Job Overview
Finance Officer
CVPeople Tanzania | Full time
Iringa, Tanzania | Posted on 11/21/2022
Responsibilities
Investors and Board Reporting
Provide regular financial inputs to the investor’s guide
Assess the value of shares on a periodic basis, based on the actual performance and projected future performance.
To recommend on dividend pay-out decisions
Prepare and share monthly management accounts with the board
To maximize the wealth for company shareholders
Play a key role in company funding. He/she should advise the board on funding requirements and analyze various debt and equity models from a shareholder perspective
Management Reporting
Responsibility for the quality and timely reporting of the Financial Statement, Statutory and Tax Reporting.
Each month end closing: quality check and review the full Financial Statement for completeness and accuracy.
Minimum quarterly review of the full Financial Statement together with CEO
Facilitate Business Plan process and ensure qualified input and timely reporting
Prepare and discuss monthly performance with management personnel
Involve in the development and implementation of the company’s financial strategies
Bank Relations
To handle financial negotiations with banks and financial institutions
To manage company credit arrangements
To assess the proper mix between equity and debt financing
Budgeting and controls
Involved in the preparation of the monthly and annual budget in line with the company strategy
To establish systems to assess monthly performance against the budget
To establish and assess the financial KPI’s of the company
To offer guidance on cost reduction, revenue enhancement, and profit maximization
Knowledge and Experience
University degree within finance, accounting and/or auditing or comparable education
Chartered Accountant (CPA, ACCA, or any similar institution)
Working Knowledge of ERP systems (QuickBooks)
Board and shareholder’s reporting experience
Budgeting experience
IFRS and local GAAP/tax competence
At least 5 years of demonstrated financial management experience
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