Thursday, August 21, 2014

Finance And Accounting Manager - 1 Post

The Higher Education Students' Loans Board was established under Act NO.9 of 2004 and started operations in July, 2005. The main functions of the Board include the following:-

(i) To issue loans to eligible and needy Higher Education Students;
(ii) To keep records of loanees and amounts granted to them;
(iii)To collect repayments for all loans issued to students since 1994 so as to re-Iend the funds to other needy Tanzanian students;
(iv) To maintain collaborations and a networking with key stakeholders including Higher Education Institutions, Employers and Loans beneficiaries;
(v) To advise the Government on matters relating to issuance and recovery of Students' Loans.

The Board commenced operations in July, 2005 and has, since then, been strengthening its
Work force in suiting to the demands and of its responsibilities.
In order to enhance and strengthen operations of the Board, The Board now invites Applications from qualified Tanzanians for the positions listed below:-

Position: Finance And Accounting Manager - 1 Post (Heslb Scale 10)

Qualifications and Experience;
Holder of Postgraduate Degree in Accountancy with at least five (5) years work experience at a senior position and have obtained the Certified Public Accountancy profession certificate recognized by NBAA and must be a registered Accountant.
Excellent communication skills in both English and Kiswahili with Computer literacy.

Duties and Responsibilities:
• To prepare expenditure reports and expenditure reviews and prepare financial statements;
• To verify or examine of payment vouchers in respect of loans to Students;
• To update the Higher Institutions students loans Returns status reports;
• To review the students loans returns status reports and submit to the Chief Accountant;
• To attend Students queries relating to non credit of funds in their Bank accounts;
• To respond to the audit queries relating to students Loans;
• To maintain record of Student's Loans receivable accounts Institutional wise;
• To review the register of returned cheques;
• To ensure maintenance of update Cheques issued and dispatch Register;
• To review schedules and records of loan application fees received; '"
• To ensure maintenance of registers for cancelled, dishonored and stale Cheques;
• To verify cheques list against payment vouchers before forwarded to signatories;
• To analyze daily/weekly/ monthly /annually budget performance reports;
• To verify for accuracy the recurrent and development progressive report;
To supervise preparation of statutory returns and effects statutory deductions and payment;
• To Supervise preparation of monthly staff creditors and debtor's schedules;
• To ensure maintenance of fixed Assets Register and calculation annual of depreciation;
• To verify payroll and process payment of staff salaries and other payable allowances;
• To ensure timely cash collection and daily banking;
• To monitor maturity dates of term deposits and other investments and liquidates;
• To deal with pre -Audit transactions;
• To prepare schedule and keep the records of interest on deposit received from different Banks;
• To ensure timely investment of temporary idle funds as per the HESLB investment policy;
• To supervise maintenance of all tax records;
• To track all tax payments and submit tax returns by their due date;
• To maintain schedules (Registers) of pre-payments and accruals;
• To ensure that all the payments are within the approved Annual estimates (budget);
• To supervise the reconciliation of Bank Accounts;
• To perform other duties assigned by the Chief Accountant.

Personal Attributes
• A good team player with ability to work independently and be committed to deliver high quality work at the agreed time frame;
• Ability to Administer and Supervise subordinates;
• Excellent interpersonal communication skills in both English and Kiswahili; _
• Demonstrated excellent personal integrity and confidentiality;
• Computer literate with special skills in Ms Word, Spread Sheet and Access applications.

Age Limit:
Maximum age is 40 years at next Birth day.

Competitive and attractive remuneration package will be offered to the right candidates as per HESLB Salary Structure.

Candidates meeting the above job requirements should submit written applications with passport size photographs glued on the front page at toe top along with detailed Curriculum Vitae (CVs) showing contact address and Email/FaxlTelephone numbers, photocopies of Birth Certificates/Affidavits and photocopies of Academic qualifications, transcripts/professional and details of three (3) referees showing their addresses and telephone numbers to:

The Executive Director,
Higher Education Students' Loans Board,
Plot No. 08 Block No. 46 Sam Nujoma Road-Mwenge,
P. O. Box 76068,

NB: The envelops containing the above documents should be marked with title of the post being applied for and candidate is allowed to apply for one post only. Any un-marked envelop will automatically be disqualified .

Closing date will be 26th August, 2014 at 17.00 hrs.

For applications being submitted through post offices, only those that will be stamped by the post office between the date of this advertisement and the closing date will be opened for consideration.

Details Source: Guardian of 14th August 2014