Finance Director
Background
DCB Commercial Bank Plc is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME), as well as large corporate clients. DCB Bank has a wide branch network of over 9 branches, over 700 DCB Wakala Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.
DCB bank is looking for an experienced Finance Director, to join its senior management team. Reporting to the Managing Director, the Finance Director will be responsible for development and implementation of a financial strategic plan that will maximize income, while minimizing risks in order to achieve the strategic objectives of the bank.
Responsibilities:
- Advising senior management and the board on fiscal control and profitability; prepare, present and interpret financial reports to senior management and the Board; drive adherence to tax laws and regulatory compliance to properly reflect the financial position of the Bank.
- Working to protect the vital assets of the company, ensure compliance with financial regulations, close the books correctly, and communicate value and risk issues to investors and boards.
- Operating an efficient and effective finance organization providing a variety of services to the business such as financial planning and analysis, treasury, tax, and other finance operations.
- Strategic balance sheet and capital planning partly based on regular dialogue with government and institutions like pension funds.
- Taking a leading role in the scanning impacting the economic landscape of the Bank through ongoing conversations with the relevant players in the field including other leading financial and government institutions.
- Supporting the execution of Bank’s Strategy through overseeing managing the Finance, Business and Data Analytics functions.
- Developing and implement a financial plan for the bank and ensure it is aligned with strategy and approved by the Board.
- Ensuring execution of the financial plan is in accordance with financial management requirements including forecasts and reconciliations.
- Ensuring adherence to the regulatory requirements within the banking environment.
- Developing bank’s financial policies and procedures for recommendation to the Board.
- Working with other departments in the bank to ensure maximum investment returns are achieved with costs minimized, while managing investor relations.
- Collating, preparing and interpreting reports, budgets, accounts, commentaries and financial statements and reports.
- Ensuring the asset management policy and register are available, and up to date.
Qualifications and Experience
- University Degree in Finance, Business, Commerce, Accounting or related fields.
- Accounting certification i.e. CPA/ACCA/CIMA/ CFA/ ICMA.
- Minimum of 12 years’ experience, with 5 years in a management role in a financial institution.
- Financial and treasury management experience in Tanzania with exposure to international financial management systems.
If you believe you are the right candidate for this position, kindly submit your application with a detailed CV, photocopies of academic certificate, and names of three referees with their contacts, quoting reference number DCB/F/DF-03/2025 on the subject of the email. To be considered, your application MUST be submitted through recruitment@dcb.co.tz not later than 10th April 2025. Hard copy applications will not be accepted. DCB strongly encourages competent women to apply.
