Manager; Finance Reconciliation (1 Position(s))
\nJob Location :
\nHead Office
\nJob Purpose:
\nManage reconciliation activities for general ledgers by ensuring comprehensive reviews of customer assets\/liabilities and treasury are conducted to guarantee accuracy and compliance with internal policies and external regulations. Continuously improve reconciliation processes, minimize discrepancies, and maintain financial integrity through timely and precise reporting.
\nMain Responsibilities:<\/p>\n
Oversee the reconciliation framework and control environment for product general ledger to ensure it remains robust, thereby upholding financial integrity and enabling precise financial reporting.
\nConduct a monthly review of the product general ledgers which includes review on customer assets\/liabilities and treasury product accounts to ensure no variation on the Trial Balance ledger balances against customer listings (total of subledger balances)
\nConduct a monthly review of non-accrued interest from loans and overdraft and track the trends to identify anomalies resulting from various loan activities, including customer account upgrades and downgrades.
\nPerform monthly reconciliation of Expected Credit Loss (ECL) impairment provisions recorded in the general ledger against movements reported by the ECL module for both Balance Sheet and Profit or Loss accounts, ensuring complete alignment and zero discrepancies.
\nPerform analytical and trend reviews for deferred income from loans, ensuring that movements in the Profit and Loss account align accurately with the Balance Sheet and are correctly reported.
\nIn collaboration with Credit MI, ICT and Business Relationship Manager, ensure all significant reconciliation matters are proactively raised, reported and a clear resolution plan is in place.
\nConduct monthly reviews of customer deposits\/liabilities and accrued interest and monitor unclaimed deposits to ensure that all balances accurately reflect the customer listings.
\nClose monitoring of product general ledger to ensure that the account is restricted for manual posting and report immediately the anomaly noted are resolved timely.
\nParticipate in product development initiatives by providing expert advisory on finance reconciliation requirements, ensuring that proper controls and reporting mechanisms are in place before product launch
\nCollaborate with Business Finance & Analytics to perform revenue assurance sanity checks, preventing revenue leakages and safeguarding the Bank\u2019s profitability.<\/p>\n
Knowledge and Skills:<\/p>\n
Understanding of banking business, Branch operations, and Bank risks and controls.
\nStrong Leadership skills
\nExcellent Communication Skills
\nManaging Performance and Resources
\nAnalytical skills
\nTechnological Awareness<\/p>\n
Qualifications and Experience:<\/p>\n
Bachelor\u2019s degree in Accounting, Business Administration, Economics, Finance, or related fields.
\nAccounting Professional Qualifications (CPA or ACCA) is a must.
\nMaster\u2019s degree in business studies or Postgraduate education in Banking and\/or Banking certification(s) is an added advantage
\nAt least 4 years\u2019 experience in Finance Operations.
\nExperience in Business Finance, Analytics and Regulatory Reporting is an added advantage.NMB 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 :\u00a002-Mar-2026
\nSharing 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-3322","1":"job_listing","2":"type-job_listing","3":"status-publish","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\/3322","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=3322"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job_listing_region?post=3322"},{"taxonomy":"job_listing_category","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-categories?post=3322"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-types?post=3322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}