Accountant - WASSHA INC (T6)

Job Purpose

To lead and manage the financial accounting and management accounting functions of WASSHA INC, ensuring accurate financial reporting, strong internal controls, and compliance with IFRS and local regulations. In addition, the role will provide strategic financial insights, budgeting, forecasting, and performance analysis to support informed decision-making and drive business growth.

Main Responsibilities of the Job

A) Managerial Responsibilities

• Lead and manage all accounting and financial reporting functions of WASSHA.
• Provide financial leadership and strategic support to the Corporate Manager and Senior Management.
• Supervise and mentor junior accounting staff (if applicable).

B) Functional Responsibilities

• Review and approve payment processes to ensure accuracy and compliance, ensuring that all relevant supporting documents, such as tax invoices, are obtained before payments are raised and processed.
• Oversee and review postings to ensure completeness and accuracy, and for advance payments made, follow up with the different recipients to ensure all necessary supporting documents have been obtained.
• Oversee and ensure weekly posting of all company transactions into company booking tools (e.g., QuickBooks) after obtaining all relevant supporting documents.
• Ensure timely preparation and review of bank reconciliations.
• Oversee preparation and review of balance sheet reconciliations and prepayment schedules to ensure accuracy and timeliness.
• Oversee and review the month-end closing process to ensure accounts are closed accurately and within set deadlines.
• Oversee and monitor company obligations to ensure completeness, accuracy, and timely settlement (e.g., rent, internet, office utilities).
• Oversee and review supplier records and procurement processes to ensure accuracy and compliance prior to payment initiation.
• Oversee and review tax filings to ensure accuracy, timeliness, and compliance with applicable tax laws (e.g., PAYE, NSSF, SDL, and income tax returns).
• Oversee and enforce adherence to all internal control processes to ensure compliance and effectiveness.
• Review and advise on tax and accounting practices to ensure compliance and mitigate risk of penalties.
• Oversee audit coordination and review preparation of audit requirements to ensure completeness and accuracy.
• Provide administrative oversight and support to the business unit, including execution of assigned duties by Senior Management.

C) Management Accounting & Financial Planning

• Lead the annual budgeting process and periodic financial forecasts.
• Perform variance analysis (budget vs actual) and provide explanations and recommendations.
• Prepare monthly management reports and financial dashboards for decision-making.
• Conduct cost analysis and profitability assessments across business activities.

D) Strategic & Business Support

• Provide financial insights and recommendations to support strategic initiatives.
• Partner with different departments to improve financial performance.
• Identify cost-saving opportunities and efficiency improvements.

Minimum Requirements

A) Academic and Professional Qualification

• University Degree in Accounting, Finance or Business Administration or an equivalent from a credible institution.
• Fully qualified CPA / ACCA (Mandatory).

B) Experience

• Minimum 3 years of progressive experience in accounting and finance.
• Experience in a fast-paced or growing organization is an added advantage.
• Experience of information management and using Microsoft Excel and other IT tools to manage and store data.

Working Relationships

A) Internal customers

• Tax & Accounting Manager
• Other departments

B) External customers

• Suppliers

Competencies

Technical

• A good understanding of accounting principles.
• Experience of processing financial transactions and maintaining financial records.
• Experience of information management and using Microsoft Excel and other IT tools to manage and store data.

Functional

• Outstanding organizational skills with the ability to manage a busy and varied workload.
• Excellent written and verbal communication skills in English, including great interpersonal skills.
• Ability to interpret financial data and provide strategic insights.
• Strong stakeholder management skills.
• Good working knowledge of QuickBooks and ability to learn new softwares that may be introduced to manage work processes.

Behavioural

• Ability to work quickly and effectively under pressure.
• Leadership and team development capability.
• Proactive and results-oriented mindset.
• Be honest, disciplined and with integrity.

Job Application Instructions

Interested candidates are invited to submit their application letter and updated Curriculum Vitae (CV) to: hr@tz.wassha.com. Please ensure that your application clearly states your salary expectation. Only shortlisted candidates will be contacted.