Website United Bank for Africa (UBA)
UBA is Africa's best and most resilient banking group with operations in 20 African countries and offices in three global financial centers.
Chief Finance Officer Job Vacancy at United Bank for Africa (UBA)
Position: Chief Finance Officer
Location: Head Office
JOB OBJECTIVE(S)
To oversee all activities relating to financial management and financial
reporting in the subsidiary.
ROLE AND RESPONSIBILITIES
• Implement financial policies, processes and internal control to increase organizational financial effectiveness and control
• Effectively lead and oversee the finance function of the business.
• Head the improvement of the financial operations of the subsidiary.
• Responsible for organizational financial planning, budgeting, reporting and analysis.
• Liaise with the compliance department of the group to ensure that requisite targets are set and monitored.
• Development of short and long term strategic financial objectives that are in line with the group’s financial plan
• Ensure quality of subsidiary’s financial reports.
• Constant review of the expense, revenue and other components of the annual budget to determine the accurate financial position of the organization at all times and to recommend suitable actions.
• Provide executive management with advice on the financial implications of business activities.
• Maintain the accounting policies to support the banks’ operations
• Carry out all tasks as assigned by the Group Chief Financial Officer
KEY PERFORMANCE INDICATORS (KPIs)
• Prompt rendition of returns/reports
• Strict compliance with policies & procedures
• Financials – Achievement of PBT target
• Accuracy in preparation of financial statements
• Quality of reports
• Subsidiary fraud level
• Revenue assurance from Income leakages
JOB REQUIREMENTS EDUCATION REQUIREMENTS
• Minimum educational level — Tertiary qualification in Finance, Accounting or similar disciplines
• Advanced Education and/or Professional qualification – MBA, MSC, ACPA, CFP etc is required.
EXPERIENCES
• Minimum requisite experience – At least 8 years banking experience; 5 years in core Finance Department.
COMPETENCIES
Knowledge
• Advanced knowledge of Finance, Economics and Financial accounting and tax
• Financial Reporting, and analysis
• Business risk management
• Knowledge of Financial budgeting,
• Market awareness.
• Ability to analyze financial statements
• Comprehensive knowledge of regulatory pronouncements and subsidiary financial laws.
Skills/Competencies
• Written and oral communication skills
• Strong interpersonal skills, negotiation skills.
• Ability to prepare high quality reports.
•High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
·•Analytical and Investigation Skills; Auditing Skills
• Policy and Regulatory Interpretation skill.
How to Apply :
Qualified candidates MUST send their CV & Cover Letter attached with all academic certificates.
All applications MUST be sent electronically through:
Email: recruitment.tanzania@ubagroup.com
Email subject: Chief Finance Officer : MAY, 2024Deadline: 5th May 2024
Kindly note that, only shortlisted candidates will be contacted!
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