Exciting Career Opportunity at the Rwanda Social Security Board (RSSB) – Lead Accountant, Treasury
Are you ready to embark on a transformational journey? We are seeking a dynamic and forward-thinking leader to join us as the Legal Accountant, Treasury. If you thrive in dynamic environments and are committed to innovation and transformation, this is the opportunity for you!
This role offers a unique opportunity to be the treasury specialist and to oversee all treasury operations. You will also play a pivotal role in the implementation and maintenance of treasury management systems and tools.
Reporting to Manager, Budget and Treasury, the Lead Accountant, Treasury will be responsible for overseeing the treasury functions of the organization, including cash management, liquidity planning, risk management, and funding. This role ensures the efficient management of the company’s financial assets and liabilities, optimizes liquidity, and minimizes financial risks.
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 2.06 trillion Rwf , which is equivalent to over 15% of the country’s GDP, RSSB invests in key sectors of the economy and plays a crucial role in growing the country’s financial sector. With approximately 12 million members in the above six schemes, encompassing over 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.
Key Duties and Responsibilities
- Oversee daily cash management activities to ensure optimal liquidity.
- Monitor and forecast cash flow requirements to maintain adequate cash levels.
- Manage short-term investment activities to maximize returns on surplus cash in collaboration with his/her supervisors
- Develop and maintain liquidity management strategies and policies.
- Prepare and monitor liquidity forecasts and ensure alignment with corporate objectives.
- Identify and address potential liquidity risks and implement mitigation strategies.
- Identify, assess, and manage financial risks related to interest rates, foreign exchange, and other financial exposures.
- Develop and implement hedging strategies to mitigate financial risks.
- Manage the company’s debt portfolio and ensure compliance with covenants.
- Develop and implement funding strategies to meet short and long-term financial needs.
- Evaluate and execute financing options, including bank loans, bonds, and other financial instruments.
- Negotiate current accounts remuneration terms to optimize returns and availability of financial services.
- Ensure compliance with banking agreements and regulatory requirements.
- Oversee treasury operations, including payments, receipts, and reconciliations.
- Implement and maintain treasury management systems and tools.
- Develop and maintain treasury policies and procedures.
- Support the Manager, Budget & Treasury in developing and executing the company’s financial strategy.
- Conduct financial analysis and provide insights to support decision-making.
Key Qualifications and Experience
The successful candidate must have at least:
- Master’s Degree in Accounting, Finance, Economics or a related field preferably with at least 3 years relevant experience.
OR
- Bachelor’s Degree in Accounting, Finance, Economics or a related field preferably with at least 5 years relevant experience.
- CPA, ACCA, or other relevant professional certification is an added value
Key competencies
Technical Competencies:
- The role holder must have a strong knowledge of cash management, liquidity planning, and financial risk management.
- The role holder must have proficiency in treasury management systems and financial software.
- The incumbent must have excellent communication and interpersonal skills.
Behavioral Competencies:
- Must demonstrate impeccable customer service focus, strategic thinking, and strong ethical background with an ability to resist and zero tolerance for corrupt, political and other undesirable influences;
- Must be able to establish and maintain constructive and effective relationships with key stakeholders and staff alike;
- Must be open to change and adapt established methods for new uses within the institution;
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 Monday 26 August 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
Click here to visit the website source & Apply
