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Accountant Wanted at Malawi Union of Savings and Credit Cooperatives


Malawi Union of Savings and Credit Cooperatives (MUSCCO) has been mandated by one of its affiliates; Tadala SACCO which is in the Southern Region to facilitate recruitment of Accountant who will be based at Tadala Head-office at Nchalo in Chikwawa District.

The candidate will be reporting to the General Manager.

DUTIES AND RESPONSIBILITIES
  • Manage the SACCO based on policies, procedures, plans and limits as set by the Board of Directors.
  • Prepare and arrange Board and Committee meetings in liaison with the General Manager.
  • Ensure that the Board and all committees operate within the limits set in the Cooperative Societies Act, SACCO Bylaws and other regulations.
  • Prepare business plans and budgets in liaison with the SACCO General Manager.
  • Prepare monthly and annual operations and financial reports, and ensure timely distribution to the board, MUSSCO, Reserve Bank and the Registrar.
  • Reconcile monthly statements, ledgers and member accounts.
  • Check daily postings and transactions and verify Branch Supervisors cash on hand.
  • Receive, appraise and process loan applications based on sound lending principles and in liaison with the General Manager and Credit Committee.
  • Prepare matching and cash liquidity reports and monitor deposit maturities for both the SACCO and members.
  • Ensure safe custody of SACCO cheques, cash, passbooks and all controlled stationery.
  • Safeguard all assets of the SACCO.
  • Market the SACCO and conduct research for new services and products
  • Ensure that subordinates are performing their duties as set in their respective job descriptions.
  • Supervise the Branch Supervisors and other subordinates.
  • Follow up delinquent members and produce monthly delinquency reports for review by the credit and supervisory committee.
  • Perform any other duties as may be assigned by the SACCO General Manager from time to time.
QUALIFICATIONS
  • Diploma in Accounting from a recognized institution and those with Degree in Accounting or Finance will have an added advantage.
  • At least three years working experience in a similar position.
  • Proven Working knowledge of computerized accounting applications.
Method of Application
Application letters together with detailed Curriculum Vitae and three traceable referees two of which should be from previous and/or current employer(s) must be submitted to the following address by close of business on Thursday, 15th December, 2016

The Chief Executive Officer
MUSCCO LTD
P.O. Box 651
LILONGWE

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