Chief Finance Officer Vacancy at United Bank for Africa (UBA)

  • Full Time
  • "Tanzania"
  • Applications have closed

Website TalantaLink United Bank for Africa (UBA)

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Job Description

United Bank for Africa (UBA)

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.

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How to Apply:

Qualified candidates MUST send their CV & Cover Letter attached with all academic certificates.

All applications MUST be sent electronically through:

Email: recruitment.tanzania@ubagroup.com

Email subject: Chief Finance Officer: MAY, 2024

Deadline: 5th May 2024

Kindly note that, only shortlisted candidates will be contacted!

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