Exciting Career Opportunity at the Rwanda Social Security Board (RSSB) – Senior Accountant, Budget
Are you passionate about financial management and budgeting? Do you possess a strong understanding of accounting principles and enjoy working in a dynamic team environment? If so, we have an exciting opportunity for you to join our Finance team as a Senior Accountant, Budget.
As a Senior Accountant, Budgeting, you will play a pivotal role in realizing our aspirations by assisting in the coordination of all activities related to institutional budgeting. Your contributions will directly impact the financial stability and security of our members, stakeholders and the Rwandan citizens at large.
Reporting to the Manager Budget and Treasury, the Senior Accountant, Budget will be responsible for coordinating all activities related to institutional budgeting. Your responsibilities will include assisting various RSSB functions in budget preparation, reviewing and submitting consolidated budgets, verifying invoices, recording expenditures, managing advances, and much more.
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
- Assist different RSSB functions in preparation of their respective budgets.
- Review and submit to the Manager Budget and Treasury the institutional consolidated budget.
- Verify suppliers’ invoices and make all records regarding institutional expenditures.
- Record advances in the form of internal cash requisitions and justifications there on
- Prepare and timely record adjustment entries.
- Collect, edit, and compile data for budget preparation and budget revision.
- Coordinate the recording activity of the approved budget in the software.
- Ensure daily budget execution follow-up through committed expenditures on all budget lines.
- Coordinate the preparation of periodic and annual RSSB consolidated budget execution reports.
- Reconcile contractors’ accounts.
- Verify and process investment expenditure requests.
- Manage and evaluate the performance of the Accountants Budgeting
- Perform any other duties related to the Budgeting 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:
- Financial Reporting Skills
- Strong Accounting Skills
- Social Security Framework
- Strong Knowledge of Financial Sector Development
- Regulatory Framework
- Financial Engineering
- Financial Modelling
- Healthcare Financing
- Planning and Budgeting
- Project Planning Management
- Knowledge of the relevant laws and regulations
Behavioral Competencies:
- Client Service Focus
- Detail oriented
- Proactive and engaging
- Integrity and Confidentiality
- Strong Personality
- Communication & Interpersonal Skills
- Result and Data Driven
- Breakthrough Innovation
- Problem Solving & Quality Decision Making
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
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