Accountant

1.0 Background

The Central Corridor Transit Transport Facilitation Agency (CCTTFA) is a multilateral agency formed through an agreement by the Governments of the Republic of Burundi, the Democratic Republic of the Congo (DRC), the Republic of Rwanda, the United Republic of Tanzania, the Republic of Malawi, the Republic of Zambia, and the Republic of Uganda. The Central Corridor is an integrated multimodal and logistics network that connects CCTTFA member states to the sea through the port of Dar es Salaam. CCTTFA works with member states’ governments and other development partners to improve the efficiency of the transit corridor for smooth facilitation of transit trade. The CCTTFA is looking for a prospective applicant to fill a vacant position of Accountant, which needs to be filled urgently. The Accountant is expected to be highly professional and competent and meet the specified qualifications as per the Terms of Reference (TORs).

2.0 Role and Responsibility of Accountant

The overall objective of this role is to ensure that the Central Corridor TTFA is properly implementing and complying with the accounting systems and procedures according to the Accounting and Financial Manual and the CCTTFA Policies and Procedures, towards improving corridor performance.

Key Responsibilities:

I. Financial Planning and Budgeting

• Develop, monitor, and update project budgets in accordance with CCTTFA regulations and guidelines.
• Collaborate with the Director of Finance and Administration (DFA) and Heads of Departments to ensure accurate budget allocation and utilization.
• Conduct quarterly financial forecasting and variance analysis to ensure budget adherence.

II. Financial Reporting

• Prepare monthly financial reports for submission to the Director of Finance and Administration.
• Ensure compliance with CCTTFA reporting requirements and standards.
• Maintain financial records and documentation for audit and compliance purposes.
• Assist the Head of Finance and Administration in the day-to-day duties of the Finance Department.
• Process all payments (bank and cash) as per guidance given, ensuring relevant documents fully support all payments.
• Daily update the books of account maintained in the accounting package and other memoranda records.
• Prepare monthly bank reconciliation statements and follow up with the bank on any issues requiring such follow-up.
• Ensure all statutory deductions such as pay-as-you-earn taxes are remitted to the relevant authorities within the statutory periods.
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• Prepare monthly financial and other reports as may be required from time to time by the Director of Finance and/or Executive Secretary.
• Ensure proper filing and safe custody of all financial documents.
• Ensure compliance with all financial rules and regulations.

III. Compliance and Risk Management

• Ensure compliance with CCTTFA financial and procurement guidelines.
• Identify and mitigate financial risks and implement controls to prevent fraud and irregularities.
• Support internal and external audits by providing necessary documentation and information.

IV. Any other tasks as may be assigned by the Director of Finance and Administration from time to time.

3.0 Reporting/Coordination

The Accountant shall report to the Director of Finance and Administration of CCTTFA or any other designated official within CCTTFA.

4.0 Skills and Experience

The Accountant will be required to demonstrate the following skills:

• Good interpersonal, intercultural, and organizational skills.
• Excellent communication and writing skills.
• At least 5 years of extensive experience in financial accounting and banking.
• At least 4 years of experience working in a regional or international organization (this will be an added advantage).
• Appropriate computer skills are necessary, including proficiency in Microsoft Office (Word, Excel, Access) or any other accounting package.
• Knowledge of ODOO, SAGE, or other accounting software.
• Demonstrated skills in the procurement process.
• Familiarity with donor funding procedures.
• Experience in working with International Non-Governmental Organizations (INGOs) is an added advantage.

5.0 Minimum Qualifications

Bachelor’s degree in finance/accounting from a recognized university with 5 years of working experience in accounts.

6.0 Language Proficiency

Proficiency in English is a must. Knowledge of French will be an added advantage.

7.0 Length of Contract

The duration of the contract is 5 years (five years), renewable subject to performance and/or availability of funds.

8.0 Notice for Applicants

Closing Date: Friday, 15th November 2024 – Midnight

We only accept email submissions.

Please send your updated CV to: procurement@centralcorridor-ttfa.org

Note: Only shortlisted applicants will be contacted for further stages of the interview.