Finance Manager
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.