Location
Other Arusha District Arusha
Description
Industry: Government
Minimum Qualification: Bachelor
Minimum Experience: 5 years
Grade: Professional Staff Category (P1 Equivalent)
Reports: Director, Finance
Funding: Partnership Fund (RISP)
MAIN PURPOSE OF THE JOB:
To provide strategic advice and guidance on financial management issues relating to projects funded by the EU, in particular RISP 3, and to ensure optimal utilization of financial resources.
DUTIES AND RESPONSIBILITIES:
  1. Set up and review the accounting, financial and related systems in compliance with the requirements of the donor funds. Where these exist, ensure compliance;
  2. Assist the Partnership Fund Manager and - where required - other managers of project supported by European Development Fund (EDF) in planning and coordinating the preparation of cost estimates, budget, and financial forecasts, as well as advising on financial requirements of EDF projects.
  3. Administer procedures and practices for EDF management, expenditure control and financial reporting of budgetary funds, as well as ensuring that there are no budget overruns.
  4. Maintain proper accounting records and monthly as well as quarterly reports, including analysis of accounts to ensure that decision makers receive timely and accurate information.
  5. Preparation of the year-end Financial Statements for purposes of Audit.
  6. Prepare for and coordinate and oversee teams carrying out audits and Expenditure Verification exercises of RISP 3, as well as coordinate timely response to any queries from these audits by EAC management
  7. Prepare Financial Management reports for the EAC Secretariat and the EU.
  8. Preparation of Monthly bank reconciliation statements
  9. Perform any other duties that will be assigned by the Director, Finance from time to time
QUALIFICATIONS AND EXPERIENCE:
  • A minimum of a Bachelor’s degree in commerce (Accounting option), Business Administration/Management (Financial Accounting option) or equivalent degree from a recognized University/Institution.
  • At least five (5) years’ experience in a busy accounting office. Professional qualification such as CPA or ACCA is a must for this positions while relevant experience in a donor funded project at a regional /international level will be an added advantage.
SKILLS AND COMPETENCIES:
  • Proficiency in computerized financial management information systems, good communication and report writing skills, as well as good inter-personal skills.
  • Proven experience working on EU funded programmes and projects will be an added advantage
TERMS AND CONDITIONS OF SERVICE:
The above position offers attractive salary.
EDUCATION QUALIFICATIONS:
All candidates applying must have qualifications that are recognized by the relevant national accreditation body in their respective Partner State. 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 Partner States.
RELEVANT WORKING EXPERIENCE:
Internship, training and apprenticeship will not be considered as relevant work experience.
EQUAL OPPORTUNITY:
The organization is an equal opportunity employer; therefore, female candidates are particularly encouraged to apply. The organization will only respond to those candidates who strictly meet the set requirements.
A client seeks to hire a qualified candidate for the position of a Project Accountant-Regional Integration Support Programme (RISP)

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