Accountant

Position Overview

This position offers a great opportunity for career growth within the financial services sector.

The accountant is responsible for managing the financial records, loan accounting, regulatory compliance, tax obligations, and internal control systems. The role ensures that all financial transactions are accurately recorded, financial reports are prepared timely, and the company complies with regulatory requirements issued by the Bank of Tanzania and the Tanzania Revenue Authority.

Key Duties and Responsibilities

Accounting and Financial Management

• Maintain accurate accounting records for all company financial transactions
• Record loan disbursements, loan repayments, and interest income in the accounting system
• Prepare monthly, quarterly, and annual financial statements
• Maintain the general ledger and ensure proper classification of accounts
• Monitor loan portfolio balances and reconcile them with the loan management system
• Record interest income, loan processing fees, and penalty charges
• Maintain fixed asset register and record depreciation
• Prepare bank reconciliation statements monthly
• Maintain proper documentation for all financial transactions

Loan Accounting and Portfolio Management

• Record loan disbursements and repayments accurately
• Reconcile loan portfolio records with the loan management system
• Monitor loan aging and identify overdue loans
• Calculate and record loan loss provisions based on company policy
• Prepare loan portfolio performance reports
• Assist management in monitoring credit risk and loan performance

Tax Compliance and Statutory Obligations

• Ensure compliance with tax regulations administered by the Tanzania Revenue Authority
• Preparation and filing of PAYE returns
• Preparation and filing of withholding tax returns

Employment Details

Employment Type: Full-time

Location: Dar es Salaam, Tanzania

Industry: Financial Services – Accounting & Finance