Background

ATCL SACCOS LTD is a registered Savings and Credit Co-operative Society whose main objective is to mobilize savings from members and in return provide credit facilities. ATCL SACCOS LTD is an employee-based SACCOS which was established in November 2021 as per the requirements of the Co-operative Societies ACT No. 6 of 2013.

The objectives of the ATCL SACCOS are to encourage saving amongst members by educating members the advantages of developing a savings behavior, proper management of money through proper investment and best practices aimed at improving the social and economic conditions of the members.

ATCL SACCOS LTD is seeking to recruit competent qualified Tanzanian professionals to the following vacancies:

Assistant Accountant (1 POST)

Purpose of the Job

• To Initiate loan payments to ATCL SACCOS members and payments to suppliers.
• To manage cash and account receivables of the ATCL SACCOS
• To record and maintain the Non-Current Assets Register of the ATCL SACCOS.
• All these to be performed as per ATCL SACCOS LTD Financial Regulations and in compliance with Generally Accepted Accounting Principles (GAAP).

Duties and responsibilities

• To review monthly bank reconciliation reports for revenue and expenditure accounts of the ATCL SACCOS.
• To capture invoices, payment vouchers and petty cash in the expenditure ATCL SACCOS accounting system and verify the correctness of claims and payments.
• To prepare ATCL SACCOS monthly expenditure reports and supporting schedules.
• Update ATCL SACCOS Members Control Accounts with recoveries contributions from salaries i.e. monthly Payroll deductions remitted to ATCL SACCOS.
• To dispatch statutory deductions to the respective recipients by the due dates.
• To ensure that expenditures fall within the approved budget limits.
• To effect Payments through electronic funds transfers (EFT).
• To attend queries concerning payments and retirements.
• To verify printed payroll deductions periods and members’ recovery results.
• To perform any other duties assigned by the supervisor.

Qualifications

• A Bachelor’s degree in Accounting, or Finance or equivalent qualification from a recognized institution.
• At least 1 year of experience in accounting or finance-related work.
• Strong attention to detail and accuracy in financial records.
• Integrity and efficiency in handling financial information.

Key Competences and Skills.

• Ability to use different Accounting packages/software
• Good IT skills and proficient in Microsoft office excel
• Leadership and Team Building
• Strategic Focus and Managing Change
• Managing Performance and Accountability
• Problem Solving and Decision Making
• Integrity
• Excellent communication and interpersonal skills.
• Ability to plan and execute task with minimal supervision

Age Limit: Must be between 20 – 40 years

Terms of Employment: A candidate will be offered employment in accordance to ATCL SACCOS LTD employment policy.

Remuneration: An attractive remuneration package will be offered to the successful candidates

• To Initiate loan payments to ATCL SACCOS members and payments to suppliers.
• To manage cash and account receivables of the ATCL SACCOS
• To record and maintain the Non-Current Assets Register of the ATCL SACCOS.
• To review monthly bank reconciliation reports for revenue and expenditure accounts of the ATCL SACCOS.
• To capture invoices, payment vouchers and petty cash in the expenditure ATCL SACCOS accounting system and verify the correctness of claims and payments.
• To prepare ATCL SACCOS monthly expenditure reports and supporting schedules.
• Update ATCL SACCOS Members Control Accounts with recoveries contributions from salaries i.e. monthly Payroll deductions remitted to ATCL SACCOS.
• To dispatch statutory deductions to the respective recipients by the due dates.
• To ensure that expenditures fall within the approved budget limits.
• To effect Payments through electronic funds transfers (EFT).
• To attend queries concerning payments and retirements.
• To verify printed payroll deductions periods and members’ recovery results.
• To perform any other duties assigned by the supervisor.

• Ability to use different Accounting packages/software
• Good IT skills and proficient in Microsoft office excel
• Leadership and Team Building
• Strategic Focus and Managing Change
• Managing Performance and Accountability
• Problem Solving and Decision Making
• Integrity
• Excellent communication and interpersonal skills.
• Ability to plan and execute task with minimal supervision

• A Bachelor’s degree in Accounting, or Finance or equivalent qualification from a recognized institution.
• Strong attention to detail and accuracy in financial records.
• Integrity and efficiency in handling financial information.