SIDO Hiring Finance Management Officer

SIDO was established in October 1973 as a parastatal organization under now Ministry of Trade, Industry and Marketing (now Ministry of Trade, Industry and Investment). Its objective was to develop the small industry sector in Tanzania. It was expected to fulfill a very wide range of functions, from policy formulation to direct support to industries, to hands-on involvement in the establishment of SMEs in both rural and urban areas.

Vacancy: Finance Management Officer at SIDO

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DUTIES AND RESPONSIBILITIES

• To conduct credit training sessions and programs for clients on the management of credit and the credit methodology; 
• To receive and assess credit applications; 
• To make all necessary preparations for the disbursement of loans, including preparing repayment schedules and drafting loan contracts;
• To maintain records and tracking loans; 
• To make loan follow-up for clients to ensure loans are paid promptly; 
• To conduct impact monitoring and assessment; the Credit Officer will contribute to the assessment of the impact on clients of the financial services; 
• To participate in Regional Office Management and planning meetings, as well as relevant external meetings;
• To assist the Regional Manager in developing and maintaining relations with the local business community, including but not limited to potential and actual clients, and with other institutions providing micro financing services; 
• To contribute in identifying the need for programs improvements or for new micro financing services, and contribute to their development; 
• To propose changes in the credit policies of the Regional Office to the Manager; 
• Contribute to the preparation, organization and implementation of training programs for SIDO staff on credit matters when required; and
• Perform any other duties as may be assigned by his/her Supervisor.

QUALIFICATION AND EXPERIENCE

Holder of Bachelor Degree or Advanced Diploma either in Finance, Business Administration majoring in Finance or equivalent qualifications from recognized institutions.

Deadline for application is 21st March, 2024.

IMPORTANT: Submit all applications exclusively via the Recruitment Portal using the following link: https://portal.ajira.go.tz/. Avoid any other means for application. (You can also locate this link on the PSRS Website by clicking ‘Recruitment Portal’).