Finance Manager

PORTWEST, a leading global manufacturer of safety wear, workwear and PPE is currently seeking applications for the position of Finance Manager in Dar Es Salaam, Tanzania. Portwest is one of the fastest growing workwear companies in the world currently employing over 5,300 staff worldwide, with customer service staff in over 130+ countries and 11 Global warehouses in UK, Ireland, Italy, Poland, Spain, UAE, USA and Australia. We design, manufacture and distribute market leading workwear, safety wear and PPE in fully owned production facilities. 

JOB SUMMARY:

The Finance Manager will develop and implement the company’s financial strategy, goals and objectives for Tanzania, where Portwest are newly setting up operations.

OVERVIEW OF DUTIES & RESPONSIBILITIES:

• Develop and manage annual budgets for the finance and accounts department and collaborate with other departments to ensure budgetary compliance.

• Contribute to the development of financial strategies and long-term financial plans for the organization.

• Conduct cost analysis to identify areas for cost reduction and efficiency improvement.

• Prepare and present accurate and timely financial reports for internal and external stakeholders.

• Ensure compliance with accounting standards and regulations.

• Analyze financial variances against budgets and forecasts, providing explanations for discrepancies.

• Manage and optimize cash flow to ensure the organization's financial stability. Where required, They will possess bank exposure and have experience handling bank loans, sourcing of new finances including foreign finance.

• Oversee the maintenance of the general ledger and ensure accuracy in financial records.

• Supervise the processing of accounts payable and receivable, ensuring timely payments and collections.

• Monitor and enforce compliance with financial policies, procedures, and regulatory requirements.

• Identify and assess financial risks, implementing strategies to mitigate them. Provide financial insights to support strategic decision-making by senior management.

• Evaluate potential investments and provide financial analysis for decision-making.

• Develop financial models to support business planning and investment decisions..

• Build and maintain strong relationships with vendors and clients, especially in financial matters.

• Any other tasks assigned by the department head and management.

REQUIREMENTS:

• 10+ years experience in a similar role (Experience within the garments manufacturing industry is preferred but not required)

• Candidate should have Chartered Accountant with Master’s degree in Accounting, Finance preferable or BBA & MBA in Accounting/Finance degree

• Be capable to present monthly results to Finance Leadership Team for review and analysis.

• Responsive to financial inquiries by gathering, analysing, summarising and providing relevant commentary on the financial information available

• Responsible for ensuring balance sheet for the division is reconciled monthly including preparation of supporting schedules.

COMPANY AWARDS

• Great Place To Work 2023
• Best Medium Sized Workplaces 2022
• Ibec Leading in Wellbeing Top 100 companies 2021
• Portwest CEO - Business Man Of The Year - In Business Ireland 2020
• Deloitte Best Managed Companies 2016-2023
• Private Irish Business of the Year Export Industry Awards 2019
• Exporter of the Year 2018
• Portwest CEO - EY Entrepreneur of the Year 2017

Portwest do not support visa sponsorship for this role. Applicants must have a right to work and must fulfil any relevant visa / work permit requirements in the relevant jurisdiction.

Portwest are an equal opportunity employer. All applicants will be considered for employment without attention to age, gender, race, religion, sexual orientation, civil status, veteran status, family status, civil status, disability status or membership of a minority group.