Finance Manager Duma Works Dar es Salaam
Full-Time
20th April 2018
864

Job Summary
Duma Works is recruiting a Finance Manager for Husk in Dar es Salaam. Husk is one of the world’s leading rural utilities.

Qualification Level: Bachelor
Experience Level: Senior level
Experience Length: 4 years
Job Description
Position Objective

Finance manager will be accountable for the accounting operations of the company, maintenance of an adequate system of business performance and accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.

  • Maintain a documented system of accounting policies and procedures
  • Possess an excellent knowledge of accounting software and ERP system and can implement one at Husk
  • Produce time monthly and quarterly reporting of business financial performance
  • Manage the operations of the accounting department, including recruitment and training of Accounts Receivable and Accounts Payable personnel
  • Be a very hands-on manager with abilities to build a financial model and train others to do so
  • Develop and maintain appropriate internal controls and financial procedures
  • Interact with Husk team in India, remain up to date on best practices for audits, financial reporting, tax matters, relevant laws, and practice
  • Interact with the CFO time to time

Responsibilities IT

  • Implement and maintain the Finance and Business Performance systems (ERP) needed to effectively control the Company
  • Manage a continuous improvement process to get to best value systems for the business

Budgeting and reporting

  • Generate a timely and accurate monthly and quarterly reports
  • Run a monthly comparison of actuals vs budget and report to senior management of variations from the budget and the reasons behind those variances
  • Develop annual budget and link budgets with company quarterly objectives
  • Develop key financial drivers and KPIs across the business and report insights
  • Build risk management framework as the company expands swiftly
  • Coordinate with Husk team in other countries to deliver on a rolled up Corporate Financial reports

Transaction processing

  • Manage the accounts receivable and accounts payable processes in a manner that enables Husk to achieve a positive working capital process
  • Negotiate payable terms with the suppliers to ensure that Husk secures at least a 45-days credit
  • Ensure all A/R are collected within 30 days and all the expenses are reconciled timely
  • Process the payroll in a timely and consistent manner
  • Conduct a daily closing of books with the banks and ensure that cash is matched at the end of the day and every day.

Overall Compliance, Tax Planning and Financial Reporting

  • Prepare financial reports that follow IFRS accounting principles
  • Coordinate tax filing and reporting processes at local, state and federal levels
  • Work with internal and external auditors to get financial audit completed in a timely fashion.

Contract negotiations and management

  • Lead negotiations on long-term contracts and agreements with key partners
  • Liaison with government agencies to secure concessions/exclusivity for Husk operations
  • Improve strategic relationships with suppliers to enhance contract lifecycle management.

Education

  • Bachelor’s degree is required; a relevant advanced degree is strongly preferred
  • Certified Public Accountant or equivalent international degree in accounting
  • MBA preferred

Relevant Experience in years

  • 5+ years of total experience in handling responsibilities across finance functions
  • Experience in financial controls, accounting, and compliance, full accountability preferred
  • 3+ of experience in the Accounts Receivable and/or Accounts Payable function is strongly preferred
  • Experience in generating and managing financial reports is preferred
  • Experience working with external audit firms for completing company’s audit
  • Experience in utility sector, telecom or oil and gas sector preferred

Location and Travel

  • This role is based in Dar es Salaam
  • Eagerness to around Tanzania at Husk operating sites (anticipated 6-8 trips per year).

What are we looking for?

This leader will care deeply about solving the problems of access to energy for rural poor. This person will bring more than passion to the role: s/he will have the grit and resilience to do this work.S/he is a thoughtful and a change agent who understands organizational dynamics. S/he will be energized by the intellectual curiosity of their peers and have the humility to recognize all there is to learn from them.

  • Must be a resident of Tanzania
  • Commitment – You are willing to apply yourself to achieve a goal and to work for a cause. You do not hesitate to go the extra mile for delighting stakeholders
  • Initiative – You are self-starter and very hands-on with a desire to excel
  • Perspective – You understand the big picture. You know how to shift perspective from the details of the task at hand to the impact on the organization as a whole
  • Intuition about people. You are able to build and develop a high performing team; you need to bring together the right people that can play off each other, support each other, push each other and thrive
  • Stamina – You have the stamina to withstand the pressures of the job and the resilience to bounce back from setbacks
  • An open attitude toward change – You are not set in your ways. You are a good listener and you use input and feedback to continually improve
  • Lean Operations – excited about being hands-on and utilize limited resources to achieve unprecedented result

Apply

To apply online click here or send your Cover Letter and detailed CV to apply@jobs.dumaworks.com marking the subject as “3306”, Your Full name & Phone number e.g. 3306 Barack Obama, +2547xxxxxxxx. If you don’t follow these instructions, your application will not go through.

Deadline for receiving applications: Friday, 20th April 2018

N.B.

* You will receive a confirmation email and an alert to take a basic screening test over SMS or online. The email with the test may not arrive immediately. Please be patient. The email/SMS test will typically be 5-8 questions to help us understand your background. Regular SMS rates apply to the test.

If you apply and don’t meet these minimum qualifications, we will not be able to move forward with your application.

Application

Sorry, this job no longer accepts new applications.