Vacancies at Solaris Tanzania, Financial Controller

Financial Controller

Location

Other Mwanza District Mwanza
Description
About Solaris

Solaris Tanzania is a social enterprise that aims to provide clean energy to low-income communities by empowering village entrepreneurs and households with our bespoke solar solution.

The company started its operations in the lake region of Tanzania in October 2014 with an approach that relies on 3 main pillars:

1. An efficient solar technology that suits the needs of entrepreneurs and households. To do so, the Solaris system can charge up to 9 electronic devices at once (lamps, phones, etc.). Systems start from 20W, and can be increased modularly up to 80W + TV.

2. Payment via a micro-credit system that removes the upfront cost constraint that prevents many entrepreneurs from launching such venture. The customer benefits from a “pay-as-you-go” offer and unlocks the device through mobile payments. After the repayment period, the client owns the device and has unlimited access to clean energy for their home and business.

3. A free after sales is offered during the repayment period, through locally based teams of “Rafikis” who visit clients whenever they need support and technical maintenance.

We are growing! Therefore there is a need of a Financial Controller who is responsible for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. He/she will be reporting to the Country Director, this position requires great organization & excellent management skills

Primary Responsibilities

Management

1. Maintain a documented system of accounting policies and procedures

2. Manage outsourced financial functions

3. Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives

4. Oversee the accounting operations of subsidiary/hubs, especially their control systems, transaction-processing operations, and policies and procedures.

Transactions

1. Ensure that accounts payable are paid in a timely manner

2. Ensure that all reasonable discounts are taken on accounts payable

3. Ensure that accounts receivable are collected promptly

4. Process payroll in a timely manner

5. Ensure that periodic bank reconciliations are completed

6. Ensure that required debt payments are made on a timely basis

7. Maintain the chart of accounts

8. Maintain an orderly accounting filing system. Working knowledge of General Ledger software platforms such as Xero

9. Maintain a system of controls over accounting transactions

Reporting

1. Issue timely and complete financial statements

2. Coordinate the preparation of the corporate annual report

3. Recommend benchmarks against which to measure the performance of company operations

4. Calculate and issue financial and operating metrics

5. Manage the production of the annual and monthly budget and forecasts

6. Calculate variances from the budget and report significant issues to management

7. Provide for a system of management cost reports

8. Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations

Compliance

1. Coordinate the provision of information to external auditors for the annual audit

2. Monitor debt levels and compliance with debt covenants

3. Comply with local, regional, and national government reporting requirements and tax filings

Person Specification

The ideal candidate should display the following key skills:

Exceptional organizational and communication skills
Adept in budget management
Strong leadership skills and experience
A team player, able to motivate team members and instil enthusiasm.
Results oriented, with proven success in exceeding targets
Process oriented
We expect the candidate to meet the following criteria:
Bachelor’s degree level in Accounting/Finance with the necessary certifications as well as knowledge and compliance with the regulatory framework
Minimum 5 years proven previous working experience within a financial position
Knowledge in ERP accounting software and PAYTAN payroll packages
Fluent in English and Swahili, with strong verbal and written communication skills
High level of computer literacy, specifically MS Office (Excel, Word and PowerPoint)
Proven numeracy skills and previous experience of budget management
35 year of age and above

Key Information

Location: The role will be based from our regional HQ in Mwanza, with occasional travel to our hubs within the Lakes Region of Tanzania.

Start Date: As soon as possible

Remuneration: Dependent on profile, with annual KPI based bonus.

Therefore there is a need of a Financial Controller who is responsible for the accounting operations of the company

Please send your CV and Cover Letter only to jointheteamtz@solarisoffgrid.com

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