Senior Finance Officer Job at Benjamin William Mkapa Foundation (BMF) - Career Opportunity in Tanzania
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Vacancy title:
Senior Finance Officer

[ Type: FULL TIME , Industry: Health Care , Category: Accounting & Finance ]

 

Jobs at:

Benjamin William Mkapa Foundation (BMF)

Deadline of this Job:
09 March 2020  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Summary
Date Posted: Wednesday, February 26, 2020 , Base Salary: Not Disclosed


JOB DETAILS:
The Benjamin William Mkapa Foundation (BMF) is a non- profit Trust, which was established in 2006 with the general objective of supplementing and complementing the development efforts of the Government of the United Republic of Tanzania. We envision healthy lives and well-being for all, in Tanzania and the rest of Africa. This vision can be achieved through empowered workforce, which is self-motivated, committed to growth and integrity, and seeks excellence in execution. BMF seeks for innovative, self-driven, dynamic and competent qualified candidates to fill the below vacancy: –

Position Title: Senior Finance Officer
Reports to: Program Manager,
Direct Reports: Accountant (s)
Department: Finance and Grants
Duty Station: Benjamin Mkapa Foundation - Headquarters, Dar es Salaam

Overall Purpose of the Job:
To effectively develop, manage and administer Fellows program plans for proper recording, documentation, controls, monitoring and reporting of financial operations in compliance with BMF as well as Donors such as USAID rules and regulations. .

Job Specifications:
A. Budget and Plans
• Prepare inputs for periodic (quarterly and annual) budgeting as per provided guidance by the Donor and BMF Management
• Conduct periodic reviews on budget performance and ensure alignment to the signed agreement between BMF and USAID
• Consult with Program Team Lead and the Finance departmental management on the fiscal aspects of Fellows Program planning, including salary recommendations, and other administrative actions

Cash flow projection & forecast
• Prepare and monitoring cash flows for timely financial decisions for the project
• Conduct reviews and evaluation of cost-reduction opportunities and alerts for any areas of cost increase for donors/SMT approval
• Oversee the monitoring of expenditure, budgeting and variance and submit to the Finance Manager and Project Team lead timely.

Management & Financial reports
• Carry out strategic analysis of the Program finances and undertaking financial modeling and forecasting for the Fellows Program
• Assessing financial implications of new/arising demands/directives from the Donor and/or other decision-making levels.
• Providing and interpreting other financial information related to the Project including any financial/taxation regulations amendments occurring at the country level;
• In collaboration with the Department of Program, effectively manage the Fellows Payroll and ensure timely reconciliation and reporting
• Preparation of various financial reports as per agreement with the donor and the BMF Management i.e. monthly, quarterly, semi-annually and annual management accounts and donor required
• In collaboration with the Program Team lead, present the fellows program financial reports to the BMF SMT
• Review and respond to USAID raised queries on the report and ensure timely and quality resubmission (in consultation with SMT)
• Preparation of the Fellows Program books of accounts including periodic reconciliations as per defined BMF internal control structure and systems, as well as the interpretation of the same
• Prepare statutory financial statement of the Fellows Program and submit them to relevant parties
• Analyze financial risk assessment and ensure placement and attendance upon the mitigation strategies • In collaboration with the Director of Finance and Grants, establish, maintain, and coordinate the implementation of Fellows Program accounting and accounting control procedures

Subordinates effectiveness
• Supervise and develop staff working for the Fellows Program within Finance dept.
• Monitor performance and efficiency of the direct reports as well as motivate and inspire higher productivity.


Job Skills: Not Specified


Qualification & Experience
• First degree in finance or related field, plus CPA (T) or its equivalent. Having a second degree on Business Management or related field, will be an added advantage.
• At least 6 years of experience and having an experience working with the donor financed project particularly USAID, will be an added value;
• Specialized knowledge in an automated Accounting packages.
• Good understanding of international and local organizations financial practices.
• Excellent budgeting and financial management knowledge as well as use and literate upon computer programs.


Job Education Requirements: Not Specified


Job Experience Requirements: Not Specified


Work Hours: 8

 

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Job application procedure
For all interested candidate, please find detailed job requirement for each position from our website: www.mkapafoundation.or.tz
For all interested candidate send your achievement focused CV, copy of relevant academic certificates and cover letter addressed to the Chief Executive Officer, Benjamin W. Mkapa Foundation, via email: hr@mkapafoundation.or.tz
The deadline for application is on Monday, 9th March 2020
BMF is an equal opportunity employer and we value diversity


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Job Info
Job Category: Accounting/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: 9th March 2020
Duty Station: Tanzania
Posted: 26-02-2020
No of Jobs: 1
Start Publishing: 26-02-2020
Stop Publishing (Put date of 2030): 26-02-2065
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