommendations and ensure implementation of corrective control measures.
• Preparation of cash budget and forecast and advising on cash and resources management.
• To perform any duties as may be assigned by the Managing Director or management from time to time.
Requirements
Qualifications: Bachelor degree or Equivalent in Finance/Accounts, Business management, with emphasis in Accounting – Professional qualified CPA/ ACCA
Three (3) years of relevant working experience in a reputable institution.
Salary: Negotiable for the right Candidate.