Financial Accountant - Commercial Bank of Africa (Tanzania) Limited

Commercial Bank of Africa (Tanzania) Limited was established in 1962. We offer a wide spectrum of banking products and services. Commercial Bank of Africa (lZ) promotes equal employment opportunity and provides a conducive and challenging work environment for existing and potential employees to fully realize their potential. The bank now wishes to recruit a qualified and highly motivated individual to fill in the following vacancy:

POSITION: FINANCIAL ACCOUNTANT
REPORTING TO: FINANCIAL PLANNING AND REPORTING MANAGER
LOCATION: DAR ES SALAAM
The role's objectives are mainly on improving the quality of financial management and systems that support the Bank's wide business objectives. Specifically to support the Financial Planning and Reporting Manager in executing his/her mandate of ensuring proper financial accounts are prepared accurately and on time; BOT returns are filed accurately and on time; taxes are correctly computed and paid on time. The role holder requires strong month end exposure including bank reconciliation, variance analysis and journal production.

Key responsibilities:
General ledger maintenance--regular reconciliation of general ledger accounts especially suspense accounts.
Maintain fixed asset register for the business unit.
Resolve accounting discrepancies, these include reviewing the unusual movements in the general ledger accounts and make follow for corrections.
Preparation of monthly expense accruals, provisions and amortization joumals.
Review the unusual movements on the Trial balance and general ledger and make follow for .
Daily reconciliation of Nostro bank accounts, ATMs, Finance Suspense accounts and ensures no long pending items.
Monitor and review accounting and related system reports for accuracy and completeness.
Produce accurate weekly and monthly returns for the Bank of Tanzania.
Timely remittance of statutory payments i.e. withholding tax. VAT, quarterly tax provisional retums etc.
Align performance objectives in line with the line manager and departmental objectives.
Regularly review people performance to trigger feedback and prompt actions to ensure objectives for individuals and team are met Such actions include recognition of outstanding performance, taking corrective measures, which may include coaching, mentoring, and training to develop new !ikills or attitudes.

Qualifications and experience required:
A university degree in business or equivalent
Full CPA q!Jalifications
Relevant professional Qualifications in accounting.
Three to five years' experience-post attainment of professional qualification, this includes five years' experience in middle to senior management role ,
Experience in banking and/or other financial institutions would be added advantage.
Practical experience in use of relevant MS Office applications.
Good understanding of IFRS.
Good understanding of taxation laws.
Practical experience in use of banking software and Enterprise Resource Programs,(ERPs_ sAP, Oracle, Pastel etc)

APPLICATION INSTRUCTIONS:

If you are interested, and ready for great challenges, please send Your application letter enclosing full Curriculum Vitae copies of relevant certificates and testimonials, three names & addresses b referees whom should be from ,employer by 17th July 2015. We thank all those who Will show interest in working with us, but regret we will only be able to contact short listed candidates. ,

Head of Human Resources,
2nd Floor, Amani place -Ohio Street,
P.O. Box 9640,
Dar es Salaam,
Tanzania.
Financial Accountant - Commercial Bank of Africa (Tanzania) Limited Financial Accountant - Commercial Bank of Africa (Tanzania) Limited Reviewed by Unknown on 12:04:00 PM Rating: 5

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