Assistant Accountant
Britam
Dar es Salaam, Tanzania
Full-Time
20th January 2025
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
- 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.
- 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.
- 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.
- 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
- 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.
- 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