Ajira Portal:- Finance Associate at Alliance of Bioversity September 2024

The Finance Associate is part of a dynamic Alliance team based at the Tanzania country office. The position works in close collaboration with Operations, HR and PLANS teams contributing to the effective operation of ABC office in Tanzania. Reporting to Coordinator II has the responsibility of ensuring timely and accurate registration and analysis of transactions and ensuring robust treasury operations in compliance with internal controls and statutory requirements. Supervising the one analyst, the incumbent will be part of the country management team working closely with the country representative, project leaders and hosted entity leadership.

Requirements

• Oversee the effective running of banking operations ensuring all bank/cash accounts are duly reconciled and balances maintained for seamless office requirements.
• Ensure payments and liquidated expenses are duly documented, posted and stored in accordance with institutional financial procedures and GAAP.
• Work closely with PLANS, administrative, and HR teams in Tanzania to ensure timely processing of payroll, statutory returns and payments in accordance with ABC policies and procedures.
• Work as a country focal point responsible for institutional and project Audits ensuring timely submission of Audit information, compliance with audit requirements and timely implementation of audit recommendations.
• Ensure effective cashflow management working closely with different business units to ensure adequate cash resources for effective running of alliance operations in the country.
• Ensure accurate and efficient preparation of annual operational, personnel and capital budgets including the collection and feedback from relevant parties
• Ensure accurate and timely posting of financial transactions into UBW ERP in line with ABC financial policies and procedures.
• Ensure continuous analysis of TB accounts (including alliance inter-company account) to enable complete and timely submission of monthly and quarterly reports to the regional office.
• Oversee timely reviewing and correct verification of Travel Expense Claims (TECs)/Accountabilities, including correct AECs, exchange rates, expense reporting and presence of all receipts.
• Oversee an efficient archiving system ensuring proper filing of accounting documents for ease of retrieval during audit and project review exercises in accordance with donors’ and alliance policies.
• Oversee the timely settlement of account payables from Alliance vendors.
• Oversee the effective implementation of Service Level Agreements signed with hosted entities ensuring strict adherence to timelines and quality of outputs.

Benefits

• University degree in Business Administration, Finance, Accounting, or related field
• Professional accounting certification e.g CPA, ACCA, CIMA an added advantage
• Strong proficiency of the English language, both written and spoken
• At least seven (7) years of proven work experience in finance in an international organization including budgeting, accounting guidelines and financial management of projects
• Strong knowledge of accounting and budgeting practices and procedures relevant to not-for-profit organizations
• Excellent interpersonal skills including the ability to work effectively with other national and cultural backgrounds
• Excellent organizational and problem-solving skills
• Strong client service orientation
• High degree of integrity and transparency
• Proficiency in Microsoft office suite, ability to handle complex financial and budgeting systems including excellent knowledge of Excel and ERP systems
• Knowledge of IFRS