New Senior Accountant Job Vacancies at Britam Insurance Tanzania - February 2022

Senior Accountant – (2100007T)

Job Purpose and Key responsibilities
Job purpose

The role holder will be responsible for ensuring that financial accounts are prepared in a timely manner and that there is financial integrity of the statutory accounts. The role will report to the Chief Finance Officer.

Key responsibilities

  • Prepare statutory accounts and ensure compliance to IFRS’s
  • Production of statutory accounts, balance sheet reconciliations, P&L
  • Management of the Fixed Assets Register
  • Implement financial controls as required and monitor risks to financial controls
  • Supervise the credit control unit
  • Coordination of internal audit in liaison with the Internal Audit department and assist in external and regulatory audits
  • Manage accounts reconciliation and sign offs in coordination with other departments
  • Supervise the Accounts Assistants
  • Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.

Key Performance Measures

  • Expense ratio (% of NEP)
  • Compliance to legal, regulatory and operational requirements
  • Review monthly bank reconciliations and signoff
  • Reconciliation of all GL accounts
  • Turnaround time for claims & commission payments
  • Timely submissions of monthly reports

Working Relationships
Internal Relationships:

  • Accountable to the Chief Finance Officer
  • Directly responsible for staff working under this position
  • Required to liaise and work closely with the other business department staffs as may be necessary

External Relationships:

  • Tax Authorities
  • Suppliers
  • External auditors

Knowledge, experience and qualifications required

  • Bachelor of Accounting and Finance or its equivalent degree.
  • Fully qualified Accountant (CPA (T) or ACCA)
  • 6 years’ experience in a similar position, two of which must have been in a supervisory position

Essential Competencies

  • Leading and Supervising: Provides team with a clear direction based on the overall strategy and objectives of the department; motivates and empowers others with a clear sense of purpose; creates a positive climate that fosters learning and development; acknowledge high potential talent within the team; sets and articulates the vision and values through own personal behaviour.
  • Persuading and Influencing: Gains clear agreement and commitment from other; promotes the departmental strategy and objectives during team conversations; promotes ideas on behalf of the team and or department; makes a strong personal impact on others; takes care to manage the team’s impression and brand on others.
  • Presenting and Communicating Information: Speaks fluently; expresses opinions, information and key points of an argument clearly; responds quickly to the needs of an audience and to their reactions and feedback; projects credibility.
  • Adhering to Principles and Values: Upholds ethics and values; demonstrates integrity; encourages team and individual responsibility towards the community and the environment.
  • Analysing: Analyses numerical data and all other sources of information, to break them into component parts, patterns and relationships; probes for further information or greater understanding of a problem; makes rational judgements from the available information and analysis; demonstrates an understanding of how one issue may be a part of a much larger system.
  • Planning and Organising: Sets clearly defined team objectives; plans activities and projects well in advance and takes account of possible changing circumstances; identifies and organises resources needed to accomplish tasks; manages time effectively; monitors team performance against deadlines and milestones.
  • Delivering Results and Meeting Customer Expectations: Focuses on customer needs and satisfaction; sets high standards for quality and quantity; monitors and maintains quality and productivity; works in a systematic methodical and orderly way; consistently achieves projects goals.

Primary Location:
 Tanzania, United Republic of-Dar es Salaam-Dar es Salaam
Organization: International Insurance Business
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 02-02-2022
Unposting Date
: 09-02-2022
Number of Openings: 1



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