Exciting Career Opportunity at the Rwanda Social Security Board (RSSB) – Lead, Financial Controller
Are you ready to embark on a transformational journey? We are seeking a dynamic and forward-thinking leader to join us as the Lead, Financial Controller. If you thrive in dynamic environments and are committed to innovation and transformation, this is the opportunity for you!
We are seeking an experienced and strategic Lead Financial Controller to join our dynamic finance team. In this pivotal role, you will be responsible for supporting all aspects of the company’s financial operations, ensuring robust financial controls, reporting, and compliance that will directly contribute to transforming the organization, towards providing soci0-economic well-being, long-term stability and prosperity for Rwandans.
Reporting to the Manager,Financial reporting & Analysis, the Lead, Financial Controller will be responsible for managing the financial activities of the organization, including financial planning, forecasting, and financial reporting. This role ensures the timely posting and accuracy of all financial records, compliance with regulations, and effective internal controls. The Lead Financial Controller will also support the Manager, Financial Reporting & Analysis in strategic decision-making and financial strategy
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 realizing 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. By joining RSSB, you will have the opportunity to actively contribute to the advancement of social security and overall transformation of Rwanda.
Key Duties and Responsibilities
- Coordinating daily posting and reconciliation of all financial operations, including contributions, Benefits, Investments, accounts payable, accounts receivable, payroll, and all other general ledgers’ accounts.
- Ensure the accuracy and integrity of financial records and statements.
- Develop and manage financial policies and procedures.
- Supporting the Financial reporting team in preparation of monthly, quarterly, and annual financial statements and reports.
- Ensure compliance with IFRS, and other relevant accounting standards.
- Coordinate in collaboration with Lead, Financial reporting the preparation of regulatory filings and compliance documents.
- Develop and implement internal controls to safeguard company assets and ensure financial accuracy.
- Liaise with external auditors and manage the annual audit process.
- Support the Manager, Financial reporting & Analysis in developing and implementing financial strategies aligned with organizational goals.
- Conduct financial analysis and provide strategic recommendations to senior management.
- Participate in long-term financial planning and risk management activities.
- Implement best practices and leverage technology to enhance financial operations.
- Lead projects related to system upgrades or new financial systems implementation.
- Analyze financial data to identify trends, variances, and areas for improvement.
- Prepare and present financial analysis and reports to executive management.
- Provide actionable insights based on financial analysis
Key Qualifications and Experience
The successful candidate must have at least:
- Master’s Degree in Accounting, Finance, or a related field preferably with at least 3 years relevant experience.
OR
- Bachelor’s Degree in Accounting, Finance, 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 strong knowledge of IFRS and other accounting standards
- The role holder must demonstrate in-depth experience in Data processing
- The incumbent must have strong knowledge of Taxation System
- The incumbent must have strong knowledge of financial sector development
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
