Tuesday, February 2, 2021

New Job Vacancy at National Bank of Commerce (NBC) – Financial Controller

AJIRA LEO
National Bank of Commerce (NBC)
Jobs in Tanzania 2021: New Job Vacancies at National Bank of Commerce (NBC) 2021
Position: Financial Controller
Location: Head Office NBC
Type: Full time 
Job ID: R-15913321
Overview
NBC
is the oldest serving bank in Tanzania with over five decades of
experience. We offer a range of retail, business, corporate and
investment banking, wealth management products and services.
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Job Summary
To provide advice and support in financial
practice formulation and associated best practice improvement tactics;
enabling the provision of specialist expertise.
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Job Description​
Financial
Leadership and Support to business: | Develop internal capability
through the recruitment and development of a capable team who will
ensure the necessary resources are in place to achieve business strategy
and objectives Together with the HRBP for the business unit implement
the people management strategy for the area with a focus on talent
management, development, resourcing and retention Embed formal
Performance Development and informal coaching in the Team Motivate team
and implement measures in place to recognise their direct reports
Motivate team members through coaching and mentoring them to perform
optimally around the vision and values, create a sense of urgency and
excitement around the business and ensure that they strive to deliver
optimally: Risk Management | Act as sponsor for the area’s Risk
Management Control Framework and manage and ensure compliance of the
relevant policies Implement areas identified in the review of audit
issue/findings logs and ensure adequate attention is given to closure
within the agreed timelines by the accountable incumbent within the team
Complete required compliance and SOX attestations and ensure that
impacted team members complete their attestations Review and approve
Control Risk Assessments (RCA’s) prepared in the function Complete
attestations to testify to the adequacy of controls on request within
specific area Implement Key Risk Scenarios Actively work with other
managers to ensure the risk in the BU is minimised the amount of
economic capital that has to be set aside for operational risk:
Financial management and Business Partnering | Working with business
unit heads define the cost centre structures and rollup/consolidation to
effectively manage the businesses performance 3 Work with business unit
heads to determine their performance reporting (financial and
non-financial) needs and agree deliverables on an annual basis Define
and instruct team on the formatting of management reports and contract
with system developers and data providers to develop the reports Ensure
“one version of the truth” for all reporting and that management
reporting reconciles/agrees to reports produced within other areas of
the business Review the variance analyses for the different business
units as prepared by the team and discuss major variances, on the cost
and income sides, with business unit heads to gain and understanding of
the reasons Review quality of and provide input into the Cluster Exco
pack (as compiled by the Cluster CFO) with a focus on the variances,
reasons for variances and overall business performance of the cluster
Review transfer pricing arrangements in place for group functions
charging to the cluster and recharges from the cluster to other business
areas On a monthly basis review reports to ensure that the charges
processed are accurate and address concerns directly with the finance
teams from other areas Lead investigations into cost saving initiatives
and make comprehensive recommendations to the business unit ME On
request from project/change teams, provide input and support during the
development of business case financials for new projects or initiatives:
Financial forecasting | Working with the business unit team and
participate in the forecasting and scenario planning processes by
providing a view on the financial impact on the cluster of changing
internal financial strategies Advise business unit decision makers on
the process and requirements during the MTP (Medium Term Planning), STP
(Short-term/budget planning) and RAF (Revised Annual Forecast) cycles
Ensure that their commitment and thorough input is obtained for these
activities and support them with translating strategy into financial
objectives on request Manage and review the consolidated financial plans
generated by MTP, STP and RAF prepared by the team and quality check
the consolidations prior to recommending approval to the Cluster CFO.

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Qualifications

  • Analytical
    Thinking – Advanced (Meets all of the requirements), Digital
    familiarity (Meets some of the requirements and would need further
    development), Enabling team success (Meets some of the requirements and
    would need further development), Ethics and values (Meets all of the
    requirements), Financial Experience, Financial Management (Meets some of
    the requirements and would need further development), Openness to
    change (Meets some of the requirements and would need further
    development), Postgraduate Degrees and Professional Qualifications –
    Financial Sciences, Quality assurance (Meets all of the requirements)

Deadline: 16th February, 2021.

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