General Description
Directly reporting to the Chief Executive Officer (CEO from hereon), the Chief Executive Officer (CFO from hereon) is a hands-on participative leader responsible for the financial management and reporting of Miracle Experience Tanzania Ltd. This position oversees the accounting, financial reporting, budget planning, tax compliance, and procurement and storage (assets, supplies and inventory) functions of the company. The CFO maintains effective financial and accounting system controls and standards to ensure the integrity of the company’s financial statements. The CFO provides financial reports in a timely manner for use in decision making by the senior management team. Working closely with the CEO, the CFO upholds the company vision and is one of the key personnel in steering Miracle Experience Tanzania Ltd through its next chapter of growth.

Key Duties and Responsibilities

Budgeting and Financial Planning
Lead and facilitate the annual budgeting process, coordinating input from across all departments and provide input to the business plan of the company
Prepare and monitor performance against forecasts and budgets
Execute monthly cash-flow planning (account receivable collections, accounts payables and payments/disbursements)
Oversee and maintain budgetary control to ensure effective revenue management, cost management (value for money) and providing financial advice and commercial insights to the Country Director and Executive team
Lead financial planning, board reporting and building of business pro-forma/financial projections
Assist on initiative and thought leadership in developing the Miracle Experience business model, including looking for opportunities to develop the service offering to the social entrepreneurship sector.
Participate in long-term organizational strategy creation and planning, quarterly and annual. Undertake ad-hoc financial analysis to support Board and Exec strategic decision making. Will be expected to provide meaningful insight and challenge to the Exec with strong contributions to strategic decisions.
Financial control and Accounting
Responsible for timely monthly/quarterly/annual closing of all accounts
Ensure timely and accurate posting, balancing and reconciliations of the general ledger
Ensure monthly reconciliation of bank accounts, cash, sales and all inventories
Ensure that all proper procedures have been followed approvals have been obtained for financial transactions
Ensure all cash/credit sales transactions are timely recorded in the accounting system
Manage all aspects of cost accounting (including landed cost accounting) and inventory control support.
Develop, implement and review business processes, procedures and accounting policies to maintain and strengthen internal controls over cash/bank, inventory, intercompany transactions, accounts receivables, accounts payables, payments and reporting
Reporting and Audit Management
Produce monthly & quarterly financial reports providing variance analysis and in-depth understanding of the key drivers of the business performance.
Leading and coordinating the annual external audit to meet reporting deadlines
Research technical accounting issues for compliance .
Compliance and Banking
Manage relationships with the Company's banks and ensure needs are met on a timely basis
Liaison for all investor relations regarding debt management with banks and BOT and other regulators
Accountable for full tax and regulatory compliance of the business (Statutory returns, Corporate Tax, PAYE, NSSF, VAT, EXCISE TAX, WHT, etc.)
Organizational Needs
Measure effectiveness and efficiency of commercial operational processes both internally and externally and find ways to improve processes.
Improve day to day accountability against operations and strategy across Miracle in close coordination with the Managing Director and other executive team members
Design and revise external partner commercial operating toolkits and manuals•
Support financial planning efforts, including budgeting, forecasting and P&L analysis alongside the CEO.
Assist the CEO in developing and overseeing long-term business strategies
Qualifications
Degree in finance or accounting; Masters in finance or MBA a plus;
Must be a Certified Public Accountant (CPA-T) or possess an equivalent certification recognized by NBAA;
At least ten (4) years’ relevant experience in financial management and reporting, five 3) years of supervisory experience a must;
Must possess project and business management skills;
Demonstrate high integrity and strong values, including confidentiality;
Thorough knowledge and understanding of the Tanzanian regulatory and business environment;
Analytical, problem solving and exceptional organizational skills;
Ability to meet and communicate schedules and deadlines;
Proficiency in MS Office applications and accounting software;
Demonstrate exceptional professional judgment;
Excellent communication, relationship and interpersonal skills;
Able to build and maintain sound relationships with internal and external stakeholders;
Ability to handle multiple tasks, work under pressure and minimum supervision;
Proven experience in developing and implementing systems and internal controls.

Skills and Abilities
Trustworthy, honest and accountable.
Fluent in English and Kiswahili, both oral and written.
Time management skills with the ability to organize and prioritize.
Self-motivated and has the ability to work independently with concentration, speed and accuracy to meet deadlines.
Able to work extended hours and some weekends as needed.
Strong communication and negotiating skills with ability to build relationships with clients and internal departments.