Job Summary

• A key and integral member of the CMC providing analysis, insight and advice by ensuring timely, accurate and relevant financial information to support business monitoring and decision making.
• Providing Management and Leadership to Finance team
• Development and implementation of appropriate business strategies in conjunction with the Business and other functions.
• Champion MTP and the Budgeting process.
• Champion Productivity and Cost management Programme within BBT
• Being an active member of ALCO and CMC, contribute to the identification, measurement and management of risk /return trade offs in order to maximize returns.
• Member of the Board
• Deliver Improved Risk Management control and compliance
• Support and monitoring of a high quality control environment
• Ensuring delivery of exceptional service to our customers Internal and external.
• Ensure the Bank and in particular Finance has great people doing a great job.
• Champion Absa involvement in society.
• Develop and implement step change improvement.
• As an executive, supporting the achievement of the Groups goals. (GRB)
• Manage Tax & Regulatory issues.

Main accountabilities and approximate time split

Business Management and Planning – 40%

• Achieve financial targets - income /cost / profits.
• Prepare contingency plans – identification, measurement and management of risks to budget / plans with the view to protecting performance targets.
• Monitor and direct the implementation of strategic Business Plans.
• Improve the cost management framework and disciplines to ensure sustainable cost savings and productivity improvements.
• As a key member of ALCO to regularly attend meetings and contribute to the identification, measurement and management of risk /return trade offs in order to maximize returns.
• Constantly review capital levels and initiate action to maintain capital at optimal levels.
• Support and constructively challenge the business functions to achieve their Budgets, by developing performance measures that support the Banks strategic direction.
• Prepare Present and Interpret Management Information and Financial reports to senior management.
• Improve management information.
• Improve communication within Finance and across functions.

Risk Management – 40%

• Managing financial risk – acquainting with and complying with all relevant Group Governance, including policies documented in the Absa Africa Governance Manual and in the Absa Finance Governance manual.
• Understand and mitigate Key elements of the Banks Financial Risk Profile
• Develop and Monitor Reliable Financial control systems.
• Report Risk issues to the Board Audit Committee.
•     Improve external compliance and maintain relations with the External Auditors, Tax Authorities and the Regulator to ensure the Bank complies with all regulatory requirements

Staff Management – 20%

• Provide Leadership , Training and Supervision within the Finance and Operational Risk Departments
• Identify, develop and position talent within the business to maximize value opportunities, improve mix of skills within the Finance and Operational risk functions.
• Help team members to identify strengths and weaknesses in their own skills and attributes, review their self development plans and ensure training and development needs are accommodated.
• Coach Team members on planning , performance management and Financial control
• Identify a successor.
• Assess performance against contract for direct reports and to review all other assessments of Finance staff

Technical skills / Competencies

Skills required to undertake the role:

• Strong Financial Management skills
• Excellent analytical and diagnostic skills
• Strong planning skills
• Excellent communication skills at all levels
• Excellent understanding of global and local economic trends
• Good knowledge of Tanzania’s fiscal, monetary and banking legislation.
• Strong Formal presentation skills.
• competitive activity

• Good understanding of global and domestic economic trends.
• Ability to work to tight deadlines without compromising accuracy

• Strong team player with good interpersonal, negotiation and influencing skills. Ability to influence senior management across the business.
• Experience in the financial services environment
• Good PC/systems skills.

Knowledge of the bank’s products, services, and policies required to undertake the role:

• Broad knowledge of the Bank’s financial, costing and management accounting processes.
• Excellent knowledge of the bank’s products and services.
• Excellent Knowledge of Bank’s balance sheet structure

Knowledge, Expertise, and Experience

Other requirements specific to the role:

• Experience of working in a financially focused role.
• Experience of providing financial support and advising and influencing business management.
• Excellent analytical skills to enable financial and operational analysis and interpretation.
• Able to assimilate, interpret and communicate complex financial analysis to non-financial people.

Training likely to assist effectiveness in the role, and which may have been completed prior to undertaking this role:

• Leadership and Team Management training.
• Product / Service knowledge
• Influencing and Negotiation Skills
• Presentation Skills

Education & Experience

• Bachelor’s Degree in business administration /Finance or other related field.
• A CPA Holder
• At least 10 years’ experience, 6 in a management role