Finance Manager

Job Position: Finance Manager
Position Reports To: Country Manager
Location: Moshi, Tanzania
Full time employment


Background of Totohealth Tanzania Ltd.

Totohealth is a social enterprise based in Moshi town, Kilimanjaro Region. Totohealth aims to contribute towards reaching Tanzania’s national vision of ending preventable maternal and child deaths by 2035. We offer a set of services available over the span of pregnancy, delivery and up to 5 years of a child’s life.

Our package of solutions include
(1) information, education and communication (IEC) through a interactive text messaging platform,
(2) lifesaving products including a comprehensive Clean Delivery Kit (CDK) to be used at delivery, and
(3) Newborn Survival Pack (NSP) with applicable supplies for the mother and for newborn survival for first month of life. All these services are implemented in partnership with local District Government Departments, organisations & NGOs with mothers as clients. Our goals is to support Community Health Workers (CHWs) that are linked to these organisations to better provide IEC, continuum of care at household level, and get mothers to deliver with the help of a skilled birth attendant (at a health facility), and have access to the products they need at health-facility and household level.

Position description
The Finance Manager is part of the Senior Management team, will report to the Country Manager, and manage the Accountant & Admin Officer. Manages overall finance function to ensure compliance with legislation and requirements. Drives and develops MIS, reporting, and leading cashflow & balance sheet management in order to support the achievement of business objectives and strategies; forward looking cash flow planning and take action on it. Develop strategic relationship with key financial, investors & statutory stakeholders as well as sound financial & tax planning. Gives guidance and training to all company staff.

Responsibilities
• Prepare the yearly budget & planning cycles.
• Lead all financial (& statutory) obligations for compliance under TRA & other relevant government departments, ensuring that all activities & operations are performed in compliance with national & regional regulations & laws governing business operations
• Manage cash flow according budget and act on it if needed. Also taking into account FX difficulties and misalignments.
• Compile financials BS / CF / P&L & other MIS.
• Liaise with & develop strategic relationships with financial lending & investment institutions to optimize the capital structure of the company, develop & raise expansion capital from competitive sources to support company strategy execution, & ensure internal performance monitoring of major capital investments.
• Co-develop Business Plans together with Country Manager and Business Developer & review subsidy or funding proposals
• Manage quality of: Administration of incoming Invoices, accounts payable, aging accounts, payment of invoices on agreed terms, accounts receivable, cash books, etc.
• Develop, recommend and manage financial policies for: budgeting, forecasting, tax planning & cash planning, cash handling, expenses processes to ensure sound financial controls.
• Serve as general counsel, including overview & execution of Authority Matrix.
• Ensure that all Tax related documents are obtained & filed. Sales & Output VAT reconciliation on a monthly basis.
• Ensure all statutory compliance, verses preparations & submission of VAT, W/T, Pension return in time, & ensure payments are made before due date.
• Coordinate all staff payroll.
• Develop appropriate Micro-Credit facilities. Install proper cash receivable procedures. Ensure proper customer re-payment overviews are made. Make clear overviews of payment plans, payments according to payment
plans (either M-Pesa or Cash) and act on defaulting installments.
• Regularly review together with the management team, cost overviews, cost analysis, and proposed way forward (& Ledger Accounts details) to be able to analyze and drive down costs.
• Review contracting and procurement processes
• Manage Accountant & Admin Officer so they fulfill their roles and growth targets
• Provide Management Information to the weekly management meeting (e.g. aging accounts overviews, bank, finance contracts overviews, forward looking cash flow).

Characteristics:
● Tenacious, Strong follow-up / Sense of accountability
● Comfortable working in a fast-moving, start up environment
● Empathy and high commitment to Totohealth’s mission and organizational values

Qualifications:
● Certified Public Accountant (CPA)/ Chartered Accountant (CA)/ Association of Chartered Certified Accountants (ACCA)
● Extensive knowledge of international financial standards, company law and taxation laws/legislation (R).
● Exceptional expertise in spreadsheet usage & development of financial & analytical models (R).
● Skilled in one or more Accounting Packages (like Tally or SAP).

Experience and skills
● Eight to ten years’ experience in finance and accounting, four years of which are in managerial position
● Experience on strategic program implementation (preferably in East Africa)
● Experience in monitoring and evaluation, analysis and reporting
● Excellent interpersonal skills, including team work and individual excellence
● Has managed a team of staff
● Experience in drafting budgets and strategic plans
● Excellent time management skills
● Excellent written, oral and presentation skills in both English and Swahili (preferred)
● Excellent networking skills
● Strong computer literacy and presentation skills

How to apply
1. Send (a) cover letter and (b) your CV/resume to tayeb@totohealth.org
2. Only shortlisted candidates will be invited for an interview
3. Successful candidates will undergo a three month probation period before formally being offered the position.

Totohealth offers a comprehensive employee benefits package including:
paid vacation, holidays and sick leave. Women are strongly encouraged to apply.
Totohealth Tanzania Ltd. www.totohealth.org