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Assistant Financial Manager

at Shugulika Africa Limited
Location Dar es Salaam, Tanzania, United Republic of
Date Posted January 7, 2023
Category Accounting
Job Type Contract
Currency TZS


Assistant Financial Manager
Job Summary

Our Client, a Hospitality Company is looking for a qualified candidate with excellent administrative and analytical financial skills to join the team. He/she is expected to examine and compile financial reports and be well acquainted with governmental regulations.
To ensure success, Assistant Financial Manager should be very detail-oriented and be problem-solvers. He/she must also have strong mathematical and report writing skills.

• Review and approval of lodge payment obligations (creditors)
• Review the accuracy and completeness of lodge bank reconciliations.
• Process monthly journals.
• Ensuring business expenditure is properly authorized and allocated
• Demonstrate and lead with an independent mind that is capable of questioning the need/requirement for proposed business expenditure and/or to consider that the determined value is reasonable, fair and within acceptable market ranges
• Ensuring the timely and accurate recording of transactions, whether on the Panstrat system or within manual systems such that transactions are recorded on a day to day basis.
• Interpretation and analysis of management accounts.
• Collation and resolution of general ledger queries.
• Assist the Regional Financial Manager with the external Audit and field queries with the audit team.
• Support the Regional Finance Manager with the full financial reporting function for all lodge business units.
• Monthly management account reporting for regional business units and variance analysis.
• In conjunction with the Regional Finance Manager co-ordinate regional annual budgeting and quarterly forecasting.
• Maintain commercial focus through performance of & review of detailed budgets, forecasts and input into management decisions.
• Perform and maintain assigned balance sheet reconciliations on a monthly basis.
• Investigate and report variances and implement controls to reduce variances where relevant.
• Support the maintenance of the fixed asset register across all business units
• Lead and support a primary team of seven lodge accounting officers (including all lodge operations in East Africa) and a secondary team of assistant accounting officers and a team of stores personnel.
• Perform lodge financial audits and ensure best operating practices are maintained.
• Plan, direct and coordinate the responsibilities of direct and indirect reports to ensure they are performing in line with expectations.
• Develop (and continually improve upon) a comprehensive lodge audit program covering all financial related responsibilities of Accounting Officers and lodge management.
• Plan and execute bi-monthly (twice a month) financial audits.
• Develop and adapt best operating practices and implement improvements.
• Investigate and report variances and implement controls to reduce variances where relevant.
• Establish and maintain relationships with internal customers and provide assistance when problems may be encountered.
• Determine how support to lodge teams where an Accounting Officer is on leave.
• Perform the duties of an Accounting Officer (Lodge) on a short term basis in the event that a resource is needed to bridge a gap.
• Initiate disciplinary hearings
• 3 Years finance degree or relevant qualification (preference will be given to candidates with a CPA)
• 5+years experience with a well respected audit firm.
• 5+ years’ experience in financial management.
• Microsoft Office Computer literate - Excel basics are essential
• PanStrat experience preferable
• Fluent in English (oral and written)
• Analysis and problem solving
• Critical thinking – always maintain a high level of professional scepticism
• Highly numerate and accurate, with an eye for detail on numbers and analysis of financial results
• Independent and confident to ask and/or question costs or decision
• Attention to detail
• Teamwork / collaboration
• Ability to work under pressure
• Good communication skills
• Patience a must
• Result orientated and deadline driven
• Hands-on, self-driven and motivated
• Organised and results oriented
• Excellent problem solving skills
• Highly ethical and integrous with the ability to be principled when necessary