LESA SACCOS LTD is a registered Savings and Credit Cooperative Society whose main objective is to mobilize savings from members and in return provide credit facilities. It is an employee-based SACCOS located in Dar es salaam, which was established in Febuary 201 0 as per the requirements of the Co-operative Societies ACT No.6 of 2013.
LESA SACCOS intends to recruit a full time FINANCE and ADMINISTRATION MANAGER and one LOAN OFFICER.
- POST – FINANCE AND ADMINISTRATION MANAGER
Position Description:
The Finance and Administration Manager reports to the Board and is responsible for providing effective and efficient financial and administrative services. This position is subject to a probation period of 6 months.
The successful candidate will be responsible for managing and developing and leading internal team to support the following areas: finance, business planning and budgeting, human resources, administration, and information technology, and ensure quality customer services.
The Finance and Administration Manager is part of the Board of Directors of LESA SACCOS and play a critical role in strategic decision making and operations.
This is a tremendous opportunity for a finance and operations leader to maximize and strengthen the internal capacity of a well-respected, high-impact LESA SACCOS.
Specific Duties and Responsibilities
Finance
• Establish, maintain and reconcile the general ledger
• Prepare monthly bank reconciliations
• Prepare cheques payments for accounts due
• Ensure transactions and other data are properly recorded and entered into the computerized accounting system and excel/manual books
• Maintain financial files and records
• Receive and verify invoices
• Maintain the assets register
Other Responsibilities
Specific Duties and Responsibilities
Finance
• Establish, maintain and reconcile the general ledger
• Prepare monthly bank reconciliations
• Prepare cheques payments for accounts due
• Ensure transactions and other data are properly recorded and entered into the computerized accounting system and excel/manual books
• Maintain financial files and records
• Receive and verify invoices
• Maintain the assets register
Other Responsibilities
Financial Management
• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; and oversee all financial, LESA SACCOS accounting.
• Coordinate and lead the annual audit process, liaise with external auditors and the committees of the board of directors; assess any changes necessary.
• Oversee and lead annual budgeting and planning process in conjunction with the Board and LESA SACCOS Members; administer and review all financial plans and budgets; monitor progress and changes; and keep the board and SACCOS members up to-date of the organization’s financial status and investment opportunities.
• Manage organizational cash flow and forecasting.
• Seek new investment and business opportunities and advise LESA Board accordingly on issues related to investment SACCOS growth and sustainability.
• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; and oversee all financial, LESA SACCOS accounting.
• Coordinate and lead the annual audit process, liaise with external auditors and the committees of the board of directors; assess any changes necessary.
• Oversee and lead annual budgeting and planning process in conjunction with the Board and LESA SACCOS Members; administer and review all financial plans and budgets; monitor progress and changes; and keep the board and SACCOS members up to-date of the organization’s financial status and investment opportunities.
• Manage organizational cash flow and forecasting.
• Seek new investment and business opportunities and advise LESA Board accordingly on issues related to investment SACCOS growth and sustainability.
Human Resources, Technology and Administration
• Further develop LESA human resources and administration, enhancing professional development, compensation and benefits, performance evaluation, training, and recruiting
• Ensure that recruiting processes are consistent and streamlined.
• Establish and manage a comprehensive training program to educate SACCOS members on policies and procedures.
• Work closely and transparently with all external partners including third-party vendors and consultants.
• Oversee administrative functions as well as facilities to ensure efficient and consistent operations of LESA SACCOS.
• Supervise two Loan Officers
• Further develop LESA human resources and administration, enhancing professional development, compensation and benefits, performance evaluation, training, and recruiting
• Ensure that recruiting processes are consistent and streamlined.
• Establish and manage a comprehensive training program to educate SACCOS members on policies and procedures.
• Work closely and transparently with all external partners including third-party vendors and consultants.
• Oversee administrative functions as well as facilities to ensure efficient and consistent operations of LESA SACCOS.
• Supervise two Loan Officers
Qualifications {Required)
• Minimum of a BA, ideally with an MBA/CPA is preferred.
• Good understanding of accounting principles including accrual accounting, reconciliations, general ledger journals and preparedness to learn more complex principles.
• A high level of knowledge and competency in Microsoft Office especially Word and Excel.
• At least 3 to 5 years of overall professional experiencein financial and operations- management experience.
• The ideal candidate has experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area, and has preferably overseen a human resources function previously.
• Ability to translate financial concepts to – and to effectively collaborate with — programmatic and fundraising colleagues who do not necessarily have finance backgrounds.
• To track record in using SACCOS software to keep accounts and members records
• Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors; knowledge of accounting and reporting software.
• Commitment to training programs that maximize individual and organization goals across the organizatlon including best practices in human resources activities.
• A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making. ‘
• Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders and provide excellent customer services.
• Minimum of a BA, ideally with an MBA/CPA is preferred.
• Good understanding of accounting principles including accrual accounting, reconciliations, general ledger journals and preparedness to learn more complex principles.
• A high level of knowledge and competency in Microsoft Office especially Word and Excel.
• At least 3 to 5 years of overall professional experiencein financial and operations- management experience.
• The ideal candidate has experience of final responsibility for the quality and content of all financial data, reporting and audit coordination for either a division or significant program area, and has preferably overseen a human resources function previously.
• Ability to translate financial concepts to – and to effectively collaborate with — programmatic and fundraising colleagues who do not necessarily have finance backgrounds.
• To track record in using SACCOS software to keep accounts and members records
• Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors; knowledge of accounting and reporting software.
• Commitment to training programs that maximize individual and organization goals across the organizatlon including best practices in human resources activities.
• A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making. ‘
• Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders and provide excellent customer services.
Salary:
Attractive salary will be given to a successful candidate.
Attractive salary will be given to a successful candidate.
All online applications must be sent through email: lesasacco2017@gmail.com All applications must be received by 22nd August, 2017.
Only short listed candidate will be contacted for interview.
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