Senior Finance Officer

Posted 5 Days Ago
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Dar es Salaam, Kinondoni, Dar es Salaam, TZA
In-Office
Senior level
HR Tech • Professional Services • Consulting
The Role
The Senior Finance Officer manages financial operations, oversees budgeting and forecasting, implements procurement strategies, conducts financial reporting and audits, mitigates risk, leads the finance team, and engages stakeholders to support company objectives.
Summary Generated by Built In
Main responsibilities:

1.Financial Management:
● Oversee all financial operations, including accounting, budgeting, forecasting, and reporting.
● Develop and implement financial strategies to support the company’s goals and objectives.
● Monitor financial performance and provide regular reports to senior leadership.
● Ensure compliance with financial regulations and standards.

2.Budgeting and Forecasting:
● Lead the annual budgeting process and provide ongoing financial forecasting.
● Analyze financial data to identify trends, risks, and opportunities.
● Develop and implement strategies to improve financial performance.

3.Procurement Management:
● Develop and implement procurement strategies to ensure cost-effective purchasing of goods and services.
● Oversee the procurement process, including vendor selection, negotiation, and contract management.
● Monitor supplier performance and ensure compliance with procurement policies.

4.Financial Reporting and Analysis:
● Prepare and present financial reports to senior leadership and stakeholders.
● Conduct financial analysis to support decision-making and strategic planning.
● Ensure accuracy and integrity of financial data and reporting.

5.Financial Auditing:
● Manage the planning and execution of internal and external financial audits.
● Ensure all financial statements and reports comply with relevant accounting standards and regulatory requirements.
● Review, assess, and improve internal control systems to ensure accurate financial reporting.
● Oversee the preparation and accuracy of financial statements, ensuring they are audit-ready.
● Address audit findings and ensure that corrective actions are taken promptly.

6.Risk Management:
● Identify and manage financial risks, including credit, liquidity, and market risks.
● Develop and implement risk management strategies and policies.
● Ensure the company has robust internal controls and audit processes.

7.Team Leadership:
● Lead, mentor, and develop the finance and procurement team.
● Foster a collaborative and high-performance work environment.
● Provide training and development opportunities to enhance team skills and capabilities.

8.Stakeholder Engagement:
● Build and maintain relationships with key stakeholders, including investors, auditors, and vendors.
● Represent the company in financial and procurement negotiations.
● Communicate financial and procurement strategies and results to stakeholders.

Requirements
Education:
  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
Language:
  • English proficiency, both written and spoken.
Work experience:
  • Minimum of 5 to 10 years of experience in finance and procurement, with at least 3 years in a leadership role. Proven track record of managing financial operations and procurement strategies.
Other experiences:
  • Have experience of at least two years in a fast-moving business, especially Construction, Logistics, hardware, and building materials industry


Skills Required

  • Bachelor's degree in Finance, Accounting, Business Administration, or related field
  • Minimum of 5 to 10 years of experience in finance and procurement
  • At least 3 years in a leadership role
  • Experience in a fast-moving business, especially in Construction, Logistics, hardware, and building materials industry
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The Company
6 Employees
Year Founded: 2023

What We Do

Ubuntu Impact Limited is a Human Capital Consulting Firm committed to delivering reliable solutions that drive positive change and foster substantial growth for organizations and people.

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