COUNTRY FINANCE MANAGER - MAERSK LINE

COUNTRY FINANCE MANAGER
Dar-es-Salaam Local/Expat Finance/Economics     Ref.: ML-058434
We are looking for a seasoned finance candidate to join as Head of Finance in Nyota Tanzania Limited. In this role, you will provide leadership and guidance to the Finance function, be accountable for the quality of agency and liner books and related reporting, ensure compliance with local tax and statutory regulation under Maersk Group COMMIT framework, maintain a strong local focus on net working capital, partner with local customers as well as suppliers, and ensure that the cluster’s result and performance measures are done on “one set of numbers”.
Reporting to the Managing Director and being a core member of the leadership team, you will play a key role in influencing the business priorities and overall business direction based on financial insights and expertise.
Nyota Tanzania Limited is an exclusive shipping agent for Maersk Line and Safmarine in Tanzania. Nyota Tanzania head-office is in Dar-es-Salaam, Tanzania and it has branches in Tanga and Zanzibar.
Key Responsibilities
• Accountable towards HQ Finance for local statutory reporting requirements are met and filed in accordance with local accounting policies.
• Manage local tax compliance for both local entities and liner companies operating in the cluster. Accountable for timely and accurate tax filing and settlements, as well as adherence with HQ instructions.
• Maintain an efficient work relationship with the off-shore service centre.
• Follow the control framework set by HQ Finance, ensure that control activities are properly executed in the agency processes (including fraud awareness) and provide feedback to HQ Finance on control deficiencies in the local environment.
• Accountable for dunning and customer contact within Tanzania. Ensure payments are made on time and per terms.
• Lead and manage credit review and performance of clients to make recommendations to the leadership team.
• Lead Business Finance team, control revenue leakage from waivers and write-offs and leverage team to provide customer yield analysis.
• Validate financial impact of business decisions including, accounting impact, cash flow impact, profitability, financial risk and tax exposure.
• Monitor agency cost and ensure adherence to people and administration cost budgets.
• Sign off monthly cost reports and constructively challenge expenditure where necessary.

Key Responsibilities
• Accountable towards HQ Finance for local statutory reporting requirements are met and filed in accordance with local accounting policies.
• Manage local tax compliance for both local entities and liner companies operating in the cluster. Accountable for timely and accurate tax filing and settlements, as well as adherence with HQ instructions.
• Maintain an efficient work relationship with the off-shore service centre.
• Follow the control framework set by HQ Finance, ensure that control activities are properly executed in the agency processes (including fraud awareness) and provide feedback to HQ Finance on control deficiencies in the local environment.
• Accountable for dunning and customer contact within Tanzania. Ensure payments are made on time and per terms.
• Lead and manage credit review and performance of clients to make recommendations to the leadership team.
• Lead Business Finance team, control revenue leakage from waivers and write-offs and leverage team to provide customer yield analysis.
• Validate financial impact of business decisions including, accounting impact, cash flow impact, profitability, financial risk and tax exposure.
• Monitor agency cost and ensure adherence to people and administration cost budgets.
• Sign off monthly cost reports and constructively challenge expenditure where necessary.
We Offer
A significant and strategic role in Maersk where you will utilise your finance expertise to help set the business agenda and achieve the overall organisational goals.

Through your day-to-day leadership and work, you will gain an in-depth understanding of financial management in a market leader in the industry, sharpen your commercial acumen and enhance your stakeholder management skills. In addition, you will have visibility and exposure in the leadership team, regional and global finance community for future career development within the organisation.

Who we are looking for
• A solid financial educational background as Certified Public Accountant (CPA), Chartered Accountant (CA) or other accounting professional qualification equivalent to CPA (T) and recognised by accountancy professional institute/Board recognised by IFAC.
• Must be a registered member of NBAA or any other accountancy professional institute/Board recognised by IFAC.
• Master’s degree in Accounting and Finance will be an added advantage.
• Minimum 3 years’ related finance and accounting experience in an international organisation. Industry experience is preferred, but not a must.
• Substantial people leadership experience with a proven track-record of selecting and coaching finance professionals.
• Possess a high degree of analytical skills and is capable of combining strategy with financial insights.
• Strong commercial acumen to understand and challenge numbers based on a business agenda.
• Experienced in working closely with offshore teams in shared-service centres.
• Excellent English proficiency.

For a non-resident to be qualified as a Finance Manager in Tanzania:
The applicant must in addition submit proof of being a registered member of an accountancy professional institute/Board recognized by IFAC and must submit verified "Practical Experience Log Book" maerskline.com Maersk Line is the world's largest container shipping company, serving customers all across the globe.

Maersk Line has 25,000 employees across 325 offices in more than 125 countries. As a leading provider of container shipping services, Maersk Line’s mission is to provide opportunities in global commerce. Maersk Line helps customers source goods from anywhere in the world, creating efficiencies in their supply chains, and making it possible for commodities to reach new markets more quickly. Maersk Line sets the standards in ensuring continuous and consistent reliable and quality service to its customers and is regarded amongst the most reliable carriers in the world.
The Maersk Group comprises A.P. Moller - Maersk A/S and subsidiaries based in Copenhagen, Denmark. The Group employs about 89,000 people in around 135 countries across the world.   

SOURCE: MWANANCHI OF 22 OCTOBER 2014

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