Descriptions
SUMMARY
OVERVIEW
Job Description 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. Job Summary To lead business performance management and financial analytics by providing timely, accurate and forward-looking financial insights that support strategic and operational decision-making. The role is responsible for planning, budgeting, forecasting, performance analysis, profitability and cost analytics, management reporting and business partnering. It will proactively identify performance drivers, risks and opportunities, challenge business assumptions and recommend actions to improve profitable Job Description MAIN ACCOUNTABILITIES Accountability: Planning Weighting : 40% Outputs to deliver this accountability: To understand the key drivers of income & cost and develop and report financial and other performance measures required by local management & Group to monitor profitability of major products and of individual functions. To challenge reconcile functional budgets thereby ensuring that they are realistic and stretching. To monitor actual performance of [...]
BENEFITS
- of proactive risk management as intended by the RCA process and support them to articulate their risks and assess the effectiveness of their mitigating controls.
- Ensure that the concept of affordable risk management is promoted.
- Act as a trusted Finance business partner to business and functional heads, providing independent financial challenge and insight to support commercial and strategic decisions.
- Accountability: Performance Management Weighting : 30% Outputs to deliver this accountability: Group reporting flash, BSIS, Quarterly schemes.
- Prepare monthly BSIS (Balance sheet income statement) reports and supporting schedules as per Group
REQUIREMENTS
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- Effective presentation of detailed business financial performance analysis through production of monthly management accounts.
- Support and constructively challenge monthly financial results, Financial forecasts and plans for each of the business line.
- Perform ad hoc financial analysis within set deadlines and as requested by senior management.
- Identify value adding initiatives in conjunction with Finance and other business leaders in other functions.
- Provide accurately Financial segmented information on income, costs and balance sheet Analysis to satisfy internal and external functional needs.
- Prepare accounting and management information requests from Exco/ Group within agreed deadlines and to ensure that the information meets the highest standards.
- To challenge financial plans to commit costs, identifying areas for cost efficiency and managing the delivery of
BENEFITS
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- Participate in the bank’s financial statements are prepared in compliance with IFRS.
- Participate in general ledger reconciliation tasks to different finance department clerks.
- Participate/challenge on FTP, cost accounting and cost allocation and cost apportionment process and methodologies to ensure a fair distribution of economic
BENEFITS
- & costs across functions.
- Obtain relevant financial data from the Flexcube system.
- Develop financial models and analytical tools to support business decisions, pricing, investment proposals and strategic initiatives.
- Use data analytics to identify trends, anomalies, emerging risks and opportunities that may not be evident through standard [...]
HOW TO APPLY
Use the application link below to open the official application form.
