Job Opportunity at ELCT- ECD, Financial Coordinator
We are looking for a competent Financial Coordinator to provide financial oversight and administrative support to ZANZIC to achieve programme sustainability and success in accordance with defined targets, strategies and goals.
Reporting to: The Coordinator General
Type of Job: Contract
Salary Scale: As per ECD Scale
Job Location: Zanzibar
Zanzibar Interfaith Centre (ZANZIC) is an office under the Eastern & Coastal Diocese of the Evangelical Lutheran Church in Tanzania contributing to the existing interfaith activities in Zanzibar, it works with interfaith relations, mainly between Muslims and Christian. ZANZIC seeks to build these relationships through dialogue and peacebuilding projects, interfaith youth groups, and academic programs to equip and enrich the lives of local Zanzibaris.
Responsible for financial control and reporting, overseeing and coordinating day to day activities of the Finance Department and ensures alignment with the overall goals and objectives of the organization in compliance with
regulatory/statutory requirements, and preparation of master budget for the centre’s activities.
Directing the preparation of regular and special budget reports;
Interacting with all department Coordinators to submit budget plans for departmental activities and consolidate in a report;
Updating and maintaining a master budget for the ZANZIC center;
Presenting the Master Budget analysis at Senior Management Team meetings on a periodic basis for strategic planning purposes;
Ensuring a timely and well-coordinated budget preparation process;
Ensuring that all departmental budgets feed into the master budget for the center;
Summarizing budgets and submit recommendations to the Coordinator-General;
Advise the Coordinator-General on financial issues – interpretation of accounting and tax regulation issues;
Monitors all third-party payments to ensure that such payments are justified by the value of work successfully completed and are in alignment with the approved budget;
Works with the Coordinator-General to prepare the department’s annual budget and monitors implementation;
Authorizes expenditure/ transactions in line with the organization’s approved financial authority limits;
Ensure that the accounting, monitoring, and reporting are according to NRC’s and donor procedures;
Support project staff in financial matters including budget preparation, budget monitoring, and budget revisions.
Maintain budget control and monitor cash flow for ZANZIC;
Ensure development and implementation of administrative systems and procedures;
Ensures all financial documents are filed and maintained for auditing purposes;
Oversees the preparation of regular financial and management accounts;
Reviews the organization’s financial performance and prepares financial reports in line with statutory reporting process;
Works with ECD’s Headquarters’ Financial Department to ensure all project-related expenses are properly submitted for accuracy of financial reporting;
Ensure adherence to ZANZIC policies, handbooks, guidelines, and donor requirements.
Manages effective relationship with banks ensuring timely response to request/inquiries;
Develops and maintains appropriate tax structures in compliance with statutory regulations and ensures prompt payment of tax, insurance premiums and other statutory fees;
Manages accounting applications and filing systems and resolves any accounting entry discrepancies;
Prepares draft financial statements to be audited, ensuring the statements reflect the company’s financial position and comply with statutory and regulatory requirements;
Assesses financial adjustments proposed by auditors to be in line with IFRS and accounting standards;
Oversees the accounts payable and accounts receivable portfolio;
Reviews the reconciliation of all ledgers and puts in place adequate controls to reduce discrepancies. Uses insights gained for the preparation of year-end trial balance and financial reports;
Manages the company’s payroll system and ensures it remains fit for purpose;
Liaising with Coordinator-General to develop strategies to improve the growth of income and stability in finance;
Undertaking other responsibilities as assigned by the Coordinator-General.
Minimum of 5 (5) years cognate experience finance and accounting, 3 of which must have been in a management position of a similar organization.
Ability to manage financial resources involving multiple relationships and projects in a deadline-driven environment adapting to new priorities, anticipating needs, and being nimble and responsive as projects financial needs change.
In-depth knowledge of financial reporting procedures.
Bachelor’s degree in Accounting, Finance or related discipline;
MBA or Masters in related discipline is desirable.
Professional membership of a relevant accounting/finance body may be an advantage.
Skills and Competencies
Financial Strategy and Planning;
Financial Performance Reporting;
Excellent analytical skills;
Communication skills (Written and Verbal);
The high degree of independent judgment;
Excellent Management skills, system, and procedures.
GENERAL CONDITIONS AND MODE OF APPLICATION
To apply, please send your application letter explaining your interest in the role and how you match the specifications for the position,
Enclosed detailed CV and academic certificates;
All applicants must indicate two referees with their valid addresses;
Qualified and suitable Candidates are strongly advised to apply;
Deadline for application is 30th June 2020 1600hrs;
Interested Individuals with different Religious Background are encouraged to apply
How to Apply
All applications should be addressed to:
ELCT-EASTERN AND COASTAL DIOCESE,
LUTHER HOUSE BUILDING,
P.O. BOX 837,
DAR ES SALAAM.
Email: firstname.lastname@example.org with a copy to email@example.com
PHYSICAL ADDRESS: Luther House Sokoine Drive.