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| Bank of Africa (BOA) Tanzania |
Jobs in Tanzania: New Job Vacancies at Bank of Africa (BOA) Limited, 2021
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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.
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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.
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NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2021 (1,319 POSTS)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
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.
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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
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CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!Method of Application
All applications and copies of certificates should be submitted to Human Resources department by end of 08th 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.
NOTE: We shall communicate to only shortlisted candidates who meet all the requirements above.
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