Watumishi Housing Company (WHC) is a public entity responsible for the implementation of the Public Servants Housing Scheme (PSHS) and management of Watumishi Housing Company Real Estate Investment Trust(WHC-REIT). Shareholders of WHC and the financiers of the PSHS are National Social Security Fund (NSSF), PPF Pensions Fund (PPF), Public Service Pensions Fund (PSPF), LAPF Pensions Fund (LAPF), GEPF Retirement Benefits Fund (GEPF), National Health Insurance Fund (NHIF) and National Housing Corporation (NHC). In order to implement its objectives, WHC would like to invite suitably qualified Tanzanians to join its lean, entrepreneurial and dynamic team by filling the following vacancies:
Office of the Chief Executive Officer
1. PRINCIPAL AUDIT AND COMPLIANCE OFFICER–ONE POST
a) Duty Station : WHC Head Office Dar es Salaam
b) Reporting to : Chief Executive Officer
c) Salary Grade : 4
Reporting functionally to the Board of Directors and administratively to the Chief Executive Officer, the Principal Audit and Compliance Officer will assists the Board and Management in instituting effective internal control system, risk management, compliance to regulatory requirements and good governance processes.
d) Specific Duties and Responsibilities:
i) Formulates, present for the Board’s approval and implement internal audit policies which are in line with the WHC’s operating environment.
ii) Develop audit Plan, strategies and programmes so that the overall audit effort is directed towards those areas, which have the highest exposure to risk. The assessment of risk must be evaluated at appropriate intervals and amendments made to annual audit plans, where necessary.
iii) Evaluates and provides reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the WHC's objectives and goals to be met.
iv) Determine the soundness, adequacy, effectiveness and application of financial and other management systems and internal controls.
v) Evaluates compliance with the Trust Deed and Offer Document constituting Watumishi Housing Company Real Estate Trust (WHC-REIT), Capital Markets and Securities (Collective Investment Scheme) Regulations and any other law.
vi) Ascertain the extent to WHC property, money and resources under the control of the WHC are accounted for, used and safeguarded from losses of all kinds.
vii) Assess the relevance, reliability, integrity and adequacy of management and financial information.
viii) Co-ordinate with other internal and external providers of assurance to ensure proper coverage and to minimize duplication of effort;
ix) Appraise the economy and efficiency with which resources are employed
(Value for money audit) and the quality of performance in carrying out assigned responsibilities.
x) Recommend improvements in procedures and systems to prevent irregularities and fraud.
xi) Ascertain the extent of compliance with established policies, plans and procedures and determine whether they are effective in securing their intended purpose.
xii) Evaluating specific operations and conduct special consulting activities at the request of the Board or management, as appropriate.
xiii) To undertake any other related duties as may be assigned by the Chief Executive Officer and/or Board of Directors.
e) Minimum Academic Qualification and Experience The ideal incumbent for this position should have the following qualifications and
experience:
i) University Degree/ Advanced Diploma majoring in Accounting or finance from a recognized higher learning institution;
ii) Masters Degree or Postgraduate Diploma majoring in Accounting or Finance will be an added advantage;
iii) Certified Public Accountant, CPA (T) or ACCA and must be registered with the National Board of Accountants and Auditors (NBAA) in the category of either Graduate Certified Public Accountant (GAs) or Associate Certified
Public Accountants (ACPAs) or Associate Certified Public Accountant in Public Practice (ACPA-PPs);
iv) Knowledge and Competence in Information and Communications Technology (ICT) application, and familiarity with one of the accounting software;
v) A strong background of International Financial Reporting Standards (IFRS) and good knowledge of Public Sector Accounting and Reporting Principles; and
vi) Not less than five (5) years work experience in relevant fields in a reputable institution(s) out of which three (3) years should be in senior audit position.
Mode of Application
Application letter with Curriculum Vitae (CV) including e-mail address or daytime
contact telephone number, together with photocopies of certificates and names and
contacts of two referees should be addressed to reach the under-mentioned by 4th September, 2015.
Only short listed candidates meeting the above criteria will be invited for interview. Lobbying and canvassing for employment will not be entertained and may work to the candidate’s disadvantage.
