Finance Officer – (2 Posts) Job at ASA Microfinance

Overview

Job Title: Finance Officer – 2 Posts

Work location: Dar es Salaam

ASA Microfinance Tanzania Limited

 

 

The ASA Microfinance Tanzania Limited (ASAMTL) is a subsidiary of ASA International, Asia and Africa’s largest and fastest-growing international microfinance banking institutions (“ASA International” or the “Group”). ASA International supports financial inclusion and has successfully demonstrated that access to financial services reduces poverty and improves socioeconomic advancement among its mostly female clientele. The company operates in Tanzania, with an emphasis on empowering low-income people, particularly women, by giving them access to cheap financial services. ASAMTL is seeking highly driven and competitive individuals to fill the following jobs.

The Job responsibilities:

• To maintain petty cash on a daily basis.
• Create monthly, quarterly, and yearly financial statements.
• To review and implement financial policies.
• To participate in financial audits.
• To maintain and record books of accounts, and reconcile them on a timely basis.
• To respond to inquiries from the Chief Financial Officer and the ASAI Dhaka Team about financial performance, special reporting demands, and so on.
• To liaison with the appropriate government department, submitting returns, and ensuring correct compliance.
• To handle corporate tax, pay tax, and other withholding taxes.
• To ensure and manage external and internal audits.
• Make sure timely reporting of all monthly financial data.
• Ensure that positive pay transactions are processed accurately and timely.
• Ensure that monthly and quarterly Bank Compliance activities are completed in a timely and accurate way.
• To collaborate with other departments within the organization to achieve the overall department goals and objectives.
• To monitor and analyze departmental work to create more effective methods and resource allocation while keeping a high degree of accuracy.
• Support in developing and implementing new procedures and features to improve the department’s workflow.
• Maintain communication with banks and financial institutions on loans, and support the controller with daily banking requirements.
• Ensure the optimal utilization of funds.
• Visit various branches on a regular basis, as needed.
• Complete day-to-day tasks, ensuring that nothing is waiting.

 

 

The academic Qualification and Experience Requirements:

• Accounting, finance, or related courses require a bachelor’s degree.
• Being a Certified Public Accountant (CPA) will be advantageous.
• The MSc/MBA is a bonus.
• A minimum of two years of professional experience in finance or accounting roles is required.
• The preferably experience working with non-governmental organizations (NGOs), financial institutions, banks, or consulting firms.
• The in-depth understanding of corporate finance law.
• Proficiency in Microsoft Office and financial management software (such as SAP).

 

 

The General Requirements for Applicants to All Posts:

• The application letter.
• The Curriculum Vitae including information about job experience, talents, and the postal and phone numbers of three referees.
• One current passport-size photograph is connected to the CV.

 

The Mode of application:

The applicants who believe they are qualified for the aforementioned positions should send their applications to recruitment@asatanzania.co.tz or drop them off at the ASAMTL Head Office at House No. 01, Plot No. 87, Msese Street, Kinondoni Road (near Kinondoni Makaburini), Dar es Salaam, by 1700 HRS on February 15, 2025.

 

Take Note: Only the shortlisted candidates will be contacted for interviews. Inquiries cannot be made over the phone. No concessions will be made for interviews.