EFTA is a fast-growing finance company with a distinctive focus on small enterprises and farmer groups unable to finance their growth from conventional banks. We offer finance of Tshs 3-80 million exclusively for equipment. The major difference is that because this equipment gives us security, we do not require any collateral from our customers, which means that we are really pushing the boundaries of who we can lend to. In principle we can finance most durable equipment, and our financing to date has covered a broad range of industries including but not limited to irrigation, brick making, printing machines and medical labs. We currently have office in Moshi and Arusha and are planning to open to new branches in Mbeya and Dar es Salaam over the next twelve months.

The finance controller will be a key member of EFTA's finance team, managing the company's day-to-day finances, including responsibility for ongoing compliance in taxation matters, preperation of accounts and annual budgets and preperation of external reporting to key stakeholders, including EFTA's board of directors, grantmaking organizations, regulators and external investors. The Financial Controller will also oversee the payroll process, have responsibility for daily cash management and treasury duties, and support the ongoing maintenance of internal controls for the organization. 

Day to day responsibilities:
 Management of the day-to-day finance function:
o Closing of monthly accounts, including posting and reviewing journal entries
o Preparation of monthly management accounts for circulation to the board of directors
o Responsible for daily cash management and treasury duties, such as disbursements to
equipment suppliers and maintaining adequate cash levels to fund disbursements
o Maintenance of fixed asset sub-ledger and asset registry for capital purchases
o Line manage the assistant accountant in posting routine journal entries, preparation of VAT
returns, management of petty cash, etc., including ongoing professional development / coaching

 Internal controls and compliance
o Responsible to ensure that key controls, such as three-way match, sub-ledger reconciliations,
and bank reconciliations, are performed accurately and timely
o Work alongside the senior management team to identify and implement internal control
improvements, where necessary.
o Preparation of various statutory reports and filings, such as VAT returns, payroll submissions to
the TRA, and periodic Company’s Act filings

o Preparation of client files for the Company’s external auditors (EFTA is audited by a Big 4
accounting firm), as well as acting as the first point of contact during the annual financial audit

 Reporting and budgeting
o Preparation of annual budgets, forecasts and cash flow statements for review by the senior
management team and board of directors
o Timely production of external reporting to key stakeholders and the Bank of Tanzania, including
financial statements and statements of partners’ capital for EFTA’s private equity fund

 Work with EFTA’s senior management team to implement key IT upgrade during 2014, including the
internal controls around a new branch expansion expected mid-2014

 Other as required – preparation of call notices to external investors, assist senior management with key
communications with the Bank of Tanzania, support other members of the EFTA team in the performance
of their duties as it connects to finance

Personal:

 Excellent communication and analytical skills
 Ability to meet deadlines in a fast-paced environment, and work independently with a high level of project
ownership
 Excellent attention to detail and willingness to support at all levels to get the job done.
 Commitment to acting with integrity and enthusiasm with all stakeholders
Academic qualifications:
 Must have an undergraduate degree, upper second class, in accounting and/or finance
 Chartered Accountant / Certified Public Accountant, is a plus

Experience:
 Five to seven years of experience in accounting / bookkeeping
 Big 4 experience a plus; familiarity with fund reporting is also a plus

Please make sure that your CV includes:
 Your personal details, including full name and contact details
 A description of what you see as your strongest personal skills
 A list of all previous employment including the dates you were in that employment, your job title and your primary responsibilities
 A summary of your academic record, including the educational institutions you have attended and academic scores
 Any additional courses attended or qualifications
 Any other relevant experience, such as volunteering positions or participation in clubs or societies
 Details of three personal references
 If you are not a Tanzanian citizen, your nationality and permissions to work in Tanzania
You cover letter should include:
 A reference to where you saw the advert and which position you are applying for
 Why you are interested in working for EFTA
 Why you are interested in this role in particular
 Why you think you would be good at this role. If possible, you should reference specific experience and/or character traits you think support this case

does this vacancy appeal to you? We would like to meet you!  Please sing up via the link “I’m interested”.