Manager – Finance Job at DTB Bank Tanzania | October 2024 | Apply Now - Electrotza.com

 Job Title: Manager – Finance

Job Type: Full-time
Location: DTB Bank, Tanzania
Date Posted: October 2024
Application Deadline: 13/10/2024

Job Purpose:

The Manager – Finance will be responsible for reporting financial performance, managing revenue growth, risk, and cost, and ensuring capital adequacy for medium- and long-term business growth. The role requires ensuring regulatory compliance and providing financial insights to support business decision-making while coordinating the DTB Tanzania finance function with the Group Finance Team at DTB Kenya.

Key Responsibilities:

• Manage balance sheet options, financial resources, and business risks.
• Analyze and review business performance via balance sheet and income statements.
• Provide variance reporting and interpret changes in financial performance.
• Ensure asset efficiency (ROA, ROE, ROI) is aligned with market and group expectations.
• Oversee liquidity requirements and manage capital adequacy and cost.
• Coordinate and manage the annual statutory audit and ensure compliance with group timelines.
• Liaise with Bank of Tanzania (BOT), Tanzania Revenue Authority (TRA), and external stakeholders for audits and examinations.
• Ensure accurate execution of accounting functions, including reconciliations, payroll, and payments.
• Advise management on finance-related matters and IFRS updates.
• Support branches with finance-related matters.

Qualifications:

• University degree with professional certification (CPA, ACCA).
• Must be proficient in computer applications.

Experience Required:

• At least 5 years of banking experience, with a minimum of 2 years in a senior managerial role.

Personal Attributes:

• Strong financial analytical and evaluation skills.
• Ability to handle complex work environments independently.
• Excellent communication, leadership, and reporting skills.
• Efficient management of information for value-added reporting.

Key Performance Indicators:

• Maintain cost-to-income ratio within BOT directive of 55%.
• Review and negotiate expiring contracts for better terms.
• Ensure expenditures remain within budget.
• Provide timely and accurate MIS and statutory reports.
• Ensure timely payments of taxes, pension funds, and invoices.

Application Process:

Interested candidates who meet the requirements should send their applications to recruitment2024@diamondtrust.co.tz by 13th October 2024.

NB: Successful candidates will be contacted within 14 days after the submission deadline. DTB is an equal opportunity employer and does not charge for applications.