Senior Accountant
Tanzania Petroleum Services Ltd
Dar es Salaam, Tanzania
Full-Time
28th September 2025
Senior Accountant
General Description:
The role of the Senior Accountant may vary depending on the size and structure of the organization. Generally, the position is responsible for managing and supervising day-to-day financial operations, ensuring accurate and compliant financial reporting, and supporting the implementation of financial strategies. The Senior Accountant provides timely and reliable financial information to the Finance Manager and, when necessary, assists in preparing reports for external stakeholders such as auditors, regulatory authorities, and financial institutions.
Key responsibilities:
- Perform month-end close activities, including journal entries, accruals, prepayment, reconciliations, and related processes on a timely manner.
- Responsible for working closely with the operations and upcountry technicians to ensure completeness and accuracy of the financial information and proper documentation.
- Partner across functions in and outside of the finance organization to act as liaison between the groups.
- Audit and Tax Management: Coordinate annual external audits, prepare tax returns, and ensure adherence to Tanzanian tax laws.
- Cost Control and Inventory Management: Oversee cost accounting, including tracking maintenance costs (e.g., spares, casual labor and other related costs) and maintenance costs minimization. Implement cost control strategies to improve company’s margins.
- Internal Controls and Compliance: Design, implement, and maintain internal controls to safeguard assets and ensure compliance with Tanzanian Revenue Authority (TRA) regulations, NSSF, VAT requirements, IFRS/TFRS standards, and anti-fraud measures.
- Financial Reporting and Analysis: Prepare and oversee monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports. Ensure timely submission of management reports and conduct variance analysis to identify cost-saving opportunities in areas like maintenance costs optimization
- Participate in process improvement initiatives leading to continuous operational excellence.
- Audit and Tax Management: Coordinate annual external audits, prepare tax returns, and ensure adherence to Tanzanian tax laws.
- Co-operate with others on health and safety and not interfere with or misuse anything provided for your health, safety or welfare
- Participate in HSE trainings (external/internal) provided by the company
Qualifications / Experience and Technical Skills required:
- 3+ years of experience working in the accounting function of a publicly traded company (preferably in energy/oil & gas).
- Bachelor’s degree or above in Accounting or Finance. CPA certification preferred.
- Basic knowledge of US GAAP and IFRS. Good understanding of SOX environment.
- Proficiency in SAGE or similar. Versatile with Microsoft Office suite.
- Problem solver with a particular attention to detail and outstanding communications skills.
- Ability to work under pressure in a fast-paced environment
How to Apply:
Application should be submitted to Email: peter.kombe@group-tps.co.tz
Deadline: 28th September 2025 at 1600hrs