Position: SENIOR FINANCE EXECUTIVE - ACCA QUALIFIED.
Deadline: 31 May 2025.
Date posted: 06 May 2025.
Location:Dar es Salaam.
Description:
Role Overview
The Senior Finance Executive
is responsible for ensuring accurate financial reporting, budget control,
compliance, and cost management. This role
supports the Director of Finance in managing financial operations,
optimizing expenses, and ensuring adherence to Tanzanian financial
regulations and IFRS accounting standards.
The position plays a key role in
financial planning, tax compliance, and internal controls, supporting the
company’s three business units:
- ISP (Data Services) – Broadband, fiber, and
enterprise internet solutions.
- Technology Services – Cloud computing,
cybersecurity, and managed IT solutions.
- Network Services – Telecom infrastructure,
network expansion, and maintenance.
Key Responsibilities
Financial Reporting &
Compliance
- Prepare monthly, quarterly, and annual financial
statements in compliance with IFRS and Tanzanian financial
regulations
- Ensure accurate profit & loss (P&L),
balance sheet, and cash flow reports
- Maintain strong internal controls to prevent
financial risks
- Ensure full compliance with TCRA (Tanzania
Communications Regulatory Authority), TRA (Tanzania Revenue Authority),
and telecom tax regulations
Budgeting & Cost
Management
- Assist in budget preparation, financial
forecasting, and expenditure control.
- Monitor cash flow, operational expenses (OPEX),
and capital expenditures (CAPEX)
- Support the implementation of cost-saving
initiatives and revenue optimization
Taxation & Regulatory
Compliance
- Oversee VAT, corporate tax, payroll tax, and other
statutory filings with TRA
- Ensure accurate and timely tax submissions to
avoid penalties
- Liaise with external auditors, tax consultants,
and regulatory bodies
Revenue Assurance & Profitability
- Ensure accurate billing, revenue tracking, and
financial performance analysis
- Support financial modeling and pricing strategies to
improve profit margins
- Assist in financial risk management and fraud
prevention
Investment & Financial
Planning
- Support the Director of Finance in evaluating
investment opportunities
- Assist in financial reports and documentation for banking,
lending, and investor relations
- Monitor financial key performance indicators
(KPIs)
Financial Systems &
Automation
- Work with the finance team to implement ERP
systems and automation tools
- Enhance fraud detection, revenue assurance, and
cybersecurity compliance
Qualifications & Experience
- Certified ACCA professional
(Must-Have Qualification)
- 4+ years of experience in finance,
accounting, or auditing, preferably in telecom, ISP, or ICT sectors
- Strong knowledge of Tanzanian tax laws, IFRS
accounting standards, and regulatory frameworks
- Experience in budgeting, forecasting, internal
controls, and financial analysis
- Experience in telecom finance, revenue
assurance, or cost optimization
- Familiarity
with financial software, ERP systems like Tally/SAGE Pastel Evolution, and
automation tools
Key Performance Indicators (KPIs)
- Financial Accuracy
– Ensure error-free financial reports and tax filings
- Cost Efficiency – Optimize OPEX & CAPEX while maintaining service
quality
- Budget Control – Maintain accurate forecasting and expenditure
management
- Regulatory Compliance – 100% adherence to TCRA, TRA, and IFRS
- Revenue Assurance – Prevent financial discrepancies and revenue
losses