Financial Management Specialist New Job Vacancy at East African Community (EAC) | Deadline: 05th August, 2019

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New Job Vacancies at The East African Community (EAC), 2019
The East African Community (EAC) is the regional inter-governmental organisation of the 6 Partner States, namely the Republics of Burundi, Kenya, Rwanda, South Sudan, 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.
To achieve these objectives, the key building blocks are the Customs Union, Common Market, Monetary Union and ultimately the Political Federation. The EAC started a fully-fledged Customs Union in January, 2010 and implementation of the Common Market in July, 2010 while the East African Monetary Union Protocol (EAMU) was signed in November 2013 and is under implementation.

The EAMU Protocol, among others, requires the Partner States to develop and adopt common methods, concepts, definitions and classifications for compiling, analysing and disseminating the statistics necessary for the proper functioning of the Monetary Union, while observing internationally accepted best practices. To support implementation of this requirement, the EAC Secretariat has secured a grant from the World Bank to implement a 5-year Project, the EAC Statistics Development and Harmonization Regional Project (EAC/Stat-DHRP). The objective of this project is to develop the statistical capacity of the EAC Statistics Department and the National Statistical Offices (NSOs) to produce harmonized and quality statistics necessary for planning, implementing, and monitoring the EAC integration agenda.

The Secretariat therefore invites applications from highly motivated and result-driven professionals who are citizens of EAC Partner States to apply for the project position tenable at the EAC Secretariat detailed below:
(REF: EAC/HR/2018-2019/02)
Job Grade equivalent: P2
Job reports to: Project Manager
Job Purpose: To perform efficient and effective financial supervision and management of all funds of the EAC StatDHRP and other related responsibilities as may be assigned from time to time.
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The key responsibilities of the Financial Management Specialist will include:
  1. Assess the adequacy of the project financial management systems and their ability to manage and monitor the project. This includes budgeting, policies and procedures, internal controls, accounting, financial reporting and auditing;
  2. Provide implementation support and carry out supervision work to ensure that project financial management systems are functioning appropriately, including the review of periodic interim financial reports;
  3. Provide auditors with all the relevant information necessary to carry out their engagement;
  4. Review audited financial statements, and address financial management issues raised in the audit reports;
  5. Collaborate with stakeholders (World Bank, other Development Partners, Partner States etc.) on financial matters for project implementation;
  6. Review and approve quarterly Interim Financial Reports (IFRs) prepared by the project Accountant within 30 days from the end of the quarter;
  7. Prepare and submit to the Project Manager annual financial statement in accordance with the IPSA (International Public Sector Accounting Standard)/IFR (International Financial Reporting Standard) and Financial Plan approved by the EAC and the World Bank;
  8. Implement accounting internal control systems and procedures, using internationally accepted control frameworks to ensure safe custody of all financial documentation;
  9. Perform any other duties as shall be assigned by the Project Manager.

Qualifications and experience
  1. Masters degree, from a recognized University, in either, Finance, Business Administration (Finance or accounting), Accounting or any other related field;
  2. Professional qualifications in Finance such as ACCA, CPA, CIMA or equivalent;
  3. Related working experience of not less than 8 years, 3 of which must be at senior level; and
  4. Knowledge of grant management procedures at national, regional or international level will be an added advantage.
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Competencies and skills
  1. Proficiency in Computerised Financial Management Information Systems such as the SunSystem Accounting Package and other computer packages;
  2. Good interpersonal and communication skills;
  3. Ability to work in a multi-cultural environment;
  4. Ability to work with minimum supervision; and
  5. Excellent speaking and writing in English Language, the working language of the EAC.

Only applicants from EAC Partner States are eligible to apply for the above positions. 

Terms and Conditions of Service
These are project positions supported by Donor Funds, and are non-established in the Secretariat for which contract terms are limited to the period of the project. The successful candidates will be recruited for an initial period of two (2) years and the contract may be renewed for another two (2) years, subject to project budgeting and a satisfactory performance evaluation. 

Fringe Benefits
All posts offer 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 Partner State. 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.
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Relevant Working Experience
Internship, training and apprenticeship will not be considered as relevant work experience. 

Equal Opportunity
The EAC is an equal opportunity employer; therefore, female candidates are 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 positions 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 date of birth. Please quote the respective reference number on both 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 Monday, 05th August 2019.
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 Secretary General
East African Community
P.O.Box 1096
Arusha - Tanzania
Tel: +255 27 2162100
Fax: +255 27 2162190
E-mail: [email protected]          
Website: www.eac.int