DCB Commercial Bank Chief Finance Officer Jobs in Tanzania

DCB Commercial Bank Chief Finance Officer Jobs in Tanzania


Job Details:

  • The role reports directly into Managing Director, a critical role in the organization. The incumbent in the role will be responsible for development and implementation of a financial strategic plan that will maximize shareholders value, while minimizing risks to achieve the strategic objectives of the bank.

  • The purpose of the role is to be responsible for all the Bank’s financial performance results by adhering with Generally Accepted Accounting Principle

    Duties and Accountabilities

    • To Influence the senior management and the board with an actionable insight¬ful information of the bank’s business drivers for the informed decision making.

    • Strategic balance sheet management by ensuring optimum funding, Liquidity, investment, and liability mix.

    • Develop, implement, and monitor annual budget for the bank, and ensure it is aligned with strategy approved by the Board.

    • Ensure bank’s capital plan is complete and reviewed every month and comply with statutory requirement in amount and WRA ratios.

    • Advice senior management and the board on financial control and profitability; prepares, presents, and interprets financial reports to senior management and the Board; adheres to tax laws and regulatory compliance to properly reflect the financial position of the Bank.

    • Work to protect the assets of the bank, ensure compliance with financial regula-tions, close the books correctly, and communicate Financial results to stake-holders.

    • Operate an efficient and effective finance organization providing a variety of services to the business such as financial planning
    and analysis, treasury, tax, and other finance operations.

    • Ensure execution of the financial plan is in accordance with financial manage¬ment requirements including forecasts and reconciliations

    • Ensure adherence to the regulatory requirements within the banking environ-ment including BoT, DSE, TRA and other regulatory authorities.

    • Update bank’s financial policies and procedures from time to time and recom-mend for changes to the Board

    • Work with other business units to ensure maximum investment returns are met with costs minimized, while managing stakeholders’ relations

    • Organize and interpret Financial reports, budgets, accounts, commentaries and financial statements and report.

    Job Holder Specifications

    • University Degree in Accounting, Finance, Business, Commerce, or related fields

    • CPA (T)/ACCA Qualified Member – Qualified Certified Accountant

    • Minimum of 7 years’ experience

    • Strong financial industry knowledge preferably Banking industry

    • Excellent written and spoken communication skills

    • Leadership Skills and Strategic Vision

    • Trustworthy and high level of integrity

    • Good understanding of Market, Operational and Credit risk -BASELs and IFRS 9

    How to Apply

    Applications should include the following:

    • Application letter signed by the applicant clearly indicating contact details

    • Professionally documented Curriculum Vitae

    • Name of 3 referees with detailed contacts

  • All interested applicants please submit your applications to:

    The Chief Manager – Human Resource and Administration
    DCB-Commercial Bank
    Magomeni Mwembechai-DCB House
    Morogoro Road
    P.O. Box 19798
    Dar es salaam

  • Or email: to info@dcb.co.tz

  • Deadline to receive applications is on the 13th of November, 2020.

  • Only shortlisted candidates will be contacted.

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