Accountant

Job Purpose

To manage the organization's financial records, ensure accurate reporting, maintain compliance with Tanzanian tax and regulatory requirements, and support management with financial analysis for informed decision-making.

Key Responsibilities

Financial Reporting

• Prepare monthly, quarterly, and annual financial statements
• Ensure accuracy and completeness of accounting records in compliance with IFRS and company policies
• Support preparation of management reports and financial analysis

Bookkeeping and Ledger Management

• Maintain general ledger accounts and ensure proper classification of transactions
• Post journal entries and reconcile accounts regularly
• Ensure all financial transactions are properly recorded in the accounting system

Accounts Payable and Receivable

• Manage supplier payments and ensure timely settlement of invoices
• Monitor receivables and follow up on outstanding balances
• Maintain proper documentation for all financial transactions

Bank and Cash Management

• Perform bank reconciliations regularly
• Monitor company cash flows and ensure proper management of funds
• Maintain petty cash and ensure proper accountability

Tax Compliance

• Prepare and file tax returns including VAT, PAYE, Withholding Tax, and Corporate Tax in compliance with Tanzania Revenue Authority regulations
• Ensure timely payment of statutory obligations
• Liaise with tax authorities during audits or inquiries

Budgeting and Financial Planning

• Assist in preparation of annual budgets and financial forecasts
• Monitor budget performance and provide variance analysis

Audit Support

• Prepare schedules and documentation for internal and external audits
• Ensure compliance with financial requirements and audit standards