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Ad ID: 1377166
Application deadline 30. May

GROUP FINANCIAL CONTROLLER

Other Dar es Salaam District Dar Es Salaam
Details
Application deadline
2019-05-30
Business / Employer name
N V Patel & Brothers Ltd
Company Industry
Logistics & Transportation
Job Level
Management level
Work Type
Full Time
Minimum Qualification
Bachelor
Years of Experience
5 years
Description

Education & Qualifications:

  • Minimum Qualification: CPA or equivalent
  • Degree: Bachelors - Masters Preferred in Corporate Finance or Business Administration
  • Experience Level: Management level
  • Experience Length: 5 years as a Finance Head at least
  • Registered with NBAA

Job Description & Responsibilities

GROUP FINANCIAL CONTROLLER RESPONSIBILITIES INCLUDE:

RESPONSIBILITIES

  • Forecast monthly, quarterly and annual results

  • Developing financial strategy, including risk minimization plans and opportunity forecasting

  • Oversee, review, and adhere to the budgets for each business department

  • Assist in company-wide budgetary planning

  • Conduct risk management and also assessing risk in investments

  • Evaluate and decide on investments

  • Supervise financial assistants and other employees in the facilitation of day-to-day operations, including tracking financial data, invoicing, payroll, etc.

  • Allocate resources and manage cash flows

  • Conduct profit and cost analyses

  • Develop secure procedures to maintain confidential information

  • Ensure that all of the company's financial practices are in line in statutory regulations and legislation

  • Consult board members about funding options

  • Recommend cost-reducing solutions

  • Prepare & Maintain Cash Flows, Monthly Financial statements, Balance & Income sheets.

  • Assist in end of year books for audits

  • Ensure operational compliance and policies and respond to queries / correspondences

  • Reconciling monthly/ quarterly sheets bank accounts and general ledgers

  • Debt management and collection

  • Process vendor payments and cheque requests

  • Manage Annual budgets including preparation of periodic budget forecasts

  • Responsible for ensuring daily book keeping, accounts payable and receivables, end of month close, audit preparation and other related duties assigned

  • Yearly Budget & Forecast must be prepared with monthly reporting whether on track for variance checking

  • Compilation of Accounts of each company at the end of the financial year and submitting to statutory audit within 3 months after end of financial year.

  • Compiling and consolidating final accounts

  • Preparing MIS monthly for each company and Group as a whole

  • Attending all matters relating to Statutory bodies as and when required by each company.

  • Providing Management Services to each company on advising any Accounting and other Matters as and when required by each company.

  • Liaising with Auditors, Legal advisors, Banks depending on the requirement of each company

  • Liaising with Government Authorities and ensure all statutory returns are paid in time as per law by all companies

  • Over all supervising that the companies are adhering the Statutory requirements by submitting Statutory returns and remittances in time.

  • Set internal quarterly audit and submit its report.

  • Any other works as and when assigned by the Management from time to time.

The successful candidate shall have:

  • Proven work experience as a Head of Finance, Director of Finance or similar role

  • In-depth understanding of cash flow management, bank reconciliation and bookkeeping

  • Hands-on experience with budgeting and risk management

  • Excellent knowledge of data analysis and forecasting models

  • Proficiency in accounting software

  • Solid analytical and decision-making skills

  • A well organized, good verbal and interpersonal skills, who can work independently and effectively, by organizing tasks, set priorities, meeting deadlines and multiple tasking.

  • Good judgement and problem-solving skills.

  • Leadership abilities

  • Experience crafting financial strategies and managing accounting teams.

  • Aim of maintaining company’s financial health and increase profitability in the long run.

  • Prepared directions and ready to implement policies and procedures from the Management with a positive and receptive attitude;

This position is open to Tanzanians only.

Application Materials:

Your application materials (Resume) should clearly indicate how you meet the requirements of the position.

Remuneration:

Will commensurate with qualifications, experience and performance

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Supervise all financial tasks, development, financial forecasts and financial related impacts and ensure capital and resources are optimally used

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