Reports to: Chairperson, Loans Committee

About US:

The National Social Security Fund (NSSF) is a Provident Fund mandated to provide social security to its members as prescribed by law under CAP 222 (Laws of Uganda) through efficient management of members' contributions. The NSSF asset base is currently over Ugx. 9.8  trillion, making the Fund one of the largest players in Uganda’s economy.

Job Summary:  The NSSF Staff Sacco Administrator will mainly process SACCO products for the members, update and reconcile member statements, continuous assessment of existing SACCO products, creation of new products, continuous improvement of SACCO processes to remove redundancies, member recruitment and retention, continuous sensitization of members about NSSF Staff SACCO products.

Key Duties and Responsibilities:  

• Supervise the SACCO staff
• Receive and review all member loan applications.
• Follow up with the Loans Committee for timely processing of loans.
• Track the performance returns of the NSSF SACCO Unit trusts.
• Review loan application for onward consideration by the Loans Committee.
• Process member payments within the agreed Turn Around Time.
• Post and Update transactions in the Financial System within agreed timelines
• Generate new products and assess performance of existing SACCO products
• Payment of Supplier Invoices, allowances and other Internal Payments using the Bank Online Platforms.
• Monitor Timely Payment of Investments. Process Investments on a timely basis
• Prepare Monthly financial reports and operations performance reports.
• Review monthly expenditure and recommend areas where savings can be made.
• Monitor and manage the process of retrieval and archival of the SACCO Records
• Carry out Bank agency roles of delivering bank correspondences and collection of cash from the Banks.
• Design training programs and carry out trainings to Members on SACCO processes and products
• Generate monthly / periodical statutory returns (Taxes, NSSF, Regulatory etc...)
• File and Pay the taxes and NSSF returns.
• Prepare end of period adjustments: accruals for provisions for unbilled monthly expenses and amortization of prepayments
• Reconciliation of the member’s accounts.
• Monitoring and updating member’s statements
• Provide information to both external and internal auditors
• Compile and issue withholding tax credit certificates to suppliers
• Organise SACCO Committee meeting and follow up on agreed upon actions
• Work with the governing Authority to ensure the SACCO operations are done within the law
• Plan and organise the SACCO AGM
• Plan and Organise SACCO Committee meetings

Qualifications, Skills and Experience:

• The applicant for the National Social Security Fund (NSSF) NSSF Staff Sacco Administrator job must hold a Bachelor’s degree in Business courses like Bachelor of Commerce and a professional course in accounting like ACCA/CPA.
• Two to three years of work experience in Finance Department with a Large Institution.
• Data management.
• Oral & written communication skills
• Sound judgment and decision-making skills
• Analytical Skills
• Attention to details
• Interpersonal /customer service skills
• Creativity

Interested individuals should send copies of academic credentials, application letters and detailed CVs addressed to the Head of Human Resources & Administration to recruitment@nssfug.org

Kindly include the title of the job in the subject line.

Please note that canvassing or lobbying will lead to automatic disqualification of the candidate