Duty Summary: Under
general direction, reports to the Executive Director and is based in Dar es
Salaam. The role aims to ensure the overall effective financial management and
reporting for UMATI Board (on behalf of the management) and .actively
contribute towards the financial planning and strategic growth of the
organization as a key member of the Strategic Management Team.
Specific
Duties:
• Overall in-charge of all the finance functions in the
Association including
training and supervising finance staff
• Providing finance expertise/advice to board members, audit committee, and
senior management team
• Developing, implementing, and ensuring compliance with internal financial and
accounting policies and procedures and that all statutory requirements are met
• Developing and maintaining financial accounting systems for cash management,
accounts payable, accounts receivable, credit control, and petty cash .
• Ensuring maintenance, security and up to-date inventory of the Association’s
properties and assets
• Preparation of the Annual Budget to oversee the implementation of approved
programmes and monitoring its implementation to ensure that both the income and
expenditure, budgets are always within the approved levels
• Reporting periodically/quarterly to the Association’s Executive Committee
implementation of the plan giving reasons for any deviation from the approved
budget
• Prepare regular reports to external stakeholders and the Association
Executive Committee on the progress of actual expenditure, and income compared
to budget and making recommendations for balancing level of income and
expenditure
• Managing the cash flow and prepare cash flow forecasts in accordance with UMATI
Financial and Procurement policy
• Oversee all payroll functions to ensure that employees are paid in a timely
and accurate manner
• Managing external audits by among other things preparing all supporting
information for the annual audit and liaise with the Board’s Audit Committee
and the external auditors as necessary
• Overseeing that supporting information for all financial transactions are
accurately documented and properly maintained
• Overseeing the processing, and timely submission of statutory and staff
benefit remittances
• Providing advice on appropriate technology that meets the organization’s
information requirements and financial resources
• Recommend effective and efficient financial systems and development plans to
coincide with strategic objectives
• Reviewing and authorizing transactions/payments including being an authorized
bank signatory
• Maintaining a sound accounting system and safe keeping of all supporting
records to ensure an effective system of ‘control is operating
• Ensuring that• financial expenditure and revenue is monitored against
approved budgets and financial targets and to ensure timely corrective action
is taken where necessary
• Ensure proper training of staff under his jurisdiction,
• Attending to any other duty as may from time to time be assigned by Executive
Director
Employment
Standards:
Master’s Degree in Business Administration/Finance, Holder of CPA (T) or its
equivalent and registered by the National Board of Accountants and Auditors, A
minimum of 7 – 8 years working experience in Accounting with at least five 5
years’ experience in Managerial level.
APPLICATION
INSTRUCTIONS:
The Offer:
If your career aspiration matches this exciting opportunity, please write one
page how you fit the role, with your Copies of Certificates” CV, containing an
.email address” daytime telephone contacts, names and addresses of three
referees and send through emaron@emarongroup.com.
