Allen Massawe Email and Phone Number

Business Advisory & Consulting

Key Responsibilities and profile role (including but not limited to),Reporting & Budgeting & Planning,• Prepare Monthly management reports, (EBITA report, Cash flow reports, and Profit & Loss report).• Review and ensure appropriate cost allocation to the cost centers and accurate rate is applicable in cost sharing activities.• Monitoring company’s expenditure and ensure all spending are within the budget and seek approval for any adjustment.• Support interim and annual audit (internal & external) by ensure auditors receive all the relevant information and attend audit queries.• Prepare forecast expenditure and Assist head of department/project units in projection of department expenditure and consolidate for developing whole and annual projections.• Act as a custodian of company fixed asset register and ensure disposal and additional are capitalized as per IAS 16 requirement.• Ensure all statutory payment are done within due date. (VAT, PAYE, WCF, Social Contributions, and Withholding Tax, City Service Levy)

Key Responsibilities and profile role:Planning and Supervision• Assist audit manager to prepare audit proposal and engagement letters• Participate in planning and risk assessment of the client’s internal control system.• Liaising with the Audit Manager to design and develop working paper to collect audit evidence and issue the management letter• Assist audit manager to supervise and coach audit juniorsPerform Audit Test & Compliance Review• Review the internal control system of the client and determine whether the adopted controls are adequate and relevant for preventing and detecting misstatement in financial reporting and operation• Perform audit procedure (Physical Verification, Observation, Vouching, Confirmation, and Inquiry) to test the management assertion (Existence, Occurrence, Cut-Off, Valuation, Completeness and Valuation) on financial statement section.• Validate and test for ELIGIBILITY, ALLOWABILITY and REASONABILITY of the project expenditure against the project chapter, scope, and intended goals as per donor requirement• Review the billing (invoicing) process and revenue recognition process to ensure it comply with IFRSs 15• Review the trade receivable and test for impairment against provisional made by management if they adhere to IFRS 9.• Review the compliance of tax rules and regulation applicable in Tanzania, i.e., VAT return, EFD regulation, City services levy, withholding taxes, Corporate Tax and Statutory deduction (PAYE, Social Contribution, SDL, WCF)• Review Fixed Asset register and ensure all project assets are cover with insurance policy as per donor requirement.