Accountant at Simplepay Capital Financial

Job Title: Accountant
Department: Finance
Location: Tanzania
Reports To: Finance Manager / Financial Controller
Vacancy: 1
Deadline: 15th March 2026
 
Job Purpose
To manage the organization’s financial records, ensure accurate reporting, maintain compliance with Tanzanian tax and regulatory requirements, and support management with financial analysis for informed decision-making.
Key Responsibilities

Financial Reporting

Prepare monthly, quarterly, and annual financial statements.
Ensure accuracy and completeness of accounting records in compliance with IFRS and company policies.
Support preparation of management reports and financial analysis.

Bookkeeping and Ledger Management

Maintain general ledger accounts and ensure proper classification of transactions.
Post journal entries and reconcile accounts regularly.
Ensure all financial transactions are properly recorded in the accounting system.

Accounts Payable and Receivable

Manage supplier payments and ensure timely settlement of invoices.
Monitor receivables and follow up on outstanding balances.
Maintain proper documentation for all financial transactions.

Bank and Cash Management

Perform bank reconciliations regularly.
Monitor company cash flows and ensure proper management of funds.
Maintain petty cash and ensure proper accountability.

Tax Compliance

Prepare and file tax returns including VAT, PAYE, Withholding Tax, and Corporate Tax in compliance with the Tanzania Revenue Authority regulations.
Ensure timely payment of statutory obligations.
Liaise with tax authorities during audits or inquiries.

Budgeting and Financial Planning

Assist in preparation of annual budgets and financial forecasts.
Monitor budget performance and provide variance analysis.

Audit Support

Prepare schedules and documentation for internal and external audits.
Ensure compliance with financial regulations and company policies.

Regulatory Compliance

Ensure compliance with financial reporting requirements under the National Board of Accountants and Auditors guidelines.
Maintain proper financial records in line with Tanzanian laws.

Internal Controls

Implement and maintain internal financial controls.
Identify and mitigate financial risks.

Qualifications and Experience

Bachelor’s degree in Accounting, Finance, or related field.
Professional certification such as CPA (T), ACCA, or equivalent recognized by the National Board of Accountants and Auditors.
Minimum 3–5 years accounting experience.
Experience with accounting software (Odoo or similar).
Strong understanding of Tanzanian tax laws and financial regulations administered by the Tanzania Revenue Authority.
Experience working in a Microfinance Institution (MFI) or financial services company will be an added advantage.

Key Skills and Competencies

Strong financial analysis and reporting skills
High level of accuracy and attention to detail
Knowledge of IFRS and local tax regulations
Strong analytical and problem-solving abilities
Good communication and interpersonal skills
Ability to meet deadlines and work under pressure

Key Performance Indicators (KPIs)

Timely preparation of financial reports
Accuracy of accounting records
Compliance with statutory filing deadlines
Effective management of receivables and payables
Successful completion of audits with minimal queries

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