Finance Assistant

Position Title

Finance Assistant

Company:

TAMARSO

Department

Finance and Administration

Reporting to

Admin and Finance Manager

Duration

One year, Renewable Subject to Performance and Business

Duty Station

Mogadishu

About TAMARSO:

TAMARSO is a fast-growing and ambitious company in Somalia specializing in commercial and industrial solar energy systems. As a Somalia-based renewable energy firm with headquarters in Mogadishu, our mission is to assist and inspire medium and large electricity customers in Somalia to adopt renewable energy as their primary energy source. We provide holistic, high-quality, and secure hybrid energy and mini-grid solutions to commercial users such as hotels, large office buildings, universities, boreholes, industries, and grid providers.

Overview Position:

As a Finance Assistant at TAMARSO, your primary responsibility will be to support the finance department in various financial tasks and ensure the smooth operation of financial activities within the organization. You will work closely with the finance team and report directly to the Finance Manager. This role requires attention to detail, strong analytical skills, and the ability to work effectively in a fast-paced environment.

Key Responsibilities:

o   Financial Data Management:

Þ    Assist in maintaining accurate financial records, including accounts payable, accounts receivable, and general ledger entries.

Þ    Ensure the timely and accurate processing of financial transactions, such as invoices, expense reports, and purchase orders.

Þ    Verify the accuracy of financial documents and transactions, and resolve any discrepancies or errors.

o   Financial Reporting:

Þ    Prepare financial reports, including profit and loss statements, balance sheets, and cash flow statements, statement of changes in owner equity, on a regular basis.

Þ    Assist with month-end and year-end closing activities, ensuring adherence to established timelines and procedures.

Þ    Conduct variance analysis and provide explanations for any significant deviations.

o   Budgeting and Forecasting:

Þ    Support the finance team in the preparation of weekly budgets and periodic forecasts.

Þ    Assist in monitoring budget performance and provide analysis to identify trends and areas for improvement.

Þ    Collaborate with department managers to gather financial data for budgeting purposes.

o   Financial Analysis:

Þ    Conduct financial analysis to support decision-making and provide insights into financial performance.

Þ    Assist in preparing financial models, projections, and cost-benefit analysis for new initiatives or projects.

Þ    Identify opportunities for cost savings, process improvements, and efficiency enhancements.

·         Bachelor's degree in finance, accounting, or a related field (any accounting qualification/ certification will be an added advantage).

·         Proven experience of at least three years in finance or accounting.

·         Strong understanding of financial principles and practices.

·         Proficiency in financial software and tools, such as Excel, accounting software (QuickBooks), and ERP systems.

·         Excellent analytical and problem-solving skills.

·         Attention to detail and accuracy in financial data management.

·         Effective communication and interpersonal skills.

·         Ability to work independently and collaboratively in a team environment.

·         Familiarity with relevant financial regulations and compliance requirements.

Please note that the above job description is a general outline and may vary depending on the specific requirements and organizational structure of TAMARSO or any other company.

Interested Somali candidates who meet the above criteria are encouraged to send their application letters and detailed CVs to ([email protected]).

The closing date for applications is March 15, 2024, at 4:30 PM.

Please indicate "Finance Assistant TAMARSO - Mogadishu, Somalia" in the subject line when applying. Only shortlisted candidates will be contacted.

We appreciate your interest in joining TAMARSO and look forward to reviewing your application.

Women are highly encouraged to apply!