JUMA ALI
ARUSHA
Summary
A Certified Public Accountant (CPA), who is eager to contribute professional skills to the society for nation building, I am reliable and trustworthy. I am able to prioritize my workload, able to work on my own initiative and as part of a team. Dedicated to maintaining high quality of standards.
Finance professional with robust background in financial management and strategic planning. Known for driving efficiency and enhancing financial performance through effective collaboration and adaptability. Proficient in financial analysis and risk management, with focus on delivering results.
Overview
13
13
years of professional experience
Work History
Head of Finance
AMAMA FARMS LIMITED
Dar Es Salaam, Mtwara And Pwani (Remote)
01.2023 - Current
- Oversaw annual audit process, ensuring accurate representation of financial position in accordance with GAAP standards.
- Led implementation of new ERP system, increasing efficiency within the finance department while enhancing data visibility.
- Implemented risk management practices to mitigate potential losses and safeguard company assets.
- Managed debt financing activities, negotiating favorable terms to minimize borrowing costs.
- Implemented a robust budget variance analysis process to identify discrepancies early on and improve future planning initiatives.
- Streamlined vendor payment processes, improving relationships while reducing processing time and errors.
- Managed budgeting process, ensuring accurate forecasting and timely adjustments to meet business needs.
- Improved financial operations by streamlining processes and implementing new accounting systems.
- Collaborated with cross-functional teams to align financial goals with overall company objectives.
- Reduced overhead costs by identifying inefficiencies and implementing cost-saving measures.
- Optimized cash flow management through efficient working capital strategies and investment decisions.
- Developed finance team talent through targeted training programs and regular performance evaluations.
- Enhanced financial reporting accuracy through the development of comprehensive internal controls.
- Negotiated contracts with suppliers for more favorable terms, resulting in significant cost savings.
- Drove revenue growth by identifying key performance indicators and optimizing pricing strategies.
- Strengthened communication between finance department and other business units, fostering an environment of collaboration across the organization.
- Spearheaded merger and acquisition activities, successfully integrating acquired companies into existing financial structures.
- Ensured compliance with all regulatory requirements by staying abreast of industry changes and updating policies accordingly.
- Provided senior management with strategic financial insights for informed decisionmaking.
- Evaluated investment opportunities for long-term growth potential, supporting business expansion efforts.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Assisted with recruiting, interviewing, and hiring new department employees.
- Verified compliance of financial policies and accounting procedures against federal regulations.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Reduced process discrepancies through measured implementation of performance reporting and data systems.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Complied with established internal controls and policies.
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Supported financial director with special projects and additional job duties.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
Accounting Manager
Tram Biz Support Ltd
01.2022 - Current
- Supervise and allocate the work of the Accountancy Section to ensure that all tasks are completed within prescribed timescales
- Responsible for tax planning throughout the fiscal year; files annual corporate tax return
- Lead on any recommendations that are suggested in the audit report or management letter
- Act as the first point of contact for the auditors, and communicate with them to ensure all questions can be answered efficiently
- Ensure that Debtors, Creditors, cash & bank accounts are accurate and reconciled
- Ensure all the inventory records are up-to-date at all times
- Contribute to the preparation of the annual revenue and capital budgets, monitoring of financial performance and completion of the annual accounts
- Finalize payroll and the PAYE, SDL, NSSF & WCF statements and periodic filing of these returns
- Filing of monthly VAT returns and preparing the monthly VAT reconciliation with the ledger
Chief Accountant
Galaxy Food and Beverages Ltd
01.2020 - 12.2021
- Company Overview: www.kilimanjarofresh.co.tz
- Finalization of annual accounts
- Preparing monthly management reports
- Lead on any recommendations that are suggested in the audit report or management letter
- Act as the first point of contact for the auditors, and communicate with them to ensure all questions can be answered efficiently
- Ensure that Debtors, Creditors, cash & bank accounts are accurate and reconciled
- Ensure all the inventory records are up-to-date at all times
