Bio
Credentials
-
Certified Public Accountant - ACPA (T)
The National Board of Accountants & Auditors Tanzania.
Experience
-
Panafrican Equipment Group
-
Dar es Salaam, Tanzania
-
Finance Manager
-
Dec 2022 - Present
-
Dar es Salaam, Tanzania
- Manage the Company's Finance & Administration Department (10 direct reports).- Preparation of entity's annual budget and presenting to the GM & Group CFO. Approx $15m Revenue & $3m Opex.- Preparation of Monthly Management Accounts & Provide business performance Analysis to the GM.- General ledger Management, ensuring accurate accounts are prepared as per IFRSs, by the Team.- Monthly Balance sheet accounts reconciliation review, ensuring they are updated & correct. Ensuring Inter Company AR & AP are reconciled and updated.- Lead all external Audits and working closely with the external Auditors, including FS preparation.- Lead all TRA Tax Audits & ensure Tax and all statutory compliance. (Reduce tax liabilities).- Cashflow planning & treasury management. (Receivables, Payables, Inter Company, forex, bank, loans).- Supervise and ensure all internal controls are adhered to (from Fixed Asset, Inventory, P2P, DOA Matrix),- Contracts Management, negotiation and review. (Suppliers, Customers, Legal, Admin).- Provide leadership, guidance and appraisal to the Finance team.
-
-
-
Aggreko Energy Rentals Tanzania Limited & Aggreko International Projects.
-
Dar es Salaam, Tanzania
-
Finance Manager -Tanzania
-
Jun 2020 - Nov 2022
-
Dar es Salaam, Tanzania
- Ensuring timely production of management reports & Variance analysis (working capital, Ops KPIs)- Accurate monthly forecasting process in P&L and Balance sheets for the Tanzanian Business.- Ensuring accurate financial accounting & GL management (GL recons, postings) as per IFRSs,- Preparation, compilation & presentation of the annual budget (Average $10m in Revenue, $5m Opex, $3m Capex) to the East African Management.- Monthly BS reconciliations review ensuring all gaps & pending items are closed, schedules are updated.-Management of receivables, payables, inventory and Fixed Assets.- Ensuring adherence of all internal controls processes and procedures (P2P, DOA, Supplier onboarding, Customer credit limits, due diligence, FCC, Bank mandates)- Assist in in implementation of financial & ERP systems.- Tax management & compliance (Lead Tax audits, on time Tax fillings, & compliances). - Responsible for Managing internal & external audits. Preparation of Annual Financial statements liaising with the external Auditors.- Cashflow Management and forecasting, a balance between Expected collections and payments.Key Achievements- Successfully Lead Multiple Tax Audits & manage reduce tax liabilities up to 70% from the initial findings.- Involved in enrolling multiple ERP systems in the company.- Successfully lead the Finance Department to consecutive on time Filling of the Financial statements.
-
-
-
-
Finance Manager - DZ Card (Africa)
-
Aug 2019 - May 2020
-
-
-
Achelis Group
-
Dar es Salaam, Tanzania.
-
Senior Accountant
-
Jan 2015 - Aug 2019
-
Dar es Salaam, Tanzania.
- Ensuring the accurate and complete accounting, reporting and Internal control systems are functioning correctly.- Providing advice and corrective actions in response to Audit & other queries to ensure adherence to the organizations financial rules and regulations.- Preparing & verifying bank payments and ensuring that accompanying supporting documents are complete.- Preparing monthly statutory Taxes & Fees. i.e VAT returns, WHT, SDL, WCF, stamp duty e.t.c.- Petty Cash Management & Bank reconciliation.- Managing of multiple Customer's and Supplier's accounts.- Preparation of Monthly debtor's Analysis report and cash flow forecasting.- Providing analysis of Financial information to the Management.Key Achievements:* Able to meet key reporting deadlines for Final Accounts for the past 3 years.* Initiate strategies to reduce the non moving inventory by 10%.* Assist the organization to achieve compliance in the area of Taxation and International Financial Reporting Standards (IFRS).
-
-
-
AngloGold Ashanti Tanzania
-
Geita, Mwanza.
-
Cost Accountant
-
Aug 2011 - Dec 2014
-
Geita, Mwanza.
Reporting to the Management Accountant I was responsible for;- Preparation of Monthly & Quarterly cost report for departments.- Preparation of Monthly Variance analysis report.- Providing comments for variances, investigating cause of variance and suggest ways to mitigate them.- Preparation and Consolidating Departmental Budgets from HODs, and Head of Unit inputs.- Volume/Price efficiency analysis together with monitoring measurable efficiency improvements on cost.- Monthly Creditor's reconciliation and approve Supplier's Tax invoices for payments.- Various journal posting and General Ledger Maintenance.- Report on issues regarding cost effectiveness.Key Achievements* Improve cost awareness among employees in the department i.e smart printing, cost effectiveness and efficiency.* Establish Cost awareness campaign in my department through monthly cost report flyers for the key cost drivers within the department.* Reduce unnecessary spending within the department. i.e cost reduction.
-
-
-
Geocon Company Ltd
-
Dar Es Salaam
-
Accountant
-
Nov 2010 - Jul 2011
-
Dar Es Salaam
Reporting to the Senior Accountant, key roles included;- Invoice Journal Posting.- Approving of time sheets, for wages.- Ensuring that Suppliers are paid in time.- Attending tender opening.- General Ledger maintenance.
-
-
Education
-
2009 - 2010University of Wales, Cardiff
Master of Business Administration (MBA), Finance -
2006 - 2009University of Wales Lampeter
Bachelor's degree, Business Administration and Management, General -
Aga Khan Mzizima
A Levels, PCM
Suggested Services
This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection
Industry Focus. “Machinery Manufacturing”
Need a custom project? We'll create a solution designed specifically for your project.
References
Community