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About this job

Position: Chief Finance OfficerLocation: Head Office
 
JOB OBJECTIVE(S)
To oversee all activities relating to financial management and financial reporting in the subsidiary.
 
ROLE AND RESPONSIBILITIES

Implement financial policies, processes and internal control to increase organizational financial effectiveness and control
Effectively lead and oversee the finance function of the business.
Head the improvement of the financial operations of the subsidiary.
Responsible for organizational financial planning, budgeting, reporting and analysis.Liaise with the compliance department of the group to ensure that requisite targets are set and monitored.
Development of short and long term strategic financial objectives that are in line with the group’s financial plan
Ensure quality of subsidiary’s financial reports.
Constant review of the expense, revenue and other components of the annual budget to determine the accurate financial position of the organization at all times and to recommend suitable actions.
Provide executive management with advice on the financial implications of business activities.
Maintain the accounting policies to support the banks’ operations
Carry out all tasks as assigned by the Group Chief Financial Officer

 
KEY PERFORMANCE INDICATORS (KPIs)

Prompt rendition of returns/reports
Strict compliance with policies & procedures
Financials – Achievement of PBT target
Accuracy in preparation of financial statements
Quality of reports
Subsidiary fraud level
Revenue assurance from Income leakages

 
JOB REQUIREMENTS EDUCATION REQUIREMENTS

Minimum educational level — Tertiary qualification in Finance, Accounting or similar disciplines
Advanced Education and/or Professional qualification – MBA, MSC, ACPA, CFP etc is required.

 
EXPERIENCES

Minimum requisite experience – At least 8 years banking experience; 5 years in core Finance Department.

 
COMPETENCIES
Knowledge

Advanced knowledge of Finance, Economics and Financial accounting and tax
Financial Reporting, and analysis
Business risk management
Knowledge of Financial budgeting,
Market awareness.
Ability to analyze financial statements
Comprehensive knowledge of regulatory pronouncements and subsidiary financial laws.

 
Skills/Competencies

Written and oral communication skills
Strong interpersonal skills, negotiation skills.
Ability to prepare high quality reports.
•High level of integrity and dependability with a strong sense of urgency and results-orientation.
Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
•Analytical and Investigation Skills; Auditing Skills
Policy and Regulatory Interpretation skill.

 
How to Apply :
Qualified candidates MUST send their CV & Cover Letter attached with all academic certificates.
All applications MUST be sent electronically through:Email: recruitment.tanzania@ubagroup.comEmail subject: Chief Finance Officer : MAY, 2024
Deadline: 5th May 2024
Kindly note that, only shortlisted candidates will be contacted!