Equity bank Tanzania limited he's a commercial bank licensed by the Bank of Tanzania. The bank’s purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. Equity Bank Tanzania easy subsidiary of Equity Group Holdings Plc, with banking subsidiaries in Kenya, Uganda, South Sudan, Rwanda and democratic republic of Congo(DRC). Currently, the bank is seeking additional talent to serve in the role outlined below

Head of Treasury

Reporting to the managing director, the role holder will be responsible for assessing, monitoring, planning and managing the efficient utilization of cash and financial services in a manner consistent with the objectives of the bank

Key Duties and Responsibilities

• Understand, manage and supervise all aspects of cash flow
• Forecast daily cash requirements and execute daily financing decisions
• Manage all aspects of in-house investment portfolios
• Direct, monitor and trade investment portfolios including working capital, high yield, Escrow, and other portfolios
• Manage long-term and short-term investment strategies
• Determine the company's goal and risk tolerance
• Determine the company's tax position and the ability of taxable/ non-taxable instruments
• Assess risk/return of tradeoffs as per bank's guidelines
• Assess performance benchmarks and recommend changes when warranted
• Review and recommend changes to the investment policies based on the market conditions
• Prepare or monitor company's various cash flows forecasts and perform financial modelling
• Evaluate, develop and implement cash management systems to optimise efficiencies
• Understand and manage appropriate accounting procedures and processes
• Manage relationships with financial services providers
• Monitor bank service fees and address quality issues
• Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines
• Recommend, implement and maintain process improvements
• Provide technical and other support for mergers and acquisitions, and other projects as needed
• Support and participate in Equity Bank’s strategic plan activities

Candidate’s Qualifications, Knowledge and experience

• Bachelor's degree in Accounting/Finance. MBA is an added advantage
• CTP designation strongly preferred
• Extensive experience in preparing cash forecast and cash flow analyses
• Experience in the preparation of financial schedules and SEC filings including some disclosures
• Experience in building complex financial models to evaluate various financial plans
• Experience in presenting and preparing proposals to recommend new product/services
• Experience in leading, coaching and developing staff

Required Skills, Knowledge & competencies

• Knowledge of investment portfolio strategies, banking, and financial instruments
• General knowledge of GAAP and SEC reporting requirements for investments and other financial instruments

The above position is a demanding role which the bank will provide a competitive package to the successful candidate. If you believe you can clearly demonstrate your ability is to meet their criteria given above, please submit your application letter together with a detailed curriculum vitae quoting the job in the subject to TZRecruitment@equitybank.co.tz by Saturday June 16th  2018

Only shortlisted candidates will be contacted

Equity Bank is an equal opportunity employer. We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace