Accounts Executive

Job Summary

A technology integration company is seeking a highly competent and detail-oriented Accounts Executive to manage financial operations, ensure statutory compliance bank reconciliation and support project cost control. The ideal candidate will have strong hands-on experience with Vision Accounting Package, excellent analytical skills and the ability to work independently in a fast-paced environment.

Key Responsibilities

• Maintain accurate and up-to-date financial records in the Vision Accounting system.
  
• Prepare monthly, quarterly, and annual financial statement
  
• Perform bank, supplier, and general ledger reconciliation
  
• Monitor cash flow and ensure proper fund management
  
• Ensure timely preparation and submission of all statutory returns (TRA, VAT, PAYE, SDL, WHT, etc.)
  
• Liaise with regulatory authorities and auditors when required
  
• Stay updated on Tanzanian tax laws and ensure compliance
  
• Process payroll accurately and on time, including statutory deductions
  
• Ensure compliance with labor laws and internal policies
  
• Maintain employee payroll records and confidentiality
  
• Assist in preparation of annual budgets and periodic forecasts
  
• Monitor actual performance against budgets and provide variance analysis
  
• Support management in financial planning and decision-making
  
• Track and manage project costs, ensuring proper allocation and control
  
• Analyze project profitability and provide cost-saving recommendations
  
• Work closely with operations teams on project financial performance
  
• Handle foreign currency transactions and monitor exchange rate impacts
  
• Ensure accurate forex accounting and reporting
  
• Support internal and external audits
  
• Ensure adherence to internal controls and financial policies
  
• Identify areas for process improvement and implement best practices
  
• Perform daily, weekly, and monthly bank reconciliations.
  
• Match bank statements with accounting records.
  
• Investigate and resolve discrepancies between bank balances and ledger balances.
  
• Track outstanding deposits, cheques, and transfers.
  
• Verify payments, receipts, and transfers recorded in the accounting system.
  
• Ensure all bank transactions are properly posted.
  
• Monitor unidentified deposits and follow up for allocation.
  
• Identify reconciliation differences and prepare adjustment entries.
  
• Follow up with banks and internal departments on unresolved issues.
  
• Maintain reconciliation schedules and supporting documentation.
  
• Prepare bank reconciliation reports for management review.
  
• Provide status reports on unreconciled items.
  
• Assist in month-end and year-end closing processes.
  
• Ensure compliance with internal financial policies.
  
• Maintain proper audit trails for reconciliation activities.
  
• Support internal and external audits by providing required documentation.
  
• Recommend improvements to reconciliation processes.
  
• Assist in automation of reconciliation procedures where possible.
  
• Ensure timely resolution of reconciling items.
  

• Bachelor’s degree in Accounting, Finance, or related field
  
• Professional certification (CPA, ACCA, or equivalent) is an added advantage
  
• Minimum of 7 years’ experience in accounting or finance roles
  
• Experience with ERP and Proficiency in Vision or other Accounting Package is mandatory.
  
• Should also be proficient with Zoho systems, MS Office and CRM.
  
• Strong knowledge of Tanzanian tax and statutory requirements (TRA compliance)
  
• Advanced skills in Microsoft Excel and financial reporting
  
• Strong analytical and problem-solving skillsHigh level of integrity and strong attention to detail
  
• Ability to work independently with minimal supervision
  
• Fast learner with adaptability to changing business needs
  
• Excellent organizational and time management skills
  
• Strong communication and interpersonal abilities