2 Job Positions at GATSATA SACCO AMIZERO: (Deadline 31 May 2024)

2 Job Positions at GATSATA SACCO AMIZERO: (Deadline 31 May 2024)

GATSATA SACCO AMIZERO JOB ADVERTISEMENT

GATSATA SACCO AMIZERO is a cooperative that provides financial services such as credits and savings to its members. It was established and approved by RCA on 17 May 2010.

It is licensed as deposit taking microfinance by Central Bank of Rwanda (BNR) since 17 November 2011.

GATSATA SACCO AMIZERO wishes to encourage all candidates qualified, capable, and interested to apply for the below vacant positions:

1. LOAN OFFICER

Loan officer duties and responsibilities:

1. Provide information to the members concerning the different types of loans offered, the terms and interest rates and the documentation needed to be considered for a loan;
2. Loan officer receives and analyzes loan applications. Interview loan applicants, obtain all of the necessary documentation to make the loan decision;
3. Appraisal of the applied for and the applicant’s capacity to pay and technically advise the Staff/Credit Committee to take the final decision depending on the approval limits.
4. Visits the guarantees and projects to be financed;
5. Make loan decisions in a timely fashion to meet member needs;
6. Provide financial counseling to members on how to use wisely the loan;
7. Make follow up of the payments of the borrowers and participates in the recovery of NPLs.
8. Grant and assess loans in according to credit policy and procedures and in compliance with local law(s) and regulations in place;
9. Refer all borrower requests for loan extensions, refinances, or any changes to original loan terms to the SACCO manager;
10. Take, maintain and keep the minutes of loan office meetings;
11. Maintain all loan documents and ensure that all loan files are kept according to the procedure;
12. Make suggestions to the Manager, Credit committee and/or BoD concerning changes to the lending policy and/or procedures;
13. Regularly evaluate the SACCO’s lending performance;
14. Make counter offers to borrowers that are creditworthy but cannot qualify for the loan they requested;
15. Assist management in drafting written procedures that clearly state how each step of the lending process is performed;
16. Prepare the loan portfolio report including loan aging schedule, loan provisioning etc.;
17. Properly secure the collateral used to qualify for the loan.

Required  professional, academic qualifications and key technical skills

• Bachelor’s degree in finance, Accounting, Management or any other related field
• Computer skills
• Excellent communication skills
• Analytical skills
• Team working skills
• Integrity
• Decision making skills
• Fluency in Kinyarwanda, English, and/or French. Knowledge of all three is an added advantage.
• Having experience and professional certificate is an added advantage

The selected candidate will be subject to the regulatory approval.

1. ACCOUNTANT

Accountant duties and responsibilities

1. The Accountant is responsible for all accounting operations from the collection of accounting data, recording, keeping the supporting documents and preparation of financial statements;
2. Ensure that the accounting books are adequately filled;
3. Keep chronologically in safe place all supporting documents to justify the operations done;
4. Ensure the control of all cash and cash transactions in and out of the SACCO and oversee the operations of the cashiers before they are counterchecked by the Manager;
5. Report to the Manager on at least a monthly basis on the performance of accounting operations and the financial statements of the SACCO;
6. Ensure the preparation of the SACCO final accounts;
7. Prepare annual SACCO budget;
8. Deputizes the manager and supervising all SACCO activities when the SACCO Manager is not present;
9. Keep custody of cheque books and is responsible to the Senior Manager for drawing of all cheques;
10. Receive, verify banks cheques from or to stakeholders;
11. The Accountant is responsible for Tax administration;
12. Ensuring that accounts and reconciliation are done on a monthly basis and adherence to specific deadlines;
13. Producing accurate financial reports;
14. Management of staff payrolls;
15. Maintains adequate liquidity reserve in accordance with laws and regulations;
16. Collect cash from the commercial banks;
17. Distributes cash to tellers as necessary; supervise tellers to ensure they are working according to instructions; receive and reconcile daily tellers cash reports and carry out cash control on a daily basis and report to the Manager;
18. Keep and manage the debtors and creditors records;
19. Giving guidance in all financial and accounting matters;
20. Prepare, Check and Verify payments made by the SACCO depending on the level and procedures in place;
21. The Accountant is responsible for all transactions made on members ‘accounts;
22. Ensure that all cash transactions involving the SACCO expenditure are properly authorized and in line with the approved budget or General Assembly resolutions or Board of Directors;
23. Supervise cash office transactions and the strong room operations;
24. Carry out any other duties connected with cash transactions as instructed by the senior manager;
25. Report in writing immediately to the Senior Manager irregularities observed such as:
26. Forgery
27. Theft

• Misappropriation

1. Staff misconduct
2. Misbehavior discovered and take appropriate measures without delay
3. Coordinate, manage and supervise all activities of the staff under his/her supervision;
4. Any other lawful duties that may be assigned to him/her from time to time;

Required  professional, academic qualifications and key technical skills

• Bachelor’s degree in finance, Accounting, Management or any other related field
• Integrity
• Professionalism
• Knowledge of accounting, financial reporting and auditing standards
• Commitment to continuous leaning
• Decision making skills
• Teamwork
• Accountability
• Strong critical thinking skills and excellent problem solving skills
• Accountability
• Performance management skills
• Having experience and professional certificate is an added advantage.

The selected candidate will be subject to the regulatory approval.

Job application procedure for LOAN OFFICER and ACCOUNTANT

Interested candidates should send their application documents including application letter, Curriculum Vitae, copy of ID, copies of academic and professional certificates, names of three referees as well as their emails and phone numbers.

All applications are to be addressed to the Chairman of Board of Directors of GATSATA SACCO AMIZERO.

Deadline for application: Friday, 31^st May 2024 at 5:00 PM.

Only shortlisted candidates will be contacted for the examen.