TAZAMA SAVING AND CREDITS COOPERATIVE SOCIETY
EMPLOYMENT OPPORTUNITIES
Background:
TAZAMA
SACCOS is a financial institution conducting saving and Credit
Cooperative Society activities and registered under the Co-operative
Societies Act No 6 of 2013 and is licensed under the Microfinance Act No
18 of 2018. The Saccos is located at TAZAMA-Regional Office (Kigamboni)
in Dar es Salaam. The main objective of the Society is to mobilize
savings, provide loans facilities to its members in accordance to loan
policy and other value-added services such as developing savings
tradition, financial management and encouraging investment behavior
aimed at improving the social and economic well being of its members.
Recommended:
TAZAMA SACCOS is seeking to recruit competent qualified Tanzania citizens to fill the following job vacancies below....
Position: MANAGERReports to: SACCOS CHAIRPERSON
General Responsibility: Responsible in ensuring maximum utilization of available resources and exploring potentials that will create values to members and Saccos growth.
Duties and Responsibilities:
- Ensure various resources are identified, deployed and managed effectively to achieve positive results on attracting new members and increase financial liquidity and capital.
- Ensure existence and best practice of Saccos Mission and Vision with implementation of policies and strategies to attain Saccos objectives.
- Champion in all issues related to product development, innovation, market penetration, legal matters and use of technology to meet customer’s satisfaction.
- Collaboration with Board Chairperson to undertake all human capital issues including staff motivation, financial discipline and capacity building to staff and members.
- Advise the Board on investment decisions.
- Corresponding with other stakeholders and Saccos management on amendments of available bylaws and regulations by introduction new laws aiming at smooth running on daily operations and portfolio growth.
- Manage Saccos budgets and financial projections and advise on appropriate approaches to minimize cost and maximize profit, oversee all compliance issues and ensure that are done timely.
- Representing TAZAMA Saccos to external forums and other networks including government institutions as directed by Saccos Board.
- Carries out any other duties as may be assigned by Saccos Board.
Read Also:
- Holder of Bachelor’s Degree in Business Administration, Cooperative Management, Finance, Project Management or Microfinance from recognized institution. Master’s Degree will be an added advantage.
- At least Five years working experiences as a Manager in reputable organization, working in Micro finance institution will be an added advantage.
- Good communication skills (Fluent in English and Kiswahili both oral and Written) and a keen attention to details.
- Ability to work with only minimum supervision with integrity, creativity and honesty.
- Proved Leadership, Training and Negotiation skills.
- Computer experience and proficient in Microsoft products such as Advanced Excel, Word and PowerPoint.
- Age 35-45 years.
Position: LOAN OFFICER
Reports to: SACCOS MANAGER
JOB RESPONSIBILITIES:
- Implement credit policies and procedures as per appraisal & loan approval
- To process loan applications and verify client’s ability to repay
- To manage & monitor loan disbursements and collect loan repayment documents
- Prepare periodical loan reconciliation reports(weekly,monthly,quarterly & annually)
- Respond to queries relating to loan
- Any other duties as assigned by the supervisor
Read Also:
- Advance Diploma/First degree in Finance or Accounting
- Ability to work in a team under pressure environment
- Good communication skills(Fluent in English and Kiswahili both oral and written)
- Energetic people, especially youth of age between 25-35 years.
- Computer literacy-Ms. Word, MS Excel, MS Access & Internet.
- Ability to use Accounting software will be an added advantage.
- Attributes for all positions:
- Demonstration of high ethical values
- Ability to work in a multicultural, diverse and highly performance-driven environment and meet deadlines.
- Leadership and team building
- Managing performance and accountability
- Ability to plan and execute task with minimal supervision
Position: INTERNAL AUDITOR
Reports to: BOARD
General Responsibilities: Responsible to protect assets of the Saccos, compliance with internal procedure and reviewing business process, protects against fraud and theft of the Saccos assets and evaluate the effectiveness and efficiency of risk management procedures that are in place currently with recommendation on how to improve internal controls and governance process.
Duties and Responsibilities:
- Ensures that the Saccos complies with internal regulations and control procedures.
- Examine documentation, including reports, statements, records, and memos to gather information required.
- Reconcile documentation with actual inventory or assets
- Prepare reports and preserves documentation pertaining to audits for internal records.
- Present summarized findings concerning audit results and trend for internal control purpose.
- Make recommendation for the best ways for the Saccos to avoid fraud and reduce waste
- Assess best financial practices for the Saccos to make relevant, informed suggestions.
- Keep up to date on audit procedures and regulations by attending conferences and required approved trainings.
- Review operation systems, policies and procedures of all units to ascertain possible risk on controls and recommending a proper mitigation.
- Works with team to achieve Saccos goals.
Read Also:
- Holder of Bachelor’s Degree or Advanced Diploma in Accountancy or related field from recognized institution.
- Must be CPA (T) holder.
- At least three years working experiences as an Auditor in reputable institution, working in Micro finance institution will be an added advantage.
- Demonstrated proficiency in Auditing accounting system software or financial solution system will be an added advantage.
- Good communication skills (Fluent in English and Kiswahili both oral and Written) and a keen attention to details.
- Computer literacy – Ms Excel, Ms Word & PowerPoint
- Must be registered by NBAA.
- Age 30-45 years.
Position: ACCOUNTANT
Reports to: SACCOS MANAGER
General Responsibility: Responsible in safeguarding assets of the Saccos and ensure appropriate accounting procedures and proper records.
Duties & Responsibilities
- Supervise the proper maintenance of Saccos’ books of accounts and subsidiary ledgers including staff advances.
- To prepare monthly, quarterly and annual financial reports and provide income and expenditure reports both for internal and external use.
- To prepare annual budgets and financial projection of the society.
- To maintaining members control accounts, manage timely submission of deductions to HR and ensure payroll recoveries from salaries are paid to the Saccos fund on monthly basis.
- To provide accurate, correct and updated information to members regarding their contributions and loans balances any time required.
- Approve payments through electronic fund transfer (EFT) and TISS in accordance to level of approvals and ensure adherence to all financial policies and procedures.
- Advise Saccos management in making proper investment decisions.
- Ensure statutory deductions such as TRA, NSSF, WCF, Insurance etc has been properly prepared and dispatch to the respective institutions by the due dates.
- Facilitate Audit exercises and follow up on Audit and Investigation recommendations.
- Carries out any other duties as may be assigned by Manager or Board
Read Also:
- Holder of Bachelor’s Degree or Advanced Diploma in Accountancy or related field from recognized institution.
- Must be holder of CPA(Tj or ACCA professional qualifications and must be registered by NBAA.
- At least three years working experiences as an Accountant in reputable institution, working in Micro finance institution will be an added advantage.
- Good communication skills (Fluent in English and Kiswahili both oral and Written) and a keen attention to details.
- Computer literacy on Microsoft products such as Advanced Excel, Ms Word, Ms Access, Power point & Internet experience.
- Ability to use Accounting software.
- Age 25-45 years.
Terms of Employment:
- The incumbents will be offered employment opportunities upon completion of a probation period of Six (6) months and a dean vetting process result.
- An attractive remuneration package will be offered to successful candidates
Read Also:
Application in own handwriting with detailed CV including Photocopies of relevant academic certificates should be submitted to the undersigned before 03rd March, 2021.
BOARD CHAIRPERSON,The deadline for submitting the application is 03rd March, 2021.
TAZAMA SACCOS,
P.O. BOX 2157,
DAR ES SALAAM.
