Senior Accountant, Treasury at Rwanda Social Security Board (RSSB)

Senior Accountant, Treasury

Exciting Career Opportunity at the Rwanda Social Security Board (RSSB)  Senior Accountant, Treasury

Are you passionate about financial management and ensuring the efficient use of resources? Do you have a keen eye for detail and a strong understanding of treasury operations? If so, we have an exciting opportunity for you to join our Finance team as a Senior Accountant, Treasury.

As a Senior Accountant, Treasury you will have the opportunity to contribute your expertise and insights towards the financial stability and success of RSSB. Your role is crucial in maintaining transparency, accuracy, and efficiency in treasury operations, ultimately supporting the overarching goals of RSSB in securing the financial well-being of Rwandan citizens.

Reporting to the Manager, Budgeting & Treasury, the Senior Accountant, Treasury will monitor cash flows, manage expenditures, and ensure compliance with relevant laws, policies, and regulations. You will provide regular updates on treasury operations, assist in the preparation of reports, and support in various financial activities as directed by the Manager.

About RSSB 

The Rwanda Social Security Board (RSSB) has the mandate to manage and promote social security in Rwanda. RSSB's vision is to provide a comprehensive social security system that caters to the diverse social security needs of the population, RSSB plays an important role in realising Vision 2050 and the National Strategy for Transformation (NST1). RSSB manages six social security schemes, namely: Pension, Occupational Hazards, Medical scheme, CBHI, Maternity Leave Benefits and EjoHeza (Long-term Term Saving Scheme).

As a leading player in the financial sector, RSSB serves as the largest institutional investor in Rwanda. With assets under management amounting to 1.9 trillion Rwf, which is equivalent to 17% of the country's GDP, RSSB invests in key sectors of the economy and plays a crucial role in providing up to 20% of liquidity for the financial sector. With approximately 12 million members in the above six schemes, encompassing close to 90% of Rwanda's population, RSSB is at the forefront of securing the health and financial well-being of Rwandans.

To achieve its important mandate, RSSB is embarking on a transformative journey, aiming to become a modern, data-driven, and high-performing institution. As part of this ambitious initiative, we are seeking highly motivated individuals who are results-oriented and uphold the highest standards of professionalism and integrity. By joining RSSB, you will have the opportunity to actively contribute to the advancement of social security and overall transformation of Rwanda.

If you are passionate about making a meaningful impact, ready to embrace innovation and change, and eager to work in a dynamic and collaborative environment, then RSSB is the place for you.

Key Duties and Responsibilities

1. Monitor cash in and out flows.

2. Coordinate timely payment of all expenses in compliance with relevant laws, policies, and regulations.

3. Coordinate the preparation and submit to the Manager Budget and Treasury periodic treasury reports.

4. Make a follow up of daily situation of current accounts and fixed income securities in collaboration with Investment Coordinate petty cash management across the institution and ensure the accuracy of the account records.     

5. Prepare and organize surprise petty cash verification in branches.

6. Ensure that all payment vouchers are properly filed.

7. Assist Manager Budget and Treasury in verification of supporting documents and preparation of payments.

8. Ensure that all payment/expenses are justified, and related supporting documents are well filed.

9. Monitor all payments and expenses and ensure that they are recorded in the system on daily basis.

10. Prepare and declare all taxes and other legal deductions in line with Rwandan tax law and other relevant laws.

11. Perform any other duties related to the Treasury function as may be assigned from time to time.

Key Qualifications and Experience

The successful candidate must have at least:

• Master’s Degree in Finance, Accounting, Economics, Business Administration with specialisation in Finance or Accounting, Commerce, or any other relevant field with at least 2 years’ experience.

OR

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, Commerce, or any other relevant field with at least 4 years’ experience.

Key competencies

Technical Competencies:

1. Strong Budget and Treasury Management Skills

2. Financial Reporting Skills

3. Strong Accounting Skills 

4. Social Security Framework

5. Strong Knowledge of Financial Sector Development

6. Regulatory Framework

7. Strong Knowledge of Taxation system

8. Financial Modelling

9. Healthcare Financing

10. Planning and Budgeting

11. Quantitative Analysis

12. Managing Resources 

13. Project Planning Management

Behavioral Competencies: 

1. Client Service Focus 

2. Detail oriented

3. Proactive and engaging

4. Communication & Interpersonal Skills 

5. Result and Data Driven  

6. Breakthrough Innovation 

7. Strategic Thinking  

Additional Information:

The position is based in Kigali, Rwanda and applicants must be willing to relocate outside their countries of domicile.

RSSB reserves the right to appoint or to issue an employment contract to the successful candidate.

Interested candidates are advised to visit the RSSB website for a more detailed job description for the role, and submit your application online by Tuesday 2 April 2024.

In addition, please attach a curriculum vitae that contains details of your qualifications, experience and positions held relevant to this role. Include your day and evening telephone numbers, email address, names and address of three professional referees. Also, attach copies of your academic and professional qualifications.

 Any form of canvassing will lead to automatic disqualification.

Only short-listed applicants will be contacted.

Shortlisted candidates will be required to submit a valid Criminal Clearance Certificate.

RSSB is an Equal Opportunity Employer