Finance Manager

+255 Dar es Salaam, Dar Es Salaam CVPeople Tanzania

Posted 539 days ago

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Job Description

Permanent
Job Purpose As a Finance Manager, you will be responsible for overseeing all financial activities of the company, ensuring compliance with accounting standards and regulations, and providing strategic financial guidance to senior management. You will play a critical role in driving financial performance, optimizing processes, and supporting business growth. Responsibilities Develop and implement financial strategies, plans, and policies to achieve organizational goals.  Prepare annual budgets, forecasts, and financial models to support decision-making.  Analyze financial performance, variances, and trends, providing insights and recommendations to management.Oversee the preparation of accurate and timely financial statements, reports, and presentations.  Ensure compliance with accounting principles, regulations, and tax laws.Coordinate with external auditors and regulatory authorities as needed.Monitor cash flow, liquidity, and working capital to support operational needs and financial stability.  Optimize cash management strategies, including investment decisions and financing activitiesIdentify and assess financial risks, including market, credit, and operational risks.  Develop and implement risk mitigation strategies and controls to safeguard company assets.Provide strategic financial guidance and insights to senior management and key stakeholders.  Evaluate investment opportunities, mergers and acquisitions, and other strategic initiativesLead and mentor the finance team, providing guidance, support, and professional development opportunities. Foster a culture of accountability, collaboration, and continuous improvement within the finance departmentRequirements Knowledge and Experience Bachelor's degree in Finance, Accounting, or related field; professional certification (e.g., CPA, CFA) is required. A Master's degree will be an added advantage  5 years of progressive experience in financial management  Strong understanding of accounting principles and financial reporting.  Proficiency in financial analysis and modelling.  Experienced in accounting software’s, QuickBooks, tally.  Experience in budgeting, forecasting, and variance analysis.  Knowledge of relevant financial regulations and compliance requirements.  Excellent leadership and team management skills.  Effective communication and interpersonal abilities.  Advanced proficiency in financial software and Microsoft Excel.  Strategic thinking and problem-solving skills. Detail-oriented with a focus on accuracy
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Finance & Administration Officer

+255 Dar Es Salaam, Dar Es Salaam CVPeople Tanzania

Posted 15 days ago

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Job Description

Permanent
Job Purpose

The Finance & Administration Officer is responsible for managing and supporting routine office operations, finance functions, and administrative activities. The role ensures that financial transactions are accurately recorded and that administrative support is efficiently delivered across the organization. The position serves as a vital link between staff, clients, and stakeholders, ensuring smooth internal operations and compliance with relevant policies and regulations.

Responsibilities Finance & Accounting

·    Manage day-to-day financial transactions and maintain accurate financial records.

·    Process invoices, receipts, payroll, and statutory deductions (PAYE, SDL, NSSF, WCF, City Service Levy).

·    Enter financial data into QuickBooks and ensure completeness and accuracy.

·    Prepare monthly, quarterly, and annual financial reports.

·    Support audits by preparing required documentation and ensuring internal controls are followed.

·    Coordinate banking activities including setting up, managing, and balancing accounts.

·    Assist the Country Buiness Manager in financial data analysis and budget preparation.

Administration & Office Management

·    Oversee general office operations and support administrative functions.

·    Maintain proper filing and documentation of financial and administrative records.

·    Ensure accuracy in documentation, invoicing, and client communication.

·    Support procurement processes and inventory control.

·    Process staff payroll and benefits.

Compliance & Process Review

·    Ensure timely preparation and submission of statutory returns.

·    Review and improve internal financial and administrative processes.

·    Implement internal controls and ensure policy compliance.

RequirementsKnowledge and Experience

·    Bachelor’s Degree in Accounting, Finance, or a related field from a recognized institution.

·    Minimum 2 years of experience in finance and administrative roles.

·    Proven ability to manage financial transactions and office operations.

·    Experience working with QuickBooks or similar accounting software.

·    Strong understanding of financial regulations and statutory obligations in Tanzania.

·    Excellent organizational and multitasking skills.

·    High level of accuracy, integrity, and attention to detail.

·    Strong interpersonal and communication skills.

·    Ability to work under pressure and meet tight deadlines.

·    Fluency in both English and Kiswahili.

·    Professional appearance and demeanor.

·    Respectful and tactful when dealing with clients and staff from diverse backgrounds.

·    Punctual, reliable, and self-motivated.

·    Proactive with a problem-solving attitude.

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Senior Finance Manager- Strategic Planning and Operations

+255 Dar es Salaam, Dar Es Salaam CVPeople Tanzania

Posted 554 days ago

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Job Description

Permanent

Job Purpose

The Finance Manager is to ensure the business’s financial health and determine the financial business metrics to lead the company towards profitability. Specifically, to undertake all aspects of financial management, including accounting, regulatory and financial reporting, budget and forecasts preparation, development, and implementation of internal control policies and procedures. Also, to provide ownership and execution on all administrative issues. Responsibilities Preparing all invoices (franchise network fees, supply of products to franchises (bottles), and other income/receivables) in the accounting software (QuickBooks) Leading the communication with Franchisees regarding all invoices, arrears, discounts, etc. Overseeing the Accounts Receivables management enforcing the AR policy to ensure that all accounts are current.Lead and facilitate the annual budgeting process, coordinating input from across all departments and providing input to the company’s business plan.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. Support the franchisees in key aspects of financial management and training.Assist on initiative and thought leadership in developing the Jibu 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. Assist with ensuring correct resources are in place for the organization to grow – programs, HR and fundraising strategies.Serve as a local point-of-contact for institutional contract reviews, including billing, contract execution, etc. 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 systemManage all aspects of cost accounting (including landed cost accounting) and inventory control support for both Jibu Franchises and company owned stores 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 reportingManage relationships with the Company's banks and ensure needs are met on a timely basisLiaison for all investor relations regarding debt management with banks and BOT and other regulatorsAccountable for full tax and regulatory compliance of the business (Statutory returns, Corporate Tax, PAYE, NSSF, VAT, EXCISE TAX, WHT, etc.)Requirements Knowledge and Experience 5+ years of experience in the Finance department in a similar role in Tanzania/EA with a for-profit business which operates in multiple locations and in several currencies. Required professional qualification CPA, ACCA, CIMA or equivalent.Thorough knowledge of accounting principles and procedures including IFRS and IASs.Demonstrable experience with preparing financial statements, management accounting (costing, unit economics)Demonstrated experience with complex budgets and forecasts prepared in Excel and daily and monthly monitoring of actual vs. budget.High levels of proficiency in Excel, Word, PowerPoint and Google Suite Excellent accounting software experience in Quickbooks Strong focus on controls and processes and high attention to detailStrong communication skills for engaging with business partners and ensuring processes are being followed.
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