Finance Officer
CVPeople Tanzania | Full time
Iringa, Tanzania | Posted on 11/21/2022
Responsibilities
Investors and Board Reporting
- Provide regular financial inputs to the investor’s guide
- Assess the value of shares on a periodic basis, based on the actual performance and projected future performance.
- To recommend on dividend pay-out decisions
- Prepare and share monthly management accounts with the board
- To maximize the wealth for company shareholders
- Play a key role in company funding. He/she should advise the board on funding requirements and analyze various debt and equity models from a shareholder perspective
Management Reporting
- Responsibility for the quality and timely reporting of the Financial Statement, Statutory and Tax Reporting.
- Each month end closing: quality check and review the full Financial Statement for completeness and accuracy.
- Minimum quarterly review of the full Financial Statement together with CEO
- Facilitate Business Plan process and ensure qualified input and timely reporting
- Prepare and discuss monthly performance with management personnel
- Involve in the development and implementation of the company’s financial strategies
Bank Relations
- To handle financial negotiations with banks and financial institutions
- To manage company credit arrangements
- To assess the proper mix between equity and debt financing
Budgeting and controls
- Involved in the preparation of the monthly and annual budget in line with the company strategy
- To establish systems to assess monthly performance against the budget
- To establish and assess the financial KPI’s of the company
- To offer guidance on cost reduction, revenue enhancement, and profit maximization
Knowledge and Experience
- University degree within finance, accounting and/or auditing or comparable education
- Chartered Accountant (CPA, ACCA, or any similar institution)
- Working Knowledge of ERP systems (QuickBooks)
- Board and shareholder’s reporting experience
- \ Budgeting experience
- IFRS and local GAAP/tax competence
- At least 5 years of demonstrated financial management experience
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