Principal Accountant , The East African Community

Our Client, The East African Community is a regional intergovernmental
organization comprising the Republic of Burundi, the Republic of Kenya, the
Republic of Rwanda, the United Republic of Tanzania, and the Republic of
Uganda with its headquarters in Arusha, Tanzania.
The EAC mission is to widen and deepen economic, political, social and
cultural integration to improve the quality of life of the people of East Africa
through increased competitiveness, value added production, trade and
investments.
This is an exciting opportunity for highly motivated and result-driven
professionals who are citizens of East African Community Partner States
(Burundi, Kenya, Rwanda, Tanzania and Uganda) to apply for the following
position tenable at East African Community-Secretariat.

PRINCIPAL ACCOUNTANT
(REF: EAC/HR/2014-2015/030)
PROFESSIONAL STAFF CATEGORY: P3
DIRECTORATE: Finance
DEPARTMENT: Accounts
REPORTS TO: Director Finance
MAIN PURPOSE OF THE JOB:
Ensure the financial resources are utilize effectively, and that all payments are
made in compliance with the Financial Rules and Regulations and other
directives of the Council, Summit as may be issued from time to time.
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1. Initiate the development and improvement of accounting processes,
systems and control for implementation, in line with the Secretariat’s
financial rules and regulations and International Accounting Standards;
2. Provide leadership and overall guidance to the Accounts staff including
those of Projects and other Organs and Institutions of EAC to facilitate
harmony in implementation of standard operating systems and
processes in all EAC operations;
3. Implement financial decisions of the Council;
4. Facilitate maintenance of accounting records for the Community,
review and submit timely and accurate analysis of periodic financial
reports (monthly and quarterly), to management for decision making;
5. Monitor and analyze status of obligations and expenditures and ensure
that payments are disbursed in accordance with the set regulations;
6. Monitor daily financial utilization and ensure availability of sufficient
cash in the bank accounts to meet EAC’s financial obligations at all
times;
7. Monitor and verify financial statements and ensure bank monthly
reconciliations are completed for all EAC bank accounts;
8. Keep custody of cash receipt vouchers, cheques and other
accountable documents established for payment;
9. Prepare annual consolidated financial statements for purposes of audit;
10.Provide authoritative advice, financial interpretations, adaptations and
corrective actions in response to audits and other queries to ensure
adherence to EAC financial Rules and Regulations;
11.Maintain Partner States contribution records, prepare and submit
quarterly demand note for contributions to Partner States and follow
up on their outstanding contributions;
12.Co-ordinate external audits and facilitate harmonization of EAC audit
responses to external auditors;
13.Co-ordinate implementation of directives issues by the Council on audit
observations;
14.Monitor and ensure effective operation of monthly payroll, accurate
calculations are done and staff payments made on due dates;
15.Follow-up the usage of funds and ensure compliance to the rules and
regulations governing Donor funds;
16.Facilitate submission of quarterly financial reports to the Donors,
including the provision of any other information required from time to
time;
17.Identify training needs for Accounts Staff within the Community and
liaise with Human Resources department to prepare training
programmes bases on the needs identified;
18.Negotiate bank commission rates and fixed deposit interest rates and
fixed deposits interest rates and recommend reputable banks for the
Community to deposit funds;
19.Perform any other duties as may be assigned by Management.
ACADEMIC AND PROFESSIONAL QUALIFICATIONS:
(i) A Master’s degree in Commerce or in Business Administration
preferably specialized in Finance and /or Accounting, or Master of
Science in Finance or Accounting.
(ii) Certified Public Accountant: CPA (T), CPA (K), ACCA or equivalent;
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(iii) Minimum 10 years relevant experience with 5 years at senior
position. Work in accounts/ or finance unit. Work experience in an
International Organization or Regional Organization is an added
advantage;
SKILLS AND COMPETENCIES:
The ideal candidate should demonstrate good leadership, planning,
interpersonal communication, and report writing skills; must be a team player
and must prove proficiency in application of spreadsheet and database
accounting, including the use of Sun Accounting Software.
ELIGIBILITY FOR APPLICATIONS:
Considering the current status of quota points per Partner State under
East African Community Secretariat, only Applicants from the Republics
of Burundi, Rwanda, Uganda and the United Republic of Tanzania are
eligible to apply.
TERMS AND CONDITIONS OF SERVICE
The above position is tenable for a contract of five (5) years renewable once
and is subject to the application of the EAC Quota System.
FRINGE BENEFITS
This post offers attractive fringe benefits including housing allowance,
transport allowance, education allowance, a medical scheme, and insurance
cover.
EDUCATION QUALIFICATIONS
All candidates applying must have qualifications that are recognized by the
relevant national accreditation body in their respective countries. 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, apprenticeship and clerkship will not be considered as
relevant work experience.
EQUAL OPPORTUNITY
The EAC is an equal opportunity employer; therefore, female candidates are
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particularly encouraged to apply. EAC will only respond to those candidates
who strictly meet the set requirements.

HOW TO APPLY
Interested candidates who meet the qualification and experience
requirements for the above mentioned position are advised to send their
applications, detailed curriculum vitae, photocopies of academic certificates,
names and contact details of three referees, and copy of National Identity
Card, or Birth Certificate or Passport showing birth date. Please quote the
respective reference number on both on the application letter and envelope.
For electronic submission, please quote the respective reference number on
the subject of the email and send to the address given below.
Applications should be submitted to the address below not later than 06th
December 2015
PLEASE NOTE:
1. You may submit your application either electronically or in hard
copy but not both.
2. Applications which do not: indicate nationality and age; the
reference number; or have an application letter attached; have
certified copies of their academic degrees and other professional
Certificates; or fail to provide three referees will be disqualified.
3. Only qualified candidates will be contacted
Please note that EAC does not require candidates to pay money for the
recruitment process. All invitations for interviews will be done in writing.
The Director,
Executive Selection Division
Deloitte Consulting Limited
10th Floor PPF Tower
Cnr of Ohio Street & Garden Avenue:
P O Box 1559 Dar-es-Salaam, Tanzania
Fax +255(22) 2116379
E-mail: esd@deloitte.co.tz
www.deloitte.com