Thursday, 28 July 2016

Job Opportunity at Natural Extracts Industries Ltd, Apply Before: 12 Aug 2016

Natural Extracts Industries Ltd (NEI), a start-up social enterprise, is pioneering the sustainable
flavour production industry in Tanzania, starting with vanilla and other flavour extracts. The
company works in all areas from cultivation, to post-harvest processing, to value-add
manufacturing and to international sales and marketing. The supply chain currently integrates
over 1,200 farmers from Kilimanjaro, Arusha and Morogoro regions, and through this sourcing
model NEI aims to deliver a long term socioeconomic impact of ~$280 in incremental annual
income per smallholder household. Current products include natural flavours, such as: (i)
liquid extracts from vanilla, orange, cacao and coffee; and (ii) solid flavours like gourmet-grade
bourbon vanilla pods, cocoa powder and nibs. The company is embarking on high growth

Role responsibilities
The Accountant will be responsible for the following activities:

  • Book keeping by recording all the company transactions on an ERP system with careful consideration to the chart of accounts and donor/investor accounting requirements;
  • Auditing inventory physically at the end of every quarter and compare the same to the system counted inventory;
  • Reconciliation of bank statements every month;
  • Managing the petty cash box and general cash disbursements using the imprest method;
  • Responsible for product inventory control, order processing and delivery;
  • Follow up with customers on pending payments using the aged receivables report;
  • Managing raw material and general inventory orders, records and warehousing;
  • Managing payroll including statutory deductions such as TRA-PAYE and NSSF payments;
  • Managing office premises (e.g., coordinating regular maintenance), procurement of miscellaneous supplies, submission of documents to relevant parties and authorities, and assisting on travel itineraries and reservations;
  • Management of casual workers’ tasks and payments, including control checks;
  • Following up meetings and external contacts to assist the General Manager and Directors;
  • Staying abreast of updates on government policies and legislation, particularly monitoring publications on Tanzania’s Official Gazette and attending briefing meetings of the Tanzania Revenue Authority;
  • Assisting in the preparation of general paper work for submission to government entities, parastatal organisations, investors, donors and other parties, as may be needed by the NEI;
  • Any other duties as may be required from time to time by the General Manager, the Director(s) or the appointed NEI finance executive. 

Desired skills
The Accountant will have the following qualifications and competencies:

  • Bachelor's degree or equivalent in Accounting (this is a requirement and no candidates will be considered without this), with deep knowledge of International Financial Accounting Standards (IFRS);
  • At least 3 years of experience as Accountant, Senior Bookkeeper or as Office manager; procurement skills highly desirable;
  • Experience with donor grant management and/or investor relations a strong plus;
  • Ability to negotiate with contractors, follow correct procurement procedures and to quantitatively analyse pricing;
  • Ability to communicate clearly and effectively, both oral and written, in Swahili and English;
  • Highly skilled in computer productivity packages such as Microsoft Office, Google Apps and ERP systems;
  • Ability to work in a multi-cultural environment and be sensitive to foreign culture;
  • Ability to work independently, with limited supervision;
  • A passion for the food industry and social impact.

Remuneration and logistics
The Accountant will be reimbursed for a trip to Moshi, Tanzania and will be provided a gross
salary in the range of TZS 1,000,000 to 1,300,000/= per month depending on her/his

Expressions of interest
If you would like to be involved, please contact us at, including your CV and a
brief message describing your interest as an Accountant in a Moshi-based social enterprise.

Warning: Any Job Vacancy Requesting Payment For Any Reason is a Scam.

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