Senior Accountant

About Reliance Group Limited

• Reports to: Finance Manager / Chief Accountant
• Location: Head Office, Dar es Salaam
• Contract Type: To be negotiated

Key Responsibilities

• Oversee day-to-day general ledger operations, ensuring all financial transactions are accurately recorded in compliance with IFRS and company policies.
• Prepare comprehensive monthly, quarterly, and annual financial statements (Balance Sheet, Income Statement, Cash Flow Statement).
• Manage month-end and year-end close processes, including bank reconciliations, accruals, prepayments, and fixed asset schedules.

• Ensure full compliance with Tanzanian tax laws and regulations, preparing and filing timely returns for PAYE, SDL, NSSF, WHT, and VAT via the TRA portal.
• Manage statutory audits and collaborate closely with external auditors to ensure smooth completion of annual audits.
• Keep abreast of changes in tax regulations and advise management on potential financial impacts.

• Review and approve payment vouchers, vendor invoices, and expense claims, ensuring proper supporting documentation and budget adherence.
• Monitor accounts receivable, follow up on outstanding customer balances, and oversee credit control procedures to maintain a healthy cash flow.
• Manage payroll processing, ensuring accurate salary calculations, deductions, and statutory remittances.

• Assist management in the preparation and monitoring of annual departmental and corporate budgets.
• Perform variance analysis by comparing actual financial results against budgets, investigating discrepancies, and reporting cost-saving opportunities.
• Implement robust internal financial controls to safeguard company assets and mitigate financial risks.

Qualifications & Experience

• Education: Bachelor’s degree in Accounting, Finance, Corporate Finance, or a related field. Professional accounting qualification such as CPA (T), ACCA, or equivalent is mandatory.
• Experience: Minimum of 4 to 6 years of solid accounting experience, with at least 2 years in a senior or supervisory accounting role (experience within trading, logistics, or heavy equipment industries is an added advantage).
• Technical Skills: Advanced proficiency in Microsoft Excel and hands-on experience with modern ERP systems or accounting software (experience with Odoo ERP is highly preferred).
• Tax & Regulatory Knowledge: In-depth working knowledge of Tanzanian tax laws (TRA regulations, EFD machine management, and electronic filing).
• Core Competencies: High level of integrity, strong analytical mindset, excellent attention to detail, and strong leadership skills.
• Languages: Fluent in both English and Swahili.