Analyst; Card Finance
National Microfinance Bank(NMB)
Dar es Salaam, Tanzania
Full-Time
9th September 2022
Job Purpose:
Responsible for making sure all scheme's accounts are properly reconciled to avoid loss in revenue; including cost saving initiatives and analysis of customer behavior to maximize income while putting controls in place.
Main Responsibilities:
- Check accuracy of data input by branches for deposits on credit/prepaid cards accounts and make appropriate adjustments according to internal procedures and guidelines.
- Reconcile accounts on a timely basis to provide account balances to cards management, accountancy and audit.
- Reconcile the general ledgers to consolidate cards' revenues and expenses for profitability reporting and take corrective actions within reasonable time.
- Review all invoices raised by vendors/card schemes dealing with card business and initiate payments.
- Data analysis of networks fees, cards revenues and expenses.
- Analysis of customer behaviour to identify new sources of revenue.
- Ensure accuracy of card business dashboard for performance evaluations.
- Responsible for business case on new and revamped products in the cards industry.
- Monitor internal accounts to follow up targeted cards income and to identify abnormal losses and expenses.
- Guarantee compliance with networks operations rules and regulations to avoid any penalty charges.
- Prepare reports for NMB Management Team, BOT, QOC and QMR for Visa and MasterCard respectively and submit them on time as per guidelines provided by the bank and card schemes.
- Master the accounting entries and profitability of cards projects.
- Looking at profitability as per different business line and product.
- Provide support to the settlement and dispute teams.
Knowledge and Skills:
- Understanding of Banking operations and scheme card products.
- Strong Analytical skills
- Self-motivated and ability to work independently.
- Advanced user of PowerPoint, Excel programs and reconciliation tools.
Qualifications and Experience:
- Bachelor's degree or its equivalent in Business Administration, Banking, Accounting.
- CPA certification or its equivalent.
- A minimum of 3 years' banking experience preferred in card business.
NMB Bank Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer
