MOROGORO AND MVOMERO TEACHERS SAVINGS AND CREDIT COOPERATIVE SOCIETY LTD
P.O. BOX 2071
REG. No. PRI-MRG-MOR-DC-2023-3920
Email: [email protected]
JOB VACANCY ANNOUNCEMENT
Ref. No. M&MTs LTD/SACCOS/CR/2025/001
December 24, 2025
Morogoro and Mvomero Teachers Savings and Credit Cooperative Society Ltd (M&MTs LTD), registered under Registration No. PRI-MRG-MOR-DC-2023-3920, was established in accordance with the Microfinance Services Act No. 10 of 2018 and its Regulations of 2019, and was later licensed as a Microfinance Service Provider under License No. MSP3-TCDC/2021/00363.
The Board of Morogoro and Mvomero Teachers SACCOS Ltd hereby invites applications for four (4) job vacancies as follows:
- SACCOS MANAGER – ONE (1) POST
1.1 Duties and Responsibilities of the Manager
a) Implementing and ensuring compliance with laws, regulations, policies, procedures, terms, and codes of ethics;
b) Ensuring effective operational and reporting systems that facilitate communication;
c) Preparing the annual budget and strategic business plan in consultation with Board members;
d) Handling all staff-related matters, particularly training and human resource development;
e) Collaborating with the Board in contractual activities;
f) Ensuring that books of accounts are closed on time, accounting records reflect the actual position, and reconciliations with individual accounts are done before preparation of final financial statements;
g) Ensuring accurate and timely preparation of income and expenditure statements, balance sheets, and overdue loans reports;
h) Presenting management reports to Board meetings showing the financial position of the SACCOS, including balance sheets, income and expenditure statements, overdue loans reports, annual budgets, performance trends, and financial ratios;
i) Authorizing expenditures within approved estimates as per limits set by the Board and signing documents authorizing disbursement of SACCOS funds in accordance with SACCOS policies;
j) Assisting the Board to set appropriate interest rates, fees, and other charges for products and services offered;
k) Assisting the Board in identifying acceptable collateral for securing loans;
l) Ensuring sufficient liquidity to meet loan demands, savings withdrawals, and operational expenses;
m) Advising the Board on recruitment or dismissal of staff, payment of salaries, allowances, and other benefits as approved by the Board, rewarding and promoting staff, or taking disciplinary action against offenders;
n) Submitting appropriate reports to relevant authorities in a timely manner;
o) Implementing recommendations from internal and external audit reports and inspection reports issued by relevant authorities; and
p) Performing any other duties as directed by the Board.
1.2 Qualifications of the Manager
a) Must hold at least a Bachelor’s Degree in Management, Economics, or Business Administration from a recognized university;
b) Must have at least three (3) years of managerial experience at a senior level.
1.3 Salary
Salary will be paid in accordance with the salary scales of Morogoro and Mvomero Teachers SACCOS Ltd (M&MTs LTD).
- CHIEF ACCOUNTANT – ONE (1) POST
2.1 Duties and Responsibilities of the Chief Accountant
a) Planning and coordinating collection and disbursement of funds in accordance with SACCOS procedures and guidelines;
b) Advising Management and the Board on the financial status of the SACCOS, including investments and asset acquisition;
c) Supervising compliance with financial and accounting procedures in SACCOS operations;
d) Coordinating the closing and submission of accounts to auditors and supervisors within the stipulated cooperative timelines;
e) Ensuring that audit and supervisory queries are addressed and responded to in a timely manner;
f) Coordinating implementation of resolutions and directives from meetings and supervisory authorities relating to the finance department;
g) Coordinating preparation and submission of annual income and expenditure estimates to approving authorities;
h) Regularly assessing liquidity position and capital adequacy and advising the Board on appropriate actions;
i) Preparing and submitting various statutory reports to relevant authorities accurately and on time;
j) Advising on necessary improvements to financial policies and guidelines of the SACCOS; and
k) Performing any other duties as may be directed by the Manager or the Board.
2.2 Qualifications of the Applicant
a) Must hold at least a Bachelor’s Degree in Accounting, Finance, Auditing, Business Administration, Commerce, or other related fields from a recognized institution;
b) Must have a minimum of three (3) years of relevant working experience;
c) Must be a Certified Public Accountant (CPA) registered with the National Board of Accountants and Auditors (NBAA);
d) Applicants with a background in Cooperative Studies will have an added advantage.
2.3 Salary
Salary will be paid in accordance with the salary scales of Morogoro and Mvomero Teachers SACCOS Ltd (M&MTs LTD).
- LOAN OFFICER – ONE (1) POST
3.1 Duties and Responsibilities of the Loan Officer
a) Receiving and analyzing loan applications from members;
b) Inspecting applicants’ collateral to verify authenticity, value, and licenses;
c) Providing education and training to borrowers on loan disbursement and repayment;
d) Inspecting and evaluating projects for which loans are applied;
e) Preparing monthly reports on disbursed and repaid loans;
f) Following up on loan repayments;
g) Preparing guidelines to be used by borrowers; and
h) Maintaining accurate records of debtors.
3.2 Qualifications of the Applicant
a) Must hold a Bachelor’s Degree in Accounting, Banking, or other related fields in cooperative or business studies;
b) Must have a minimum of two (2) years of relevant working experience; and
c) Must be computer literate.
3.3 Salary
Salary will be paid in accordance with the salary scales of Morogoro and Mvomero Teachers SACCOS Ltd (M&MTs LTD).
- FINANCE CLERK – ONE (1) POST
4.1 Duties and Responsibilities of the Finance Clerk
a) Verifying bank slips and mobile money messages before issuing SACCOS receipts;
b) Processing loan payments and other payments;
c) Uploading deductions into the system;
d) Performing other duties as directed by the Head of Department;
e) Safeguarding and constantly monitoring the SACCOS cash safe;
f) Maintaining financial books; and
g) Preparing daily financial reports.
4.2 Qualifications of the Applicant
a) Must hold a Diploma in Accounting, Banking, or other related business fields;
b) Must have a minimum of two (2) years of relevant working experience; and
c) Must be computer literate.
4.3 Salary
Salary will be paid in accordance with the salary scales of Morogoro and Mvomero Teachers SACCOS Ltd (M&MTs LTD).
GENERAL CONDITIONS FOR ALL APPLICANTS
i. All applicants must be Tanzanian citizens;
ii. All applicants must attach a certified copy of their birth certificate verified by an Advocate/Lawyer. Applicants must submit a detailed Curriculum Vitae (CV) with reliable addresses, telephone numbers, and names of three (3) reputable referees;
iii. All applications must be accompanied by certified copies of academic and professional certificates verified by an Advocate/Lawyer;
iv. Testimonials, provisional results, statements of results, and Form IV and Form VI results slips will not be accepted;
v. Applicants who studied outside Tanzania must ensure their certificates are verified and approved by the relevant authorities (TCU, NECTA, and NACTEVET);
vi. Submission of forged information or qualifications will result in legal action being taken against the applicant.
The deadline for submission of job applications is 1st January, 2026.
All applications should be sent via email to:
[email protected]
Applications must be submitted in PDF format. The application letter, certificates, and all attachments must be combined into one single file.
Note: Basic ICT skills are mandatory for applicants for all positions.
The application letter must be signed and must include a valid telephone number and active email address. No hand-delivered applications will be accepted.
Signed
JUMA H. MOHAMMED
CHAIRPERSON OF THE BOARD
M&MT SACCOS LTD
P.O. BOX 2071, MOROGORO
Only applicants who meet the requirements will be contacted for interviews on the specified dates.