Analyze your CV for Finance Officer (Reconciliation Officer) at VisionFund Tanzania Microfinance Bank Limited
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About this job
Finance Officer (Reconciliation Officer)
Work Reference No.: 28/25
Reporting to: Finance Manager
Job Purpose
The Finance Officer (Reconciliation Officer) focuses 60% on reconciliation tasks and 40% on follow-up of outstanding items, budgetary control, and treasury activities.
Main Responsibilities
Perform monthly bank reconciliations and submit them to the Finance Manager by the 5th of the following month.
Perform daily MNO (Mpesa, Tigo, and Airtel) reconciliations and share them with the Finance Manager.
Follow up on reconciliation items, provide status updates, aging, and action plans for outstanding items.
Monitor items in suspense accounts and ensure they are cleared within set timelines.
Prepare and recommend items to be written off or recognized as income on a quarterly basis.
Ensure sufficient funding of VFT Wallets with MNOs.
Engage banks and MNOs to obtain confirmation of signatories on a semiannual basis or as needed.
Prepare proposals and track short-term investments to ensure timely follow-up as they mature.
Act as custodian of FDR receipts.
Collaborate with the Risk Officer to conduct quarterly liquidity stress testing.
Perform due diligence for VFT conduit banks and MNOs.
Perform any other duties assigned by the supervisor.
Required Skills, Knowledge, and Competencies
Bachelor's Degree in Banking and Finance or Accounting.
Very good knowledge of oral and written English.
Very good analytical and reporting skills.
3 years' experience in VFT MFB or in the accounting field.
CPA holder is an added advantage.
Proficient in Microsoft Office applications.
Attributes Desired for All Positions
Honest, hardworking, friendly, and focused.
Local language skills.
High standards in regard to quality of work.
Able to work independently and as a team member.
Attention to detail.
Experience in banking or microfinance.
Commitment to the social mission of microfinance.
Application Process
Interested and suitably qualified individuals should:
Forward their application letter, attaching certified copies of academic and professional certificates, detailed CVs with three referees, and National ID to application@vftz.co.tz.
Address applications to: The Chief Executive Officer, VisionFund Tanzania Microfinance Bank Limited, P.O. Box 1546, Arusha, TANZANIA.
Use the position title as the subject of the email application.
Submit applications by 31st August 2025.
Note: Only short-listed candidates will be contacted.
DisclaimerVisionFund Tanzania Microfinance Bank has not engaged any consultant or agent to conduct recruitment on its behalf.
Work Reference No.: 28/25
Reporting to: Finance Manager
Job Purpose
The Finance Officer (Reconciliation Officer) focuses 60% on reconciliation tasks and 40% on follow-up of outstanding items, budgetary control, and treasury activities.
Main Responsibilities
Perform monthly bank reconciliations and submit them to the Finance Manager by the 5th of the following month.
Perform daily MNO (Mpesa, Tigo, and Airtel) reconciliations and share them with the Finance Manager.
Follow up on reconciliation items, provide status updates, aging, and action plans for outstanding items.
Monitor items in suspense accounts and ensure they are cleared within set timelines.
Prepare and recommend items to be written off or recognized as income on a quarterly basis.
Ensure sufficient funding of VFT Wallets with MNOs.
Engage banks and MNOs to obtain confirmation of signatories on a semiannual basis or as needed.
Prepare proposals and track short-term investments to ensure timely follow-up as they mature.
Act as custodian of FDR receipts.
Collaborate with the Risk Officer to conduct quarterly liquidity stress testing.
Perform due diligence for VFT conduit banks and MNOs.
Perform any other duties assigned by the supervisor.
Required Skills, Knowledge, and Competencies
Bachelor's Degree in Banking and Finance or Accounting.
Very good knowledge of oral and written English.
Very good analytical and reporting skills.
3 years' experience in VFT MFB or in the accounting field.
CPA holder is an added advantage.
Proficient in Microsoft Office applications.
Attributes Desired for All Positions
Honest, hardworking, friendly, and focused.
Local language skills.
High standards in regard to quality of work.
Able to work independently and as a team member.
Attention to detail.
Experience in banking or microfinance.
Commitment to the social mission of microfinance.
Application Process
Interested and suitably qualified individuals should:
Forward their application letter, attaching certified copies of academic and professional certificates, detailed CVs with three referees, and National ID to application@vftz.co.tz.
Address applications to: The Chief Executive Officer, VisionFund Tanzania Microfinance Bank Limited, P.O. Box 1546, Arusha, TANZANIA.
Use the position title as the subject of the email application.
Submit applications by 31st August 2025.
Note: Only short-listed candidates will be contacted.
DisclaimerVisionFund Tanzania Microfinance Bank has not engaged any consultant or agent to conduct recruitment on its behalf.