Finance Manager Job in Kenya

Location: Tanzania,

Industry: IT,

Gross Salary: Competitive,

Our client in the IT
industry is seeking to hire a Finance Manager who will provide financial
assistance and support during the project(s) implementation phase in Tanzania;
monitor CAPEX and operating expenses during the implementation phase and ensure
compliance with local regulations, corporate guidelines, and budgeted expenses.

Is accountable for all
financial, reporting, controlling, and accounting aspects of the company.
Supports the local GM by providing relevant information through high-quality
and timely reports, for the operation of roughly 60 people across the country
and ensures compliance with local regulations and operating guidelines.

Key Accountabilities:


Liaise with Group Headquarters to ensure
consistency in financial reporting, budgeting, and forecasting processes,
and specific project business models.

Participate in overall tax optimization.
Build, implement, and run an effective
finance function to ensure efficient daily support to the local
organization.

Ensure “order to cash” and “procure to
pay” processes are properly implemented and comply with local regulations.

Guarantee and ensure implementation and
follow-up of internal and external accounting standards, group policies,
and tax rules. Establish financial statements in line with standards (both
statutory and management financial statements).

In charge of all internal controlling
aspects and integrity of business and financial processes.

Monitor, review, and assess financial
performance. Analyze and explain monthly results and variance with budget.
Propose and implement corrective actions aiming to achieve and exceed
approved targets.

Interact with customers, suppliers,
external auditors, banks, tax authorities, and various entities (chamber
of commerce, associations).

Operational contact and responsible for
liaising with auditors, external financial bodies such as court auditors,
regulatory bodies, and any other relevant partners and authorities.

Explore and evaluate options and
implement initiatives to continually improve finance performance.

In charge of implementing, running, and
supervising customer invoicing as per customer contractual requirements,
cash monitoring, cash collection, and cash optimization. Plan financing
needs and liaise with Group HQ.

Ensure compliance with fiscal
requirements. Propose relevant processes/actions for tax optimization.

Establish accurate budget, forecast,
financial simulations, and specific analyses and reports in consultation
with the relevant executive team members and the GM. Coordinate locally
with functional and cost center heads to establish a realistic budget and
liaise with Group HQ.

Responsible for the timely collection of
receivables and payables.

Ensure timely and accurate, weekly
monthly, quarterly, and annual reporting to the GM and Group HQ.

Participate in negotiations with local
equipment suppliers.

Ensure information dissemination by
providing the GM and if needed the other department high quality returns
and reports timely.

The format of financial fact sheets will
be defined by the GM.

The FM oversees implementing and
maintaining a Score Card outlining the financial performance of the
company.

Qualifications:

BSc/BA in accounting, finance, or
relevant field. MSc is an added advantage.

Experienced Finance
Manager with over 5 years experience in Finance and controlling within an
International service / project-based organization.

Should be Certified and
registered with the relevant accounting body in Tanzania.

Knowledge of an ERP
(SAP) is a plus.

Knowledge of generally accepted
accounting principles.

Knowledge of Tanzanian Labour laws.
Knowledge of IFRS principles.
Good interpersonal skills.
High level of integrity and discretion.
Performance-oriented.
Excellent analytical skills.
Hands-on, business awareness, and
customer-oriented.

Languages: Very good level of English on
top of local language.

Talent for problem-solving.
Good knowledge of the country’s tax
system.

Good communication skills.
Good managerial skills.
Big picture thinking capacity.

How to Apply

If you are up to the challenge and possess the necessary qualifications
and experience; please send your CV only quoting the job title on the email
subject (Finance
Manager – Tanzania (IT) 
to 
vacancies@corporatestaffing.co.ke on or before 20th
January 2024.

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