Chief Financial Officer

at Bank of Maldives
Location Dar es Salaam, Tanzania, United Republic of
Date Posted May 10, 2024
Category Accounting
Audit
Banking
Finance
Job Type Full-time
Currency TZS

Description


Chief Financial Officer

BANK OF MALDIVES PLC.

REPUBLIC OF MALDIVES

Bank of Maldives is the leading financial institution in Maldives. We are a full-service bank engaging across the complete spectrum of personal, business, and corporate financial services. We are privileged to touch the lives of almost every citizen and business in Maldives through our extensive network of branches, agents, relationship managers and online banking facilities.

Bank of Maldives is seeking a highly skilled and experienced Chief Financial Officer (CFO) who will be responsible for the fiscal health of the organization and who possesses strong financial acumen, strategic thinking, and exceptional leadership skills. The successful candidate will work closely with the CEO and executive management and play a key role in shaping the future of the organization and driving sustainable growth.

As The CFO You Will

 

  • Develop and implement the Bank’s financial strategy as part of the overall business strategy and ensure the finance function works in partnership with the business to deliver key strategic objectives.
  • Be responsible for the overall direction, control and planning for the finance, accounting, tax, audit, budget, and treasury functions.
  • Manage the overall financial planning of the organization with direct responsibility for accounting practices, the maintenance of fiscal records and the preparation of financial reports.
  • Implement and maintain the best international standards of asset, liability, capital, and liquidity management.
  • Strive to achieve a high level of efficiency in all areas of operation and maintain an environment of strict cost control which will provide the basis for funding a product range which meets the financial needs and aspirations of customers.
  • Provide budgeting guidance to business leaders and ensure the budgeting process meets the overall business plan and strategy.
  • Recommend appropriate policies and procedures for internal controls.
  • Present financial and other reports to the Board of Directors.

To be successful in this role you will ideally have:

 

  • A minimum of 10 years of senior finance experience, preferably as a CFO or Financial Controller in financial services
  • Proven asset, liability, capital, liquidity, and risk management experience in a financial services environment
  • A detailed knowledge of IFRS 9, IAS 39, Basel requirements and methodologies
  • Excellent planning, analytical and strategic thinking skills
  • A passion for excellent financial performance, teamwork, and service
  • Master’s Degree in Accounting, Finance or equivalent qualification
  • Professional certification such as ACCA, CIMA or CPA

Remuneration

An attractive executive remuneration package and benefits package will be provided. This will be negotiable based on experience and personal circumstances.

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