Jobs at ASA Microfinance (Tanzania) Limited

By | February 10, 2020

A Company for Poverty Alleviation
ASA Microfinance (Tanzania) Limited, incorporated under the Companies Act 2002 (No. 93819) of
Tanzania and an affiliate of ASA International (www.asa-international.com), one of the largest
microfinance companies in the world. We are hereby inviting qualified citizens of Tanzania to be part
of our team for the following positions. ASA Tanzania is an equal opportunity employer who requires
dynamic, loyal and committed young men and women who have passion for people’s socioeconomic development to fill in the following positions for immediate appointment.

Position: Chief Finance Officer (CFO)-01 Post
Job Responsibilities:
• Oversee the monthly, quarterly and annual financial statement preparation and analysis and
ensure the financial statements are prepared in compliance with generally accepted
accounting principles and company policies.
• Provide advice and counsel to direct reports, senior managers and others relating to broad
scope of responsibilities noted above. Provides financial analysis to a wide range of
assignments, often under tight deadlines, to support numerous business processes and
initiatives.
• Ensure the company-wide implementation of superior accounting, financial reporting and
financial processes and internal controls. This includes developing appropriate processes,
procedures and tools to ensure that deficiencies are identified and corrected in a timely
fashion.
• Evaluate on an ongoing basis the accounting system, so that it reflects an accurate
assessment of the operating revenues and expenses of the organization.
• Ensure compliance with all Federal / Government regulations, including taxation.
• Evaluate on an ongoing basis the purchasing system in coordination with department heads
so that acceptable controls, approvals and time frames are responsive to the requirements
of the organization and generally accepted accounting principles.
• Serve as a key member of the senior leadership team providing leadership and input to
management peers regarding the financial implications of all major business decisions.
• Manages annual operating and capital budget process, through review with senior
management and Board. Assists with the annual business planning process.
• Directs insurance portfolio for all property and casualty insurance, workers compensation,
employee health and welfare benefit programs, player disability and contract guarantee
insurance, etc.
• Manage relationships with bankers, auditors and league officials, as appropriate.
• Responsible for cash management system, including daily cash management and cash
forecasting.
• Other duties as assigned.

Academic Qualification & Experience Requirements:
• Minimum bachelor’s degree in accounting, Finance or related subjects.
• Certified Public Accountant (CPA) is a MUST.
• MSc/MBA is a plus.
• Minimum 7 years professional experiences as CFO or relevant role is a MUST.
• Preferably Experience in working with NGOs/Financial Institutions/Banks/Consultancy firm.
• In depth knowledge of corporate financial law and risk management practices.
• Excellent knowledge of data analysis and forecasting methods.
• Proficient in the use of MS Office and financial management software (e.g. SAP).
• Ability to strategize and solve problems.
• Strong leadership and organizational skills.
• An analytical mind, comfortable with numbers.


Position: Assistant Chief Finance Officer (ACFO)-01 Post
Job Responsibilities:
• Ensures that ASA Microfinance meets regulatory and compliance needs.
• Provides direction, leadership, and educational needs to line managers.
• Provides financial expertise in the planning of new services and the expansion of existing
services promoting revenue growth.
• Participating in ASA Microfinance monthly operation reviews as well as participating in
corporate office and Operation meetings as deemed necessary
• Assumes a lead role in analyzing and exploring means of reducing costs including
participation in performance improvement activities and committees.
• Participates in the oversight of the functions of the Accounting Department to ensure
completion of work in specified time frames according to departmental, division or
corporate policies.
• Select, train and evaluate performance of Accounting personnel to ensure quality of service
and technical expertise.
• Oversight of nonfinancial department(s).
• Responsible for the completion of Financial Reporting documents on a weekly, monthly,
quarterly and annual basis such as financial operating and volume trending reports.
• Reviews and coordinates weekly and monthly financial projections and forecasting.
• Performs net revenue analysis including the review of the standard monthly accrual (SMA).
• Reviews and coordinates tax work-papers and filing requirements.
• Reviews and provides input on recommended capital expenditures.
• Coordinates the completion of the annual budget and tracks the progress on a periodic
basis.
• Coordinates internal and external audits.
• Ensures the internal controls are sound and internal controls documentation is completed.
• Maintains accuracy of the balance sheet; completion of monthly Balance Sheet Review
Guide and Financial Attestation.
• Other duties as assigned.

Academic Qualification & Experience Requirements:
• Minimum bachelor’s degree in accounting, Finance or related subjects.
• Certified Public Accountant (CPA) is a MUST.
• MSc/MBA is a plus.
• Minimum 5 years professional experiences as ACFO or relevant role is a MUST.
• Preferably Experience in working with NGOs/Financial Institutions/Banks/Consultancy firm.
• In depth knowledge of corporate financial law and risk management practices.
• Excellent knowledge of data analysis and forecasting methods.
• Proficient in the use of MS Office and financial management software (e.g. SAP).
• Ability to strategize and solve problems.
• Strong leadership and organizational skills.
• An analytical mind, comfortable with numbers.


Position: Company Secretary-01 Post
Job Responsibilities:
• Organizing, preparing agendas for, and taking minutes of board meetings and annual general
meetings (AGMs).
• Dealing with correspondence, collating information and writing reports, ensuring decisions
made are communicated to the relevant company stakeholders.
• Contributing to meeting discussions, as and when required, and advising management of
legal, governance, accounting and tax implications of proposed policies.
• Monitoring changes in relevant legislation and the regulatory environment, and taking
appropriate action.
• Liaising with external regulators and advisers, such as lawyers and auditors.
• Taking responsibility for the health and safety of employees and managing insurance and
property issues.
• Developing and overseeing the systems that ensure the company complies with all
applicable codes, as well as its legal and statutory requirements.
• Accomplish day to day activities regularly and on time.

Academic Qualification & Experience Requirements:
• Must possess a Law degree with professional experience.
• Post Graduate Diploma in Legal practice will be an added advantage.
• Strong communication skills, written and oral, through all levels of the company.
• Ability to make sound judgments calls independently when presented with difficult
decisions,
• Be fluent in English.
• Be able to work independently and proactively, but also as part of a motivated team.
• Well conversant with Ms Office Package.


Position: Microfinance Operations Manager (MOM)
Job Responsibilities:
• Coach, mentor and supervise core business persons and ensure that they are adequately
trained and operate at a high standard of timeliness and technical competence.
• Oversee Branch functioning with respect to operations, business development, systems and
processes.
• Responsible for procurement and other logistics.
• Organize, coordinate and control the activity of the company.
• Participation in the development of the operating budget.
• Provide reports on operations as requested by the CEO and the board of directors.
• Responsible for effectiveness and efficiency of the branches, team development, team
morale and implementation of microfinance code of conduct at the various levels in
operations.
• Consult Technical managers for necessary advice on operations, reports, monitoring and
evaluation, training other related matters to ensure compliance with internal and external
controls.

Academic Qualification & Experience Requirements:
• Minimum Graduate Degree in any Field.
• Master’s degree is an Added Advantage.
• 7+ years in banking or microfinance sector.
• Have to be ready to move everywhere in Tanzania.
• To be a force of proposition for the company.
• Familiarity with relevant insurance agencies, products, and policies.
• Well conversant with Ms Office Package, Excel

Mode of Application
Applicants, who consider himself/herself competent with the above-mentioned position, please
send your application to recruitment@asatanzania.com before 1700HRS on 14th February 2020. Only short-listed candidate will be contacted for interview. No phone calls are allowed for inquiry.
No allowances will be admissible for interview.