Job Title: Senior Accountant

Reports To: CFO  

Department: Finance and Administration 

Location: Dar Es Salaam / Bagamoyo

Key Responsibilities

• Produce annual audited financial statements.
• Design, produce and present accurate monthly management accounts.
• Provide short- and long-term budgetary planning.
• Ensure that financial practices are in compliance with all statutory legislation and regulations and company policy.
• Provide financial advice and support to the business to enable the management team to make sound business decisions.
• Manage treasury including all short and medium cash flow projections.
• Ensure compliance with all loan covenants and reporting requirements.
• Take overall responsibility for the organization of the accounts department that is – structuring, recruiting and managing accounts staff etc. with approval of CEO.
• Provide and present accurate monthly management accounts to the CEO and senior business managers on a monthly basis.
• Provide advice to the senior management of the business on strategy and operational controls.
• Work with Senior management to further update monthly management financial reporting to include:
  • An update of company rolling cash flow forecast for next 12 months
  • An update of company rolling forecast for next 12 months
  • A review of each business unit’s performance year to date against budget
  • A detailed cash flow for the following month
• An update of the business financial KPI’s.
• Liaise with company auditors.
• Manage company bank accounts.
• Provide proper tax planning for the business, liaising with in country auditors where necessary.
• Manage company taxation, liaise with Tanzania Revenue Authority and participate in tax audits.
• Oversee the company asset register and update monthly.
• Audit company expenditure and advice of cost reduction opportunities.
• Action the outcomes of all audits and auditors’ management letters.
• Keep abreast of changes in financial regulations and legislation.
• Implement internal controls to protect the company’s assets and ensure that accurate and timeous data flow to the finance department from the operating activities is achieved.
• Prepare in collaboration with the HR-department the monthly payroll.   

Knowledge, Skills, Qualifications and Experience required for this Role

Skills:

• Sound knowledge of accounting fundamentals from detail transacting to production of Annual Financial Statements.
• Compliance oriented.
• Executive level of managing and maintaining the efficiency and correct operation of the accounting software.
• Ownership of fiscal and regulatory matters.

Job Experience:

• 7 plus years’ experience in a senior position in a Finance and Accounting department.
• Experience in Auditing, Cash flow, Funding management, Budgeting, Internal controls, reporting pack (Finance and Operations) is a must.

Education:

• Bachelor’s degree in Accounting.
• Professional Qualifications such as CPA, ACCA, CIMA or equivalent will be an added advantage.

Competencies required for this Role

• Good communication skills.
• Strong leadership qualities.
• Excellent interpersonal skills.
• Analytical skills.
• Attention to detail.
• Solid unshakable personal value system.

HOW TO APPLY: 

Frostan Ltd is an equal opportunity employer and the position is open to all. Qualified candidates should submit a CV and relevant certificates.  Only candidates with the required experience will be contacted.  Submissions to be sent to: Email: hr@frostan.co.tz: Closing date: 05 November, 2021.