Finance Officer – Management Accountant at VisionFund July 2025 (2025)

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of more than TZs. 44 billion and more than 60,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;

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Position: Finance Officer – Management Accountant Reporting to: Finance and Treasury Manager

Job Purpose

• Preparation of Financial & Reconciliations and other reports for Internal and External Stakeholders including Management, Regulators and the Group​

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• Analyses and Interprets financial information that helps to make business decisions to improves efficiencies
  

• Report preparations and Interpretation​

  • Ensure compliance with the reporting requirements as per VFT MFB Policy and relevant regulations particularly the Central Bank reports​

  • Prepares various reports for Management, VFI, Regulators and other stakeholders in accordance with the requirements and specified frequencies.​

  • Analyses and Interprets reports to provide insights and recommendations regarding financial performance and compliance to various set limits​

  • Monitor Covenants and Prepare Grant and similar reports for Donors and Lenders.​

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• Budget Preparations and Monitor Cost Against Budget​

  • Provide input in the preparation of budget​

  • Advise Finance Officers(payment) on budgetary control​

  • Monitoring all costs to ensure that they are rational and advise payment officer on the relevant checks​

  • Provides insight on various costs patterns and recommend ways to make savings (e.g. considerations on switching service providers and suppliers e.t.c)​

• Month End Process​

  • Conducts various reconciliations of all key components of the Financial Reports (Internal Accounts) to ensure accuracy on month and year end/ closure process​

  • Monitoring Suspense accounts to ensure all movements are correct and justifiable and also items are cleared in good time​

  • Review and capturing of presented Loan write offs​

  • Maintaining Head Office Accounts and Subsidiary ledgers for all assets and liabilities​

• Support in Audit/Examination exercises​

  • Actively involved in supporting audit exercises​

  • Actively involved in supporting audit exercises​

  • Produce various reports in the format and manner required by auditors/examiners​

  • Assist Finance Manager to attend to inquiries both on-site and off-site​

  • Any other duties as assigned by CFO from time to time​

  • Monitoring closure of audit issues​

Qualifications/ Experience:

• Certified Public Accountant (CPA-T) or Similar qualifications​

• BA. in Accounting or similar qualification.​

• Must have a clear understanding of micro finance industry or banking and technology​

• Very good knowledge and comfort dealing with financial information​

• Very good analytical & reporting skills​

• Meet local regulatory requirements​

• Good knowledge of WV Grant accounting requirement​

• Proficient in Microsoft office application​

• Be a good leader​

• Very good communication and marketing skills (both written and verbal)​

Other attributes

• Good communication and writing skills.​

• High level of integrity and honest​

• Should have ability to interact with External stakeholder and Regulatory Authorities​

• Excellent analytical skills particular system analysis​

• Determines personality with initiative, perseverance and ability to motivate and manage a team.​

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Interested and suitably qualified individuals should;

1. Forward their application letter, attaching certified copies of their academic and professional certificates, detailed CV’s with three referees and National ID to

   application@vftz.co.tz

   ​

1. All applications should be addressed to;​

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited

1. The position should be the subject of the email application.​

2. The deadline for the application is on 13th July, 2025.​

N.B. Only short-listed candidates will be contacted.

Disclaimer

VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf.