SENIOR FINANCE OFFICER

Posted 3 Hours Ago
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Dar es Salaam, Kinondoni, Dar es Salaam, TZA
In-Office
Senior level
HR Tech • Professional Services • Consulting
The Role
Oversee financial operations including accounting, reporting, compliance, risk management, and inventory control, while leading a team and supporting strategic financial decision-making.
Summary Generated by Built In
Key Responsibilities
Financial Management & Accounting

      Oversee daily accounting operations including accounts payable, accounts receivable, bank reconciliations, payroll, and general ledger management.

      Ensure accurate and timely preparation of monthly, quarterly, and annual financial reports.

      Maintain proper accounting records and ensure compliance with accounting standards and company policies.

      Supervise all financial transactions and ensure proper documentation and filing systems.

      Monitor cash flow, liquidity, and working capital management.

      Prepare and manage company budgets, forecasts, and financial projections.

      Coordinate external audits and liaise with auditors, banks, and regulatory authorities.

      Support on funding and financial strategy

Financial Reporting & Analysis

      Prepare management reports and provide financial insights to support strategic decision-making.

      Conduct financial analysis on company performance, operational costs, profitability, and investments.

      Develop financial models and forecasts to support business growth initiatives.

      Present financial reports and recommendations to senior management.

      Monitor financial KPIs and recommend corrective actions where necessary.

Compliance & Risk Management

      Work closely with the tax consultancy on tax planning, tax filings, and statutory deductions.

      Establish and maintain strong internal controls and financial policies.

      Identify financial risks and recommend mitigation strategies.

Store Management

         Oversee the management and control of inventory, stock movement, and warehouse operations.

         Ensure accurate stock records, inventory reconciliation, and regular stock audits.

         Monitor stock levels and ensure timely replenishment of materials and supplies.

         Implement proper inventory control systems to minimize losses, damages, and stock variances.

Procurement Management

      Ensure timely procurement of goods, services, equipment, and operational supplies.

      Ensure procurement processes comply with company policies, budget controls, and regulatory requirements.

       Review purchase requisitions, purchase orders, and procurement documentation for accuracy and approval.



Requirements

Qualifications & Experience

      Bachelor’s Degree in Finance, Accounting, Economics, or related field.

      CPA (T), ACCA, or equivalent professional certification is highly preferred.

      Minimum of 5–7 years of progressive experience in finance and accounting roles.

      Experience in healthcare, laboratory, medical, or related sectors will be an added advantage.

      Strong understanding of financial reporting standards, taxation, and compliance requirements in Tanzania.

      Experience in budgeting, forecasting, and financial analysis.

      Proven experience in fund sourcing, financial planning, and strategic financial management.

      Proficiency in accounting software and Microsoft Office applications, especially Excel.

Key Competencies

      Strong leadership and people management skills

      Strategic and analytical thinking

      High level of integrity and professionalism

      Excellent financial reporting and analytical skills

      Strong communication and presentation abilities

      Decision-making and problem-solving skills

      Attention to detail and organizational skills

      Ability to work under pressure and meet deadlines

Key Performance Indicators (KPIs)

      Accuracy and timeliness of financial reports

      Effective cash flow and budget management

      Compliance with statutory and tax requirements

      Successful fund sourcing and financial sustainability initiatives

      Reduction of financial risks and operational inefficiencies

      Timely completion of audits and reconciliations

        Inventory accuracy and effective stock control management.



Skills Required

  • Bachelor's Degree in Finance, Accounting, Economics, or related field
  • CPA (T), ACCA, or equivalent professional certification
  • Minimum of 5-7 years of experience in finance and accounting
  • Strong understanding of financial reporting standards and compliance
  • Experience in budgeting, forecasting, and financial analysis
  • Proficiency in accounting software and Microsoft Office applications
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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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