Purpose of the position:
Responsible for the overall financial management and day-to-day bookkeeping of the company.
Key Result Areas and accountabilities:
1. Financial strategy- responsible for reviewing company financial strategy and making recommendation to the management where appropriate
2. Financial accounting-responsible for producing and analyzing year-end financial accounts. Liaising with company auditors, production of statutory accounts and lodgment of the company’s taxation return
3. Management accounting-responsible for producing management accounts reports and ad-hoc reports as required
4. Accounting system-responsible for reviewing, updating and implementing existing internal accounting systems and introducing new system and controls where appropriate
5. Expenditure control-responsible for monitoring all company expenditure and where appropriate making recommendations to individuals and teams responsible for budgets
6. General ledger- responsible for maintaining the GL, setting up new accounts and cost centers when required, ensuring reconciliations of control accounts, ensuring correct allocation of expenditure to cost centers
7. Banking- responsible for managing of all company bank accounts, ensuring adequate funds are available to meet expenditure requirements
8. Payroll- responsible for generating monthly payroll runc(including the relevant PAYE, pension deductions) of all employees
9. Ensures that proper books of accounts are maintained to satisfy legal and internal requirements
10. Provides timely and accurate financial and accounting information to management
11. Prepares year end accounts and ensures that the year and audit exercise progresses smoothly
12. Prepares and submits various statutory returns
13. Preparation and compilation of company budgets
14. Supervision of subordinate staff including staff training and development, appraisals and welfare in accordance with company procedures;
15. Cash management including cash flow management and allocation of funds in accordance to the various competing priorities
16. Ensure premiums received are correctly allocated to policies and action taken on the issue arising there from resolution of the suspense and data issues
• At least 3 years accountancy experience within a financial management role in banking or insurance
• Experience in management accounts and end year financial accounts
• Extensive experience and thorough working knowledge of computerized accounting system and spreadsheets
• Good verbal and written presentation skills
• Ability to work independently and on own initiative within a team environment
• Ability to work under pressure whilst maintaining attention to details
Qualifications & Professional registration:
Essential:
• A Bachelor Degree in Accounting
• A recognized accountancy qualification CPA(T)
• Preferred: Broad commercial awareness especially in Insurance industry
Years of experience required to perform this role
• At least 3+ years in a function where the candidate was independently responsible for the delivery of desired results
Applicants who consider himself/herself competent with the above mentioned position with more than four years experience in insurance industry, please send the soft copy of your CV along with application and contact details to the
HR Business Partner,
Metropolitan (Tanzania) Limited,
P.O.Box 77016,
Dar es salaam.
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