Job Summary:

Our client is looking for an Accountant. In this role, you will be responsible for tasks such as recording financial transactions, preparing financial statements, and ensuring compliance with accounting regulations. You will also assist with budgeting, tax preparation, and financial analysis to support informed decision-making.

Job responsibilities:

1. Budgeting and budget controls:

•  Preparing quarterly and annual financial budgets.
  
• Monitoring expenses against approved budgets monthly.
  
• Analyzing fixed costs against budget and reporting variances.
  
•  Preparing costing studies required for services.
  
• Preparing quarterly financial forecasts.
  

2. Statutory compliance, Internal controls, and Taxes:

• Complying with statutory requirements (PAYE, WHT, WCF).
  
• Computing taxes and filing returns including VAT to TRA.
  
• Improving internal controls related to internal procedures.
  
• Supervising payroll and deduction for loans and advances.
  

• Performing random and monthly stock count
  
• Performing stock reconciliations before end of month.
  
• Managing internal movement of consumables and stocks.
  
• Following up on stocks in transit from Nairobi and Dar. 
  
• Making provision of obsolete stocks every month. 
  
• Preparing stock reports as required by management.      
  

• Daily cash balance reporting and stock holding reporting.
  
• Presentation of climate data report (waste and energy).
  
• Presenting monthly financial performance to management.
  
• Presenting monthly cash collection reports from debtors.
  

• Reviewing and approving payment obligations.
  
• Manage fixed assets, treasury, and inter-entity transactions.
  
• Supervising asset and liability schedules and reconciliations.
  
• Preparation of financial statements as per IFRS.
  
• Supervising timely closing of monthly/annual accounts.
  
• Ensuring proper recording of transactions in GL.
  
• Debtors aging (receivables) and bad debt provision.
  
• Reviewing the accuracy of bank reconciliations.
  
• Processing journals and booking accruals and prepaid.
  
• Preparing KPIs for junior accounting staff.
  
• Ensuring the accuracy of financial records.
  

Requirements

• A degree in accounting, finance, or a related field.
  
• At least 3 years of relevant experience in the manufacturing industry.
  
• Proficiency in accounting software (ERPNext, SAP, and Tally).
  
• Strong attention to detail and analytical skills.
  
• Advanced skills in Excel.
  
• Knowledge of Tanzanian laws regulating accounting practices.
  
• Proficiency in MIS (Management Information Systems).