Finance Officer at PASS Trust Tanzania

The ideal candidate will be responsible for maintaining the integrity of financial records and ensuring compliance with accounting standards and regulatory requirements. This role requires a strong understanding of financial principles, analytical skills, and the ability to collaborate effectively across departments.

DUTIES AND RESPONSIBILITIES

• Maintain accurate and up-to-date financial records in accordance with accounting standards and regulatory requirements.
• Conduct regular reconciliations of accounts to ensure accuracy and completeness of financial data.
• Assist in the preparation of budgets and forecasts while monitoring budgetary compliance.
• Ensure compliance with all applicable laws and regulations set forth by the central bank governing financial leasing institutions.
• Assist in preparations of tax returns such as Monthly VAT returns and withholding taxes and ensure timely payments of taxes due.
• Collaborate with other departments to support business initiatives while ensuring accounting practices align with organizational goals.
• Manage customer deposits and post transactions to operating accounts accurately.
• Post insurance payments and track device payments accurately.
• Prepare lease completion letters as required.
• Post purchase orders and manage posting of imprest requisitions.
• Process payments for staff imprest claims and refunds.
• Post retirements for all staff imprest accounts in a timely manner.
• Issue daily sales reports (Z Reports) and EFD Issue EFD receipts for all application fees and facility fees.
• Record fixed asset payments to suppliers for all approved procurements.
• Manage petty cash requisitions efficiently.
• Prepare bank reconciliations on a monthly basis.
• Post all transactions in the accounting system on a daily basis to ensure real-time financial tracking.
• Prepare administration budgets and provide updates on lease contracts and registration documents.
• Act as custodian of all security documents related to financial transactions.
• Handle registration and discharge of cards as necessary.
• Process payment requisitions accurately, capturing all approved payments into the system promptly.

Qualifications, Experience, and Skills required:

• Bachelor’s degree in finance, Accounting, or related field.
• 3 years’ experience in a finance-related role, preferably within a financial institution
• Experience in working with financial institutions preferable Financial Leasing company.
• Strong analytical skills and attention to detail.
• Proficiency in Navision accounting software and particularly Excel.
• Excellent organizational skills with the ability to manage multiple tasks simultaneously.
• Strong communication skills, both written and verbal.