Principal Accountant East African Community

(1 post) (REF: EAC/HR/2022-23/12)
Grade: P3
Reports to: Deputy Executive Secretary (Finance and Administration)
Organ/Institution: East African Science and Technology Commission (EASTECO)
Station: Kigali, Rwanda

Main Purpose of the Job:
To coordinate efficient financial resource utilization and ensure that all payments are made in compliance with rules and regulations

Duties and responsibilities:
• Interpret and render advice on all the policies and regulations of the Community pertaining to financial management;
• Undertake management accounting and preparation of final accounts and statements;
Authorize payment and maintaining financial contribution records;
• Prepare and submit annual budgets, work plans and demand notes;
• Implement recommendations arising out of audit reports;
• Ensure accuracy of the monthly payroll;
• Negotiate bank commission rates and fixed deposit interest rates;
• Monitor financial utilization of funds on bank accounts;
• Reconcile and maintain of General ledger accounts;
• Provide accurate, timely, reliable financial information as well as timely submission of annual financial statements of accounts; and
• Perform other related duties assigned by the Deputy Executive Secretary.

Key Qualifications and Experience:
• A Masters’ degree in Finance or Accounting or equivalent qualification from a recognised university
• with certification in any of the following: Chartered Accountant (ACCA/ACA), Certified Public Accountant (CPA)
• Minimum ten (10) years relevant experience, with five (5) years at a senior level,

Skills and Competencies:
• Ability to operate modern accounting software,
• Proficiency in computerized accounting packages
• Very good communication skills (verbal, written and presentation);
• Strong analytical and negotiation skills;
• In-depth experience of accounting principles and international accounting standards (IPSA); Proficiency in Computerized accounting packages (Sunsystems),

Eligibility for applications:
Only applicants from the Republic of Burundi, Democratic Republic of Congo, South Sudan, Uganda, Tanzania.

Terms and Conditions of Service:
The above position is tenable for a contract of five (5) years renewable once.
This position is subject to the application of the Quota System.

Fringe Benefits:
The established 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.

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.