AccessBank Tanzania - Senior Accountant

AccessBank Tanzania (ABT) is a commercial bank with a special focus on microfinance. Having opened its doors to the public in November 2007, ABT has quickly evolved into a recognized provider of financial services to micro, small and medium-sized enterprises (MSMEs) and the general lower and middle income clientele of Tanzania. The bank has been founded by a group of reputable international shareholders committed to the task of improving access to financial services in the country. It is part of Access Group, a globally expanding network of commercial banks with a special focus on microfinance. It's holding headquarters are in Berlin, Germany.

About the Job
The Senior Acccountant will ensure the proper management of ABT's Accounting Department. S/he will be responsible for the application of proper accounting standards, internal controls, and recording of financial transactions. Apart from that, the production of timely and accurate reports for the bank's internal and external stakeholders is supervised by the new hire.

Tasks and Responsibilities
Control payments to the bank's staff and suppliers
- Check and verify all payment vouchers prior to their authorisation;
- Check and verify all bonus and allowance payments to the bank staff prior to their authorisation for payment;
- Check and verify all changes to the bank's payroll prepared by HR prior to its authorisation.
Ensure proper recording of all financial transactions of the Bank.
- Daily integration of the business data into the bank's accounting system;
- Check and verify all end-of month journal vouchers and other adjusting vouchers before they are posted into the
Accounting software of the bank;
- Supervise clearing of any differences on deposits, advances and vault cash accounts between business and accounting modules of the MIS;
- Investigate and clear any outstanding items in reconciliation reports of both internal and external accounts of the bank.
Produce internal reports of the bank
- Prepare on a daily basis the financial situation (balance sheet, income statement, cash flow, liquidity) of the bank; Prepare financial statements on a monthly, quarterly, semi-annual and annual basis in a timely manner;
- Provide members of the Management Team, and other employees of the bank, with information and support in matters related to accounting or similar issues;
- Provide the Management Team and the ALCO with all required information related to the financial position of the bank;
- Ensure that all reports are prepared and reviewed before being submitted to external parties.
Produce external reports of the bank
- Prepare financial statements on a quarterly, semi-annual and annual basis for publication;
- Prepare all reports to the tax authorities in a timely manner;
- Prepare and ensure submission of other statutory returns such PPF/NSSF, City levy, etc;
- Ensure that all reports/returns are prepared and reviewed before being submitted to external parties.

Qualifications
• Advanced degree in managementlaccountinglfinance;
• proficient with accounting software, accounting, financial audit, budget preparation and monitoring, treasury management;
• at least 3 years' experience in accounting and financial management, preferably in the microfinance or banking sectors;
• Good knowledge of the legal system and tax system of Tanzania and the norms of the Central Bank; Excellent knowledge of International financial reporting standards and other local accounting standards; rigorous, very high attention to detail, analytical, with sound managerial and organizational skills; Fluency in Kiswahili and English
• CPA certificate would an added advantage.

All applications should be sent to the address below

Human Resources Manager

Accessbank Tanzania Ltd,

P.o BOX 95068

Dar es Salaam