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Finance Manager

Application deadline 22. Jul
Ad ID
1075396
Posted at
Thursday, 09:36
Details
Application deadline
2018-07-22
Business / Employer name
BrighterMonday
Company Industry
Energy
Job Level
Management level
Work Type
Full Time
Highest Qualification
Bachelor
Years of Experience
5 years
Location
Other Arusha District Arusha
Description

Position

The Finance Manager is responsible for lead and manage the operational financial functions of our countries in East Africa, minimising financial risks and manage the sustainability of operations in country. The Finance manager leads strategic collaboration, drives and deploys robust financial management initiatives and is responsible for fixed asset and risk management.

  • Participate in strategic meetings to contribute to the development of the annual financial strategy and business plan in collaboration with country and group finance staff

  • Source and generate new ideas to input into the strategy and provide for strategic adjustments

  • Develop implementation plan of financial strategy in collaboration with the team and monitor implementation therein

  • Develop annual, quarterly and monthly cash flow projections, Manage bank payment approval processes and proper budget control and compliance

  • Monitor country expenditure and review monthly and provide guidance to reduce expenditure

  • Implement and oversee financial remedial plans and measures as required

  • Monitor the execution of proper reporting on budget and cash flow matters

  • Ensure that an effective document management system is in place for country operations (in collaboration with Legal Counsel)

  • Accountable for all postings to the country financial ledgers and collaborate with accounting and reporting team, review and approve entries

  • Sign-off on monthly reconciliations and review and approve regular expenditure reports

  • Review and approve annual financial statements

  • Review asset register to check depreciation calculated and validate additions against support documentation

  • Coordinate a physical account to test what has been recorded in the asset register to confirm the existence of the assets, ensuring that any missing assets are promptly written off

  • Review the insurance policy to ensure it is up to date and that assets are appropriately secured

  • Verify physical stock counts periodically, ensure that any stock losses are promptly written off and monitor the maintenance of the asset register

  • Devise and implement periodic financial and operational risk assessments in collaboration with the Managing Director

  • Carry out internal audits as necessary to assure financial risks are properly managed

  • Participate in weekly Core Team Meetings and performance review meetings and communicate regularly with the Country MDs to provide the necessary updates on departmental operations

  • Liaise with the central accounting team on accounting and financial reporting matters

  • Provide financial advice and counsel to the Country MDs and Heads of Departments and maintain sound working relationships with financial institutions and relevant authorities

  • Support the collaboration across functions to understand and resolve problems on the ground

Requirements

  • Bachelor or Master Degree in Finance or Accounting, preferred with CPA or local accounting certification
  • 5+ years’ financial management experience, including advanced excel modeling skills
  • Knowledge of financial management principles and financial systems
  • Ability to work on EU (at this point the role does not include visa sponsorship)
  • Understanding of the local business environment and knowledge of the relevant financial legislation pertaining to the country
  • Strategic leadership and planning skills
  • Risk and relationship management skills
  • Analytical skills, attention to detail and deadline driven
  • Required to travel on occasion and willing to work extended hours

A client seeks to hire a qualified candidate for the position of a Finance Manager

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BrighterMonday Tanzania
Member Since 20. Nov '17 420 Active Ads 2946 Published Ads
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To apply for this job, please go to the following website www.brightermonday.co.tz
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