Finance Manager

at Kiuma
Location Dar es Salaam, Tanzania, United Republic of
Date Posted December 27, 2024
Category Accounting
Audit
Finance
Management
Job Type Full-time
Currency TZS

Description

Job Description

Job Title:Finance Manager
Department:Finance
Reports to:Chief Executive Officer
JOB SUMMARY
The Finance Manager (FM) is responsible for leading the Finance Department in planning, directing, coordinating, and implementation of the day-to-day financial operations within KIUMA in liaison with the heads of departments. The FM is directly responsible to the Wortundtat, Germany, the CEO in Tanzania and/or a representative to KIUMA from the Donor and or Government.
ROLES AND RESPONSIBILITIES
Financial Strategy and Planning:§ Develop and implement financial strategies aligned with the overall goals of the abattoir. 

§ Provide financial insights and recommendations to support decision-making by the executive team.

Financial Reporting:

§ Oversee the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.

§ Ensure compliance with international accounting standards and local regulations.

Budgeting and Forecasting:

§ Lead the annual budgeting process and collaborate with department heads to ensure alignment with company objectives.

§ Monitor financial performance against budgets and provide variance analysis.

Risk Management:

§ Identify and assess financial risks, proposing mitigation strategies to safeguard the financial health of the abattoir.

§ Stay informed about economic trends, industry developments, and regulatory changes affecting the business.

Financial Operations:

§ Oversee day-to-day financial operations, including accounts payable, receivable, payroll, and treasury functions.

§ Implement and maintain robust internal controls to safeguard assets and ensure accurate financial reporting.

Cash Management:

§ Optimize cash flow through effective management of receivables, payables, and working capital.

§ Evaluate investment opportunities and make recommendations to maximize returns.

Audit and Compliance:

§ Coordinate with external auditors to facilitate annual audits and ensure compliance with regulatory requirements.

§ Implement and monitor internal audit processes to identify and address potential issues.

Strategic Financial Decision-Making:

§ Provide strategic financial insights to support key business decisions, investments, and expansion initiatives.

§ Collaborate with executive leadership to assess the financial feasibility of new projects.

Team Leadership and Development:

§ Lead and mentor the finance team, fostering a culture of accountability, professionalism, and continuous improvement.

§ Promote professional development and training to enhance the team’s skills and capabilities

OCCASIONAL RESPONSIBILITIES
§ Represent KIUMA in accountant’s meetings, seminars or workshop outside KIUMA such NBAA and TRA seminars.§ Hold regular meetings with Finance Team to improve the Department Services. 

§ Participate in KUMA staff committees such as Task Force Committee.

ACADEMIC AND PROFESSIONAL QUALIFICATIONS AND KNOWLEDGE
ü Bachelor’s degree in finance, accounting, or a related field; MBA or professional finance qualification is preferred. (a CPA (T) / ACCA qualified Accountant registered with a National Board of Accountants and Auditors (NBAA).ü Proven experience in management of senior finance role and leadership skills. 

ü Knowledge of international accounting standards and Tanzanian financial regulations.

ü Excellent analytical, strategic thinking, and communication skills.

ü Effective team player and leader with ability to collaborate with cross-functional teams.

ü A Certified Public Accountant

ü At least three (3) years’ cumulative leadership experience in a comparable position from a reputable organization.

EXPERIENCE
§ At least 3 years of experience in Financial Management position.§ At least 2 years’ experience in managing Donor’s funds with different projects. 

§ At least 2 years’ experience in using accounting Computer Package especially SAGE PASTEL.

CORE COMPETENCIES REQUIRED FOR THE ROLE
§ Good Leadership and management skills.§ Excellent Accounting Ethics and Integrity 

§ Proficient in Language –English and Swahili.

§ Advanced Computer literacy.

§ Excellent Budget Preparation Skills.

§ Team work and good Conflict management skills.

COMMUNICATION
The job holder is required to communicate with the following on a regular basis:§ CEO, Heads of departments and other members of staff 

§ Donors.

§ Other key stakeholders such as Auditors, TRA, NBAA, Government officials, Development partners etc.

Applying Instructions

Applicants need to be ready to relocate to Ruvuma Region in Tunduru DistrictSend a covering letter together with your detailed CV with Three Professional Referees (official Emails and Position)

To: KIUMA HR –human.resources@kiuma.or.tz Cc: Ceo@kiuma.or.tz and  administrator@kiuma.or.tz

Deadline for applications: 28th December 2024 Only shortlisted applicants will be contacted.

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