Assistant Treasury Manager - TIGO Tanzania in Dar es Salaam

Job Title: Assistant Treasury Manager

Job ID #: 563
Department: Finance
Country: Tanzania
Experience Required: 3 - 5 Years
Location: Dar Es Salaam
Education Required: Bachelors Degree
Functional Area: Accounting
Relocation Provided: No
Position Type: Full-Time Regular
Residency: Open to local candidates only

Role Purpose
You will deal with cash flow forecasting, reconciliation of collections and organization of new financing. You will also ensure timely and accurate MIS reporting

Key Responsibilities

- Collections management by reviewing and approving sales to collection process, confirmations of deposits and approving receipts in the sales system.

- Management of branch collections by making sure cashiers deposit collections in time and reconciled with bank statement

- Cash Management functions including performing and reviewing Bank reconciliations, releasing payments from payment system (Citidirect), making sure sufficient availability of cash balance before releasing payments. Also making proper allocations of cash between bank accounts based on interest income rate, foreign exchange business factors and risk allocation

- Making proper accounting for loans and loans classifications, interest calculations and accruals, proper accounting for all collections, Interest income and charges

- Preparing detailed monthly Cash flow and cash flow forecast, this include forecast for loans covenants and any financing need and excess Cash

- Reviewing of dealers and branch accounts and making sure sales and collections are recorded in time, follow up for any outstanding balances

- Foreign exchange risk management by ensuring all collections are kept in US dollar except for balances to meet local currency obligations, converted on the best market rate available. Revaluing the balance sheet accounts denominated in other currencies other than TZS

- Covenants managements to comply with financing Common Terms Agreement, performing quarterly calculations for review and seeking approvals from head office

Position Requirements

- Bachelor’s Degree in BECOM, Finance, Economics Master’s Degree in related field is an added advantage
- Professional certificate - CPA or ACCA
- 3-5 years of experience in financial management in a bank, Audit firm,or senior level accountant in finance department

Deadline 03-05-2013

How to Apply:
http://careers.peopleclick.eu.com/careerscp/client_millicom/external/en/jobDetails.do?functionName=getJobDetail&jobPostId=801&localeCode=en-us