Assistant Financial Manager job at Shugulika Africa Limited

Vacancy title:
Assistant Financial Manager

Jobs at:

Shugulika Africa Limited

Deadline of this Job:
13 January 2023

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Date Posted: Wednesday, January 04, 2023 , Base Salary: Not Disclosed

Assistant Financial Manager
Job Summary

Our Client, a Hospitality Company is looking for a qualified candidate with excellent administrative and analytical financial skills to join the team. He/she is expected to examine and compile financial reports and be well acquainted with governmental regulations.
To ensure success, Assistant Financial Manager should be very detail-oriented and be problem-solvers. He/she must also have strong mathematical and report writing skills.

• Review and approval of lodge payment obligations (creditors)
• Review the accuracy and completeness of lodge bank reconciliations.
• Process monthly journals.
• Ensuring business expenditure is properly authorized and allocated
• Demonstrate and lead with an independent mind that is capable of questioning the need/requirement for proposed business expenditure and/or to consider that the determined value is reasonable, fair and within acceptable market ranges
• Ensuring the timely and accurate recording of transactions, whether on the Panstrat system or within manual systems such that transactions are recorded on a day to day basis.
• Interpretation and analysis of management accounts.
• Collation and resolution of general ledger queries.
• Assist the Regional Financial Manager with the external Audit and field queries with the audit team.
• Support the Regional Finance Manager with the full financial reporting function for all lodge business units.
• Monthly management account reporting for regional business units and variance analysis.
• In conjunction with the Regional Finance Manager co-ordinate regional annual budgeting and quarterly forecasting.
• Maintain commercial focus through performance of & review of detailed budgets, forecasts and input into management decisions.
• Perform and maintain assigned balance sheet reconciliations on a monthly basis.
• Investigate and report variances and implement controls to reduce variances where relevant.
• Support the maintenance of the fixed asset register across all business units
• Lead and support a primary team of seven lodge accounting officers (including all lodge operations in East Africa) and a secondary team of assistant accounting officers and a team of stores personnel.
• Perform lodge financial audits and ensure best operating practices are maintained.
• Plan, direct and coordinate the responsibilities of direct and indirect reports to ensure they are performing in line with expectations.
• Develop (and continually improve upon) a comprehensive lodge audit program covering all financial related responsibilities of Accounting Officers and lodge management.
• Plan and execute bi-monthly (twice a month) financial audits.
• Develop and adapt best operating practices and implement improvements.
• Investigate and report variances and implement controls to reduce variances where relevant.
• Establish and maintain relationships with internal customers and provide assistance when problems may be encountered.
• Determine how support to lodge teams where an Accounting Officer is on leave.
• Perform the duties of an Accounting Officer (Lodge) on a short term basis in the event that a resource is needed to bridge a gap.
• Initiate disciplinary hearings
• 3 Years finance degree or relevant qualification (preference will be given to candidates with a CPA)
• 5+years experience with a well respected audit firm.
• 5+ years’ experience in financial management.
• Microsoft Office Computer literate – Excel basics are essential
• PanStrat experience preferable
• Fluent in English (oral and written)
• Analysis and problem solving
• Critical thinking – always maintain a high level of professional scepticism
• Highly numerate and accurate, with an eye for detail on numbers and analysis of financial results
• Independent and confident to ask and/or question costs or decision
• Attention to detail
• Teamwork / collaboration
• Ability to work under pressure
• Good communication skills
• Patience a must
• Result orientated and deadline driven
• Hands-on, self-driven and motivated
• Organised and results oriented
• Excellent problem solving skills
• Highly ethical and integrous with the ability to be principled when necessary


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