Job Opportunities at Bank of Africa Tanzania

Bank of Africa Tanzania Bank of Africa Group, also known as Bank of Africa, is a multinational pan-African banking conglomerate with banking operations in eighteen African countries, and a representative office in Paris, France. Bank of Africa maintains its headquarters in Bamako, the capital of Mali.

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JOB TITTLE: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.

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.

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

Job Tittle: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

How to apply

All applications and copies of certificates should be submitted to Human Resources department by end of 08^th 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: [email protected]