CHIEF ACCOUNTANT & INTERNAL AUDITOR

JOB VACANCIES

Kahama Co-operative Union Limited (KACU Ltd) with registration number AFFF-SHY-KMC-TC-2022-7 was incorporated in Tanzania in 1994 under the Co-operative Societies Act No.15 of 1991. KACU Ltd is currently operating under the Co-operative Societies Act No. 06 of 2013.  The Union is domiciled and operates in Kahama District in Shinyanga Region.

VISION

Our vision is to become a strong Co-operative Union that provide good supervision, management skills to its Primary Co- operative Societies and the Community as well as to improve the economic standard of farmers and community development in Kahama District.

MISSION

Our Mission is to improve productivity among members by providing progressive training for effective running of KACU LTD and its affiliated member societies.

 In this regard, activities of KACU LTD have specifically expanded and the Union now invites applications from suitable, qualified and skilled Tanzanians to fill the following available vacancies:

• CHIEF ACCOUNTANT (1 Vacancy)

Nature and scope

The successful candidate will report to the General Manager.  He/She will be responsible for maintenance of books of accounts, financial reporting and routine processing of the transactions relating to Finance. He/She will supervise the financial budgeting process and reporting, payment to suppliers as well as formulation of controls to safeguard the financial resources of the enterprise.

Duties and Responsibilities

1. Supervise the accounts department and monitor financial information on a daily basis and ensure that accounting records are accurately and properly prepared and maintained;
2. Co-ordinate budgeting exercise including   production   of  regular  budget  reports   and budgetary control;
3. Chief advisor to the Management and Board of Directors on all financial matters of the enterprise;
4. Ensure that all the statutory returns are prepared and payments made in time;
5. Overall in-charge of costs control in the Enterprise using budgetary and other management control methods;
6. Advice the company (union) on tax matters e. VAT, corporate tax, PAYE, withholding tax, to ensure statutory compliance and prepare the relevant monthly annual  returns;
7. Design and implement internal financial controls;
8. Carry out transaction  settlements   in accordance with authorization  mandates and in observance of prudence and existing internal controls;
9. Monitor cash requirements/position;
10. Prepare all statutory and regulatory reports in line with accepted accounting standards;
11. Provide guidance to the Management on issues pertaining to accounting as well as financial and regulatory reporting;
12. Prepare and submit management, Board and regulatory reports of high quality and on timely basis;
13. Carry out any other related duties as may be assigned by General Manager from time to

Qualifications, Knowledge, and Experience

1. Bachelor’s degree in Accountancy/Finance or related
2. Holder of an internationally  recognized accountancy qualification such as ACCA, CPA(T), CFA
3. Minimum of 2 years relevant experience in a reputable
4. Strong written  and oral communication  skills with ability to write documentation   in a concise and focused
5. Excellent developed interpersonal and organizational skills.
6. Must be a team player, very self-motivated and able to manage and prioritize workload with minimum supervision.
7. Should have computer skills.

• INTERNAL AUDITOR (1 Vacancy)

Nature and scope

The successful candidate will report to the Board of Directors of KACU Ltd.  He/She will be responsible for evaluating a Union's internal controls, including its corporate governance and accounting processes. He/She will ensure the compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.

Duties and Responsibilities

1. Toreviewandreportifthereisadequatecontroloverthecollection,handling,anduseofofficefinancial and non-financial resources;
2. Reviewingandreportingastheoperatingsystemsoutlinedinthevariouslaws,regulationsanddirectivesfromtheRegistrar of Co-operativesareadheredtoensurethatthereisadequatecontrolovertheuseoffundsintheoffice;
3. Reviewingandreportingsuchassettingsand distributions intoincomeaccounts(revenue)andexpendituresarecorrect;
4. Toreviewandprovideinformationontheaccuracyofthecalculationsandthevariousinformation prepared bytheoffice;
5. ToreviewandprovideinformationonexistingsystemsandusedtoprotectUNION’sassets,aswellastoconductauditsofsuchassets;
6. Reviewandadvice ontheactivitiesandplansoftheofficetoseeifthey align withthe intended purposes or as per mission, vision and values of the Union;.
7. Reviewingandreportingonthevariousmeasurestakenby ManagementinresponsetotheExternalAuditor'sarguments;andsupporttheimplementationoftherecommendations;
8. ToassistontheimplementationoftherecommendationsmadebytheExternal Auditors;
9. Checktheexisting operational and Technologicalsystemsintheoffice and adviceaccordingly;
10. Developaworkplanandastrategicauditplan;
11. Prepareandmaintaininspectionplans;
12. Tocarryout value checksondevelopmentprojectsand other operations of the Union and advice accordingly;
13. Provide audit opinion advice on rectifications (if any) accordingly;  

Qualifications, Knowledge, and Experience

1. Bachelor’s Degree in Accountancy/Finance or related field.
2. Holder of an internationally recognized accountancy qualification such as CPA or ACCA
3. Minimum of 3 years relevant experience in a reputable organization.
4. Strong written and oral communication skills with ability to write documentation in a concise and focused style.
5. Excellent developed interpersonal and organizational skills.
6. Must be a team player, very self-motivated and able to manage and prioritize workload with minimum supervision.
7. Should have computer skills.
8. Possession of a CIA will be an added advantage.

 MODE OF APPLICATION AND DEADLINE

Kahama Co-operative Union Limited is an equal opportunity employer.  Qualified candidates should apply in writing to or lodge their applications at the address shown below, enclosing:

1. Application letter showing how they meet the requirements of the position;
2. An up-to-date Curriculum Vitae;
3. Contacts stating name in full, telephone numbers and e-mail addresses of the candidate;
4. Copies of relevant certificates and Certification of Nationality; and
5. Names and full contacts of three (3) referees.

Closing date: Applications should reach the undersigned not later than 4.00 pm on Thursday, 28^th February 2025.