Are you a detail-driven financial professional looking to make a meaningful impact? Do you have a passion for using your skills to contribute to economic development? VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) is inviting qualified and dynamic Tanzanians to apply for a key position that offers growth, purpose, and an opportunity to shape the future of finance in Tanzania, Finance Officer – Management Accountant at VisionFund July 2025.
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About VisionFund Tanzania Microfinance Bank (VFT MFB)
Formerly known as SEDA, VisionFund Tanzania is a fast-growing and reputable microfinance bank with a loan book exceeding TZS 44 billion and a customer base of over 60,000—more than 5,000 of whom are smallholder farmers. With a mission focused on empowering communities, VFT MFB continues to play a vital role in Tanzania’s financial sector.
Position: Finance Officer – Management Accountant
Work Reference No: 11/25
Reporting To: Finance and Treasury Manager
Location: Arusha, Tanzania
Application Deadline: 13th July 2025
Role Overview
As a Finance Officer – Management Accountant, you’ll be responsible for preparing detailed financial reports and reconciliations, ensuring compliance with regulatory requirements, analyzing data to drive smarter business decisions, and supporting audits. This is a pivotal role within the Finance Department and offers the opportunity to grow professionally within a purpose-driven institution.
Key Responsibilities
1. Financial Reporting & Compliance
- Prepare financial and management reports for internal and external stakeholders, including regulatory bodies and group offices.
- Ensure reports are submitted timely and in accordance with Central Bank regulations and internal policies.
- Interpret financial data and provide strategic insights and recommendations to support informed decision-making.
2. Budgeting & Cost Monitoring
- Assist in the preparation of annual budgets.
- Guide payment officers on maintaining budgetary discipline.
- Analyze cost trends and suggest cost-saving measures, including evaluating suppliers and service providers.
3. Month-End Closures & Reconciliations
- Conduct detailed reconciliations for internal accounts and suspense accounts.
- Monitor financial accuracy during month-end and year-end closing processes.
- Capture and review loan write-offs and maintain accurate ledgers for assets and liabilities.
4. Audit Support
- Prepare and present audit-ready reports in the required format.
- Support both internal and external audit processes.
- Respond to inquiries from auditors and regulatory examiners.
- Follow up on closure of audit findings.
5. Donor & Lender Reporting
- Monitor compliance with donor covenants.
- Prepare accurate reports for grants and lender agreements.
6. Additional Duties
- Perform other responsibilities as assigned by the CFO.
Qualifications & Experienc
- CPA (T) or equivalent professional certification.
- Bachelor’s Degree in Accounting, Finance, or related field.
- At least 2 years of experience in financial reporting or accounting, preferably in microfinance or banking.
- Strong analytical, organizational, and communication skills.
- Proficient in Microsoft Office, particularly Excel.
- Familiarity with regulatory and donor reporting (WV Grant accounting is a plus).
- Demonstrated leadership qualities and a high degree of integrity.
Desirable Attributes
- Excellent interpersonal and written communication skills.
- Strong ethical foundation and personal accountability.
- Ability to work under pressure and manage multiple deadlines.
- Confident interacting with regulatory bodies and external stakeholders.
Our Work Culture
At VisionFund Tanzania, we foster a peaceful, collaborative, and spiritually enriching workplace. Staff are recognized and rewarded for their contributions, and personal and professional growth is encouraged. We are also deeply committed to safeguarding both adults and children from harm.
Female Candidates Are Strongly Encouraged to Apply!
Application Instructions
Qualified and interested individuals should submit:
- A cover letter
- Certified copies of academic and professional certificates
- A detailed CV with three referees
- A copy of their National ID
Send your application to: application@vftz.co.tz, Use the position title as the subject of your email. Address your application to:, The Chief Executive Officer, VisionFund Tanzania Microfinance Bank Limited, P.O. Box 1546, Arusha, TANZANIA, Deadline: 13th July, 2025, Only shortlisted candidates will be contacted.
Important Notice
VisionFund Tanzania does not work with recruitment consultants or agents. All hiring is handled directly by the organization.
