Finance Manager

Job Summary Our client, a leading company in the Real Estate industry, is seeking an experienced and strategic Finance Manager to oversee the organization’s financial planning, reporting, budgeting, compliance, and overall financial performance. The successful candidate will provide financial leadership, ensure compliance with Tanzanian financial regulations, and support business growth through effective financial management and sound decision-making. Key Responsibilities 1. Financial Planning & Management Develop and implement financial strategies that support the company’s business objectives and long-term growth. Prepare annual budgets, financial forecasts, and cash flow projections. Monitor financial performance against budgets and recommend corrective actions where necessary. Provide financial analysis and strategic recommendations to senior management. Develop financial models to support investment decisions and new real estate projects. 2. Financial Reporting Prepare accurate monthly, quarterly, and annual financial statements in accordance with IFRS and Tanzanian accounting standards. Present financial reports and management accounts to the Executive Management and Board. Monitor key financial performance indicators (KPIs) and prepare performance analysis reports. Ensure timely month-end and year-end closing processes. 3. Budgeting & Cost Control Lead the annual budgeting process across all departments. Monitor project budgets and operational expenditures. Identify cost-saving opportunities without compromising operational efficiency. Review procurement expenditures and ensure financial discipline across the organization. 4. Treasury & Cash Flow Management Manage the company’s cash flow to ensure adequate liquidity for operations and projects. Oversee banking relationships, loan facilities, and financing arrangements. Monitor accounts receivable and accounts payable to maintain healthy cash flow. Optimize working capital and financial resources. 5. Taxation & Statutory Compliance Ensure compliance with all Tanzanian tax laws and statutory requirements. Oversee preparation and submission of VAT, PAYE, SDL, Corporate Income Tax, WCF, NSSF, and other statutory returns. Liaise with TRA, auditors, banks, and other regulatory authorities. Ensure timely payment of taxes and statutory obligations. Keep management informed of changes in financial regulations affecting the business. 6. Audit & Internal Controls Develop and strengthen internal financial controls and risk management procedures. Coordinate internal and external audits. Ensure audit recommendations are implemented effectively. Maintain proper financial records and documentation. Identify financial risks and recommend mitigation measures. 7. Real Estate Financial Management Monitor financial performance of real estate developments and property investments. Evaluate project profitability, investment returns, and project…