JOB SUMMARY
- Responsible for overall management of financial operations including accounting, payments and banking, payroll, budgeting, financial reporting, and grant financial management and compliance.
JOB RESPONSIBILITIES
- Review and approve postings to the organization’s general ledgers as and when required;
- Review and monitor the consolidated general ledger for budget v actual variances and investigate observed variances;
- Liaise with programs department to review and monitor fund burn rates for all donors to ensure compliance with funding agreement requirements;
- Review and monitor accounts receivables and accounts payable ageing analysis for long outstanding and suspicious items;
- Review fund and bank reconciliations prepared by Accountants and Investigate bank statement reconciling items to establish their appropriateness and validity;
- Prepare donor fund requests
- Liaise with project accountants to prepare and review MTI Global monthly reporting pack
- Conduct month end general ledger closing procedures
- Prepare and/or review adjustment journals when required;
- Review of payroll transactions, allocation and reconciliation with staffing list on a monthly basis
- Prepare monthly Payroll to GL to Bank review
- Offset/clear the liability for salary payment in ERP through manual payment.
- Participate in the budget development process
- Review bank reconciliations prepared through Unit4
- Provide information upon request for audit and donor desk review processes
- Monitor and review the appropriate use of resources in accordance with budget holder authority and MTI’s cost principles
- Ensure capacity development of Accountants and Program staff to increase department capacity
- Other duties as assigned
EDUCATION, LICENSES, & CERTIFICATIONS
- Bachelor’s Degree in Business Administration, Commerce, Accounting & Finance or a related field is required; MBA is preferred.
- Registration with a Professional Accounting body (e.g. ACCA, CPA)
- ACPA Membership will be an added advantage
EXPERIENCE
- Minimum 5 years of experience managing finance (accounting, budgeting, control and reporting) for a complex INGO with multiple funding sources; Experience with UNHCR, USAID, BPRM, ECHO, WFP etc. funds is preferred
KNOWLEDGE, SKILLS & ABILITIES
KNOWLEDGE
- In-depth knowledge of INGO accounting, including complex fund and grant accounting, compliance, and reporting
- In-depth knowledge of International Financial Reporting Standards and International Public Sector Accounting Standards
- In-depth knowledge of Tanzania laws and regulations pertaining to financial management
- Knowledge of USAID, UNHCR, ECHO, WFP funding rules and regulations, financial reporting and disclosure requirements
- Knowledge of ERP systems and computerized accounting software such as Sage, Sun systems, Unit4, etc.
SKILLS
- Highly skilled in developing and implementing systems for grant monitoring and reporting
- Demonstrated leadership ability, team management, and interpersonal skills
- Highly organized and able to manage competing priorities to meet deadlines
- Excellent analytical and abstract reasoning skills
- Expertise in Microsoft Excel and computerized accounting software
ABILITIES
- Ability to explain financial terms in simple language
- Ability to maintain confidentiality of highly sensitive information and exercise extreme discretion
- Ability to act with integrity and maintain the highest ethical standards
- Ability to support MTI Calling and adhere to the MTI Code of Conduct
PHYSICAL CONDITIONS
- This position requires occasional travel to other field offices and health facilities located in remote areas with very basic living conditions.
Application Procedure:
All interested applicants who meet the criteria should email their application letter and CV in either PDF or Word only, including three work related referee to: [email protected]
Indicate your expected salary, current/previous salary, and notice period at the bottom of your CV.
Indicate clearly the position applied for in the subject line” Senior Finance Officer”.
Application Deadline: 6th September 2021 at 1700HRS.
NOTE: This vacancy is for Tanzanians only.
