MFS Accountant Job at TiGO
MFS Accountant Job at TiGO…See Details on how to apply for the vacancies available at TiGO.
Tigo Tanzania is a growth story driven by entrepreneurs and innovation. The company forms part of Millicom, one of the earliest pioneers in commercial mobile telephony and a market leader in 13 emerging markets across Africa and Latin America.
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- MFS Accountant
Responsibilities;
- Prepare monthly financial reports related to the MFS business that will provide the basis to account for all the MFS actual revenue and cost for the month.
- Prepare a summary report for interoperability revenue and cost. i.e Tanzania – Rwanda transactions, MNOs – (Tigo to MNOs), Tigo Nivushe, and related revenues.
- Ensures MFS financial transactions comply with international financial reporting standards (IFRS).
- Review all the MFS commissions/costs and approve payments.
- Calculate and transfer final MFS gross margin from the MFS trust account to MIC as per treasury process manual and ensure the integrity of all the associated wallets.
- Calculate and transfer all the MFS tax wallets (excise duty, input and output vat, and withholdings tax) from the MFS trust account to the mic in a timely manner.
- Prepare a memo for MFS manual adjustments on revenues and commissions as and when required.
- Reconciliation of commission accruals vs actual payments to ensure accuracy and completeness of the commission payment.
- Assist interest payment process by the reconciliation of interest earned from trust accounts, wallets, GL bookings and advise the amount available for distributions after netting of all the allowed administration cost from the bot.
- Assist to provide all the information required for auditor/regulators.
- Assist in the process of preparations of MFS financials.
- Ensure that all other MFS-related transactions are timely and correctly posted in the GL.
- Facilitate Invoicing Process for all Tigopesa revenue Stream in alignment with the automation team.
- Prepare calculation and provide information’s invoicing purpose.
- Be a point of contact for all MFS-related finance matters and participate in the process of MFS product development.
- Ensure that all accounting and MFS controls as communicated from time to time are performed and formalized in all activities.
Qualifications;
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- Bachelor of Commerce degree (or equivalent) majoring in Accounting or Finance.
- CPA/ACCA is an added advantage.
- Work experience of 2 years in Mobile finance.
- Advanced knowledge of Excel and MS office packages.
- Ability to produce accurate and timely information in a highly dynamic work environment.
- Teamwork spirit, ability to work independently with minimum supervision and meet deadlines.
How to Apply
Interested applicants should CLICK HERE to apply.
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Application Deadline: 31st May 2021.
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