Career Opportunity: Chief Accountant at CVPeople Tanzania (Dar es Salaam)

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Career OpportunityChief Accountant at CVPeople Tanzania (Dar es Salaam)

CVPeople Tanzania is inviting applications from qualified and experienced finance professionals for the position of Chief Accountant in the Pharmaceutical sector, based in Dar es Salaam, Tanzania.

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FINANCE

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Accounting & Auditing

Position Overview

Job Title: Chief AccountantEmployer: CVPeople TanzaniaIndustry: PharmaJob Type: Full-timeLocation: Dar es Salaam, TanzaniaWork Experience: 5+ years (6 years progressive experience preferred)Date Posted: 07/08/2026Application Deadline: 07/09/2026

Job Purpose

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The Chief Accountant is responsible for ensuring the integrity of the Company's financial records, statutory compliance, treasury management, financial reporting, inventory accounting, and working capital management. The role supports the Head of Finance in delivering accurate financial information, safeguarding company assets, strengthening internal controls, ensuring statutory compliance, and driving continuous improvement across the finance function.

Key Roles and Responsibilities

Financial ReportingPrepare accurate and timely monthly management accounts, annual financial statements, and ad hoc reports in accordance with IFRS and Company policies.Ensure timely month-end and year-end closing.Review all General Ledger balances and ensure completeness and accuracy of financial records.Prepare monthly balance sheet reconciliations and resolve reconciling items.Perform monthly gross margin analysis by principal, product, customer, and branch, highlighting significant variances.Prepare monthly financial analysis and management commentary. Treasury and Cash Flow ManagementSupport treasury management and cash flow planning.Monitor daily bank balances and circulate daily cash position reports.Manage transfers between bank accounts to optimize liquidity.Perform monthly reconciliations of all local and foreign currency bank accounts.Support banking relationships and financing activities. Accounts Receivable ManagementReview and monitor the Accounts Receivable ledger to ensure completeness and accuracy.Review customer reconciliations and ensure reconciling items are resolved promptly.Monitor customer ageing and work closely with the Credit Control team to improve collections.Review customer credit limits and ensure compliance with the Company's credit policy.Review bad debt provisions, credit notes, write-offs, and unapplied receipts. Accounts Payable ManagementReview supplier reconciliations before payment.Review and authorize payment requests ensuring adequate supporting documentation and approvals.Ensure timely settlement of supplier obligations.Monitor outstanding supplier balances and resolve disputes promptly. Payroll AdministrationProcess payroll journals and reconcile payroll accounts.Ensure timely statutory remittances. Inventory Accounting and CostingPrepare import product costing and maintain accurate cost sheets.Monitor and reconcile Goods in Transit (GIT) balances and investigate long-outstanding balances.Review and approve all stock adjustments.Conduct periodic stock counts and investigate inventory variances.Monitor product expiry and process expired products adjustments monthly.Reconcile inventory sub-ledgers to the General Ledger and ensure accurate ERP recording. Branch AccountingReview monthly branch reconciliations (branch inventory, receivables, payables, and cash balances).Investigate and resolve branch accounting differences.Ensure timely submission of branch financial information. Principal Companies AccountingReview monthly debit notes for expenses paid on behalf of principal companies.Reconcile intercompany balances monthly and follow up on outstanding balances for settlement. Tax and Statutory CompliancePrepare tax schedules supporting VAT, PAYE, SDL, WHT, and Corporate Income Tax returns.Ensure timely filing and payment of statutory obligations.Support TRA audits and tax investigations while maintaining proper tax documentation. Internal Controls, Risk & Audit CoordinationDevelop, review, and implement finance policies and Standard Operating Procedures (SOPs).Strengthen internal controls across finance operations and identify control weaknesses.Coordinate internal/external audits, prepare schedules, resolve queries timely, and monitor implementation of recommendations