Workatele

Finance Analyst at NMB Bank, Dar es Salaam, Tanzania

NMB Bank

Finance Analyst at NMB Bank, Dar es Salaam, Tanzania

NMB Bank

Full time Job

Date Posted: April 2, 2025

Application deadline:

Expired on: April 7, 2025 5:00pm

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Job description

Main Responsibilities:
  • Control financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards.
  • Financial analysis and reporting, taxation, insurance, credit control, accounts payable and receivable, inventory and cost control, and budgeting and forecasting.
  • Advise management on financial matters and the impact of laws and regulations on the organization.
  • Work closely with Senior Finance Analyst, Managers and other departments to develop budgets and monitor the approved budgets including projects.
  • Review and monitor the cost center budget and ensure monthly reports are shared with cost center owners and arrange meetings with Business/Cost Centre owners to discuss variances noted in their report and instill cost conscious culture.
  • Ensure timely payment of invoices as per the agreed Turnaround Time and ensure records are safely kept for easy reference and audit trail.
  • Ensure timely resolution of queries and complaints as per the agreed Turnaround Time including Procure to Pay (P2P) queries/complaints.
  • End to end management of fixed assets of the bank including timely updating the fixed asset register (FAR) with additions/capitalization/transfers/disposals, running depreciation and reconciliation of FAR with General Ledgers from the system.
  • Coordinate physical verification of fixed assets across the network and timely reconciliation of verified assets and assets in the FAR to resolve any difference noted.
  • Be available for any other duties related to finance and control as may be assigned from time to time by bank’s management.
Knowledge and Skills:
  • Understanding of financial control and management, and the application of Bank’s products, policies, and procedures.
  • Technical Financial management, accounting management; computer literacy (MS Excel, Power Point, ERP systems), best practices in internal controls.
  • Behavioural Information Monitoring, Decision Making, Communication, Customer Focus, Facilitating Change, Managing Work.
Qualifications and Experience:
  • Bachelor’s degree in business studies, preferably Accountancy and Finance or related fields.
  • Professional qualification (CPA, ACCA) will be an added advantage.
  • At least 3 years’ experience in financial accounting and internal control environment.

Application deadline:

Expired on: April 7, 2025

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