Tuesday, March 16, 2021

Job Opportunity at ASA Microfinance (Tanzania) Limited - Chief Financial Officer


 ASA Microfinance Tanzania Limited

Job Title: Chief Financial Officer

Location: Tanzania

Job Responsibilities:

  • Oversee the monthly, quarterly and annual financial statement preparation and analysis and ensure the financial statements are prepared in compliance with generally accepted accounting principles and company policies.
  • Provide advice and counsel to direct reports, senior managers and others relating to broad scope of responsibilities noted above. Provides financial analysis to a ajira wide range of assignments, often under tight deadlines, to support numerous business processes and initiatives.
  • Ensure the company-wide implementation of superior accounting, financial reporting and financial processes and internal controls. This includes developing appropriate processes, procedures and tools to ensure that deficiencies are identified and corrected in a timely fashion.
  • Evaluate on an ongoing basis the accounting system, so that it reflects an accurate assessment of the operating revenues and expenses of the organization.
  • Ensure compliance with all Federal / Government regulations, including taxation.
  • Evaluate on an ongoing basis the purchasing system in coordination with department heads so that acceptable controls, approvals and time frames are responsive to the requirements of the organization and generally accepted accounting principles.
  • Serve as a key member of the senior leadership team providing leadership and input to management peers regarding the financial implications of all major business decisions.
  • Manages annual operating and capital budget process, through review with senior management and Board. Assists with the annual business planning process.
  • Directs insurance portfolio for all property and casualty insurance, workers compensation, employee health and welfare benefit programs, player disability and contract guarantee insurance, etc.
  • Manage relationships with bankers, auditors and league officials, as appropriate.
  • Responsible for cash management system, including daily cash management and cash forecasting.
  • Other duties as assigned.

Academic Qualification & Experience Requirements:

  • Minimum bachelor’s degree in accounting, Finance, or related subjects.
  • Certified Public Accountant (CPA) is a MUST. MSc/MBA will be an added advantage.
  • Minimum 7 years professional experiences as CFO or relevant role is a MUST.
  • Preferably Experience in working with NGOs/Financial Institutions/Banks/Consultancy firm.
  • In depth knowledge of corporate financial law and risk management practices.
  • Excellent knowledge of data analysis and forecasting methods.
  • Proficient in the use of MS Office and financial management software (e.g., SAP).
  • Ability to strategize and solve problems.
  • Strong leadership and organizational skills. An analytical capacity, comfortable with numbers.

Remuneration: Attractive salary package will be offered relating to competencies and experiences.

General Requirements for Applicants of All Posts.

Application Letter.

Curriculum Vitae enclosing details of Work experience, skills and with postal and telephone contacts of Three Referees. One passport size photograph attached in CV.

Mode of Application

Applicants who consider themselves competent with the above-mentioned position, please send your application to before 17:00 HRS on 30th March 2021.

Only short-listed candidates will be contacted for an interview. No phone calls are allowed for inquiry. No allowances will be admissible for the interview.


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