JOB ADVERT
JOB TITLE: FINANCE MANAGER
JOB LOCATION: Dar es Salaam
JOB PURPOSE
To manage the entire Finance Operations, including but not limited to financial reporting, tax and regulatory compliance, cash management, financial planning (budget preparation and budgetary controls), cost controls, and asset management.
The Finance Manager is responsible for managing the overall company’s/project’s profitability and ensuring the company operates within established guidelines and operating procedures. The role serves as custodian of all company properties and assets, including land, buildings, vehicles, equipment, and other movable and immovable assets. The position also oversees statutory compliance for all taxes and levies, including corporate tax, VAT, withholding tax, stamp duty, capital gains tax, property taxes, service levy, and payroll taxes.
RESPONSIBILITIES
- Financial Accounting
Manage the financial accounting function to ensure accounts receivable are well maintained and debts are within acceptable aging limits as per agreements. Ensure the accounts payable function operates effectively and all vendors are paid according to agreed credit terms, with all applicable taxes compiled in accordance with the law. Approve payments and expenditures in line with company procedures and SOPs.
Ensure all company assets, both current and non-current, are accounted for in accordance with relevant accounting standards. Maintain and update the fixed assets register in a timely manner, ensuring all acquisitions and disposals are properly documented. Act as custodian of the company’s inventory control system and ensure project equipment is procured at competitive prices and used for intended purposes.
Ensure payroll is processed accurately and employees are paid on or before the last working day of the month. Review accounting entries before posting to confirm accuracy and proper allocation, ensuring compliance with IFRS and IAS. Ensure internal controls are effective and financial risks are mitigated. Review personal accounts for unaccounted expenses and follow up to ensure timely posting. Maintain daily bank and petty cash reconciliations and ensure all outstanding items are resolved within 24 hours.
- Financial Reporting and Performance Management
Ensure profit center and project reports by function and site are prepared and presented to management by the 10th working day of the following month. Prepare and communicate management reports and cash flow forecasts, providing analysis and commentary to improve company profitability, and present these to EXCOM on a monthly basis.
Advise management on loss-making cost centers and projects. Analyze variances across all cost centers and projects. Prepare budgets and enforce budgetary controls, ensuring costs remain within acceptable ranges. Manage and control cash and cash points. Prepare interim and final financial statements, analyze financial performance, and contribute to medium- and long-term business planning and forecasting.
Perform reconciliations of statement of financial position items with clear narratives for management decision-making, including bank reconciliations, cash and cash equivalents, and salary control accounts. Ensure full financial and profitability visibility of all projects. Provide detailed cost visibility per item, such as maintenance costs per vehicle or container. Act as custodian of inventory, ensuring records are accurate and up to date.
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Cost Controls
Conduct monthly cost center payroll reviews and resolve variances with clear corrective actions. Hold monthly meetings to review pricing strategies and take advantage of seasonality and market conditions. Conduct performance appraisals, set KPIs, measure performance, and implement reward mechanisms. Coach and train employees on financial systems, internal controls, financial regulations, and procedures. -
Taxation and Regulatory Compliance
Oversee statutory compliance for all taxes and levies, including corporate tax, VAT, withholding tax, stamp duty, capital gains tax, property taxes, sales levy, and payroll taxes. Establish and implement compliance tools for financial and accounting oversight, monitoring, planning, and budgeting. Develop effective systems to ensure controls are in place to minimize risk and ensure compliance.
Work closely with the Director of Finance (DOF) to monitor implementation of financial processes and ensure clear communication. Ensure HS codes in shipment documents match assessment records. Ensure proper billing, timely statutory payments, and reconciliation of TRA regular and contract payments against the TRA system. Support preparation of company financial statements and respond promptly to TRA audit queries.
Ensure issuance and receipt of valid EFD receipts for all sales and purchases. Liaise with approved clearing agents to avoid unnecessary storage and demurrage costs. Ensure all additional clearing and forwarding costs are incorporated into the final cost of items.
QUALIFICATIONS
• Bachelor’s degree or equivalent combination of education and relevant work experience
• CPA (T), ACCA, or equivalent professional qualification
• Minimum of 4–6 years’ relevant finance experience
• Minimum of 5 years’ procurement experience, preferably in a production environment
• Strong skills in budgeting, financial reporting, and cash flow management
• Sound knowledge of taxation, statutory compliance, and financial regulations
• Proficiency in accounting systems, ERP systems, and Microsoft Excel
• Excellent computer skills including Microsoft Office package
• Fluent in English and Kiswahili, both written and oral
• High level of integrity, accuracy, and strong analytical skills
All interested candidates should submit their cover letter, CV, and copies of relevant professional certificates not later than Saturday, February 07th, 2026 to [email protected].
Please quote the job title in the email subject: “FINANCE MANAGER”.
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