Finance Manager
Super Sip Limited
Total years of experience :14 years, 0 Months
Key Performance Highlight:
• Managing and improving the company’s entire financial accounting, monitoring and reporting system
• Responsible for the preparation of monthly financial results, budget, and quarterly forecasts.
• Perform detailed analysis of financial reports and interpret financial information to managerial staff while recommending further course of action.
• Advice on investment activities and provide strategies that the company should take.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Liaise with auditors to ensure appropriate monitoring of company financial statement and reporting the same to the management.
• Playing a strategic role in managing the company’s finances, budgets and associated business interests.
• Prepare and file the necessary periodically tax returns according to law of Taxation.
• Manage the direct (Corporate Tax, PAYEE, SDL, Withholding Tax) and indirect taxation (VAT, Excise and Customs Duty). Reply to revenue authority’s query / observation.
• Analyze costs, pricing, contributions, sales results and the company’s actual performance compared to the business plans.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Devise and use fruitful sourcing strategies, discover profitable suppliers and initiate business and organization partnerships.
• Responsible for monitoring stock levels and performing inventory reconciliations
• Negotiating and working with variety of internal and external stakeholders on issues of mutual financial concern
• Responsible for reviewing accounts payable and receivable and their authorization
• Review and make decisions on credit limits of new and existing customers.
Key Performance Highlight:
• Supervised accounting activities are in accordance with established legal, regulatory and company procedure.
• Prepared monthly, quarterly and annual financial and management report. Analysis of the books thereon and reporting to management.
• Prepared MIS Report for management.
• Customer and Supplier - checked procurement policies followed, Proper Invoice documentation, periodically accounts reconciliation and Payments and Receipts on time.
• Insurance: checked that accounting as per regulatory framework, useful policies purchased, insurer paid right claim on right time, insurance premium finance etc.
• Ensured effective financial internal control.
• Reviewed Monthly Payroll - make sure that employee paid correct also deductions and statutory compliance.
• Managed with Bank working capital facility and term loan facility.
• Coordinate with auditor and checked that statutory financial statement are in complied with IAS / IFRS and Government regulation.
• Deal with Tanzania Revenue Authority regards to taxation matters.
• Established and maintained effective business relation with vendors, suppliers, banks, external auditors, internal auditors, and regulators.
• Complete tender documents, prepare contract etc.
Key Performance Highlight:
• Income Tax & VAT compliance, review and preparation of periodical tax returns
• Analyze accrual accounts for deductibility pertaining to the provision of tax law.
• Identify report-able transaction disclosures for Tax Audit.
• Responded to all the tax notices and other queries from various tax departments in timely manner
• Maintain accounting system of KK Construction, AJ Construction & Golden Dairy.
• Prepare time and Cost budgets, planned and conducted audit preparation, served as liaison during all audit phase.
• Supervised and organized a team of 3 to 4 junior associate to resolve problems and achieve reporting deadline.
• Conduct client interviews and led internal meetings to facilitate effective and efficient audit planning and execution.
• Communicated with client and proactively sought for timely feedback for improvement in order to maximize client satisfaction.
• Performed risk assessments, data analysis and financial review. Complied, presented audit findings and suggested practical business improvement.