Head of Finance

Location: Dar Es Salaam, Tanzania Reporting Line: Managing Director

About the Role

We are seeking a highly skilled and strategic Head of Finance to join our team in Dar Es Salaam. Reporting directly to the Managing Director, you will coordinate the provision of effective financial support services within the business. You will play a pivotal role in ensuring that all financial operations comply with legislation and company policies.

Key Responsibilities

Financial Planning & Budgeting

• Prepare and ensure the timeous submission of the region's annual budget for Head Office approval, conforming to defined budget guidelines and principles.
• Maintain expenditure within approved levels by ensuring compliance with budgetary control procedures.
• Prepare and submit accurate forecasts of monthly results timeously, facilitating the implementation of proactive measures to obviate unacceptable outcomes.

Accounting & Administrative Control

• Ensure timeous and accurate processing of decentralized accounting transactions on the ERP system, maintaining detailed records with supporting source documentation.
• Manage the regional Accounts Receivable function, implementing effective credit control measures to ensure that cash flow is maximised.
• Analyze and evaluate monthly accounts, reviewing actual performance against budget, identifying trends, and highlighting variances to provide accurate management information to the Managing Director.
• Implement cost-saving initiatives.
• Effectively coordinate litigation, insurance, and other claims.

Leadership & Team Development

• Effectively manage subordinate personnel in terms of performance assessments.
• Drive skills development and career path planning for your team.

Health, Safety & Compliance

• Participate in the design, development, review, implementation, and monitoring of the branch/region/national safety plans for each year.
• Participate in safety forums created by the company, such as safety meetings and safety talks, and report all safety incidents to the relevant people.
• Discuss all safety incidents on all levels and follow up on any activities assigned through safety meetings, committees, or management.
• Attend safety education and refresher programmes, comply with safety policies at the workplace, distribute safety information as required, and wear protective clothing all the time.
• Ensure compliance with all statutory, tax, and compliance obligations.

Minimum Requirements

Education & Qualifications

• Relevant Bachelor's degree in Financial Management or Accounting (postgraduate degree highly advantageous).
• Qualified Chartered Accountant (or recognized equivalent professional accounting certification).

Experience

• Minimum 5 years' Senior management experience in Accounting and/or Finance.
• Knowledge of local tax law and company law.
• Familiarity with security industry legislation is advantageous.

Core Skills & Attributes

• Leading People, Managing Professionally, and Managing Conflict.
• Communication (Written and Verbal) and Computer literacy.
• Accounting and auditing skills.
• Customer Thinking, Collaborating and Co-operating, Relationship Building, and Innovation.

Our Core Values & Leadership Expectations

As the Head of Finance, you will be expected to role-model behaviors that align with our core values:

• Integrity and respect: Build relationships on trust, deliver on promises, treat people fairly, and listen to each person individually.
• Safety and security: Really care about protecting people and assets from harm, evaluate risks objectively, and learn from incidents elsewhere to prevent them locally.
• Service excellence: Understand what our customers need, do things properly the first time, and have a passion for improving standards.
• Teamwork: Share knowledge and experience, ask colleagues for advice to deliver for customers, and air conflict early and constructively.
• Innovation: Look for new ways to help our customers, use technology to enable people, and make global solutions work locally.