Application letter should be sent through the address shown below:
The Chief Executive Officer,
Watumishi Housing Company,
4th Floor Golden Jubilee Towers,
P.O. Box 5119,
Dar es Salaam.
Office of the Chief Executive Officer
1. PRINCIPAL AUDIT AND COMPLIANCE OFFICER–ONE POST
a) Duty Station : WHC Head Office Dar es Salaam
b) Reporting to : Chief Executive Officer
c) Salary Grade : 4
Reporting functionally to the Board of Directors and administratively to the Chief Executive Officer, the Principal Audit and Compliance Officer will assists the Board and Management in instituting effective internal control system, risk management, compliance to regulatory requirements and good governance processes.
d) Specific Duties and Responsibilities:
i) Formulates, present for the Board’s approval and implement internal audit policies which are in line with the WHC’s operating environment.
ii) Develop audit Plan, strategies and programmes so that the overall audit effort is directed towards those areas, which have the highest exposure to risk. The assessment of risk must be evaluated at appropriate intervals and amendments made to annual audit plans, where necessary.
iii) Evaluates and provides reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the WHC's objectives and goals to be met.
iv) Determine the soundness, adequacy, effectiveness and application of financial and other management systems and internal controls.
v) Evaluates compliance with the Trust Deed and Offer Document constituting Watumishi Housing Company Real Estate Trust (WHC-REIT), Capital Markets and Securities (Collective Investment Scheme) Regulations and any other law.
vi) Ascertain the extent to WHC property, money and resources under the control of the WHC are accounted for, used and safeguarded from losses of all kinds.
vii) Assess the relevance, reliability, integrity and adequacy of management and financial information.
viii) Co-ordinate with other internal and external providers of assurance to ensure proper coverage and to minimize duplication of effort;
ix) Appraise the economy and efficiency with which resources are employed
(Value for money audit) and the quality of performance in carrying out assigned responsibilities.
x) Recommend improvements in procedures and systems to prevent irregularities and fraud.
xi) Ascertain the extent of compliance with established policies, plans and procedures and determine whether they are effective in securing their intended purpose.
xii) Evaluating specific operations and conduct special consulting activities at the request of the Board or management, as appropriate.
xiii) To undertake any other related duties as may be assigned by the Chief Executive Officer and/or Board of Directors.
e) Minimum Academic Qualification and Experience The ideal incumbent for this position should have the following qualifications and
experience:
i) University Degree/ Advanced Diploma majoring in Accounting or finance from a recognized higher learning institution;
ii) Masters Degree or Postgraduate Diploma majoring in Accounting or Finance will be an added advantage;
iii) Certified Public Accountant, CPA (T) or ACCA and must be registered with the National Board of Accountants and Auditors (NBAA) in the category of either Graduate Certified Public Accountant (GAs) or Associate Certified
Public Accountants (ACPAs) or Associate Certified Public Accountant in Public Practice (ACPA-PPs);
iv) Knowledge and Competence in Information and Communications Technology (ICT) application, and familiarity with one of the accounting software;
v) A strong background of International Financial Reporting Standards (IFRS) and good knowledge of Public Sector Accounting and Reporting Principles; and
vi) Not less than five (5) years work experience in relevant fields in a reputable institution(s) out of which three (3) years should be in senior audit position.
Mode of Application
Application letter with Curriculum Vitae (CV) including e-mail address or daytime
contact telephone number, together with photocopies of certificates and names and
contacts of two referees should be addressed to reach the under-mentioned by 4th September, 2015.
Only short listed candidates meeting the above criteria will be invited for interview. Lobbying and canvassing for employment will not be entertained and may work to the candidate’s disadvantage.
Application letter should be sent through the address shown below:
The Chief Executive Officer,
Watumishi Housing Company,
4th Floor Golden Jubilee Towers,
P.O. Box 5119,
Dar es Salaam.
PRINCIPAL AUDIT AND COMPLIANCE OFFICER JOB AT Watumishi Housing Company
![PRINCIPAL AUDIT AND COMPLIANCE OFFICER JOB AT Watumishi Housing Company]()
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