The Role
The Finance Manager oversees financial operations, manages accounting functions, produces financial reports, ensures compliance, and supports strategic planning to drive growth.
Summary Generated by Built In
Our client, a well-established organization in the Travel and Tourism Industry, is seeking an experienced and dynamic Finance Manager to lead and oversee its Finance team. This critical role is responsible for managing the company’s day-to-day financial operations, strengthening and developing the finance team, and ensuring accuracy, compliance, and efficiency across all financial processes. The Finance Manager will also play a key role in enhancing vendor relationships, delivering exceptional service to both internal and external stakeholders, and contributing to business growth through strategic financial planning and innovative, revenue-driving initiatives.
Responsibilities:
Responsibilities:
- Manage the company's financial accounting functions including Accounts Payable, Accounts Receivable, Treasury, Payroll, General Accounting, Taxation, and Cost Control.
- Monitor at all times that payments are received timely and liaise with the finance department of respective top customers whenever there are accounting challenges slowing down payment, and if necessary personally follow up including meeting customers.
- Ensure creditor payments are reconciled and paid timely, including negotiating better rates and payment terms.
- Manage the cash flow on a weekly basis to ensure positive cash at all times, and coordinate the same with the Receivables Team and COO.
- Produce accurate financial reports to specific deadlines, including annual budgets, bi-annual forecasts, monthly management accounts, and weekly cashflows.
- Responsible for annual statutory audits, ensuring audited financials are signed off and filed within specific deadlines.
- Act as the key contact person for the Revenue Authorities, ensuring any tax queries and audits are handled with zero exposure to the company.
- Oversee the company's Finance, Procurement, and Administration policies and procedures.
- Handle company legal secretary issues, ensuring annual returns with BRELA are filed on time.
- Ensure company insurances and licenses are updated on time.
- Supervise, train, and ensure staff are motivated to work effectively.
- Interact with other managers to provide consultative support to planning initiatives through financial and management information analysis, reports, and recommendations.
- Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
- Manage HR issues for support staff as the first point of contact.
- Keep abreast of changes in financial regulations and legislation.
- Perform any other tasks assigned by the COO or Directors.
Requirements
- Bachelor's Degree in Finance
- Certified Public Accountant (CPA) or Association of Chartered Certified Accounts (ACCA) completed or finalist an added advantage.
- Work experience of Minimum 7 years in Finance related role and experience in a Managerial role of not less than 3 years.
- Knowledge of Advanced MS Excel, Google Sheets, IT Savvy
- Technical expertise in Tanzania Tax laws.
- Past experience in Travel/ Hospitality sector an added advantage
Skills Required
- Bachelor's Degree in Finance
- Certified Public Accountant (CPA) or Association of Chartered Certified Accounts (ACCA) completed or finalist
- Minimum 7 years in Finance related role
- Experience in a Managerial role of not less than 3 years
- Knowledge of Advanced MS Excel and Google Sheets
- Technical expertise in Tanzania Tax laws
- Past experience in Travel/Hospitality sector
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The Company
What We Do
Shugulika Africa Limited is a quality service provider with over 12 years of industry experience, specializing in recruitment, headhunting, HR consulting, training, payroll services, and other HR services.
