Summary
Date Posted: Thursday, June 22, 2023 , Base Salary: Not Disclosed

JOB DETAILS:
Position Description
The Sr Finance Analyst plays a key role in providing financial analysis of manufacturing costs with the goal of proactively influencing business decisions.

Role Responsibilities
• Perform financial analysis, including variance analysis, trend analysis, and financial modelling, to support budgeting, forecasting, and financial planning processes.
• Analyse and interpret financial data, identifying key trends, risks, and opportunities.
• Prepare and present comprehensive financial reports, including financial statements, profitability analysis, and key performance indicators (KPIs), to senior management and stakeholders.
• Assist in the development and evaluation of financial models and business cases for new initiatives, projects, and investments.
• Conduct research and analysis on industry trends, competitor performance, and market conditions to provide insights and recommendations.
• Collaborate with cross-functional teams, such as accounting, operations, and sales, to gather relevant financial information and ensure accuracy of data.
• Monitor and track financial performance against budgets and targets, identifying areas of improvement and recommending corrective actions.
• Participate in financial forecasting and planning activities, supporting the development of annual budgets and long-term financial strategies.
• Stay updated with relevant financial regulations, accounting principles, and industry best practices to ensure compliance and accuracy in financial reporting.

Key Results/Accountabilities
• Ensure accuracy and timeliness in processing general ledger entries, fixed assets transactions, banking transactions, preparing financial and management reports, balance sheet reconciliation, and supporting local statutory and tax (direct and indirect) in accordance with internal policies and procedures, local accounting standards and requirements.
• Work closely with client Operating Units Finance to understand current activities and ensure all changes are reflected in financial statements.
• Regularly track and resolve outstanding issues being identified and escalate to relevant parties as necessary.
• Liaise with internal/external stakeholders as and when necessary
• Ensure service level agreements (SLA) and monthly performance and productivity KPIs are met
• Ensure the ownership for all applicable internal controls related to client processes.
• Proactively work with team lead/manager to identify, propose and implement continuous process improvement opportunities in existing processes.
• Participate in continuous process improvement projects and plans
• Involvement in ad hoc activities or projects.

Skills:
• Exhibits solid understanding of P&L concepts and accounting principles, including budgeting, forecasting, and reporting of results
• Synthesizes information from disparate sources to deliver comprehensive and actionable insights
• Demonstrates critical thinking and analytical problem-solving skills
• Partners and communicates effectively across functions and with upper levels of management
• Self-starter, inquisitive and makes process improvement recommendations
• Balances pressures and demands of multiple customers and competing priorities
• Advanced skills in Microsoft Excel and PowerPoint
• SAP or other ERP system experience and knowledge

Relevant Qualifications/Experience:
• Bachelor Degree in Accounting or related field, and/or professional accounting qualification (ACCA/CPA/MIA etc.)
• MSc/MA in Finance is an added advantage
• Minimum 6 years working experience with 2 years experience in handling full set account
• Prior experience in Audit and tax is an added advantage
• Proven experience as a Financial Analyst or similar role, with relevant work experience.
• Strong analytical skills and ability to work with complex financial data, performing data analysis and interpretation effectively.
• Proficient in financial modelling techniques.
• Solid understanding of financial statements, financial ratios, and key financial metrics.
• Excellent attention to detail, with the ability to ensure accuracy and reliability in financial analysis and reporting.
• Strong written and verbal communication skills, with the ability to present complex financial information in a clear and concise manner.
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
• Strong problem-solving skills and ability to think critically and provide valuable insights.
• Familiarity with financial software and systems, such as ERP systems and financial reporting tools, is desirable.

Note:
We encourage Female Candidates to apply for this role.


Work Hours: 8

Experience in Months: 72

Level of Education: Bachelor Degree

Job application procedure

Qualified candidates are invited to share Cover letter, CV and Academic Certificates not later than 15th July, 2023 to application@expertconsultancy.co.tz. 


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