Finance Manager at KIUMAFinance Manager 

KIUMA

Ruvuma

Department: Finance

Reports to: Chief Executive Officer

JOB SUMMARY

The Finance Manager (FM) is responsible for leading the Finance Department in planning, directing, coordinating, and implementation of the day-to-day financial operations within KIUMA in liaison with the heads of departments. The FM is directly responsible to the Wortundtat, Germany, the CEO in Tanzania and/or a representative to KIUMA from the Donor and or Government.

ROLES AND RESPONSIBILITIES

Financial Strategy and Planning:

• Develop and implement financial strategies aligned with the overall goals of the abattoir.
• Provide financial insights and recommendations to support decision-making by the executive team.

Financial Reporting:

• Oversee the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with international accounting standards and local regulations.

Budgeting and Forecasting:

• Lead the annual budgeting process and collaborate with department heads to ensure alignment with company objectives.
• Monitor financial performance against budgets and provide variance analysis.

Risk Management:

• Identify and assess financial risks, proposing mitigation strategies to safeguard the financial health of the abattoir.
• Stay informed about economic trends, industry developments, and regulatory changes affecting the business.

Financial Operations:

• Oversee day-to-day financial operations, including accounts payable, receivable, payroll, and treasury functions.
• Implement and maintain robust internal controls to safeguard assets and ensure accurate financial reporting.

Cash Management:

• Optimize cash flow through effective management of receivables, payables, and working capital.
• Evaluate investment opportunities and make recommendations to maximize returns.

Audit and Compliance:

• Coordinate with external auditors to facilitate annual audits and ensure compliance with regulatory requirements.
• Implement and monitor internal audit processes to identify and address potential issues.

Strategic Financial Decision-Making:

•  Provide strategic financial insights to support key business decisions, investments, and expansion initiatives.
• Collaborate with executive leadership to assess the financial feasibility of new projects.

Team Leadership and Development:

• Lead and mentor the finance team, fostering a culture of accountability, professionalism, and continuous improvement.
• Promote professional development and training to enhance the team’s skills and capabilities

OCCASIONAL RESPONSIBILITIES

• Represent KIUMA in accountant’s meetings, seminars or workshop outside KIUMA such NBAA and TRA seminars.
• Hold regular meetings with Finance Team to improve the Department Services.
• Participate in KUMA staff committees such as Task Force Committee.

ACADEMIC AND PROFESSIONAL QUALIFICATIONS AND KNOWLEDGE

• Bachelor’s degree in finance, accounting, or a related field; MBA or professional finance qualification is preferred. (a CPA (T) / ACCA qualified Accountant registered with a National Board of Accountants and Auditors (NBAA).
• Proven experience in management of senior finance role and leadership skills
• Knowledge of international accounting standards and Tanzanian financial regulations
• Excellent analytical, strategic thinking, and communication skills
• Effective team player and leader with ability to collaborate with cross-functional teams
• A Certified Public Accountant
• At least three (3) years’ cumulative leadership experience in a comparable position from a reputable organization.

EXPERIENCE

• At least 3 years of experience in Financial Management position.
• At least 2 years’ experience in managing Donor’s funds with different projects.
• At least 2 years’ experience in using accounting Computer Package especially SAGE PASTEL.

CORE COMPETENCIES REQUIRED FOR THE ROLE

• Good Leadership and management skills.
• Excellent Accounting Ethics and Integrity
• Proficient in Language –English and Swahili
• Advanced Computer literacy.
• Excellent Budget Preparation Skills.
• Team work and good Conflict management skills.

COMMUNICATION

The job holder is required to communicate with the following on a regular basis:

• CEO, Heads of departments and other members of staff
• Donors.
• Other key stakeholders such as Auditors, TRA, NBAA, Government officials, Development partners etc.

APPLICATION INSTRUCTIONS

Applicants need to be ready to relocate to Ruvuma Region in Tunduru District
Send a covering letter together with your detailed CV with Three Professional Referees (official Emails and Position)

To: KIUMA HR –[email protected]

Cc: [email protected] and [email protected]

Deadline for applications: 28th December 2024

Only shortlisted applicants will be contacted.