Finance Analyst

at National Merchant Bank (NMB)
Location Dodoma, Tanzania, United Republic of
Date Posted January 18, 2022
Category Accounting
Audit
Banking
Finance
Management
Job Type Full-time
Currency TZS

Description

Job Purpose:
  • Responsible for day to day financial activities of the organization.
  • Accurate recording and reporting of the Bank's transactions, proper budget control and monitoring and efficiency and effectiveness in processing payments.
Main Responsibilities:
  • Controlling financial resources and ensuring that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards.
  • Financial analysis and reporting, taxation, insurance, credit control, accounts payable and receivable, inventory and costs control, and budgeting and forecasting.
  • Advising management on financial matters and the impact of laws and regulations on the organization.
  • Work with senior finance analysts to develop budgets, understand financial reports, and manage day to day review of general ledgers.
  • Review and monitoring of the cost center budget and ensure monthly reports are shared with cost center owners and arrange meetings with Business/Cost Center owners to discuss variances noted in their reports and instill a cost conscious culture.
  • Ensure all tax returns, payments, and other required reports are submitted accurately and on time.
  • Ensure timely processing of payment to suppliers and staff per agreed Turnaround Time and ensure records are safely kept to allow auditing of payments.
  • Ensure all queries and complaints are timely attended as per the agreed Turnaround Time including attending to internal and external auditors.
Attributes:
  • Business understanding of financial accounting context and financial control.
  • Technical Financial management, Accounting management; computer literacy (MS Excel, Power Point, ERP systems), best practices in internal controls.
  • Behavioural Information Monitoring, Communication, Customer Focus, Facilitating Change, Managing Work.
Qualifications and Experience:
  • Bachelor's Degree or its equivalent in Business studies, preferably Accountancy.
  • Professional qualification (CPA, ACCA) will be an added advantage.
  • At least 3 years' experience in Financial and Management accounting
Experience :
3.0 Year(s)