Jobs at Human Destiny Executive Search and Recruitment Company LocationTanzania Head Of Finance - Tanzania

Job description

Finance Jobs Tanzania 2017

Company Name

JOB DESCRIPTION - HEAD OF FINANCE - TANZANIA

Reports

Reports to General Manager: Finance (South Africa).
Direct reports

- Financial Accountant

- Accounts Receivable Clerk

- Accounts Payable Clerk

Key relationships with

- Managers and HOD’s in Tanzania

- Station accounting Team in South Africa

- Accountable Manager Tanzania

- Group treasurer

MAIN PURPOSE

The Head of Financial Accounting Tanzania is responsible for ensuring the delivery of valid, accurate and complete financial accounting records for the client's Tanzania business unit, whilst contributing to the long-term development of the company, and the achievement of profitable operations.

RESPONSIBILITIES & TASKS

Key accountabilities and responsibilities on Financial Accounting and Controls

Maintaining responsibility for Accounts Receivable, Accounts Payable, CAPEX, Fixed Assets, Financial Accounting, Tax and VAT, Audit and Year End close off;
Managing and driving generation of monthly statutory accounts and analysis of Business Performance within agreed timelines;
Preparing monthly Group P&L, Balance sheet and cash flow for presentation to Accountable Authority/Board;
Maintaining responsibility for the full financial accounting and statutory account preparation;
Ensuring that all balance sheet reconciliations are completed timeously and accurately;
Maintaining effective implementation of financial policies and procedures, and ensure adherence thereto;
Ensuring complete and up to date operating procedures for all accounting and financial controls;
Assist Head Office in the development of the Finance Policy & Procedures Manual (FPPM).
Ensuring compliance with the, King III, Companies Act, International Financial Reporting Standards and all other Tanzanian regulatory requirements
Developing financial management and accounting mechanisms that minimise financial risk;
Conducting reviews and evaluations for cost-reduction opportunities;
Maintaining accountability for the financial year-end audit and liaising with auditors to ensure interim and annual audits are effectively performed;
Assuming responsibility for the CAPEX processes and procedures;
Ensuring that fixed assets are appropriately recorded and that there are effective internal controls to assure safeguarding of assets and reliability of financial statements;
Maintaining accountability for relevant taxations (WHT, VAT, Corporate Tax, Payroll taxes, Passenger taxes, Safety fee) and Finance Payroll functions;
Keeping abreast of changes in financial regulations and legislation;
Managing and overseeing the Financial Administration, Accounts Payable and Accounts Receivable;
Assisting with external queries re: Finance i.e. shareholders, auditors;
Supply of appropriate support, financial information and reporting to the Accountable Manager Tanzania in order for him to be able to execute his responsibilities
Completing any other reasonable tasks as may be assigned from time to time by the Accountable Manager or General Manager: Finance (South Africa)

Other accountabilities and responsibilities

Monitoring change management processes by applying change management methodology to reduce resistance to change, optimise buy-in and eliminate any barriers to change for new accounting programmes;
Providing adequate support to all managers and staff;
Evaluating, managing and disseminating sensitive information w.r.t staff matters;
Coordinating, compiling and maintaining personal development plans (PDP) for staff in line with the Company Performance Management Plan; and
Managing, controlling and ensuring updated divisional job descriptions are kept for all positions within your area of control.

REQUIREMENTS

Qualifications

Minimum entry level:

Preference / Desirable:

Charted Accountant

Ongoing required qualifications/training:

4 days relevant training per annum

Knowledge & Experience

Minimum entry level:

8 years’ experience in the field of Financial and Management Accounting;
Experience with foreign currency;
Extensive and detailed knowledge of best practice accounting systems, policies and procedures; and
Knowledge and extensive experience with IT systems such as MS Excel, Oracle or related accounting systems.

Preference / Desirable: