Simusolar Vacancy – Finance Intern

Simusolar Vacancy – Finance Intern

Job Description for Finance Intern 

The Opportunity:

Simusolar is a rapidly growing company offering accessible, affordable and  energy-efficient equipment and financing. The Finance Intern will be joining an impactful  organization with potential to grow within the company as it expands within Tanzania and  internationally. This role provides exposure to the fast-growing asset financing space. 

Location: These position is based in Dar es Salaam 

Reporting:

This position initially reports directly to the Finance Manager. There will also be  significant exposure, interaction and collaboration with other departments, including: Hardware,  IS & Engineering, Field Service, Credit, HR, Customer Care, Operations and Sales. Externally, the  position works with the TRA, banks, suppliers and others. 

Pay: Competitive Compensation.  

Duties and Responsibilities Overview 

As a Finance Intern at Simusolar, you play a crucial role in managing financial records, reconciling  accounts, and supporting the organization’s growth. Reporting directly to the Finance Manager,  your contributions are vital for accurate accounting information and financial reporting, including  grants. 

Duties 

Grants Related Transactions Reporting: 

• Gather and organize data related to grants received by Simusolar. Ensure prompt reporting of grants transactions to the respective grant providers. o Arrange proper supporting documents for all grant-related transactions. 

Accounts Payable Assistance: 

• Assist in managing accounts payable processes.
• Help ensure timely payment of weekly sales, field services, and operational expenses.
•  Assist in processing and paying invoices promptly. 

Cash Management Assistance: 

• Properly record all cash receipts in the appropriate expense accounts.
• Assist in reconciling cash books and petty cash reports on a weekly basis. 

Accounting / Bookkeeping: 

• Maintain Books of Accounts: Contribute to the proper upkeep of Simusolar’s financial  records.
• Timely Monthly Close: Assist in ensuring timely monthly closing procedures as required.

Tax Compliance: 

• Administrative Tax Support: Collaborate with the department on administrative tax  matters as instructed. 

Minimum requirements: 

Technical Skills:

• Proficiency in Microsoft Excel: The candidate should be comfortable using Excel  for data analysis, financial modeling, and reporting.
• Quick Learning of Accounting Software: The ability to adapt swiftly to new  accounting software tools is essential.

Educational Qualifications:

• Bachelor’s Degree in Accounting/Finance or Advanced Diploma in  Accountancy: A solid foundation in accounting principles is necessary.
• Registration with the National Board of Accountants and Auditors (NBAA): This  ensures compliance with professional standards.

Certifications and Advantages:

• CPA Candidate/ACCA Level 1 or 2: While not mandatory, having these  certifications is advantageous. 

▪ Note: CPA (Certified Public Accountant) and ACCA (Association of  Chartered Certified Accountants) are globally recognized qualifications. 

Language Proficiency:

• Fluency in English and Swahili: Effective communication in both languages is  crucial for collaboration and client interactions. 

Measurement of Performance / What Success Looks Like 

– Timely Preparation of Reconciliations: 

• The successful candidate will consistently complete reconciliation tasks within the  specified timeframes. This includes ensuring accurate matching of financial  records, identifying discrepancies, and resolving them promptly. 

-Timely and Accurate Closing of the Accounting Books: 

•  The ideal candidate will demonstrate efficiency in closing the accounting  books at the end of each financial period. This involves finalizing financial  statements, adjusting entries, and ensuring compliance with accounting  standards. 

– Timely Internal Audits Demonstrating Both Compliance: 

•  The performance measurement includes conducting internal audits within the  scheduled timelines. These audits should validate adherence to internal controls,  policies, and procedures. Any identified non-compliance issues should be  addressed promptly. 

– Compliance with All TRA Requirements and Regulations: 

• The successful candidate will maintain strict compliance with all regulations set by  the Tanzania Revenue Authority (TRA). This includes accurate tax reporting, timely  submissions, and adherence to tax laws. 

– Timely Grants Reporting: 

• The candidate will be responsible for grant reporting within the stipulated  deadlines. This involves preparing comprehensive reports on grant utilization,  impact assessment, and compliance with grant terms.

Simusolar Values 

Simusolar has four core Values that were selected to guide how we work, behave, and think: 

Summary Phrases	English	Kiswahili
Commitment	My actions speak louder than  words	Vitendo vyangu vinaongea zaidi ya  maneno
Customer   Centricity	You can depend on me	Huduma yangu, thamani yako
Communication	I speak, I listen, I appreciate	Ninaongea, ninasikiliza na  ninathamini mawazo
Data Driven	I work using data	Nafanya kazi kwa takwimu

 

PLEASE NOTE: 

1. The deadline for this call is on Wednesday, 1 May 2024.

CLICK HERE TO APPLY 

Only qualified shortlisted candidates will be contacted.

Other Jobs From Simusolar visit: https://simusolar.com/careers/