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