Job Description
We wish to secure the services of
a Head of Finance. This is a Managerial position reporting directly to the
Operations Director. The selected candidate will be expected to provide overall
leadership and coordination of the financial management and internal control
systems of TCDC and it’s projects, resource mobilization and provision of
advice on financial matters to department heads, maintenance of accounting
records, preparation of financial reports, ensure control over the
organization’s assets and liabilities, budgeting and budget controls, cash-flow
management and support internal/external audits. The Head of Finance must have
a strategic mindset, sound leadership qualities and a broad understanding of
financial management principles.
Roles and Responsibilities for Head of Finance
Managerial Responsibilities
- Prepare annual work plans and budgets.
- Present work plans and budget to
the Operations Director, subsequently to the Management.
- Prepare relevant financial reports
for the leadership of the organization.
Professional
Responsibilities
- Prepare relevant financial reports for the leadership of the
organization
- Prepare of TCDC budgets.
- Present work plans and budget to the Operations Director,
subsequently to the Management Forum.
- Providing accurate financial information for decision making
by the Leadership Team
- Timely production of financial reports related to budgets,
account payables, account receivables, expenses etc.
- Coordinate and support the preparation of Annual plans and
Budgets for TCDC and Projects with department heads.
- Review and recommend for approval any amendments to the
Annual Budgets.
- Prepare Financial and Management reports for TCDC and donors
on a timely basis.
- Cash-flow management for TCDC to ensure liquidity.
- Ensure strong financial discipline by planning, controlling
and reporting on financial performance to the Management Team.
- Ensure compliance with Financial Policies and Procedures;
Procurement Guidelines, Donors’ Financial Management Guidelines and other
Statutory Requirements.
- Coordinate External Auditor to ensure compliance with TCDC
policy and statutory requirements.
- Ensure Statutory Compliance and timely returns; Donor
Compliance and Organizational Compliance.
- Ensure Financial Policies Manuals are up to date and in use.
- Coordinate and ensure compliance with donor funding
agreements and reporting to ensure continuous funding flow.
- Oversee the Financial section of the TCDC Economic Sustainability
Plan.
- Support and input into proposal and grants development.
- Negotiating with banks for optimal /best interest, and most
favourable terms in financial transactions.
- Participate in developing strategies that work to minimize
financial risks for TCDC.
Department Level
- The Head of Finance is required to perform internal audits
of MS TCDC procurement and financial transaction between departments.
- Responsible for the contact to and the cooperation with
third parties such as banks, insurance, NSSF, Taxation Authorities.
- Make sure all transactions and duties follow the requirement
as described in the MS DK financial policy and procedures manual.
Candidate Profile
- A Bachelor degree in Accounting, Commerce or Business
related discipline with a CPA qualification is a must. Membership of
professional accounting association NBAA, is required and is an added
advantage.
- At least five (5) years working at the managerial level and
three (3) years must be working experience with an international organization
(INGOs/CSOs) or DANIDA funded projects.
- Have a passion for accountability and good governance.
Skills and competence
- High level of cross-cultural skills.
- Excellent written and oral communication skills in English
and Kiswahili.
- Demonstrated skills in the operation of computer
applications including advanced spread-sheeting and extensive working knowledge
of operation of computerized accounting systems with a large organization i.e
Navision.
- Business acumen and strategic thinking capacity.
- Data analysis and budgeting skills.
Terms and conditions
The position of Head of Finance will be based at the MS TCDC
training centre in Usa River, Arusha under the following terms and conditions:
- The position is offered under MS TCDC’s employment terms
with a fixed-term contract of three (3) years with the possibility of extension
depending on the future programmatic focus and needs of MS TCDC.
- A basic salary under MS TCDC’s scheme of service – according
to experience and education when relevant.
- Housing is provided on campus in the Usa River, Arusha.
- A vibrant work environment with highly committed and
professional people.
HOW TO APPLY
To apply, submit a motivation
letter about why you are the most suitable candidate for the position, a resume
and three (3) referees to
jobs@mstcdc.or.tz by Monday, 11th of October, 2021 midnight East African
Time (EAT) with the title Head of Finance.
We value all applications but we can
only respond to shortlisted candidates. While all applicants will be assessed
strictly on their individual merits, women are strongly encouraged to apply.
The first round of interviews will
be conducted on the 19th of October, 2021 and a potential second round of
interviews will be conducted on the 25th of October, 2021.
Desired Start date: 15th of
November, 2021 or soonest possible.
MS TCDC strives to be an employer
of choice by respecting the rights of employees, by promoting intercultural
diversity and give specific preference to women!