Vacancy title:
Finance Officer
Jobs at:
FSDTanzaniaDeadline of this Job:
Wednesday, March 20 2024
Summary
Date Posted: Thursday, March 07 2024, Base Salary: Not Disclosed
JOB DETAILS:
About the Job
We are seeking a detail-oriented and experienced Finance Officer to join our dynamic team. As a Finance Officer, you will play a pivotal role in ensuring the financial health and integrity of our organization. Your responsibilities will include managing financial transactions, budgeting, preparing financial reports, and supporting overall financial operations.
Key Responsibilities
Financial Planning and Budge0ng
• Develop, monitor, and update project budgets in accordance with European Union (EU) regulations and guidelines.
• Collaborate with project managers and partners to ensure accurate budget allocation and utilization.
• Conduct periodic financial forecasting and variance analysis to ensure budget adherence.
Financial Repor0ng
• Prepare accurate and timely financial reports for submission to the EU funding body.
• Ensure compliance with EU reporting requirements and standards.
• Maintain financial records and documentation for audit and compliance purposes.
• Coordinate with project teams to gather financial data and support the preparation of narrative reports.
Compliance and Risk Management
• Ensure compliance with organization and EU funding regulations, procurement rules, and financial guidelines.
• Identify and mitigate financial risks and implement controls to prevent fraud and irregularities.
• • Support internal and external audits by providing necessary documentation and information. IV. Grant Management:
• Conduct due diligence on sub-awardees to assess their financial capacity and compliance with grant requirements.
• Monitor the disbursement of funds and ensure proper utilization in line with grant agreements.
• Liaise with project partners to ensure compliance with grant requirements.
• Collaborate with external auditors to facilitate project audits and address audit findings.
Role Requirements
Qualifications and Relevant Experience:
• Bachelor’s degree in finance, accounting, or a related field; Professional certification (e.g., ACCA, CPA) is a plus.
• Minimum of 5 years of experience in financial management, preferably with EU-funded projects.
• Strong knowledge of EU financial regulations and guidelines.
• Proficiency in financial software and tools (e.g. Excel, accounting software -SAGE 300 ERP).
• Excellent analytical, problem-solving, and organizational skills.
• Ability to communicate effectively, both orally and in writing in English and Kiswahili.
• Computer proficiency, including working knowledge of MS Office products, capacity in web-based management tools.
• Presentation and communication skills; including good written and spoken English and Swahili
Personal Characteristics
• Commitment & Drive for Results
• You have values and personal ambitions that are aligned with FSDT’s goals to support the financial sector to offer inclusive and sustainable financial solutions.
• Initiative & Decisiveness
• You have a strong sense of ownership; taking personal responsibility for work, the impact we are seeking, and the achievement of critical higher-level goals. You are proactive in seeking out information or resources necessary for success, and you’re able to overcome problems or obstacles with a ‘can-do” attitude.
• Learning & Innovation
• You continually improve your skills and knowledge and role-model a personal commitment to professional development. You are quick to recognise opportunities or new ideas and make use of them in your own work; and you respond to a new situation, or tough feedback, by learning, adapting, and improving.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Please submit your application via email to vacancy@fsdt.or.tz Only short-listed candidates will be contacted.
Application Deadline: 20th March 2024
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