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  • 1 month ago

jobs description

Qualification and Experience Required

• Relevant experience in finance and accounting in a large manufacturing company where more than 15 years’ experience in Finance, 7 years as Head of Finance.

• Working experience on ERP especially on Financials and Costing modules. Syspro

Experience will be an added advantage.

• Manufacturing Experience - Plastic Manufacturing experience is preferred.

• Proven Inventory / Warehouse Management - Has implemented / familiar with Warehouse Management Information Systems (WMIS)

Responsibilities

• Implement and maintain good accounting systems to enable timely detection of inconsistencies and accurate financial information.

• Review access controls and user rights in ERP system to prevent unauthorized action

• Take key role in preparation of annual budget for the company with inputs from all departments and submit the budget within due date. Implement budgetary controls to ensure that the expenditure is within budget

• Do in depth analysis of... costing and profitability data of all products and customers regularly and advise the ways of improving profitability in terms of product mix, customer mix and so on. Implement and maintain systems to get this data and analysis timeously and accurately with training to the staff

• Ensure that capital expenditure and capex funding are in line with the approved budget and there is no mismatch in capex funding

• Take proactive part in working capital decisions in terms of customer credit policy, setting reorder levels and order size of Raw & Packing materials, so that the working capital requirement is minimized.

• Control credit by way of regular review of debtors ageing and strong follow-up with the sales team. Review non-performing current and fixed assets regularly and advise ways to generate cash from them.

• Review the balance sheet every month in depth and advise / follow up for mobilizing all

monetary and non-monetary assets for optimum returns from them.

• Evaluate product pricing, new product introduction and new project viability from financial angle and advise the management in decision making. Analyse and reportprofitability of new capex in terms of plan vs actuals.

• Handle borrowing from various sources including banks and deployment of surplus funds, if any.

• Prepare rolling cash flow forecast every month and advise course of action to prevent anycash deficit

• Comply with all tax laws and commercial laws including VAT, withholding tax, payroll taxes, Company tax, etc. by filing accurate returns and payment of taxes within due dates, implement systems and provide training to staff to ensure the compliance regularly with accuracy.

• Handle all insurance policies and claims in the best interest of the company at optimum cost.

• Ensure that all the assets of the company are adequately insured throughout the year and the company is protected from all possible risks in line with business requirements.

• Handle statutory audits, internal audits, tax revenue authority and other financial audits in timely and cost-effective manner.

• Prepare monthly analytical MIS in the prescribed format within due dates with root causes of variance from budget. Implement and maintain systems to update accounting records correctly and timeously and train staff to sustain it.• Handle statutory audits, internal audits, tax revenue authority and other financial audits in timely and cost-effective manner.

• Handle all insurance policies and claims in the best interest of the company at optimum cost
Dar es Salaam Tanzania

salary-criteria

Apply - Country Finance Manager Dar es Salaam