Job Description
Job Summary;
Our Client, an Insurance Company, is searching for a qualified Finance Manager who will be responsible for performing the functions pertaining to the Finance Department and
Corporate Secretariat office to support compliance with relevant statutes governing the
company. Simultaneously, the recruit would be required to assist in the smooth functioning
of the department.
Responsibilities;
- Prepare annual financial statements, tax returns, and required regulatory returns as
well as oversee the external audit process and effectively manage the Finance team
across all the branches.
- Management of accounting systems and external support including month-end close
procedures.
- Ensure the integrity of financial data on the chosen IT platforms
- Ensure compliance with accounting and tax-related regulations, laws, and filing
requirements.
- Provide accurate, timely, and comprehensive financial reporting to the management
team.
- Influence behavior both within finance and the wider business for continuous
improvement, particularly in areas such as, claim payments, expenses payments, RI
Payments, cash receipts, commission payments, bank reconciliation & RI reconciliation
on monthly basis, and WIP management.
- Oversee all accounting procedures, financial transactions and systems used by
Alliance.
- Establish, implement and monitor the Alliance’s finance policies and procedures,
incorporating both accounting policies and internal procedural controls.
- Support the centralized finance processing operation, driving efficiency through
process improvement and standardization.
- Ensure compliance with accounting and tax-related regulations, laws and filing
requirements.
- Ensure annual audits are carried out effectively and efficiently for all branches
ensuring all regulatory requirements are met regarding the company’s financial affairs.
- Assist with the accurate accounting of Alliance’s financial position, including
forecasting, management, and operational aspects of profit share.
- Follow, adapt and oversee the process within the department about payments,
and financial controls.
- Manage relationships and budgets of external service providers including tax, audit,
and banking.
- Preparation of TRA and statutory returns for timely submission.
- Identify risk areas in the department and raising them timely with supervisor for
mitigation.
- Maintaining current accounts payable and accounts receivable.
- Any other duty as may be assigned by supervisor.
Requirements
- Bachelor’s Degree in Accounting/ Commerce/ Finance/ Insurance & Banking/ Business
Administration or related discipline.
- CPA (Tanzania) Qualification (Compulsory)
- Minimum 10 years of experience in a finance role.
- Qualified accountant (preferably a financial accounting-focused qualification eg CPA.
- Experience ideally with an audit practice background
- Experience in managing a finance function in a fast-moving, rapidly growing
environment
- Experience in managing across different cultures, and across multiple
jurisdictions/time zones due to RI relationships.
- Poise and confidence to operate at the board level
- Eye for detail and diligence to ensure the accuracy of systems and processes
- Proven ability to drive efficiency and process reviews across an international
organization
- Commercially astute individual, capable of strategic thinking and with sound judgment
- Excellent analytical, communication, and influencing skills
- Understanding of Tanzania's tax regime is preferred.
- Conversant with financial reporting requirements and ability to prepare reliable &
accurate reports, analyze and interpret
- Basic knowledge of applicable Accounting Standards,
IFRS, Taxation Laws and other applicable laws/regulations.
- Knowledge of data analytics, forecasting methods, MS Office (Excel, Word, PowerPoint
etc.).
- Analytical mind and comfortable with numbers.
- Ability to deliver/ complete assignments timely.
- Good communication and people skills.
- Honest, confident and have high integrity.
- Fluent in English and Swahili.
- Reliable and ethical with a high degree of integrity.
- Able to get on with others and be a team player