Overview

Job Title: Chief Accountant – 1 Post

Job location: Dar es Salaam, Tanzania

Britam Insurance Tanzania Limited

 

Job Goal of the Position and Principal Duties:

 

Purpose of the Job:

In addition to ensuring timely financial account preparation, the post holder will be in charge of guaranteeing the statutory accounts’ financial integrity. The Chief Finance Officer will get reports from this position.

Important duties.

  • Compile financial statements and make sure IFRS compliance.
  • Creation of monthly management accounts, such as the balance sheet, P&L, and revenue account.
  • Management of funds and control over the investment portfolio.
  • Control of the Register of Fixed Assets.
  • As needed, put financial controls into place and keep an eye out for threats to them.
  • In charge of the credit control division.
  • Assisting with external and regulatory audits and coordinating internal audit in cooperation with the internal audit department.
  • Oversee sign-offs and accounts reconciliation in collaboration with other departments.
  • To guarantee that the subordinates execute to the best of their abilities, oversee and mentor them.
  • Meet the performance standards outlined in the department’s personal scorecard, balanced scorecard, and strategic map.

 

key performance metric:

% of NEP is the expense ratio

  • Revenue from investments.
  • Respect for the law, regulations, and business needs.
  • Examine and approve the monthly bank reconciliations.
  • GL account reconciliation for all of them.
  • Claim processing and commission payment turnaround times.
  • Timely delivery of the monthly reports.

Collaborative Partnerships

Interpersonal Connections:

  • Under the Chief Financial Officer’s supervision.
  • Directly in charge of the employees under this job.
  • As needed, required to communicate and collaborate closely with the staff members of the other business departments.

External Connections:

  • Tax Authorities.
  • Supplies (Vendors).
  • External (Outside) auditors.

 

Required knowledge, expertise, and credentials are:

Requirements for knowledge, expertise, and certifications.

  • A bachelor’s degree in finance and accounting, or a degree comparable.
  • Accountant with full qualification (CPA (T) or ACCA).
  • Six years of comparable experience, two of which need to have been spent in a supervisory capacity.

Crucial Skills:

Leading and Supervising: Establishes a positive environment that supports learning and development; recognizes high potential talent within the team; sets and articulates the vision and values through own personal behavior; gives the team a clear direction based on the department’s overall strategy and objectives; and empowers and motivates others with a clear sense of purpose.

Persuading and Influencing: Obtains unambiguous agreement and commitment from others; advocates for the department’s goals and strategy during team meetings; advances ideas on behalf of the group or department; leaves a lasting personal impression on others; and exercises caution when managing the team’s reputation.

Presenting and Communicating Information: Projects credibility; speaks with ease; clearly communicates ideas, facts, and the main points of an argument; reacts promptly to audience requirements and their comments.

Respecting Principles and Values: Preserves morality and ethics; exhibits honesty; promotes collective and personal accountability for the environment and the community.

Analyzing: Analyzes numerical data and all other information sources to dissect them into their constituent parts, patterns, and relationships; looks for more details or a deeper comprehension of a problem; draws logical conclusions from the analysis and information at hand; shows that one problem may be a part of a larger system.

Planning and Organizing: Establishes well-defined team goals; plans events and projects well in advance, accounting for potential unforeseen circumstances; identifies and arranges resources required to complete tasks; efficiently manages time; and tracks team performance in relation to deadlines and benchmarks.

Delivering Results and Exceeding client Expectations: Pays close attention to the needs and satisfaction of the client; establishes high standards for both quantity and quality; keeps an eye on and maintains productivity and quality; works in an organized, methodical, and systematic manner; and regularly meets project objectives.

 

Job Details

Type of Contract: Full-Time

Type of Job: Permanent

Shift: Day Job

Date Posted: July 25, 2024

Deadline: August 7, 2024

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