Finance Manager
About this role
Job Summary
Our client in the Energy industry is seeking a highly experienced Finance Manager to serve as the Head of the entire Finance function of the Group’s Energy Vertical, based in Dar es Salaam, Tanzania.
The successful candidate will carry end-to-end ownership of the vertical’s financial strategy, controllership, treasury, taxation, compliance, financial planning and analysis, and management reporting, and will act as the principal finance advisor to the Group leadership and the Board on all matters affecting the Energy business.
The role demands a seasoned finance leader who has operated at DGM / GM level in a business vertical of at least USD 300 million in revenue, with deep exposure to the Energy sector as well as Retail, Trading and Export-Import operations. The incumbent is expected to combine strong technical and controllership capability with commercial acumen, driving profitability, liquidity, governance and sustainable growth of the vertical.
Key Responsibilities
A. Financial Strategy and Business Leadership
• Lead and manage the entire Finance function of the Energy Vertical as a core member of the senior leadership team. • Formulate and execute the vertical’s financial strategy in alignment with the Group’s overall vision, growth plans and capital allocation priorities. • Partner with the CEO / Managing Director and business heads on pricing, margin management, capital expenditure, expansion projects, and new business / investment evaluation (including financial modelling, feasibility studies and due diligence). • Provide decision support on long-term contracts, fuel/commodity procurement, supply agreements and strategic sourcing from a financial risk-return perspective.
B. Accounting, Controllership and Financial Reporting
• Own the integrity of the books of account and ensure accurate, complete and timely closing of monthly, quarterly and annual accounts for the vertical and its entities. • Ensure financial statements are prepared in accordance with IFRS and applicable local GAAP, statutes and Group accounting policies. • Oversee consolidation of the Energy Vertical’s results for Group reporting, including inter-company reconciliations and eliminations. • Drive standardisation, automation and continuous improvement of accounting processes, ERP utilisation and the finance operating model.
C. Budgeting, FP&A and MIS Reporting
• Lead the annual budgeting, rolling forecasts and long-range planning exercises for the vertical. • Institutionalise robust MIS and performance dashboards - covering revenue, margins, working capital, cash flows, project performance and KPIs - for the Group leadership and Board. • Conduct detailed variance analysis (budget vs. actuals), identify profitability drivers and cost-reduction opportunities, and drive corrective action with business teams. • Monitor unit economics across energy trading, distribution, retail and export-import operations.