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Finance Manager

EM People & Culture Advisory
Posted 3 days ago, valid for 13 days
Location

Mwanza, Mwanza District, Southern Region

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Finance Manager will oversee financial operations, ensuring strong controls, accurate reporting, compliance, and effective planning.
  • The role requires a minimum of 5 to 7 years of progressive financial management experience, along with a CPA or ACCA qualification.
  • Key responsibilities include managing financial reporting, budgeting, cash management, and compliance with tax regulations.
  • The position offers a salary commensurate with experience, along with benefits such as airtime, data, pension, and medical insurance.
  • The ideal candidate will have a strong understanding of financial reporting standards and experience in a diversified group or multi-sector environment.
The Finance Manager will oversee the financial operations ensuring strong financial controls, accurate reporting, compliance, and effective financial planning. The role will play a critical role in strengthening the organization’s financial governance and strategic decision-making.

Key Responsibilities
  • Financial Management & Reporting
  • Oversee timely and accurate preparation of monthly, quarterly, and annual financial statements.
  • Ensure adherence to relevant regulatory requirements.
  • Maintain strong financial controls, ensuring proper documentation, reconciliations, and audit readiness.
  • Prepare and present financial reports to senior leadership, highlighting key insights and variances.
  • Budgeting, Forecasting & Planning
  • Lead the annual budgeting process for the business operations.
  • Develop cash flow forecasts, financial models, and scenario analyses to support business planning.
  • Monitor budget adherence, analyze variances, and recommend corrective actions.
  • Treasury & Cash Management
  • Manage daily cash flow, ensuring adequate liquidity across business units.
  • Oversee banking relationships and ensure proper execution of transactions.
  • Evaluate and manage working capital requirements.
  • Cost Management & Operational Finance
  • Support production and operations teams in cost analysis, cost-saving initiatives, and profitability optimization.
  • Implement and monitor cost control measures across manufacturing and construction projects.
  • Taxation & Compliance
  • Coordinate all tax matters including VAT, PAYE, corporate tax, and withholding taxes.
  • Ensure compliance with TRA regulations and liaise with tax consultants where necessary.
  • Lead preparation and coordination of internal and external audits.
  • Leadership & Stakeholder Management
  • Supervise and mentor finance officers and accountants across business units.
  • Collaborate closely with operational heads across Manufacturing, Construction, Real Estate, and Hospitality.
  • Provide financial insights to support strategic investments and new business opportunities.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • CPA/ACCA qualification (mandatory).
  • Minimum 5 - 7 years of progressive financial management experience.
  • Experience in a diversified group, manufacturing, construction, or similar multi-sector environment is an added advantage.
  • Strong understanding of regulations, and financial reporting standards.
  • Proven experience in budgeting, forecasting, and financial analysis.
  • High proficiency in Excel and familiarity with modern accounting/ERP systems.

Benefits

  • Airtime and Data
  • Pension
  • Medical Insurance




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By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

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