Finance Manager Job Vacancy

 Job Title: Finance
Manager

Hiring Organization: Anonymous
Location – Locality: Nairobi
Location – Region: Tanzania
Industry: IT
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 01/09/2024

Location:
Tanzania,

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.

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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