Accountant

at Poltan Africa Limited
Location Dar es Salaam, Tanzania, United Republic of
Date Posted December 22, 2022
Category Accounting
Audit
Finance
Management
Job Type Full-time
Currency TZS

Description

The accountant will be responsible for several major duties:

  • Document financial transactions by entering account information.
  • Recommend financial actions by analyzing accounting options.
  • Prepare payments by verifying documentation, and requesting disbursements.
  • Prepare accurate and properly analyzed monthly/annual financial statements and in the set deadlines. The financial statements must be in accordance with international financial standards.
  • Participate in the year end external audit of the company and in support in ensuring accurate statutory financial statements as audited and released on time.
  • Responsible for the Company’s tax compliance, tax planning, accounting for income taxes and preparation of tax returns
  • Maintaining relations with TRA, tax advisers and advising other departments on all tax matters.
  • Ensure all payments subjected to withholding taxes are dealt with accordingly and withheld amounts are remitted to TRA within the stipulated time frame.
  • Develop and oversee accounting policies and procedures to meet both current and future business models.
  • Collect data to determine costs of business activity such as material purchases, inventory and labor.
  • Develop cash flow forecasting and maintain a long term cash forecast.
  • Maintain an expenses database and determine fixed costs (e.g. salaries, allowances etc.)
  • Analyze actual operational costs and prepare periodic reports; compare standard costs to actual operational costs.
  • Record cost information for use in controlling expenditures.
  • Provide management with reports specifying and comparing factors affecting profitability of services
  • Prepare monthly and annual returns.
  • Process and prepare monthly statutory payments, such as NSSF, WCF, HESLB, NHIF, PAYE, SDL. These should be paid within the statutory deadlines.
  • In consultation with the Finance & Administration Manager, prepare payments relating to corporate tax on a quarterly basis.
  • Analyze and report profit margins.
  • Identify and recommend cost-effective solutions.
  • Periodic review of the inventory of fleet, equipment, spare parts and other movable assets is accurately maintained.
  • Perform any other duties as shall be reasonably assigned to you by management from time to time.

Required profile for job ad : Accountant

Requirements

  • Accountant General Skills and Qualifications:
  • Bachelor’s Degree in Accounting, Finance or relevant study,
  • In-depth understanding of Generally Accepted Accounting Principles (GAAP),
  • Hold Certified Public Accountant (CPA) and / or ACCA
  • Cost Accounting Knowledge,
  •  Minimum work experience of 5 years in a related field.
  •  Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principles.
  • Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
  •  Excellent analytical skills with an attention to detail,
  • Deadline-Oriented,
  • Confidentiality,
  • Microsoft Office literacy.