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Finance Manager at FINCA
Job Opportunity at FINCA: Finance Manager
FINCA is hiring a Finance Manager to join our finance and administration department. This senior role reports directly to the Chief Financial Officer and oversees account reconciliation and treasury functions.
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Job Summary
The Finance Manager is a key member of the finance and administration department, leading account reconciliation and treasury functions while reporting to the Chief Financial Officer. The role involves:
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- Developing long-term goals, including writing proposals for investment/risk analysis to support business growth.
- Implementing financial strategies created by management.
- Ensuring compliance with all applicable legal, regulatory, International Financial Reporting Standards (IFRS), and operational risk requirements to minimize risks from non-compliance with policies and procedures.
Essential Duties
- Oversee activities of the accounting section, reconciliation, and treasury functions.
- Supervise posting into the general and subsidiary ledgers.
- Ensure timely reporting by accountants.
- Train newly hired staff on systems and procedures within the department.
- Train staff from other departments on accounting and tax-related issues.
- Review all cash and transitory account reconciliations.
- Ensure timely preparation and accuracy of bank reconciliations.
- Maintain accounting module processes.
- Execute and monitor daily closure of sessions and resolve system-related issues.
- Maintain a log of all system-related problems and processes.
- Ensure preparation of accurate and timely reports, including ALCO reports, income statements, balance sheets, unapplied funds, overpayments, and cash flow statements.
- Manage payroll and payroll-related procedures and transactions.
- Coordinate the preparation of the budget and projections process for the bank.
- Monitor and control the budget during its implementation/execution.
- Track the bank’s strategic implementation status.
- Provide input in the preparation of the bank’s long-term strategic plan.
- Provide variance analysis on budget versus actual reports.
- Review policies related to accounting and treasury functions annually, ensuring operating procedures comply with related policies.
- Facilitate internal and external audits in conformity with FINCA Impact Finance, Central Bank, and other government agencies’ (e.g., tax) reporting requirements.
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Education and Experience
- Chartered Accountancy Equivalent required.
- MBA degree is an added advantage.
- Minimum of 5 years in management, financial, and regulatory reporting, including 2 years supervising accounting functions in financial institutions.
- Sound knowledge of accounting and financial management.
- Knowledge of financial reporting and relevant statutory requirements.
- Experience with at least one accounting computer system.
- Sound knowledge of microfinance principles and practices of banking.
How to Apply
- Send your CV to TZ_Recruitment@finca.co.tz no later than August 21, 2025.
- Note: Only shortlisted candidates will be contacted.