6 Aug 2021

Principal Pensions Officer at Tanzania-Zambia Railway Authority (TAZARA)

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Job Description


The Tanzania-Zambia Railway Authority (TAZARA) is a statutory institution owned by the two Governments of the United Republic of Tanzania and the Republic of Zambia on a 50/50 shareholding basis. The Authority is incorporated by the Acts of Parliament of the two contracting states, with its Registered Head Office being in Dar es Salaam, Tanzania and two Regional Administrative Centres, one in Mpika, Zambia and the other in Dar es Salaam. The position of Principal Pensions Officer has fallen vacant nd applications are invited from suitably qualified Tanzanians and Zambians as follows.

JOB TITLE: PRINCIPAL PENSIONS OFFICER

Department: Human Resources

Location: Head Office (1 Position), Dar es Salaam

Job Purpose:

Reporting to the Human Resources Manager, the Principal Pensions Officer’s role shall be to effectively oversee and coordinate policies and procedures relating to the pension schemes with quality service delivery to all scheme stakeholders.

Main Duties:

The following constitutes the main duties of the Principal Pensions Officer:

  • Provides secretarial services to the Board of Trustees and advises on new and emerging financial issues;
  • Review of pension policies and benefit packages;
  • Ensures that schemes operate effectively and comply with industry standards;
  • Monitors pension statutory regulations and developments in pension provisions in order to ensure the optimum performance of the pension fund;
  • Monitors and provides pension scheme deficit reports to the Board of Trustees and Management:
  • Develops communication strategies to promote the benefits of the pension scheme and assists in managing the relationships amongst the employer, trustees and employees;
  • Makes recommendations to improve the scheme in response to member feedback and scheme performance;

Competencies and Skills:

  • Basic knowledge of financial controls, investment accounting and investment systems;
  • Knowledge of mathematical principles and the ability to make accurate calculations;
  • Ability to prepare executive summaries and other written communications for senior management and Board of Trustees;
  • Skills in managing large and complex quantities of data and information;
  • Ability to use spread sheets, word processing, and presentation software;
  • Oral communication skills to positively present pension matters to individuals and groups both large and small; and
  • Integrity and the ability to maintain complete confidentiality.

Qualifications:

  • Form IV/VI certificate in Tanzania or Grade 12 certificate in Zambia
  • Bachelor’s degree in Insurance Studies, Pension Administration, Accounting, Business or Finance;
  • Chartered Pension Analyst (CPA), Actuarial Science, ACCA or CIMA are added advantages;
  • Minimum five (5) years of progressively responsible experience handling pension benefits for employees and preparing written reports for management;
  • Not less than 35 years of age.

Conditions of Service

This appointment is on three (3) years Fixed Term Contract of Employment, subject to renewal by mutual agreement.

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Method of Application

Only candidates who meet the specified requirements need to apply to the address indicated below, enclosing their detailed curriculum vitae, certified copies of educational certificates, names and addresses of three traceable referees. Closing date for receiving application letters is 20th August 2021 at 17:00hrs.

Notes: a) Female candidates are encouraged to apply.

b) Only short-listed candidates will be communicated to.

Human Resources Manager

Tanzania-Zambia Railway Authority (TAZARA)

Head Office, Julius Nyerere Road

P.o. Box 2834

DAR ES SALAAM, TANZANIA

Email: [email protected]







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