Chief Accountant at Tanzania Private Sector Foundation (TPSF)

TPSF

Chief Accountant
Chief Accountant at TPSF May 2024
JOB TITLE: Chief Accountant
1.0. Introduction
Tanzania
Private Sector Foundation (TPSF) is an apex and focal private sector
members-based organization, which seeks to promote effective engagement
with government and other stakeholders in developing policy and a
conducive environment for doing business and developing the country.
TPSF therefore commands significant influence and credibility both
locally and internationally. It boasts a unique position as the
government’s partner, which makes it a key player in policy formulation,
publicprivate partnership (PPP implementation), coordination of
high-level public-private dialogue (PPD’s) platforms and National
Budget. TPSF has thus stood tall and bold on many advocacy issues of
national and sectoral importance.

We are looking for a highly
motivated and detail-oriented Accountant to join our team. The ideal
candidate will have a strong background in accounting principles, strong
analytical skills, and the ability to thrive in a fast-paced
environment.

2.0 Main Duties and Responsibilities

• Generate financial reports and analysis to support management decision-making;
• Process accounts payable and accounts receivable transactions accurately and timely;
• Reconcile accounts payables and accounts receivable balances,
• Prepare asset, liability, and capital account entries by compiling and analyzing account information
• Assist in the preparation of monthly, quarterly, and annual financial statements;
• Verify and reconcile invoices, bills, and payments with supporting documentation;
• Record financial transactions into the accounting system;
• Preparation of tax returns, ensure compliance with tax regulations and assist in responding to tax inquiries and audits;
• Ensure all transactions are properly recorded, and reconciled and maintain the general ledger;
• Perform monthly reconciliations of balance sheet accounts to ensure accuracy and completeness;
• Stay updated on changes in tax laws and regulations that may impact the organization;
• Analyse financial data and trends to identify opportunities for cost savings and resource mobilization.
• Prepare ad-hoc financial reports and analysis as requested by management;
• Provide insights and recommendations to improve financial performance and efficiency.
• Assist with internal and external audits by providing supporting documentation and explanations as needed;
• Ensure compliance with audit requirements and implement recommendations for process improvements.
• To perform financial forecasting
• Monitor budgetary performance and report variances to management.
• Reinforce financial data confidentiality and conduct database backups when necessary

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3.0 Qualifications

• The candidate must have at least 4 years of working experience in Finance and Accounting,
• A Bachelor Degree in Accounting, Business and Finance or equivalent will be an added advantage;
• Possess an accounting professional qualification such as ACCA, CPA, etc;
• Knowledge of accounting software packages and computer literacy especially MS Excel.

4.0 Application instructions
Interested candidates should submit a Cover Letter and Curriculum Vitae before 19th May 2024.
All applications should be sent to recruitment@tpsf.or.tz