United Bank for Africa (UBA) Vacancy | Chief Finance Officer
Job Overview
United Bank for Africa (UBA) Vacancy | Chief Finance Officer
Dar es Salaam
Position: Chief Finance Officer
Location: Head Office
JOB OBJECTIVE(S)
To oversee all activities relating to financial management and financial
reporting in the subsidiary.
ROLE AND RESPONSIBILITIES
- Implement financial policies, processes and internal control to increase organizational financial effectiveness and control
- Effectively lead and oversee the finance function of the business.
- Head the improvement of the financial operations of the subsidiary.
- Responsible for organizational financial planning, budgeting, reporting and analysis.
- Liaise with the compliance department of the group to ensure that requisite targets are set and monitored.
- Development of short and long term strategic financial objectives that are in line with the group’s financial plan
- Ensure quality of subsidiary’s financial reports.
- Constant review of the expense, revenue and other components of the annual budget to determine the accurate financial position of the organization at all times and to recommend suitable actions.
- Provide executive management with advice on the financial implications of business activities.
- Maintain the accounting policies to support the banks’ operations
- Carry out all tasks as assigned by the Group Chief Financial Officer
KEY PERFORMANCE INDICATORS (KPIs)
- Prompt rendition of returns/reports
• Strict compliance with policies & procedures
• Financials – Achievement of PBT target
• Accuracy in preparation of financial statements
• Quality of reports
• Subsidiary fraud level
• Revenue assurance from Income leakages
JOB REQUIREMENTS EDUCATION REQUIREMENTS
- Minimum educational level — Tertiary qualification in Finance, Accounting or similar disciplines
- Advanced Education and/or Professional qualification – MBA, MSC, ACPA, CFP etc is required.
EXPERIENCES
- Minimum requisite experience – At least 8 years banking experience; 5 years in core Finance Department.
COMPETENCIES
Knowledge
- Advanced knowledge of Finance, Economics and Financial accounting and tax
- Financial Reporting, and analysis
- Business risk management
- Knowledge of Financial budgeting,
- Market awareness.
- Ability to analyze financial statements
- Comprehensive knowledge of regulatory pronouncements and subsidiary financial laws.
Skills/Competencies
- Written and oral communication skills
- Strong interpersonal skills, negotiation skills.
- Ability to prepare high quality reports.
- High level of integrity and dependability with a strong sense of urgency and results-orientation.
- Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
- Analytical and Investigation Skills; Auditing Skills
- Policy and Regulatory Interpretation skill.
How to Apply :
Qualified candidates MUST send their CV & Cover Letter attached with all academic certificates.
All applications MUST be sent electronically through:
Email: [email protected]
Email subject: Chief Finance Officer : MAY, 2024
Deadline: 5th May 2024
Kindly note that, only shortlisted candidates will be contacted!