Senior Manager, Financial Accounting

at ACB Bank
Location Dar es Salaam, Tanzania, United Republic of
Date Posted November 27, 2023
Category Accounting
Finance
Management
Job Type Full-time
Currency TZS

Description

Job Description

SENIOR MANAGER, FINANCIAL ACCOUNTING

The bank is looking for a seasoned Finance professional to join and Finance team and lead the financial accounting unit.

The position is responsible for developing systems, process and procedures for preparing, analysing and verifying financial reporting/submissions in line with reporting standards, regulatory requirements and Bank’s policies:

THE ROLE

  • Manage the Monthly/Quarterly/Annual financial reporting and submission as per prescribed timelines.
  • Ensuring proper controls on financial reporting in compliance with IFRS, Companies Act,
    Taxation Act and the Bank’s policies and procedures.
  • Manage the audit process, review the submissions for external audits and closure of audit queries.
  • Ensure Bank reputation with external stakeholders such as regulators, auditors and tax
    is protected.
  • Ensure proper accounting for all taxes and prepare regular updates to management and
    the Board.
  • Continually monitor developments in the Bank of Tanzania Reporting Regulations and
    ensure implementation and meeting the reporting requirements.
  • Maintain effective working relationships with various areas across the bank including Treasury, Credit, Commerce, Operations, Riskand Compliance to maintain high level of quality and accuracy of the report filings.
  • Lead/participate in Regulatory examinations, internal and external audits.
  • Identify opportunities for automation of all regulatory returns and keep reporting system up to date with business development.
  • Support the implementation of system changes to comply with regulatory reporting requirements.
  • Keep abreast of industry, regulatory, and accounting developments.

 

THE CANDIDATE

  • Bachelor Degree in Accounting or Finance. Masters degree will be an added advantage.
  • Professional accounting qualification such as CPA (T) or ACCA is a mandatory requirement.
  • Seasoned Finance professional with 5+ years’ experience in a managerial position.
  • Understanding of regulatory reporting requirements for the banking industry.
  • Driven and self-motivated to work both independently and within a team. e Strong analytical, technical, organization skills and attention to detail.
  • Outstanding interpersonal, communication, presentation and coaching skills.
  • Ability to develop effective and productive working relationships with a wide range of groups across the bank as well as external auditors and regulators.

Applying Instructions

If you meet the above requirements and ready for great challenges mail:

Covering letter and Your Curriculum vitae

To: recruitment@acbtz.com

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