Finance and Operations Manager at BRAC Enterprises Tanzania Ltd (BETL)

BRAC Tanzania

CAREER WITH BRAC ENTERPRISE TANZANIA LIMITED
About BRAC Enterprises Tanzania Limited (BETL)
BRAC
is one of the largest providers of non-formal education in the world.
We have been running schools in Bangladesh for 30+ years and
internationally since 2002. BRAC currently operates a global pre-primary
school program in Bangladesh, Tanzania, and Uganda, and we are
developing markets for early childhood development (ECD) for
3-5-year-olds in the same countries through our ‘Play Labs’ project. In
Tanzania, this includes the operation of 30 play labs co-located with
the Tanzanian Government and funded through the Yidan Prize.

BRAC Enterprises Tanzania Limited (BETL)
is a registered private company in Tanzania. Working as a social
enterprise, BETL is currently piloting a cross-subsidy business model
for ECD to improve the development of 3-5-year-old children in Tanzania.
Through this project, BRAC aims to catalyze the ECD private sector in
Tanzania by developing a sustainable business model for the provision of
low-cost, high-quality, and scalable play-based ECD program. The BETL
team recently opened five schools and is in the process of launching one
mobile ECD program in Dar es Salaam

BRAC in Tanzania is
seeking applications from competent, dynamic and self-motivated
individual to fill up the following position;

Finance and Operations Manager
Finance and Operations Manager at BRAC May 2024
Position (1): Finance and Operations Manager
Job Location: Dar es Salaam.
Job Summary:
The
Finance and Operations Manager is responsible for the financial
management and operational oversight of BETL, ensuring compliance with
regulatory standards and efficient day-to-day functioning. This role
involves developing and implementing financial policies, preparing
budgets and forecasts, overseeing financial reporting, and managing key
performance indicators. Additionally, the Manager streamlines
operational processes, optimizes procurement, and collaborates BRAC
Tanzania department heads to align activities with organizational
principles. They also oversee logistics,
property operations, and building maintenance, as well as manage service
contracts and coordinate travel logistics. Overall, this position plays
a pivotal role in supporting BETL’s mission of providing affordable and
high-quality childcare services..

Education Qualifications

• Master’s degree in Accounting, Finance, Business Administration or similar concentration.

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Responsibilities:
Finance & Accounts:

• Develop and implement financial policies and procedures to ensure compliance and efficiency.
• Prepare and monitor budgets, financial forecasts, and cash flow projections to support strategic planning and decision-making.
• Ensure compliance with accounting standards, regulations, and donor requirements.
• Oversee financial reporting, including monthly, quarterly, and annual statements, ensuring accuracy and timeliness.
• Manage financial key performance indicators to assess the financial health and performance of the organization.
• Direct the financial operations of BETL, ensuring accurate and timely financial reporting and practices.
• Maintain all financial records for BETL in both online and offline systems.
• Prepare monthly sales reports, staff payroll, tax reports, and bank reconciliations.
• Promptly remit statutory deductions (e.g., Withholding Tax) to relevant authorities.
• Supervise cash policy at academies to ensure compliance with organizational guidelines.
• Participate in the development and review of BETL’s business plan, organizational policies, and manuals.

Operations:

• Streamline and enhance operational processes to improve efficiency.
• Collaborate with department heads to align operational activities with organizational processes and procedures.
• Implement and maintain effective internal controls.
• Evaluate and optimize procurement processes.
• Liaise with relevant government authorities to ensure compliance.

Logistics and Facilities:

• Ensure timely and cost-effective delivery of materials.
• Manage property operations and building maintenance at schools.
• Oversee the registration of academies and franchise logistics.
• Arrange logistics for conferences, workshops, and meetings, including venues, meals, and transportation.

Required Skills / Capacity

• Strategic and critical thinker Analytical skills, including ability to assess problems and quickly develop realistic solutions
• Communication and Interpersonal skills
• Excellent negotiation skills
• Strong interpersonal and communication skills, both oral and written, in English
• High degree of integrity and honesty
• Leadership, organization, management skills
• Computer literate with effective use of basic applications such as MS Word, Excel, and PowerPoint Time management.

Experience required

• Minimum five years of proven finance experience, including at least one senior level finance role. Specifically:
• ○
  Experience with financial, statistical and comparative analysis,
  financial planning and forecasting, financial control and monitoring,
  developing budgets and preparing financial statements (income statement,
  balance sheet, cash flow statement, etc.)
• ○ Experience in preparing business plans for for-profit businesses.
• ○ Ability to conduct market assessments and use data insights to inform business plans and budgets.
• ○
  Proficiency in complex accounting systems and advanced level MS Excel
  skills. Experience with procurement, logistics, administration, human
  resource management, social enterprise and/or for-profit poultry
  manufacturing business preferred.
• Knowledge of applicable regulatory, contractual, legal and financial compliance requirements.

EMPLOYMENT TYPE: CONTRACTUAL
SALARY: Negotiable

How to apply:
If
you feel you are the right match for the above-mentioned position,
please apply by sending your CV and cover letter through email to: recruitment.tanzania@brac.net with a subject “Finance and Operations Manager”

Please mention the name of the position, in the subject bar.
Only complete applications will be accepted, and shortlisted candidates will be contacted.
Women are highly encouraged to apply.
Application deadline: 2nd June 2024

BRAC
is committed to safeguarding children, young people, and vulnerable
adults, and expects all employees and volunteers to share the same
commitment. We believe every stakeholder and every member of the
communities we work with has the right to be protected from all forms of
harm, abuse, neglect, harassment, and exploitation – regardless of age,
race, religion, and gender, status as an individual with a disability
or ethnic origin. Therefore, our recruitment process includes extensive
reference and background checks, self-disclosure of prior issues
regarding sexual or other misconduct and criminal records and our values
are a part of our Performance Management System.
Go to our Homepage To Get Relevant Information.
BRAC is an equal opportunities employer.