Head; Business Finance & Analytics (1 Position(s))<\/p>\n
Job Location :
\nHead Office<\/p>\n
Job Purpose:
\nResponsible for driving finance business performance and analytics for the bank. This entails understanding of the key drivers of balance sheet, income for all business units, financial reporting and insights to the executives, and revenue assurance for the bank to ensure monitoring of profitability of various products.<\/p>\n
Main Responsibilities:
\nPerformance Management & Business Partnership<\/p>\n
Provide leadership in the preparation of the annual budget and proactively monitor achievements of the key revenue and balance sheet targets.
\nPartner with business by providing an accurate and timely reflection of their performance, revenue, cost, and, ultimately, profitability on a timely basis.
\nProvide objective and analytical insight into business and product performance, highlighting areas of risk and opportunities for the business.
\nProvide business support in understanding and analyzing key drivers of the various cost lines vis a vis budgets.
\nProactively analyze risks and opportunities associated with the bank\u2019s financial performance.
\nCost & Investment management by developing strong understanding of the entire cost base, providing qualitative commentaries, anticipating any risks which impact forecasts and highlighting cost-saving opportunities.
\nCollaboratively work with the strategy team to ensure alignment of strategic agenda and financial impact.
\nCollect and analyze market data and competitive trends likely to affect the business budget and make recommendations to enhance product profitability.
\nProvide business and products support by actively participating in key strategic projects to build revenues, providing a financial perspective to systems and products design for new products and other initiatives\/contracts.
\nResponsible for maintenance of accurate financial models for all business segments, customer segments and products.
\nEnsure accurate and complete financial Management Information in collaboration with the ICT and other business teams.
\nReport business results monthly, with the production of management packs inclusive of quantitative reports and qualitative commentaries to the senior executives.
\nEnsure and achieve regulatory compliance with the accurate and on-time production and submission of BOT reports where necessary.
\nResolve problems with internal business customers such as incorrect data capture, rectifying inputs in the wrong place, and generally working with highly variable quality data.
\nFinancial Controls and Compliance
\nEnhance financial controls environment in terms of improvement in existing processes, infrastructure and capabilities.
\nEnsure adherence and support compliance to IAS, IFRS along with bank\u2019s accounting policies, and other regulatory accounting guidelines to ensure strong corporate governance.
\nEnsure new and existing product programs have clear accounting entries and guidelines.
\nWork on scenarios to produce reports that enable the quantification of impact of changes in economic variables (interest, exchange, inflation) on our performance
\nOperational Risk Management and Assurance Framework
\nImplement appropriate controls within the unit such that both internal policy and regulatory requirements are met.
\nRisk identification and assessment identify Key Risk Indicators (KRIs) audit points, operational losses and near misses, then assess the risk and ensure appropriate mitigating action is being implemented and monitor progress.
\nEffective management of operational risks within the business support & analytics unit including ensuring proper functioning of embedded and periodic controls.
\nTimely identification and escalation of risk issues within business support and analytics unit.
\nChallenge plans to commit costs, identify areas for cost efficiency and manage the delivery of benefits.
\nParticipate in FTP cost allocation and cost apportionment process and methodologies to ensure a fair distribution of economic benefits & costs across functions.<\/p>\n
Knowledge and Skills:<\/p>\n
Business understanding of banking processes and products, and ensuing information flows
\nExceptional leadership and people management skills with the ability to inspire and mobilize teams.
\nAdvanced analytical and problem-solving capabilities.
\nExcellent communication and presentation skills, with the ability to translate complex insights into actionable strategies.
\nHigh emotional intelligence and stakeholder management skills.<\/p>\n
Qualifications and Experience:<\/p>\n
Bachelor\u2019s degree in Accounting, Finance, Economics, Statistics, Actuarial Science, Mathematics or related fields.
\nAccounting Professional Qualifications (CPA or ACCA) is a must.
\nMaster\u2019s degree in business studies is an added advantage
\nAt least 7 years\u2019 experience in Business Finance and Analytics, Business or Strategic planning, or Financial Accounting, with leadership experience in medium to large organization.
\nNMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
\nFemale candidates and people living with disabilities are strongly encouraged to apply for this position.
\nNMB 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.
\nOnly shortlisted candidates will be contacted.<\/p>\n
Job opening date :\u00a011-Nov-2025
\nJob closing date :\u00a025-Nov-2025<\/p>\n
Sharing is Caring! Click on the Icons Below and Share<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"https:\/\/careers.nmbbank.co.tz\/nmb_career\/career.aspx","_company_name":"NMB Bank","_company_website":"","_company_tagline":"","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-categories":[],"job-types":[12],"class_list":{"0":"post-2699","1":"job_listing","2":"type-job_listing","3":"status-expired","4":"hentry","5":"job_listing_region-tanzania","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-listings\/2699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/media?parent=2699"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job_listing_region?post=2699"},{"taxonomy":"job_listing_category","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-categories?post=2699"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-types?post=2699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}