Finance Manager

roomDar es Salaam

business_centerFull Time

book Direct Reports

bookmark Manager

directions_carDriving License Not Required

flagOnly Open to Tanzanian Nationals

businessArts

Finance

Summary

The Finance Manager is a strategic individual in charge of spearheading a multi-faceted finance department. S/He should be able to have a bird's eye view of the organization in order to give recommendations to the board and Managing Director regarding financial and revenue trends.

Responsibilities

  • Long-range financial planning that includes credit and cash flow requirements.
  • Prepares and reviews annual financial statements and annual operating budget
  • Responsible for reviewing and maintaining appropriate procedures and controls for all financial systems in accordance with generally accepted accounting principles.
  • Oversee the preparation of financial records for annual independent audits and assist the preparation of forms and other returns.
  • Responsible for oversight and collection of aged accounts receivable.
  • Proactively and continuously looks for ways to improve the efficiency of the company’s financial position.
  • Prepares financial reports required by the Board, donors, and for funding proposals
  • Assist in formulating the company's future direction and supporting tactical initiatives
  • Monitor and direct the implementation of strategic business plans
  • Develop financial and tax strategies
  • Manage the capital request and budgeting processes
  • Develop performance measures and monitoring systems that support the company's strategic direction
  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of the management team
  • Manage any third parties to which accounting or finance functions have been outsourced
  • Oversee the company's transaction processing and accounting systems (including Quickbooks)
  • Implement operational best practices
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
  • Oversee the issuance of financial information
  • Review and approve all filings with local authorities
  • Report and present financial results to the board of directors, including recommendations
  • Construct and monitor reliable control systems
  • Ensure that the company complies with all legal and regulatory requirements
  • Report risk issues to the Managing Director and board of directors
  • Maintain relations with external auditors and investigate their findings and recommendations
  • Monitor cash balances and cash forecasts
  • Conduct regular bi-weekly staff training and capacity building to ensure succession after two years

Education and Qualifications

  • BSc/BA in Accounting, Finance or relevant field; MSc/MBA is a plus
  • Quickbooks knowledge is an added advantage

Requirements

  • Proven experience of minimum 5-7 years as  Finance Manager or Officer or relevant leadership Finance role
  • Strong knowledge of IRFS and IPSAS reporting
  • Excellent knowledge of data analysis and forecasting methods
  • Strong leadership and organizational skills
  • An analytical mind, comfortable with numbers
  • Ability to manage and train reports

Reporting To

  • Managing Director

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Arts: 1 Years

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Finance: 3 Years

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