FINANCE MANAGER

Location
ZANZIBAR ISLAND
Salary
Competitive Salary & Benefits
Posted
24 Nov 2016
Closes
22 Dec 2016
Sector
Hotel
Job Level
Management

MINIMUM REQUIREMENTS & QUALIFICATIONS

Education

  • University degree or college diploma in Accounting, Commerce, or Business Management/ Administration.

Professional designation

  • Chartered Accountant, Certified General Accountant, or Certified Management Accountant designation is an asset.

Knowledge, skills and abilities

  • Knowledge of generally accepted accounting and internal control principles.
  • Knowledge of Employment Standards, Occupational Health and Safety, and Human Rights.
  • Strong analytical, problem solving and decision making skills to evaluate alternatives and provide recommendations on business issues.
  • Well-developed written and oral communications skills.
  • Ability to work in a team environment.

Proficiency in the use of computer programs

  • Accounting (Simply Accounting, Sun Accounting, etc)
  • Word processing (MS Office)
  • Spreadsheets (MS Office)
  • E-mail (MS Office)
  • Internet

 

DUTIES & RESPONSIBILITIES

Financial accounting and reporting

  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles.
  • Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.
  • Ensure that all statutory requirements of the organization are met including Withholding Payments, Income Tax, Goods and Services Tax.
  • Prepare all supporting information for the annual audit with the approved external auditor.
  • Prepare all supporting information for authorized groups such as the Revenue Boards and Social Security Boards.
  • Document and maintain complete and accurate supporting information for all financial transactions.
  • Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
  • Reconcile bank and investment accounts; and manage cash flow.
  • Review monthly results and implement monthly variance reporting as compared to budget.
  • Manage the cash flow and prepare cash flow forecasts in accordance with Company policy.
  • Manage the bookkeeping function, including maintenance of the general ledger, accounts payable, accounts receivable and payroll.
  • Develop and implement policies and procedures as required to ensure that personnel and financial information is secure.
  • Assist the General Manager with financial reporting as required at Board meetings and the Annual General Meetings and provide advice to support the decision making process.

Payroll preparation and administration

  • Prepare all payroll functions to ensure that employees are paid in a timely and accurate manner.
  • Assist with the negotiations and manage the employee insurance and benefits plans.
  • Process and submit statutory and benefits remittances on time.
  • Manage the tracking of vacation, sick leave and other leave according to Company policy and local labour laws.

Budget preparation

  • Using the “Zero-Based” approach for budgeting, prepare the annual budget in consultation with the General Manager and other HOD’s.
  • Assist staff with the preparation of budgets for funding applications.

Project management (activity centers) accounting

  • Provide accurate and timely reporting on the financial activity of individual projects.