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| CRDB Bank Plc |
Jobs in Tanzania 2023: New Job Opportunities at CRDB Bank Plc, 2023
CRDB Bank Plc Jobs, 2023
Background
CRDB Bank Plc is an African bank and a
leading Financial Services Provider in Tanzania with current presence in
Tanzania and Burundi, East Africa. The Bank was established in 1996 and
was listed on The Dar Es Salaam Stock exchange (DSE) in June 2009.
Over the years, CRDB Bank has grown to become the most innovative and preferred financial services partner in the region. Supported by a robust portfolio and uniquely tailored products, CRDB Bank remains the most responsive bank in the region.
Over the years, CRDB Bank has grown to become the most innovative and preferred financial services partner in the region. Supported by a robust portfolio and uniquely tailored products, CRDB Bank remains the most responsive bank in the region.
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CRDB JOB OPPORTUNITIES JUNE, 2023
We are a collection of individuals who believe in excellence. We are always on the look out for fresh talent and we hiring people who have the drive to succeed and the will to implement the discipline required to succeed. We focus on nurturing our team and providing our team with an environment that is conductive to creative thought.
We are a collection of individuals who believe in excellence. We are always on the look out for fresh talent and we hiring people who have the drive to succeed and the will to implement the discipline required to succeed. We focus on nurturing our team and providing our team with an environment that is conductive to creative thought.
Career Opportunities: Finance & Accounting Officer (2327)
Requisition ID 2327
Job Description
Job Reporting To: Manager Finance and Administration
Location : CRDB Insurance company
Job Purpose
The purpose of the job is to be responsible for making critical financial decisions by collecting, tracking, and correcting the company's finances. Responsible for financial audits, reconciling bank statements, and ensuring financial records are accurate throughout the year. Ensure that there is proper control over collections and all risk management actions are implemented.
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Responsibilities
Other responsibilities:
Transaction posting
Education Experience, Knowledge, and Skills Required
Requisition ID 2327
Job Description
Job Reporting To: Manager Finance and Administration
Location : CRDB Insurance company
Job Purpose
The purpose of the job is to be responsible for making critical financial decisions by collecting, tracking, and correcting the company's finances. Responsible for financial audits, reconciling bank statements, and ensuring financial records are accurate throughout the year. Ensure that there is proper control over collections and all risk management actions are implemented.
Recommended:
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!
Responsibilities
- Preparing reports, budgets, commentaries, and financial statements
- Controlling and forecasting income and expenditure
- Financial analysis
- Maintains historical records by filing documents.
- Answer queries and solve disputed matters on time and professionally.
- A good rapport must be developed and maintained with all other CIC staff.
Other responsibilities:
- Ensure Sound internal control system by: GWP analysis, class wise & source wise month on month
- Updating the investment register, calculating the accrual investment income and preparation of journals for posting
- Reinsurance accounting and record keeping
- Preparation of weekly payments projections for the company (Staff salaries, claim payments and other creditors)
- Preparation of report of premium booked, premium receipted and premium banked daily.
- Timely allocation of premium receipts and other credits
- Reconciliation of Debtors’ accounts every 25th day of the month
- Confirm payment of premium paid before claim payment.
- Reconciliation of facultative business with other Insurance companies.
- Monthly compilation of facultative recoveries report on the 3rd day of the following month and follow-up.
- Banking cheques collected and keeping an updated file of premiums collected and banking slips.
- Provide a weekly report of receipts and banking.
- All other duties as assigned by the supervisor.
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Transaction posting
- Amortization of prepaid expenses
- Reconciliation of prepayment Account
- Prepare & verify commission statements before payment.
- Update intermediary commissions schedule for payment.
- Quarterly Corporate tax Estimates - Preparation, Revision, Filling & payment
- Process assessment of stamp duty from TRA, follow up & Remittance.
- Follow up on payment of City service levy, premium levy, and Stamp Duty
- Quarterly reconciliation of the premium levy and city service levy account.
- Reconciliation of the tax account
- Preparing VAT returns for the company by the 10th of the following month
- Ensuring that bank reconciliations are done monthly and signed off by Finance Manager.
- Following up with any reconciling items until the conclusion
- Ensure proper and "easy to refer" way of filing system for all transaction supporting documents.
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NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2023 (1,475 POSTS)Education Experience, Knowledge, and Skills Required
- BSc in Accounting and Finance from a recognized institution of higher learning.
- Additional certification (CPA or CMA) is a plus.
- At least 3 years of work experience as an Accountant in the insurance company
- Excellent knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP)
- Hands-on experience with accounting software like Fresh Books and QuickBooks
- Advanced MS Excel skills including VLOOKUPs and pivot tables
- Experience with general ledger functions
- Strong attention to detail and good analytical skills
- Experience with general ledger functions
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