DEPUTY FINANCE MANAGER at The Tanzania - China Friendship Textile Co. Ltd

The Tanzania - China Friendship Textile Co. Ltd is a Joint Venture Company between the Government of Tanzania and China. The Company runs a number of factories from Spinning, Weaving to Processing (Printing) textiles and is one of the big textile Companies in the country. In order to meet its aspirations the Company needs to fill existing vacant positions.
The persons should be dynamic, dedicated, self-motivated to meet new challenges, young candidates are encouraged to apply.
The Company therefore, invites candidates with competent skills to fill the following vacancies.


i) Reports to: Finance Manager
ii) Supervises: Accountants and Finance Officers

• Holder of Bachelor Degree in Accounting or Finance from a reputable and recognized University.
• Holder of Master Degree in Accounting, Finance or Commerce and must have CPA (T) or ACCA or equivalent and registered with NBAA,
• Working experience of at least five years in the relevant field of which two at Management level, Possession of knowledge of computer and financial management systems.
Key duties and responsibilities
The Deputy Finance Manager will be responsible for managing, controlling and monitoring finance and financial systems of the Company.
In particular she/he will be responsible for:
a) Advising the Finance Manager on matters related to Finance and Accounting
b) Supervising the preparation of monthly and annual financial performance reports of the Company.
c) Supervising the preparation of annual financial statements and co-ordinate with the external auditors.
e) Supervising the preparation of annual operating and capital expenditure budgets for the Company.
f) Recommending suitable provision for all doubtful debts and ensuring that provisions and accruals made are adequate.
g) Performing routine activities such as authorizing all payment vouchers, debit notes, checking journal correct and timely payment for the goods and services obtained by the Company.
h) Attending tax matters of the company.
i) Monitoring and controlling all receivable account including amount due from clients and staff.
j) Reviewing daily cash flow statements, stating daily cash and bank balance positions
k) Ensuring effective co-ordination of duties in the Department.
I) Ensuring efficient use of resources in the Department
m) Monitoring the performance of the Department against agreed performance targets.
n) Performing any other duties as assigned by the Finance Manager and Top Management from time to time


Qualified Candidates should send applications marked on top of the envelop the Job Number (IN) to the address below enclosing;
Curriculum Vitae with two referees
Copies of relevant certificates and awards
One passport size photograph attached to application letter.
The deadline for receiving applications is on the 8th July, 2016 at 1400hrs.
Only shortlisted Candidates will be contacted
Apply to: The General Manager,
Tanzania - China Friendship Textile Co. LTD,
P.O.BOX 20842,
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