Nafasi ya kazi :- Senior Manager Finance & Control at NMB Bank June, 2024


Senior Manager Finance & Control (1 Position(s))

Job Location :

Head Office

Job Purpose:

Responsible for accurate recording and reporting of financial transactions, Cost analysis, budgeting, budgetary control and efficiency and effectiveness in payment process.

Main Responsibilities:

  • Manage accounting operations including general management, accounts payable, accounts receivable, Cost analysis and month/year end process.
  • Control financial resources to ensure all financial transactions, systems and procedures comply with local and international regulations, accounting principles, and standards.
  • Manage a system of accounts in order to ensure accurate recording and reporting of financial transactions.
  • Financial forecasting and stakeholder engagement to ensure accurate and timely delivery of Head Office budget.
  • Budgetary monitoring and control to ensure Head Office expenditures are within the approved budget.
  • Manage payment systems for goods and services in order to ensure timely payment of Head Office related vendors’ invoices and staff claims.
  • Timely resolution of queries and complaints from Head Office as per the agreed Turnaround Time including GL access and requests for refunds/reversals.
  • Closely follow up on receivables accounts (Intercompany, government and others) to clear outstanding items on time to avoid provision for loss.
  • Review and recommend changes on financial processes and accounting policies to enhance internal controls in Finance. This includes proper management of Finance Risk register to ensure efficiency and effectiveness in internal controls.
  • Ensure staff understand the context of their role in relation to the department and NMB’s strategy.
  • Manage the performance of staff including objective setting, reviewing, and appraising performance.
  • Assess and monitor training and development needs of the staff.
  • Ensure staff have the resources they require to perform their work.
  • Provide expertise and advice to management on financial related matters and impact of local and international financial reporting standards.
  • Manage relationships with internal and external stakeholders to ensure satisfactory delivery of standard services.
  • Perform any other duties related to Financial Control as may be assigned from time to time by the bank’s management.

Knowledge and Skills:

  • Understanding of financial control and management and the application of the bank’s products, policies, and procedures.
  • Technical – Financial Control and management, computer applications (Word, Excel, Access, and ERP systems)
  • Behavioural – Building a Successful Team, Communication, Delegation, Formal Presentation, Managing Work, Work Standards.

Qualifications and Experience:

  • Bachelor’s degree in Accounting, Auditing, Banking, Business administration/management, Economics, Finance or related fields of study.
  • Professional qualification in accounting (CPA/ACCA)
  • A minimum of 8 years’ experience in Financial Control and Reporting with at least 5 years in a managerial role.NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving 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.

Job opening date :20-Jun-2024

Job closing date :04-Jul-2024