Our client, a market leader in the plastics manufacturing industry across East and Central Africa, is seeking an experienced Country Finance Manager to oversee financial operations in Tanzania. This role is responsible for ensuring compliance with IFRS and local regulations, optimizing financial planning, and driving the efficient utilization of funds to support business objectives. The ideal candidate will implement robust financial controls, oversee budgeting, and ensure the company’s financial stability in alignment with its strategic growth plans.
Responsibilities
- Implement and maintain robust
accounting systems for timely financial reporting.
- Ensure ERP system access controls
are in place to prevent unauthorized actions.
- Maintain compliance with all taxes
and financial regulations, including VAT, payroll taxes, and company tax.
- Oversee the annual budgeting
process, integrating inputs from all departments.
- Implement budgetary controls to
manage expenditures effectively.
- Conduct regular analyses of product
and customer profitability, recommending strategic improvements.
- Train staff on cost control
measures and financial reporting processes.
- Ensure capex aligns with budgetary
provisions and funding sources.
- Monitor working capital by
optimizing credit policies and inventory management.
- Oversee debtor-aging reports and
enforce credit control measures.
- Review and optimize assets
utilization to maximize returns.
- Evaluate new products, pricing
structures, and project viability from a financial perspective.
- Analyze profitability variances on
new capital expenditures.
- Prepare monthly rolling cash flow
forecasts.
- Manage company borrowings and
deployment of surplus funds.
- Ensure all company assets are
adequately insured.
- Lead statutory, internal, and tax
audits in a timely and cost-effective manner.
- Prepare monthly management reports
with variance analysis.
- Ensure accurate, timely updates of
accounting records.
- Train and manage the finance team
to achieve optimal performance.