Thursday, September 30, 2021

2 New Job Opportunities at Bank of Africa (BOA) Limited October, 2021 – Various Posts

AJIRA LEO TANZANIA
Bank of Africa (BOA) Tanzania
Jobs in Tanzania: New Job Vacancies at Bank of Africa (BOA) Limited, 2021

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AJIRA TANZANIA 2021 | NAFASI ZA KAZI 2021

Head of Finance
Location:
Head Office Reporting to Managing Director
Summary of Responsibilities:
Manage
the Bank’s Finance function in accordance with the established
professional standards, policies and procedures and give a general
strategic and operational guidance on all financial matters of the bank
to continuously improve the financial Position of the bank.
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Scope of Duties:

  • Coordinating the planning and preparation of the bank’s strategic business plan.
  • Develop,
    cascade and monitor the implementation of financial strategy and work
    plans/Activity plans aligned to the overall bank strategy.
  • Develop
    performance measures that support the bank’s strategic direction and
    champion the achievement of revenue targets on interest income and
    off-balance sheet earnings through continuous monitoring of business
    performance and profitability performance mechanisms in line with the
    bank ‘s overall strategy.
  • Provide strategic support and
    directives to various business offices within the bank during Audits by
    regulatory authorities/external Auditors. Review the findings and
    recommendations made by the internal & external auditors and drive
    adherence to internal and external policies to meet compliance
    requirements of the bank and regulatory authorities.
  • Oversight of compliance with corporate and country financial reporting practices.
  • Prepare,
    present and interpret financial reports to Management, Board of
    Directors, shareholders and to direct and supervise preparation of all
    financial reporting.
  • Managing communications with the bank’s
    Executive Committee, the Board of Directors, and other stakeholders on
    financial matters.
  • Oversight of the bank’s financial transaction recording process In line with generally accepted accounting principles
  • Development,
    improvement and oversight of revenue and expenditure consistency checks
    and balances that promote performance management
  • Management of cost benefit analyses on investment and financing proposal
  • Participation in credit risk and market risk management processes
  • Provision of tax planning and compliance expertise
  • Overall
    development of the Finance function within the bank and adaptation to
    needs of changing environment with process improvements.
  • Train,
    motivate and manage performance of the finance team to enhance staff
    productivity thorough daily supervision of the team’s activities,
    feedback and provision of leadership in line with the policies
  • Any other duties as assigned by the Managing Director of the Bank.
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Academic/Professional Qualifications:

  • A degree in Accounting, Finance and/ or Business
  • Full qualification in a professional accounting course – ACCA or CPA
  • Solid computer competency in Microsoft Excel Spreadsheets, Word, and PowerPoint, knowledge of accounting packages desired.
  • Minimum of five years of post-qualification experience two of which should be at senior management level
  • Must be a person of integrity, proactive, a quick thinker, analytical and ready to adhere to the highest professional standards
  • Fluency in oral and written English is required, knowledge of French is added advantage.
  • Excellent presentation skills


Competence Requirements:

  • Strong strategic and conceptual skills
  • Leadership and team management skills
  • Customer centricity
  • Solid business acumen and financia I skills
  • Strong analytical and problem solving skills
  • Solid planning and project management skills
  • Enterprise risk management skills
  • Strong decision-making, conflict resolution and problem solving skills
  • Supplier relations and negotiation skills
  • Networking skills, tact and diplomacy; with ability to influence key people inside and outside the Bank
  • Very strong presentation skills, verbal and written communication skills
  • Team player with strong interpersonal skills and the ability to build internal and external networks
  • Ability to work under pressure, and exercise excellent judgment


Head of Enterprise Risk
Location:
Head Office Reporting to Managing Director
Summary of Responsibilities:
To
facilitate the execution of Enterprise Risk Management (ERM) processes
and infrastructure as a key enabler to achieving the business objectives
of the bank sustainably.

Scope of Duties:

  • To integrate risk management within the strategy development process of the bank.
  • To develop and communicate risk management policies, risk appetite and risk limits of the bank
  • To continuously monitor the Bank’s critical risks and develop risk mitigation strategies to respond to these risks
  • To
    establish, communicate and facilitate the use of appropriate Enterprise
    Risk Management methodologies, tools and techniques to effectively
    manage the risks of the bank
  • To work with business units to
    establish, maintain and continuously improve risk management
    capabilities and support business sustainability
  • To facilitate enterprise-wide risk assessments and monitor priority risks across the bank
  • To implement risk reporting to the Executive Committee, Board and Senior Management
  • To ensure effective alignment between the Enterprise risk management process, internal Audit and risk financing
  • To initiate regular risk management education and training across the Bank
  • To
    assist the Directorate, Executive Committee, and the Assets and
    Liabilities Committee with capital and resource allocation decisions
  • To provide an independent view regarding proposed business plans and transactions
  • To develop project risk management capabilities within the Bank
  • To develop and implement an IT Risk strategy to support Enterprise Risk Management
  • To
    determine the risk-bearing capacity of the bank and advise on
    self-insurance portfolio options as in keeping with risk management
    strategy, including financing options for the cost of risk retention
  • And any other duties that may be assigned.

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Academic/Professional Qualifications:

  • Bachelors’ degree in a Business, Finance, Statistics, Mathematics, Economics, Accounting or other quantitative fields
  • Masters’ Degree or Professional Qualifications in relevant fields e.g. finance, ICT security, banking is desirable
  • 8 years’ experience in Business (preferably Banking); 3 of which should be at senior management level
  • Strong grasp of Enterprise Risk Management principles and philosophy


Competence Requirements:

  • Solid grasp and interpretation of industrial and national economic trends
  • Strong strategic and conceptual skills
  • Proven leadership and people management skills
  • Solid business acumen a nd fi nancial skills
  • Strong analytical and problem solving skills
  • Strong decision-making, conflict resolution and problem solving skills
  • Strong presentation skills, verbal and written communication skills,
  • Team player with strong interpersonal skills
  • Stakeholder management.
  • Ability to work under pressure and exercise excellent judgment
  • Integrity and professionalism
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Method of Application
All applications and copies of certificates should be submitted to Human Resources department by end of 08th October, 2021 through;

  • THE HUMAN RESOURCES DEPARTMENT
  • BANK OF AFRICA – TANZANIA
  • NDC DEVELOPMENT HOUSE
  • OHIO / KIVUKONI STREET
  • P.O Box 3054
  • DAR ES SALAAM
  • TANZANIA.

Or through email: hr@boatanzania.com
NOTE: We shall communicate to only shortlisted candidates who meet all the requirements above.

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