Finance Manager Job Dar es salaam at Empower Group Limited | Deadline: 14th February, 2019

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Jobs in Tanzania 2019: Finance Manager Job Dar es salaam at Empower Group Limited | Deadline: 14th February, 2019
Position: Finance Manager
Type: Full Time
Deadline: 14th February, 2019
Category: Finance
Location: Dar-es-Salaam
Other Categories: Management , IT & Network Administration

Roles and Responsibilities
  1. Reporting
    • Weekly Reportse. Trading forecast, Accounts Payable, Accounts receivable, Sales Orders, Bandwidth Costs, and MRR, Cash balances.
    • Monthly Reportse.Trading results, Statement of affairs, Cash flow Inter-company balance confirmation, Fixed Assets, Monthly sales orders, Accounts Receivables, Accounts Payables, Stock valuation reports.
    • Quarterly/Yearly e. Trading results, Statement of affairs, Cash flow, Expected projection, Bank Reco statement, VAT return reco. Inter- company balance, Accounts Receivables, Accounts Payables, Revenue comparison with Budgets and with previous years.
    • Cash Flow Forecast i. Provide month cash forecast for the next three months.I.e Cash forecast &Trading Forecast
  2. Financial Analysis.
    • Analyze the monthly trading results trend with adequate reasons of any fluctuations.
    • Interpret the company’s financial results to management and recommend improvement activities.
    • Develop relevant ratios from the financial statements and advise on the heath of the business.
    • Analyze the profitability of services offered by the company.
    • Compute and advise on return on investment of various investments done by the company. i.e. POPs, Base stations
    • Analyze the customer connections per building in order to make informed business decisions.
    • Create additional analyses and reports as requested by management
  3. Internal Control and Governance
    • Ensures policies and procedures in regards to all financial operations are adhered to.
    • Ensures appropriate segregation of duties in all finance functions.
    • Preparation for internal audit periodically.
    • Liaising with external auditors for both annual and interim audit between Oct to Dec and Jan to Mar.
    • Have complete audited accounts 30thMarch
  4. Treasury Management
    • Review cash and bank balances on daily basis.
    • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
    • Conducts surprise cash count and tally the same with the cash book.
    • Monitoring and interpreting cash flows and predicting future trends.
    • Maintains banking relationships
    • Making appropriate investment of excess funds.
    • Review all the bank reconciliations on monthly basis.
  5. Procurement Management
    • Ensures competitive pricing has been arrived at before approving the purchase requisition.
    • Ensures that any capex procured is in accordance with the approved budget.
    • Approve LPOs and ensure that the procurement procedure is adhered to.
  6. Receivable ( A.R) Management
    • Ensures that annuity billing is done of 1stof every month.
    • Ensures that first billing is done in accordance with the accounting information and contract.
    • Ensure timely receipting and allocation of debtors to avoid disconnecting customers.
    • Ensure regular debtors circularization in order to maintain accurate balances in the books.
    • Ensures regular debtors reconciliations are done to facilitate faster debt collection.
  7. Payables ( A.R) Management
    • Ensure all the costs and expenses in relation to the business are booked through a system of accrual
    • Approve all the payment vouchers.
    • Ensure all supplier accounts are reconciled.
    • Ensure that suppliers are paid on time.
  8. Inventory Management
    • Ensure stock take is conducted by 30th of every month and agreed to our stock ledger.
    • Ensures bin cards are properly maintained.
    • Ensures that we don’t have stock out at any given time.
    • Ensures we don’t tie cash in stocks and we only have fast moving items.
  9. Fixed Asset Management
    • Ensures fixed asset register is maintained in an orderly manner.
    • Ensures proper tagging of all the company assets.
    • Safeguard company asset by taking appropriate insurance covers.
    • Ensures regular physical verification of all the assets.
    • Approval of Capex in line with approved budgets.
  10. General
    • Staff Supervision & development.
    • Close the books on monthly basis.
    • Continuously review all G/L accounts and ensuring accurate posting is done.
    • Staff Salary processing and posting to the G/L.
    • Daily cost control through approval of all cash payments
    • Under take and negotiate for business insurance i.e General Insurance, Group life and medical insurance.
    • Cost cutting through supplier/contractors negotiation on the most competitive rates.
    • Day to day general administration i.e. Motor vehicle & Office repairs approvals.
    • Any other duty allocated from time to time by my supervisor
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Educational Qualifications
• Bachelor Degree in Accounting , an MBA is preferred

Experience Requirements
• 5+ Years of relevant experience
• Communicates insights through presentations and spreadsheets in a clear and concise manner to key stakeholders
• Strong business acumen: Strong financial, strategic, operational and leadership skills; ability to grasp understanding of business models and key drivers quickly