Finance Analyst - Fixed Term (1 Year)
NMB PLC
Tanzania
Full-Time
31st December 2024
Finance Analyst - Fixed Term (1 Year)
Job Location: Head Office
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:
- Manage financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards.
- Responsible for financial analysis and reporting, taxation, insurance, credit control, accounts payable and receivable, inventory and cost control, and budgeting and forecasting.
- Advise the 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 reviews of general ledgers.
- Review and monitor Cost center budgets 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 timely payment of invoices and staff claims as per the agreed Turnaround Time and ensure records are safely kept for easy reference and audit trail.
- Ensure timely resolution of queries and complaints as per the agreed Turnaround Time including GL access and requests for refunds/reversals.
- Close follow up with respective Cost centers to ensure outstanding entries in Back-office suspense Accounts (Debit) are cleared as per the agreed Turnaround Time.
- Be available for any other duties related to finance and control as may be assigned from time to time by his/her supervisor.
Knowledge and Skills:
- Understanding of financial control and management, and the application of Bank's products, policies, and procedures.
- Technical Financial management, Accounting management; Computer literacy (MS Excel, Power Point, ERP systems), best practices in internal controls.
- Behavioural Information Monitoring, Decision Making, Communication, Customer Focus, Facilitating Change, Managing Work.
Qualifications and Experience:
- Bachelor's degree in Business studies, preferably Accountancy and Finance or related fields.
- Professional qualification (CPA, ACCA) will be an added advantage.
- At least 3 years' experience in Financial Accounting
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.Female candidates and people living with disabilities are strongly encouraged to apply for this position.NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.Only shortlisted candidates will be contacted.
