Job Overview
Management Accountant
VisionFund Tanzania Microfinance Bank Ltd
Arusha
Job Description
VISIONFUND TANZANIA MICROFINANCE BANK LTD
VACANCIES
VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of more than TZs. 28 billion and more than 30,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;
Work reference no. 001/2023
Position: Management Accountant
Reporting to: Finance and Treasury Manager
Responsibility:
Preparation of Financial & Reconciliations and other reports for Internal and External Stakeholders including Management, Regulators and the Group
Analyses and Interprets financial information that helps to make business decisions to improves efficiencies Main tasks
Ensure compliance with the reporting requirements as per VFT MFB Policy and relevant regulations particularly the Central Bank reports
Prepares various reports for Management, VFI, Regulators and other stakeholders in accordance with the requirements and specified frequencies.
Analyses and Interprets reports to provide insights and recommendations regarding financial performance and compliance to various set limits
Monitor Covenants and Prepare Grant and similar reports for Donors and Lenders.
Provide input in the preparation of budget
Advise Finance Officers (payment) on budgetary control
Monitoring all costs to ensure that they are rational and advise payment officer on the relevant checks
Provides insight on various costs patterns and recommend ways to make savings (e.g. considerations on switching service providers and suppliers e.t.c)
Conducts various reconciliations of all key components of the Financial Reports (Internal Accounts) to ensure accuracy on month and year end/ closure process
Monitoring Suspense accounts to ensure all movements are correct and justifiable and also items are cleared in good time
Review and capturing of presented Loan write offs
Maintaining Head Office Accounts and Subsidiary ledgers for all assets and liabilities
Education/Experience
Certified Public Accountant (CPA-T) or Similar qualifications Bachelor in Accounting or similar qualification
Must have a clear understanding of Microfinance industry or banking and technology
Very good knowledge and comfort dealing with financial information
Very good analytical & reporting skills
Meet local regulatory requirements
3 years’ experience in Banking or Microfinance operations
Special / Personal Abilities
Excellent character and unquestionable integrity Ability to do exact and detailed analysis for all loan applications Good negotiation skills and highly determined to accomplish tasks Good Oral and written communication skills
Must be a self-starter, highly motivated, organized,and detail-oriented Model and demonstrates effective Christian leadership
Mode of Application:
Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to; vftHRstaff@vftz.co.tz
The position should be the subject of the email application.
OR; through the postal address below:
The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited,
P.O. Box 1546,
Arusha, TANZANIA.
The application should reach the undersigned not later than 20th January 2023.
