Location Iringa, Tanzania
Start Date Apr - Jun 2019 (flexible)
Length of Placement 9 Months
Language Requirements English
English Reading: Level 5, Writing: Level 5, Speaking: Level 5
Language Scale: http://www.cusointernational.org/languageratingscale
Open to Canadian Citizens and Permanent Residents of Canada only
As the Financial Management Advisor, apply your financial expertise to mentor small and medium-size enterprises (SMEs) the Tanzania Local Enterprise Development (T-LED) project supports in Iringa, Tanzania.
The T-LED project supports SMEs to overcome existing barriers to grow their businesses in food production, natural resource products, and other agribusiness value chains. T-LED pays particular attention to the challenges women-led SMEs face by matching them with skilled volunteers with management and entrepreneurial experience to provide guidance. The project also equips SMEs with financial resources via a matching loan initiative and financial mentorship to support SMEs that are ready to expand their operations.
Funded by Global Affairs Canada, T-LED is implemented in partnership by Cuso International and Voluntary Service Overseas (VSO) Tanzania. The project is delivered in 3 strategic regions of Tanzania – Mtwara/Lindi, Iringa/Njombe, and Mwanza/Shinyanga – through the supervision of a field manager and full project team based in Dar es Salaam. T-LED implements its deliverables through the collaboration with 2 NGOs, the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) and the Tanzania Women Chamber of Commerce (TWCC), as well as one 1 government body, Small Industries Development Organization (SIDO). International and national volunteers with various skill sets play an essential role in collaborating with the T-LED project team to address the challenges SMEs face.
The aim of the Financial Management Advisor role is to work with the T-LED implementing partners – SIDCO, TCCIA, and TWCC - to coach local SMEs in improving their financial management capacity and their ability to access financing, win contracts, budget, and report financially. This will entail direct interaction with various SMEs that are at the inception or early stages of their operations and will benefit from financial insight to reach the next level of growth. By working with T-LED national volunteers, you will be supported in some language and cultural interpretation when fostering relationships with various local SMEs.
You will be well supported by the Iringa team, all eager to collaborate with you to address the financial gaps of knowledge many SMEs currently face.
Come join a dynamic T-LED team!
As a volunteer, you will:
-Train SME staff in simple financial and basic accounting
-Working with SME staff to develop sound financial processes for budgeting and managing expenditure
-Coach and mentor SIDO, TCCIA and TWCC staff to improve business support services
-Develop tools and training materials with SIDO, TCCIA and TWCC staff that can be used in their business development services
-Improve capacity of SMEs to win contracts with companies in the extractives and agriculture value chains
Essential Academic Qualifications:
- Bachelor's Degree in in Finance or related field
Essential Professional Background:
- 3 – 5 years’ work experience in developing financial management systems
- Ability to formulate and implement financial regulations, policies and procedures
-Good experience in establishing and supporting organization development
- Facilitation and training skills; experience in development and delivering workshops
T-Led Project - VSO Tanzania and Cuso International
The Tanzania Local Enterprise Development (T-Led) project is aimed at developing enhanced equitable and sustainable economic growth and prosperity for women and men in the Mtwara, Lindi, Mwanza and Iringa regions of Tanzania. This aligns with our project partner, the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), along with goals of increasing private sector development, small industry development (SIDO) and women-led business growth (TWCC).
The project aims to increase economic growth and prosperity in two ways:
1) By increasing the income and growth potential of female and male entrepreneurs in the value chains related to foreign direct investment in agriculture and the extractive industries and
2) By enhancing small and medium-sized enterprises support services provided by Tanzania Women Chamber of Commerce (TWCC), SIDO and TCCIA in the target regions.
Cuso International terms and conditions allow you to lead a modest and healthy lifestyle while being effective in your placement. This support package will cover basic living expenses for one volunteer and is not intended to cover home-based expenses (ex. loans, support payments, etc.) or luxury items such as imported items in placement or international personal travel.
- Modest monthly living allowance (varies depending country)
- Accommodation while in placement
- Return airfare and visa/work permit costs
- Cost of required vaccinations, antimalarial medication and health insurance
- Pre-departure training and in-country orientation
- Travel and accommodation for reintegration debriefing weekend
- Modest support for accompanying partners and dependents going on placement with you for 12 months or longer (Return flight, emergency medical insurance, vaccinations)
- Access to Employee Assistance Program while in placement and upon return
- Cuso International assessment day (Candidates must cover the first $200 of the most cost-effective travel expenses and all accommodation costs).
- Travel and accommodation for the five-day pre-departure training course and for in-country orientation
- Bonus: Additional return flight home or cash in lieu after 12 months of service for volunteers who extend for another 6 months
We ask each volunteer, regardless of placement length, to raise $2,000. All volunteers receive support from Cuso International to help achieve the goal through fundraising. If the volunteer chooses not to fundraise or is unable to achieve the fundraising goal, he/she can make a one-time donation or become a monthly donor to support our work.
Residency and Citizenship
The majority of Cuso International volunteer applicants are residing in Canada at the time of application and during the pre-departure process. Occasionally we received applications from volunteer applicants who are residing outside of Canada at the time of application. In both instances, between your application date and placement start date, we must be able to contact you and you must be able to contact us easily and promptly throughout the process.
We may require your passport and would need to be aware of your current place of residence and any travel plans you may have during this time. You will also require unrestricted access to Canada during this time for assessment and training, as applicable.
Leaving your country of residence can have significant effects on your citizenship status in that country. It is your responsibility to research the consequences of travelling to Canada during the pre-departure process if you are living outside of Canada and of leaving your country of residence for a placement with the immigration authority where you live.
By applying to this placement, you accept full responsibility for any consequences related to your citizenship, residency and immigration status or penalties as a result of travel to an assessment day, training course, international placement or other Cuso International related travel.
You must check the implications that apply to you, but examples include:
- Canadian permanent residents may need to make arrangements with immigration authorities before travelling. These arrangements allow them to travel without risk to their status in Canada. Without them, residency status may be withdrawn.
- Citizens of other countries, including those visiting Canada on a visa, may have travel restrictions.