- Finalize payroll and the PAYE, SDL, NSSF & WCF statements and periodic filing of these returns
- Filing of monthly VAT returns and preparing the monthly VAT reconciliation with the ledger
- Ensure all the statutory requirements are adhered to
- Develop and maintain thorough financial procedures for the organization including staff payroll, Inland Revenue, Insurance, invoice/payments etc
- Ensure all finance records are kept accurately and securely
- Ensure financial policies are being adhered to as advised by the top management
- Www.kilimanjarofresh.co.tz
Head of Accounts
Quality Food Products Ltd
05.2017 - 01.2020
- Company Overview: www.greatafricanfood.com
- Manage financial and operational risks through effective and efficient internal controls
- Coordinate external donor audits
- Prepare and manage payroll
- Supervise and mentor finance team member(s)
- Assure transactions are entered correctly, properly documented and digitally filled
- Upload in accounting system appropriated transaction records of purchases and deposits
- Produce monthly financial statements and cash flow reports
- Produce and manage budgets as required
- Provide oversight and review of inventory management and inventory management system
- Responsible for overall asset management
- Process monthly bank reconciliations
- Interface with bank officials as needed
- Perform Internal audits as needed to identify and correct problems
- Perform VAT return monthly
- Manage farmers accounts more than 5000 farmers
- To manage all our Farm Managers and administrators who manage more than 1000 farmers in Tanzania
- Www.greatafricanfood.com
Accountant
Quality Food Products Ltd
01.2014 - 05.2017
- Managing Farmers Accounts
- Preparation and follow up of the organization VAT refund
- Engage in preparation of various financial reports
- Engage in Internal and External Audit exercise
- Verification of various transactions
- Monthly Stock Taking
- Posting of various financial transactions in the QuickBooks system and perform necessary General Ledger reconciliation
- Preparation of payments and ensure proper filling and custody of all payment documents
Assistant Accountant
Quality Food Products Ltd
07.2013 - 01.2014
- Managing Farmers Accounts
- Posting of various financial transactions in the QuickBooks system and perform necessary General Ledger reconciliation
- Handling of Office Petty Cash
- Assist in carrying out monthly bank reconciliation
NATIONAL SOCIAL SECURITY FUND{NSSF}
07.2011 - 02.2012
- Bank reconciliation
- Cash book controlling
- Fixed Asset Management
- Preparing of payment voucher {PV}
Education
Bachelor degree - accountancy
TANZANIA INSTITUTE OF ACCOUNTANCY
06.2012
Advanced Certificate of Secondary Education -
BENJAMINI MKAPA HIGH SCHOOL
02.2009
Certificate of Secondary Education Examination -
MAKONGO {TPDF} SECONDARY SCHOOL
10.2006
Skills
- Ms Word
- Ms Excel
- Ms Publisher
- Ms Power Point
- Internet and E-mail
- Tally
- Pastel
- MYOB
- Quick Book
- Ability to work on own initiative
- Ability to work as part of a team
- Ability to work under pressure
- Excellent organization skills
- Fast learning
- Ability to cope
- Ability to meet deadlines
- Financial policy creation
- Analytical and Critical Thinking
- Performance Metrics Monitoring
- ERP System Implementation
- Cash Flow Management
- Regulatory Compliance Knowledge
- Working capital management
- Profit maximization techniques
- Internal controls implementation
- Corporate Governance Understanding
- Investment Portfolio Management
- Financial Data Interpretation
Fieldwork
NATIONAL SOCIAL SECURITY FUND{NSSF}, 07/01/11, 02/29/12, Bank reconciliation., Cash book controlling., Fixed Asset Management., Preparing of payment voucher {PV}.
Personal Information
- Place of Birth: TANGA
- Health Status: EXCELLENT
- Date of Birth: 05/31/87
- Gender: MALE
- Nationality: TANZANIAN
- Marital Status: MARRIED
References
- SHAIBU K HIMIRI, GENERAL MANAGER, NJOMBE MILK FACTORY COMPANY LTD, P.O.BOX 462, NJOMBE, +255 676 409 557, shaibkassim@yahoo.co.uk
- ANNA D. MAKUMULU, ACCOUNTS MANAGER, QUALITY FOOD PRODUCTS LTD, P.O.BOX 462, ARUSHA, +255 769 421 814, makumuluanna@gmail.com
- CHRISTINE MATEMU, ACCOUNTANT, QUALITY FOOD PRODUCTS LTD, P.O.BOX 462, ARUSHA, 0753 222 429, matemu1christine@gmail.com
Hobbies and Interests
- Playing and watching football.
- Internet surfing and chatting with friends.
- Watching Technological events.
- Travelling.
Languages
Swahili
Native language
eng
Advanced
C1
Timeline
Head of Finance
AMAMA FARMS LIMITED
01.2023 - Current
Accounting Manager
Tram Biz Support Ltd
01.2022 - Current
Chief Accountant
Galaxy Food and Beverages Ltd
01.2020 - 12.2021
Head of Accounts
Quality Food Products Ltd
05.2017 - 01.2020
Accountant
Quality Food Products Ltd
01.2014 - 05.2017
Assistant Accountant
Quality Food Products Ltd
07.2013 - 01.2014
NATIONAL SOCIAL SECURITY FUND{NSSF}
07.2011 - 02.2012
Advanced Certificate of Secondary Education -
BENJAMINI MKAPA HIGH SCHOOL
Certificate of Secondary Education Examination -
MAKONGO {TPDF} SECONDARY SCHOOL
Bachelor degree - accountancy
TANZANIA INSTITUTE OF ACCOUNTANCY