Finance Officer (2 Posts) at ASA Microfinance

ASA Microfinance Tanzania Limited (ASAMTL) is a subsidiary of ASA International, one of the world’s largest and fastest-growing international microfinance banking institutions in Asia and Africa (“ASA International” or the “Group”).

ASA International promotes financial inclusion and has successfully shown that access to financial services helps to reduce poverty and promotes socioeconomic progress for its predominantly female client base. The company operates in Tanzania with a focus on empowering low-income individuals, particularly women, by providing them with access to affordable financial services. ASAMTL is looking for highly motivated and competitive individuals to fill the below positions.

Job Responsibilities:

• Maintain all petty cash on a daily basis.
• Prepare monthly, quarterly, and annual financial reports.
• Review and implement financial policies.
• Participate in financial audits.
• Maintain and record-keeping books of accounts and reconcile the accounts on a timely manner.
• Respond to inquiries from the Chief Financial Officer and ASAI Dhaka Team regarding financial results, special reporting requests, and the like.
• Liaison with the respective government department, submitting returns, and maintaining proper compliance with them.
• Handle company tax, pay tax, and other withholding tax.
• Ensure and handle external and internal audits.
• Ensure the timely reporting of all monthly financial information.
• Ensure the accurate and timely processing of positive pay transactions.
• Ensure monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
• Collaborate with other departments in the organization to support overall department goals and objectives.
• Monitor and analyze departmental work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
• Assist in the development and implementation of new procedures and features to enhance the workflow of the department.
• Maintain liaison with the bank and financial institutions regarding loans and assist the controller in the daily banking requirements.
• Ensure the optimum utilization of funds.
• Frequently visit different branches when and as necessary.
• Accomplish day-by-day activities, ensuring nothing is pending.

Academic Qualification & Experience Requirements:

• Minimum bachelor’s degree in Accounting, Finance, or related subjects.
• Certified Public Accountant (CPA) will be an added advantage.
• MSc/MBA is a plus.
• Minimum 2 years of professional experience in Finance or Accounting roles is a MUST.
• Preferably experience in working with NGOs/Financial Institutions/Banks/Consultancy firms.
• In-depth knowledge of corporate financial law.
• Proficient in the use of MS Office and financial management software (e.g., SAP).

General Requirements for Applicants of All Posts:

• Application Letter.
• Curriculum Vitae enclosing details of work experience, skills, and postal and telephone contacts of three referees.
• One current passport-size photograph attached to the CV.