CHIEF ACCOUNTANT 1 POST

Job Description

AMKENI SACCOS LTD is a community based SACCOS conducting Saving and Credit Cooperative Society activities and registered under the Co-operative Societies Act and is licensed under the Microfinance Act No 18 of 2018 as a SACCOS Class B. The SACCOS is located at MWAMBENE AREA along TEKU ROAD MBEYA CITY. The main objective of the Society is to mobilize savings, provide loans facilities to its members in accordance to loan policy and other value and services such as developing savings tradition, financial management.

AMKENI SACCOS is seeking to recruit competent qualified Tanzania citizen to fill the position below.

Job Title: CHIEF ACCOUNTANT 1 POST

Reports to: General Manager

Job Purpose: To provide technical finance expertise and advise to ensure complete accuracy of all finance transactions and to manage all financial aspects of AMKENI SASCCOS LTD

 

DUTIES AND RESPONSIBILITIES

1. Write and maintain books and other accounting records as described in the internal control policy.

2. Monitoring the efficiency of existing accounting procedures and ensuring they comply with the government regulations
3. Reviewing financial documents to resolve any discrepancies and irregularities

1.  To reconcile the Bank account every month.

5. Preparing and analysing financial statements like cash flow statement, balance sheet and profit and loss statement
6. Reconciling already documented reports, statements and various transactions

1.  To advise the manager to enable the manager to make sound professional decisions regarding finances.
2.  To perform all duties as may be assigned by the Board and its committees including the management committee.
3.  Comply with accounting rules and regulations and the association’s rules in accounting field.
4.  Close the final accounts and submit them to the manager/board for review by external auditors.
5. Execute any activities assigned by the Board or SACCOS’s various committee according to specific resolutions;

KEY QUALIFICATIONS, EDUCATION AND EXPERIENCE

1. Bachelor Degree in accountancy, finance, business administration, cooperative accounting or any other business related degree or advance diploma with relevant experience.
2. Must be a holder of CPA (T) from NBAA or ACCA from NBAA Board
3. Excellent oral and writing communication in English Essential Knowledge, skills and experience.
4. Substantial (minimum 2 years) experience in a relevant role
5. Ability to build good working relationship with finance and non-finance staff.
6. Ability to work as part of team, desirable knowledge, skills and Experience.
7. Knowledge in using computer and data collection related devices.
8. Applicants age must not be above 45 years old

 

Job title: LOAN/CREDIT OFFICER (1 Position)

Reports to: General Manager

Job Brief 

Our lending team is looking for an experienced Credit Officer to come aboard. Your role will entail assessing and sanctioning loan applications, scrutinizing credit risk, and handling loan portfolios.

The preferred candidate should have exceptional analytical skills and effective communication skills and be capable of working competently in a fast-paced atmosphere.

DUTIES AND RESPONSIBILITIES

1. Evaluate loan applications and assess credit risk, including reviewing financial statements, credit reports, and other relevant information.
2. Analyze loan portfolios and monitor performance, including identifying and mitigating risks.

• Ensure compliance with lending policies and regulations, including underwriting guidelines, anti-money laundering regulations, and fair lending practices.

1. Manage loan disbursements and collections, monitor repayment schedules, and follow up on delinquent accounts.
2. Communicate effectively with loan applicants, borrowers, and other stakeholders, including providing feedback and guidance throughout the loan application process.
3. Develop and maintain relationships with other lending institutions and service providers.

• Identify and recommend process improvements and best practices.
• Assist with other lending and credit functions as needed.

 

 

KEY QUALIFICATIONS, EDUCATION AND EXPERIENCE

1. Bachelor’s degree in finance, business, economics, or a related field
2. Minimum of 2 years of experience in SACCOS lending, credit analysis, or a related field
3. Strong understanding of lending and credit principles and practices
4. Familiarity with lending regulations related to underwriting, anti-money laundering, and fair lending practices in co-operative societies
5. Excellent analytical skills, including evaluating financial statements and credit reports
6. Strong communication and interpersonal skills in both English and Swahili language.
7. Ability to work independently and as part of a team
8. Proficiency in Microsoft Excel and other office software
9. Experience in a financial institution or a similar industry is a plus.
10.  Applicants age must not be above 45 years old.

 

GENERAL TERMS AND CONDITIONS

1. A signed Application letter should be written either English or Swahili;
2. Applicants must attach an up to date Curriculum Vitae (CV) having reliable applicant’s contacts, e-mail address, reachable telephone numbers as well as three (3) referees with their reliable contracts;
3. Applicant must attach their certified copies of academic certificates and transcripts;
4. Copy NIDA identity or National Identification Number (NIN) issued by NIDA.
5. Only shortlisted candidate will be contacted.

• CLOSING DATE

Applications should reach the undersigned not later than 4:00 PM on saturday 31May, 2025 All applications should be sent to;

BOARD CHAIRMAN

AMKENI SACCOS LTD

P.O.BOX 2587

MBEYA.

To be submitted by hand or through email [email protected]