Finance Manager Job in Tanzania | Hesu Investment Ltd - October 2024 - Electrotza.com

Job Title: Finance Manager

Job Type: Full-time
Location: Hesu Investment Ltd, Tanzania
Date of Advert: 09/10/2024
Application Deadline: 18/10/2024

Company Overview:
Hesu Investment Ltd has been a licensed operator of an Inland Container Depot (ICD) under the Tanzania Revenue Authority since 2012. Our depot, strategically located on 9 acres of paved yard, has the capacity to store 3,800 Twenty-Foot Equivalent Units (TEUs) stacked 5 high. Our mission is to exceed client expectations by continually enhancing our services in the ICD and Container Freight Station (CFS) industry. Our team is passionate about achieving excellence in logistics and transportation.

Job Summary:
The Finance Manager will oversee financial planning, budgeting, forecasting, and accounting activities, ensuring the financial health and compliance of the organization. This role manages a team responsible for accounts payable, accounts receivable, and financial control, ensuring that financial operations run efficiently and in alignment with regulatory standards.

Key Responsibilities:

1. Financial Planning and Analysis:

   • Develop financial strategies in line with company goals.
   • Conduct budgeting, forecasting, and financial analysis to support decision-making.

2. Budget Management:

   • Manage financial reporting, budgeting, and analysis.
   • Ensure compliance with statutory requirements and financial regulations.

3. Accounting and Financial Reporting:

   • Oversee day-to-day accounting operations, including accounts payable/receivable and general ledger.
   • Prepare financial statements and reports in accordance with local and international accounting standards.

4. Cash Flow Management:

   • Manage cash flow and working capital.
   • Supervise billing processes and ensure timely financial reporting.

5. Audit and Compliance:

   • Coordinate external audits.
   • Ensure adherence to tax regulations and maintain effective internal controls.

6. Financial Risk Management:

   • Monitor market trends and assess financial risks.
   • Implement cost-cutting measures while increasing compliance and profitability.

7. Team Leadership:

   • Lead, mentor, and train the finance team.
   • Ensure job descriptions are well-defined and responsibilities clearly allocated.

8. Cost Control & Fleet Management:

   • Monitor logistics-related costs and implement cost-saving measures.
   • Oversee financial aspects of fleet operations, including vehicle maintenance and insurance.

9. Vendor and Supplier Management:

   • Manage financial agreements with suppliers and logistics providers.
   • Ensure timely payment of vendors while optimizing cash flow.

10. Technology and Systems Implementation:

    • Manage the financial aspects of logistics and fleet management systems.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or related field. MBA/CPA/CMA is a plus.
• 5+ years of experience in transport and financial management, ideally within the ICD/CFS sector.
• Strong knowledge of financial regulations, accounting principles, and budgeting processes.
• Excellent analytical, communication, and leadership skills.
• Proficiency in financial software and Microsoft Office Suite.

How to Apply:
Interested candidates should submit their resume and cover letter to recruitment@hesu.co.tz by 18th October 2024.

Equal Opportunity Employer:
Hesu Investment Ltd is an equal opportunity employer, committed to providing a work environment free from discrimination and harassment.