CHIEF FINANCE OFFICER

CHIEF FINANCE OFFICER 

POSITION SUMMARY Reporting to the Chief Executive Director and supervising the accounting managers; CFO will be responsible for the management for the all finance units in the organization and for providing accurate and reliable finance management information for management decision making and oversee all accounting operations and controls within the organization. 

DUTY STATION: DAR ES SALAAM 
Key Responsibilities 

• Developing, maintaining and keeping custody of all finance and accounting records as well as monitoring quality of bookkeeping; 
• Proactively monitor consolidated budget (i.e., prepare, review, and analyze variance reports reflecting department financial status), prepare financial forecasts, identify and analyze financial problems, and recommend solutions 
• Ensure accurate, complete & timely financial and management reporting, including monthly management accounts, balance sheet control. 
• Undertake ad hoc financial analysis from time to time, to assist SMT in evaluating profitability of income streams, and potential for cost efficiencies 
• Ensure finalization of accounts and submission of the same to external auditors in time. 
• Leading the preparation and release of financial, accounting, management and statutory reports; 
• Ensuring accurate and timely administration of all tax and statutory compliance issues including central bank prudential returns, VAT and other taxes; 
• Cash flow management by ensuring adequate funding, monitoring credit lines, control of suppliers payment, monitoring treasury and expenses against budget, etc; 
• Developing appropriate mechanisms to control Institute’s exposure and enforcing accounting procedures, respecting local regulations; 
• Over see the implementation of the accounting system and ensure the correct and proper use of the system. 
• Work with the Deputy Executive Director to restructure accounting unit. This will include conducting job analysis for the group with the help of the HR unit. 
• Management of Payroll and related statutory payments and returns; 
• Effectively leading the accounting unit leaders, managing their performance and facilitating their training and development. 
• Ensure monthly burn rate reports are sent to all project leaders/ unit leader 
• Maintaining good relations with stakeholders including bankers and Partners etc. 
• Provide monthly financial status report to Management Committee. 
• Design suitable internal control measures through clear segregation of duties amongst the finance team. 

Qualifications and experience 

• Business degree /MBA majoring in Finance /Commerce or Accounting with a professional accounting qualification such as CPA, ACCA, ICMA, CIMA etc. 
• Director level prior experience in an organization with an annual turnover of above 10 billion. 
• Registered by NBAA at least at the category of associate ship 

Competences 

• Excellent interpersonal and communication skills. 
• Sound knowledge of financial management and IFRS accounting procedures; 
• Demonstrable leadership ability with good interpersonal skills; 
• Good analytical ability; 
• Excellent planning and organizing skills; 
• Knowledge in the computerized accounting environment and; 
• Ability to work in multicultural environment 
• trust worthy 
• Team Player 

REMUNERATION 
Attractive and competitive remuneration will be provided. 


MODE OF EMPLOYMENT Renewable annual contract 

MODE OF APPLICATION Candidates meeting the above job requirements should channel their letter of application with detailed curriculum vitae (CVs) showing contact address, e-mail, telephone numbers and photocopy of academic and professional certificates to 

Chief Human Resources Officer, Ifakara Health Institute, 
Kiko Avenue, Mikocheni, 
P.O. Box 78373, 
Dar es Salaam. 
E mail: recruitment@ihi.or.tz 
The dead line for submission of application is 13th November 2013. 
Only successful candidates will be contacted