Reliance Group Limited is hiring an Accountant – Payables and Bank for its Finance and Accounting department at the head office in Tegeta Nyaishozi, Wazo Industrial Area, Dar es Salaam. Reporting to the Finance Manager, the role records vendor bills with EFD receipts, prepares payments for release, reconciles bank and cash journals, and processes expense advances and their retirement.
Responsibilities
- Create vendor bills from purchase orders and confirm every bill has a valid EFD receipt showing the vendor TIN, VRN, fiscal verification code and matching amount.
- Check the three-way match of bill, order and receipt, including quantities, prices and 18% VAT, and record withholding tax where it applies.
- Record landed cost within five working days of an import receipt being validated, and record manufacturer credit notes when warranty claims are settled.
- Prepare the weekly payment run for the Finance Manager to release.
- Review aged payables every week and reconcile supplier statements every month.
- Import bank statements and match every line daily without forcing lines to a suspense account.
- Collect signed monthly count sheets for petty cash, cash in hand and M-PESA, and investigate any differences.
- Prepare approved expense advances for release, verify receipts on retirement, and review the list of unretired advances weekly with HR.
- At month-end, post all vendor bills, draft accruals for goods received but not billed, and complete all bank and cash reconciliations for review.
- Review inventory valuation with the Store and, at year end, reconcile the physical stock count to the Odoo valuation.
Requirements
- Bachelor's degree or advanced diploma in accounting, finance or a related field.
- Certified Public Accountant, CPA(T), registered with the National Board of Accountants and Auditors (NBAA).
- At least five years of accounting experience, including accounts payable and bank reconciliation work.
- Experience in distribution, trading, agriculture, equipment or logistics is an advantage.
- Working knowledge of EFD receipts, 18% VAT and withholding tax.
- Experience of Odoo Accounting, including bank reconciliation, is an advantage.
- Careful and methodical, and willing to stop a payment when the evidence is missing.
- Accounts payable
- Bank reconciliation
- EFD receipts and VAT
- Withholding tax
- Odoo Accounting
- Attention to detail
Document Requirements
Application Instructions
- Use the Apply Now button on the job page and include your CV and proof of your CPA(T) registration with NBAA.
- Reports : Finance Manager.
- Location: Head office, Tegeta Nyaishozi, Wazo Industrial Area, Dar es Salaam.
- Salary: To be discussed.
