Thursday 28 April 2022

New Job Vacancy at The Private Agricultural Sector Support (PASS) Trust - Finance Manager

  AjiraLeo Tanzania       Thursday 28 April 2022
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AJIRA LEO TANZANIA
PASS
Jobs in Tanzania 2022: New Jobs Vacancies at The Private Agricultural Sector Support Trust (PASS), 2022
PASS LEASING COMPANY LIMITED
1. About PASS Leasing Company Limited
The Private Agricultural Sector Support (PASS) Trust was established as the project in year 2000 in order to stimulate investments and growth in private sector commercial agriculture and related sector through access to finance in Tanzania. It was registered in 2007 as an autonomous non-profit organization under the Trustees’ Incorporation Act of Tanzania. PASS was founded by Government of Denmark and Government of the United Republic of Tanzania.

With a view to further promote the financing and growth of the agricultural sector, PASS Trust has established a wholly owned company known as the PASS Leasing Company Limited. This new Company has been granted a provisional/temporary license by the Bank of Tanzania (BOT).
The mission of PASS Leasing Company is to support agricultural producers to reach their productive potential through offering competitively priced lease financing without imposing traditional collateral requirements on customers. The Company aims to demonstrate that there is a huge market potential in asset-based financing in order to encourage further investment in agriculture by other leasing and financial service providers in the market.

PASS Leasing Company is hereby inviting applications below from suitably qualified and experienced, dynamic and motivated Tanzanian citizens to immediately fill vacant positions currently existing in the leasing company.
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Finance Manager
PASS LEASING COMPANY LTD. FINANCE MANAGER

Job Overview
PASS Leasing Company is hereby inviting applications from suitably qualified and experienced, dynamic and motivated Tanzanian citizens to immediately fill vacant Finance Manager position. Reporting to: Managing Director

Primary Duties and Responsibilities
The Finance Manager will perform financial management and accounting duties, as well as overseeing the finance and accounting team. He/She will be in charge of developing strategies for development of the company’s financial health and producing financial reports as per the company financial policies and regulations manual. He/She will be guiding the Managing Director in making sound business decisions in the long, medium and short terms.
As a finance manager you will be responsible for managing the annual budgets approved by the Board and ensure compliance with financial regulations as per BOT guidelines and other financial bodies requirements.
The duties include financial planning, reviewing financial documents to ensure compliance and collaboration with other departments to achieve the company’s goals.
On Accounting, you will be in-charge of accounting activities – both, financial and management accounting. You will be responsible for preparing financial and performance reports, assisting departments with annual budgets and reviews, as well as internal control duties. Specific Duties
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On Financial Management functions:
Your Specific duties as a Finance Manager will include:

  • Monitor day-to-day financial operations of the company
  • Perform financial management duties including generating financial data, compiling, and submitting reports, analyzing industry trends and assessing the financial health of the company.
  • Oversee the operations and development of the company’s finance department including creating and reviewing policies, budgeting, recruiting, training and conducting regular assessments of financial procedures.
  • Supervise the preparation of quarterly and annual account reconciliations, monitor and enforce compliance with tax and financial reporting standards and assist with cash flow forecasting.
  • Advise colleagues and the Managing Director on decisions related to the company’s finances.
  • Supervise documentation of the company’s financial status and forecasts.
  • Mediate between the organization, employees, stakeholders, shareholders and investors on financial issues for amicable resolution of
  • Create strategic business plans based on the analysis of the company’s status and financial forecasts.
  • Track the company’s financial status and performance to identify areas for potential improvement
  • Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
  • Present financial reports to board members, stakeholders, executives, and clients in formal meetings
  • Establish and maintain financial policies and procedures for the company
  • Ensure Financial Returns and reports are submitted to relevant institutions as per country’s laws and regulations

On accounting, you will:

  • Manage and oversee the entire accounting team.
  • Conduct all necessary training to keep the team’s skills and knowledge up to date
  • Work collaboratively with other teams to achieve shared goals.
  • Coordinate the team to complete assigned accounting tasks within deadlines.
  • Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
  • Generate financial reports and statements to Managers for review.
  • Analyze financial discrepancies and recommend effective resolutions.
  • Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
  • Assist in budget preparation and expense management activities for assigned accounts.
  • Monitor and record financial transactions according to company policies and regulations.
  • Review and recommend changes to existing accounting procedures.
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Requirements and Qualifications
  • Bachelor’s degree in commerce/business administration or any other relevant field
  • Must possess a Certified Public Accountant (CPA) license in good standing
  • Minimum 3 years’ experience in management
  • Minimum 7 years’ experience as a Qualified accountant, registered by NBAA, ACCA or other relevant accountancy association,
  • Experience in Working with a Financial leasing company or Financial Institution will be an added advantage.
  • Leadership skills and experience,
  • Computer skills, including Microsoft Office and databases
  • Consistent, accurate, and thorough with an eye for details
  • Outstanding communication skills, written and verbal
  • Outstanding phone and email etiquette
  • Able to thrive in a deadline-driven environment
  • Able to motivate the team and lead by example
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How to Apply

PASS Leasing Company is an equal opportunity employer, and the position is open to all qualified candidates. Eligible candidates should submit a cover letter, detailed CV with at least three referees and copies of academic certificates before 30th April, 2022, through https://pass.or.tz/vacancies. Only shortlisted candidates will be contacted.
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