Deadline of this Job: 08 August 2022
About this Job: Q-Sourcing Limited, trading as Q-Sourcing Servtec, is a manpower management solutions firm operating in the East African Region in the countries of Tanzania, Uganda, Kenya, Rwanda, and South Sudan.
On behalf of one of our Tanzania based client, we are looking for a competent and experienced Bank Reconciliations Accountant.
Job Summary:
A Job holder will be reporting to Country Chief Finance Officer and will be responsible for the monthly reconciliation of a numbers of General ledger accounts, including the Bank Account reconciliations. Principal source of advice and primary contact for staff and external parties relating to bank account transactions.
Main activities.
• Monitor all banking activities to detect irregularities
• Investigate all transactions to prevent fraud
• Provide feedback to the accounting department on how to improve on internal controls, and pinpoint areas where risks relating to banking transactions can be minimized
• Provide documentation for the purpose of supporting all financial transactions
• Prepare monthly bank reconciliation reports regarding all cash deposits to the bank(s)
• Assist auditors – internal and external – with documentation required for the auditors to do their job satisfactorily
• Perform the reconciliation and verification of accounts regarding cash at hand and cash at bank
• Reconcile and process transactions that are complex in nature
• Maintain required files, reports, and data
• Reconcile and rectify all ledger accounts belonging to vendors, customers
• Reconcile accounts that fall into receivable records with the sales invoices
• Maintain constant contacts with the company’s customers
• Follows up all transactions continuously and provide updates to the management
• Adhere to corporate standards and procedures in all reconciliation activities
• Reconcile discrepancies in different accounts.
Financial Management
• Ensure Group policies and regulatory compliance in execution of bank reconciliation activities.
• Prepare and submit Bank to Book reconciliation reports
Risk Management
• Identify the treasury risks, their various mitigations and keep track of them.
Compliance
• Ensure Group policies and regulatory compliance in execution of bank reconciliation activities.
• Adherence to all Group and In Country Policies and Procedures.
• Prepare and submit Bank and Book Reconciliation reports.
Qualifications and Requirements
• Bachelor’s degree in Accounting, Finance, Business Administration, or related field. Accounting Professional an added advantage.
• Understanding and experience of bank reconciliations.
• 2 to 4 years relevant experience in Bank Reconciliation Management.
Behavioural
• Must be of unquestionable integrity, Honesty, Trustworthiness and Professionalism
Leadership
• Must be a team player
• Must be a self-starter and have an appreciation of business growth and priorities.
• Strong Leadership potential to effectively drive a business agenda and Knowledge.
• Advanced experience with MS Office.
• Knowledge of banking relationships and covenants
• Strong understanding of banking systems
• operational coordination of activities.
Skills
• Analytical Skills
• Bank Account Reconciliation
• Knowledge of SAP ERP systems
• Understanding of entries in the Bank versus the subsystems and their impact on the reconciliation process.
Attributes include:
• Self-Starter & Action Oriented
• Ability to harness peer Relationships
• Agile and Driven
• Collaboration
• Problem Solving
• Communication Skills
Deadline of this Job: 03 August 2022
The foundation seeks the services of Legal BD Officer. This officers’ primary role will be to support the small businesses to navigate the statutory, legal and regulatory spaces in the conduct of their business. Key Responsibilities
• Advising the beneficiaries about types of business registration and pros and cons of each.
• Assist the beneficiaries in the process of registration.
• Assist the small beneficiaries in the acquisition of trading licenses and other key business elements.
• Supporting the beneficiaries in the process of drafting contracts
• Supporting the beneficiaries in the process of patenting ideas
• Educate beneficiaries on various policies governing business operation
• Support the beneficiaries in opening of Accounts with KCB Bank Tanzania for 684 beneficiaries.
• Supporting the beneficiaries in the process of registering trademarks
• Supporting the beneficiaries in the process of complying with standards bodies such as Tanzania Bureau of Standards
• Advising the beneficiaries on other legal matters that may affect the business ventures.
• Assist in industrial attachment, mentorship and coaching process
• Monitoring, evaluation and reporting for both in country and to KCBF
• Recruitment of new beneficiaries.
• Keeping track of the end-to-end process of the 2jiajiri program in the areas of expertise.
• Weekly beneficiary classroom & later field attendance Report (To be reported every Tuesday)
• Weekly learning intervention Report for classroom & practical training (To be reported every Tuesday)
• Monthly Status Report/update (To be reported by 02nd of every month)
• CSR budget management
• Timely supplier payments
• Monitoring visit plan/activities before second month of the training has elapsed
• BDS plan before 2nd month of training is completed
• Proper Filing physical & shared data (attendance sheets, reports, award letters, application forms, evaluation forms)
• Conduct at least 1 workshop on BDS-legal to BDOs
• Timely replacements of beneficiaries
• Award letters
• Timely receiving & storing of weekly attendance report from Institution
• Data collection as per GIZ & KCBF requirements
• Field attachment & job placements of beneficiaries
• Evaluation forms are correctly filled out & filed
• Selection criteria are adhered to
Requirements:
• Bachelor’s Degree in Laws
• Master’s degree in Business Management OR a Business Related Field is an added advantage