The Accountant position at ATA LIAISON (T) LIMITED in Dar Es Salaam, Tanzania, is responsible for maintaining comprehensive financial records, preparing essential financial statements, managing tax compliance, overseeing accounts payable/receivable, and reconciling accounts. This role also involves assisting with budgeting, providing financial analysis to support decision-making, aiding internal/external audits, ensuring adherence to Tanzanian financial regulations (including TRA requirements), and managing payroll.
Key Responsibilities
- Financial Record Keeping: Maintain accurate and up-to-date financial records, including general ledgers, sales records, purchase records, and inventory.
- Financial Reporting: Prepare and publish timely monthly, quarterly, and annual financial statements (e.g., balance sheets, profit and loss statements, cash flow statements) in accordance with Tanzanian and international standards.
- Taxation & Compliance: Calculate and prepare various tax returns, including Value Added Tax (VAT), Pay As You Earn (PAYE), withholding tax, and income tax, ensuring timely submission to the TRA.
- Accounts Management: Oversee and reconcile accounts payable and receivable to ensure prompt invoicing and timely payments to vendors.
- Bank Reconciliation: Regularly reconcile bank statements with the company’s accounts to verify accuracy.
- Budgeting & Forecasting: Assist management in developing budgets and financial forecasts to support strategic decision-making.
- Audit Support: Coordinate with internal and external auditors, providing necessary financial documents and supporting them during audits.
- Internal Controls: Implement and maintain robust internal controls to safeguard financial assets and ensure compliance with organizational policies.
- Payroll Processing: Manage and process monthly payroll, including all necessary deductions.
- Cash Management: Monitor cash flow to ensure liquidity and manage cash disbursements.
Qualifications and Skills
Education:
- A Bachelor’s degree in Accounting, Finance, or a related field.
Experience:
- Minimum of 3-5 years of relevant accounting experience, often with experience in a specific industry.