Finance Officers II (2)

at National Social Security Fund (NSSF)
Location Dar es Salaam, Tanzania, United Republic of
Date Posted September 20, 2023
Category Accounting
Finance
Job Type Full-time
Currency TZS

Description

JOB DETAILS:
National Social Security Fund (NSSF) as part of our commitment to encourage growth and development within the Fund, we are excited to announce 392 internal job opportunities available for all Fund’s employees with specific task contracts. Only candidates who are in specific task contract term within the Fund should apply.

The Fund encourages employees, both male and female, who believe have the skills and qualification needed for any of the listed job opportunities to apply. The candidates will be selected from the list of the self-driven and qualified professionals with high level of integrity.

1.0 NATIONAL SOCIAL SECURITY FUND (NSSF)
The National Social Security Fund as per 2018 social security sector reforms, was established under National Social Security Fund (NSSF) Act No. 2 of 2018 [CAP. 50. R. E, 2018]. The Fund is mandated to cover members engaged in the private and informal sectors.

1.7 Finance Officer II – 2 Posts

1.7.1 DUTIES AND RESPONSIBILITIES
Budgeting
i. To process development Funds to field offices;
ii. To process refunds claims, request to field offices;
iii. To prepare Warrant of Funds for field offices and Head offices directorates;
iv. To participate in preparations of annual plan and budget Guidelines and ensure its distributions to respective users;
v. To participate in preparations of quarterly, semi-annual and annual plan and budget performance evaluation reports;
vi. To collect data for monthly cash flow reports;
vii. To prepare Ministries various quarterly, semi-annually and annual reports;
viii. To analyse of Government Budget inputs in to the Fund’s Annual Plan and
Budget; and ix. To perform any other related duties as may be assigned by supervisor from time to time.

Short Term
i. To undergo short term investments activities in money market i.e. Investment in
Treasury bills, Fixed Deposits and Commercial papers;
ii. To prepare Bank quarterly financial analysis report for decision making;
iii. To make follow ups to ensure funds invested are transferred at reasonable time;
iv. To make follow-ups of certificated for funds invested with Financial Institutions;
v. To ensure Investments certificates received are recorded to the investment status;
vi. To ensure reminder letters are submitted to the Banks one week before maturity of the investment;
vii. To ensure that invested funds are paid as per contractual tenor and required invested interest rates;
viii. To keep record of maturity investments funds;
ix. To maintain up-to-date records of short-term investment portfolio; and
x. To perform any other related duties as may be assigned by supervisor from time to time.

1.7.2 QUALIFICATIONS AND EXPERIENCE
Holder of Bachelor Degree/Advanced Diploma in one of the following fields; Accountancy, Finance, Economics, Statistics, Banking, Business Administration/Commerce majoring in Accountancy or Finance or any other related qualifications from recognized Institutions.

1.7.3 Salary Scale: NSSF 4

Applying Instructions

i. All applicants must be Citizens of Tanzania with an age not above 45 years;
ii. People with disabilities are highly encouraged to apply and should indicate clearly in their application letter.
iii. Women are highly encouraged to apply;
iv. Applicants should route their application letter through their Regional
v. Managers and Directors for those who are in the headquarter;
vi. No candidate is allowed to apply for more than two (2) posts;
vii. For those who will apply for two (2) posts each post should have its own application;
viii. Applicants should apply on the strength of the information given in this advertisement;
ix. Applicants must attach an up-to-date Curriculum Vitae (CV) having reliable contacts; postal address/post code, e-mail and telephone numbers;
x. Applicants must attach their certified copies of the following certificates and transcripts;
• Postgraduate/Degree/Advanced Diploma/Diploma/Certificates.
• Form IV and Form VI National Examination Certificates.
A valid Professional Registration Certificates from respective Registration or Regulatory Bodies, (where applicable).
Birth certificate.
x. Attaching copies of the following certificates is strictly not accepted: -
• Form IV and form VI results slips.
• Testimonials and all Partial transcripts.
xi. An applicant who is retired/resigned from the Public Service should indicate reasons for resignation or retirement; xii. Management will have mandate to post qualified candidates to any working stations within the Fund Offices.
xiii. An applicant should indicate three reputable referees with their reliable contacts.
xiv. Certificates from foreign examination bodies for Ordinary or Advanced level education should be verified by The National Examination Council of Tanzania (NECTA).
xv. Professional certificates from foreign Universities and other training institutions should be verified by The Tanzania Commission for Universities (TCU) and National Council for Technical Education (NACTVET).
xvi. A signed application letter should be written either in Swahili or English and Addressed to Director General, National Social Security Fund, P.O. Box 1322, Benjamin Mkapa Pension Towers, Azikiwe St, Dar Es Salaam, Tanzania.
xvii. Deadline for application is 29th September, 2023;
xviii. Only shortlisted candidates will be informed on a date for interview and;
xix. Presentation of forged certificates and other information will necessitate to legal action.

NOTE: The number of vacancy positions for each working station is hereby attached as appendix No.1

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