Our Client, The East African Community is a regional intergovernmental
organization comprising the Republic of Burundi, the Republic of Kenya,
the Republic of Rwanda, the United Republic of Tanzania, and the
Republic of Uganda with its headquarters in Arusha, Tanzania.
The EAC mission is to widen and deepen economic, political, social and
cultural integration to improve the quality of life of the people of
East Africa through increased competitiveness, value added production,
trade and investments.
This is an exciting opportunity for highly motivated and result-driven
professionals who are citizens of East African Community Partner States
(Burundi, Kenya, Rwanda, Tanzania and Uganda) to apply for the following
position tenable at East African Community Secretariat
PRINCIPAL ACCOUNTANT
(REF: EAC/HR/2014-2015/030)
GRADE: P3
REPORTS TO: Director Finance
ORGAN/INSTITUTION: EAC Secretariat
DUTY STATION: East African Community-Secretariat, Arusha, Tanzania
POSITION SUMMARY:
Ensure the financial resources are utilize effectively, and that all
payments are made in compliance with the Financial Rules and Regulations
and other directives of the Council, Summit as may be issued from time
to time.
DUTIES AND RESPONSIBILITIES:
1. Initiate
the development and improvement of accounting processes, systems and
control for implementation, in line with the Secretariat's financial
rules and regulations and International Accounting Standards;
2. Provide
leadership and overall guidance to the Accounts staff including those
of other Organs and Institutions of EAC to facilitate harmony in
implementation of standard operating systems and processes in all EAC
operations;
3. Implement financial decisions of the Council;
4. Facilitate
maintenance of accounting records for the Community, review and submit
timely and accurate analysis of periodic financial reports (monthly and
quarterly), to management for decision making;
5. Monitor
and analyze status of obligations and expenditures and ensure that
payments are disbursed in accordance with the set regulations;
6. Monitor
daily financial utilization and ensure availability of sufficient cash
in the bank accounts to meet EAC's financial obligations at all times;
7. Monitor and verify financial statements and ensure bank monthly reconciliations are completed for all EAC bank accounts;
8. Keep custody of cash receipt vouchers, cheques and other accountable documents established for payment;
9. Prepare annual consolidated financial statements for purposes of audit;
10. Provide
authoritative advice, financial interpretations, adaptations and
corrective actions in response to audits and other queries to ensure
adherence to EAC financial Rules and Regulations;
11. Maintain
Partner States contribution records, prepare and submit quarterly
demand note for contributions to Partner States and follow up on their
outstanding contributions;
12. Co-ordinate external audits and facilitate harmonization of EAC audit responses to external auditors;
13. Co-ordinate implementation of directives issues by the Council on audit observations;
14. Monitor and ensure effective operation of monthly payroll, accurate calculations are done and staff payments made on due dates;
15. Follow-up the usage of funds and ensure compliance to the rules and regulations governing Donor funds;
16. Facilitate
submission of quarterly financial reports to the Donors, including the
provision of any other information required from time to time;
17. Identify
training needs for Accounts Staff within the Community and liaise with
Human Resources department to prepare training programmes bases on the
needs identified;
18. Negotiate
bank commission rates and fixed deposit interest rates and fixed
deposits interest rates and recommend reputable banks for the Community
to deposit funds;
19. Perform any other duties as may be assigned by Management.
MINIMUM JOB REQUIREMENTS
ACADEMIC AND PROFESSIONAL QUALIFICATIONS:
(i) A Master’s degree or MBA in Finance and/or Accounting;
(ii) Certified Public Accountant: CPA (T), CPA (K), ACCA or equivalent;
iii) Minimum 10 years post qualification relevant experience with 5
years at senior position, preferably in International Organization or
Regional Organization;
SKILLS AND COMPETENCIES:
The ideal candidate should demonstrate good leadership, planning,
interpersonal communication, and report writing skills; must be a team
player and must prove proficiency in application of spreadsheet and
database accounting, including the use of Sun Accounting Software.
DURATION OF CONTRACT: Five (5) years, renewable once.
TERMS AND CONDITIONS OF SERVICE
Professional staff positions are tenable for a contract of five (5)
years renewable once, while general staff positions are tenable for five
(5) years renewable until mandatory retirement age of 60 years subject
satisfactory conduct and performance.
This position is subject to the application of the Quota System .
FRINGE BENEFITS
All posts offer attractive fringe benefits including housing allowance,
transport allowance, education allowance, a medical scheme, and
insurance cover.
EDUCATION QUALIFICATIONS
All candidates applying must have qualifications that are recognised by
the relevant national accreditation body in their respective countries.
This condition is applicable for locally and internationally attained
qualifications.
All professions that require registration with the specific professional
bodies will be expected to do so in compliance with the requirements of
their respective countries. Examples include: Accountants, Auditors,
Engineers, Procurement Specialists, and Medical Personnel.
RELEVANT WORKING EXPERIENCE
Relevant working experience in this regard refers to post education work
experience. Internship, training, apprenticeship and clerkship will not
be considered as relevant work experience. The same will apply for any
experience attained before professional certification where relevant.
EQUAL OPPORTUNITY
The EAC is an equal opportunity employer; therefore, female candidates
are particularly encouraged to apply. EAC will only respond to those
candidates who strictly meet the set requirements.
HOW TO APPLY
Interested candidates who meet the qualification and experience
requirements for the above mentioned position are advised to send their
applications, detailed curriculum vitae, photocopies of academic
certificates, and names and contact details of three referees. Please
quote the respective reference number on both on the application letter
and envelope. For electronic submission, please quote the respective
reference number on the subject of the email and send to the address
given below.
Applications should be submitted to the address below not later than Monday, 6th April 2015.
Please note:
1. You may submit your application either electronically or in hard copy but not both.
2. Applications
which do not: indicate nationality and age; the reference number; or
have an application letter attached; have certified copies of academic
certificates; or fail to provide three referees will be disqualified.
The Director,
Executive Selection Division
Deloitte Consulting Limited 10th Floor PPF Tower
Cnr of Ohio Street & Garden Avenue: P O Box 1559 Dar-es-Salaam, Tanzania Fax +255(22) 2116379
E-mail: esd@deloitte.co.tz
Saturday 28 March 2015
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