Financial Controller at Shugulika Africa Limited

Vacancy title:
Financial Controller

Jobs at:

Shugulika Africa Limited

Deadline of this Job:
Tuesday, May 02 2023

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

Summary
Date Posted:Tuesday, May 02 2023, Base Salary: Not Disclosed

JOB DETAILS:

Job Description
Our client is looking for a Financial Controller to assist the CFO in performing the functions pertaining to the Finance Department and Corporate Secretariat office to support compliance with relevant statutes governing the company. At the same time, the recruit would be required to assist in the smooth functioning of the department.

Responsibilities:
• Prepare annual financial statements, tax returns, and required regulatory returns as well as oversee the external audit process and effectively manage the Finance team across all the branches.
• Management of accounting systems and external support including month-end close procedures.
• Ensure the integrity of financial data on the chosen IT platforms.
• Ensure compliance with accounting and tax-related regulations, laws, and filing requirements.
• Provide accurate, timely, and comprehensive financial reporting to the management team.
• Influence behavior both within finance and the wider business for continuous improvement, particularly in areas such as, claim payments, expenses payments, RI Payments, cash receipts, commission payments, bank reconciliation & RI reconciliation on monthly basis, and WIP management.
• Oversee all accounting procedures, financial transactions and systems used by the company.
• Establish, implement and monitor the companies’ finance policies and procedures, incorporating both accounting policies and internal procedural controls.
• Support the centralized finance processing operation, driving efficiency through process improvement and standardization.
• Ensure compliance with accounting and tax-related regulations, laws and filing requirements.
• Ensure annual audits are carried out effectively and efficiently for all branches ensuring all regulatory requirements are met regarding the company’s financial affairs.
• Assist with the accurate accounting of the companies’ financial position, including forecasting, management, and operational aspects of profit share.
• Follow, adapt and oversee the process within the department on payments, and financial controls.
• Manage relationships and budgets of external service providers including tax, audit, and banking.
• Preparation of TRA and statutory returns for timely submission.
• Identify risk areas in the department and raising them timely with supervisor for mitigation.
• Maintaining current accounts payable and accounts receivable.
• Any other duty as may be assigned by supervisor.

Requirements
• Bachelor’s Degree in Accounting/ Commerce/ Finance/ Insurance & Banking/ Business Administration or related discipline.
• CPA (Tanzania) Qualification (Compulsory)
• Minimum 10 years of experience in a finance role.
• Qualified accountant (preferably a financial accounting-focused qualification eg CPA.
• Experience ideally with an audit practice background.
• Experience in managing a finance function in a fast-moving, rapidly growing environment.
• Experience in managing across different cultures, and across multiple jurisdictions/time zones due to RI relationships.
• Poise and confidence to operate at the board level.
• Eye for detail and diligence to ensure the accuracy of systems and processes.
• Proven ability to drive efficiency and process reviews across an international organization.
• Commercially astute individual, capable of strategic thinking and with sound judgment.
• Excellent analytical, communication, and influencing skills.
• Understanding of Tanzania’s tax regime is preferred.
• Conversant with financial reporting requirements and ability to prepare reliable & accurate reports, analyze and interpret.

Job Experience:No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

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