Assistant Accountant Job Vacancy at Britam

Job Title: Assistant Accountant (24000049)
Location: Dar es Salaam, Tanzania
Job Type: Permanent, Full-time
Shift: Day Job
Posting Date: January 6, 2025
Closing Date: Ongoing


Role Overview

The Assistant Accountant will be responsible for preparing financial accounts accurately and promptly while ensuring compliance with company policies and statutory regulations. This position plays a vital role in maintaining financial integrity and supporting the organization’s operational efficiency.


Key Responsibilities

  1. Intermediary Payments: Process and pay commissions to intermediaries promptly in line with departmental Service Level Agreements (SLAs).
  2. Cashiering Supervision: Oversee cashiers to ensure proper posting of all receipts and payments into correct account codes.
  3. Accurate Receipting: Ensure timely and accurate receipting of company funds (cash, cheques, and electronic transfers).
  4. Bank Reconciliation: Perform regular bank reconciliations and resolve unreconciled items promptly.
  5. Cash and Cheque Banking: Ensure all cash and cheques are banked in accordance with company policies.
  6. Petty Cash Management: Review and verify petty cash accounting.
  7. Fixed Asset Management: Maintain and update the company’s Fixed Asset Register.
  8. Investments Accounting: Ensure proper accounting for investments and investment income and prepare investment schedules.
  9. General Ledger Monitoring: Post transactions into appropriate accounts, conduct regular reconciliations, and prepare monthly reconciliation statements.
  10. Management Accounts Preparation: Assist in preparing monthly management accounts by maintaining accrual and prepayment schedules.
  11. Statutory Returns: Ensure accurate and timely filing and payment of VAT, PAYE, SDL, withholding tax, and corporate tax installments.
  12. Document Management: Maintain relevant supporting documents for all transactions, ensuring proper filing for receipts and payments.
  13. Audit Support: Assist internal and external auditors as required.
  14. Other Duties: Perform other tasks as assigned by the Financial Accountant.

Key Performance Indicators

  • Timely submission of financial reports.
  • Turnaround time (TAT) for allocation of receipts.
  • TAT for reconciliation of intermediary balances.

Working Relationships

Internal:

  • Reports to the Financial Accountant.
  • Collaborates with other business heads as needed.

External:

  • Interacts with tax authorities, suppliers, and financial consultants.

Qualifications and Experience

  • Bachelor’s degree in Accounting or a related field.
  • 2–4 years of experience in a similar role.
  • Knowledge of insurance regulatory requirements.
  • Familiarity with Britam products is an added advantage.

Core Competencies

  1. Learning and Researching: Quickly learns and applies new knowledge, gathers relevant information, and seeks feedback for continuous improvement.
  2. Team Collaboration: Respects team contributions, shows empathy, builds team spirit, and resolves conflicts effectively.
  3. Technical Expertise: Applies accounting expertise, uses technology effectively, and develops knowledge through professional development.
  4. Customer-Centric Focus: Understands customer needs, maintains high standards of quality, and ensures systematic achievement of goals.
  5. Compliance and Reliability: Follows procedures, adheres to schedules, and demonstrates commitment to organizational values and safety standards.
  6. Integrity and Values: Upholds ethics, values diversity, and models organizational principles in daily interactions.

How to Apply

Interested candidates are encouraged to apply by following the link below:
Click Here to Apply

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