Assistant Accountant - (24000049)

Job Purpose and Key Responsibilities

Job Purpose

The role holder will be responsible for preparing financial accounts in a timely manner.

Key Responsibilities

• Timely processing and payment of commissions to all Intermediaries as per departmental SLA’s
• To supervise cashiers ensuring all receipts and payments are properly posted in correct account codes
• To ensure prompt and accurate receipting of company monies in form of Cash, Cheque or remittance advice for electronic transfers.
• To perform bank reconciliations and ensuring that unreconciled items are followed up timely.
• To ensure that all Cash and Cheques received are banked promptly as per the company policies.
• To review, verify and monitor the petty cash accounting.
• To maintain Fixed Asset Register of the company.
• To ensure correct accounting of investments and investments income and preparation of investments schedules.
• To monitor the general ledger ensuring that all transactions are posted into correct accounts and carry out regular reconciliations and ensure reconciliations statements are prepared and reviewed on monthly basis.
• To assist in preparation of monthly management accounts by ensuring that accrual and prepayment schedules are prepared on timely fashion.
• To make sure that all statutory returns (i.e. VAT, PAYE, SDL and Withholding tax) are accurately filed and paid to the authorities in time
• Filling of corporate tax and payment of installments
• To maintain relevant supporting documents for all transactions (filing). All receipts and payments must be supported by relevant documents.
• To attend to internal and external auditors
• Any other work as assigned by your supervisor

Key Performance Measures

• Timely reports
• TAT for allocation of receipts
• TAT for reconciliation of intermediary balances

Working Relationships

Internal Relationships:

• Accountable to the Financial Accountant
• Tax Authorities
• Suppliers
• Required to liaise and work closely with the other business heads as may be necessary

External Relationships:

• Tax Authorities
• Suppliers
• Company Financial Consultants

Knowledge, Experience and Qualifications Required

• Bachelor of Accounting or its equivalent degree.
• Knowledge of Insurance Regulatory requirements
• 2-4 years’ experience in a similar position
• Knowledge of Britam products

Core Competencies

1. Learning and Researching: Rapidly learns new tasks and commits information to memory quickly; demonstrates an immediate understanding of newly presented information; gathers comprehensive information to support decision making at management level; learns from successes and failures and seeks colleague and customer feedback.
2. Working with People: Shows respect for the views and contributions of other team members; shows empathy; listens, supports and cares for others; consults others and shares information and expertise with them; builds team spirit and reconciles conflict; adapts to the team and fits in well.
3. Applying Expertise and Technology: Applies specialist and technical expertise; uses technology to achieve work objectives; develops job knowledge and expertise (theoretical and practical) through continual professional development; demonstrates an understanding of different organisational departments and functions.
4. Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction; exhibits high standards for quality and quantity; monitors and maintains own quality and productivity; works in a systematic, methodical and orderly way; consistently achieves projects goals core competencies
5. Following Instructions and Procedures: Follows procedures and policies; keeps to schedules; arrives punctually for work and meetings; demonstrates commitment to the organisation; complies with legal obligations and safety requirements of the role.
6. Adhering to Principles and Values: Upholds ethics and values; demonstrates integrity; accepts diversity; display individual responsibility towards the community and the environment; models the organizational values during everyday interactions.

Primary Location: Tanzania, United Republic of-Dar es Salaam-Dar es Salaam

Job Type: Permanent

Shift: Day Job

Contract Type: Full-time

Unposting Date: Ongoing

Number of Openings: 1