Tax Accountant - Dar Es Salaam

Job Purpose

The Accountant / Tax Accountant is responsible for managing the company’s financial records, ensuring compliance with financial regulations, and handling all tax-related matters. The role supports accurate financial reporting, efficient financial operations, and full compliance with Tanzania Revenue Authority (TRA) requirements.

Key Responsibilities

1. General Accounting Functions

• Maintain accurate and up-to-date financial records in accordance with accounting standards.
• Prepare and process invoices, payments, receipts, and journal entries.
• Manage accounts payable and accounts receivable.
• Reconcile bank statements and company accounts regularly.
• Prepare monthly, quarterly, and annual financial reports.
• Assist in budgeting and financial forecasting processes.

2. Tax Accounting & Compliance

• Prepare and file all tax returns (VAT, PAYE, Corporate Tax, Withholding Tax) in compliance with TRA regulations.
• Ensure timely tax payments and proper documentation of all tax transactions.
• Maintain accurate tax records and support audits by TRA or external auditors.
• Advise management on tax planning strategies and compliance requirements.
• Monitor changes in tax laws and ensure company compliance at all times.

3. Payroll & Statutory Deductions

• Prepare and process employee payroll accurately and on time.
• Ensure correct calculation and remittance of statutory deductions (PAYE, NSSF, WCF, etc.).
• Maintain payroll records and ensure confidentiality of employee data.

4. Financial Reporting & Analysis

• Prepare financial statements including profit and loss, balance sheet, and cash flow reports.
• Analyse financial data and provide insights to support management decision-making.
• Monitor company expenses and ensure cost control measures are followed.

5. Audit & Compliance

• Support internal and external audits by providing required documentation and explanations.
• Ensure compliance with company policies, financial regulations, and statutory requirements.
• Maintain proper filing systems for financial and tax documents.

6. Coordination & Support

• Liaise with banks, auditors, TRA, and other regulatory authorities.
• Work closely with operations and management teams to ensure smooth financial processes.
• Provide financial guidance to other departments when required.

Required Profile for Job Ad: Tax Accountant - Dar Es Salaam

Key Performance Indicators (KPIs)

• Accuracy and timeliness of financial reports
• Compliance with tax regulations and deadlines
• Efficiency in managing payables and receivables
• Successful audit outcomes with minimal queries
• Proper maintenance of financial records

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, or related field.
• Professional certification (CPA, ACCA, or equivalent) is an added advantage.
• Minimum of 2–4 years of relevant experience in accounting and taxation.
• Experience with Tanzanian tax systems and TRA processes is required.

Skills & Competencies

• Strong knowledge of accounting principles and tax regulations
• Proficiency in accounting software (e.g., QuickBooks) and MS Excel
• High level of accuracy and attention to detail
• Strong analytical and problem-solving skills
• Ability to meet deadlines and work under pressure
• Good communication and reporting skills

Personal Attributes

• High level of integrity and professionalism
• Strong organisational skills
• Ability to work independently and as part of a team
• Confidentiality in handling financial information