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Barely 0.5 million salaried private and public sector workers, who form less than 6 percent of the Rwandan workforce, are saving with the Rwanda Social Security Board (RSSB) for their retirement. The remaining majority workforce, including those in the agricultural sector, workers in small and micro enterprises, daily wage earners, domestic help, self-employed professionals and other informal sector non-salaried workers more generally are excluded from the Rwanda Social Security Board (RSSB) pension program and hence face a significant risk of old age poverty.
In collaboration with Access to Finance Rwanda, the Government of Rwanda launched a new, universal pension scheme for all Rwandan citizens “Ejo Heza Long Term Saving Scheme”. Through the Scheme, the Government aims to provide each Rwandan citizen an equal right and opportunity to accumulate savings for his or her own old age in order to achieve a financially secure and dignified retirement.
Ejo Heza Long term Savings Scheme is currently administered by RSSB and it works with a diverse range of intermediaries spread across all Districts of Rwanda such as bank branches and agents, Umurenge SACCOs, MFIs, cooperatives, MNO agents, utility bill payment agencies and IREMBO that support citizens in education, enrolment and subscriptions to the scheme. RSSB is leveraging existing administrative capacity and infrastructure of relevant line ministries (MINALOC, Gender, Youth, etc.) as well as volunteers and community-based networks (including VSLAs set up by NGOs) for sustained, mass-scale awareness of the Ejo Heza Long term Savings Scheme and promoting key concepts of thrift and self-help and cultivating the habit of retirement savings among citizens.
Reporting to the Senior Accountant, the Accountant will be responsible for the following key tasks:
|Tasks and Responsibilities||Deliverables|
||-* Weekly banks and MNOs reconciliation.|
The Accountant should: