NMB Bank has a job opening.
Job Opening for a Manager with Statutory Reporting at NMB Bank PLC (1 Position(s))
Workplace: Head Office
Job Purpose: The job holder will oversee regulatory reporting and ensure that financial reporting requirements and Bank of Tanzania regulatory standards are met.
Significant Duties:
- lead, examine, and evaluate regulatory reports on bank filings and published financial statements.
- Keep up with changes in the accounting, regulatory, and business worlds. To ensure correct regulatory reporting submissions, apply a comprehensive understanding of accounting and finance ideas and principles.
- Examine updated IFRS and new regulatory reporting requirements to see how they may affect the regulatory report submissions. Keep an eye on changes to the Bank of Tanzania Reporting Regulations to ensure that they are being followed and that reporting requirements are being met.
- To maintain a high level of quality and accuracy in the report filings, collaborate and partner with multiple departments across the bank, including Treasury, Credit, Operations, Risk, Finance Business Partners, Risk and Compliance, Accounting Policy, and Financial Analysis. Maintain productive working connections.
- drive efforts to tighten controls through process efficiency and ongoing improvement.
- Take part in data quality improvement initiatives to bolster security measures and boost report accuracy.
- lead or take part in internal and external audits, as well as regulatory examinations. Keep in touch with regulators, internal auditors, and outside auditors in a productive and professional manner.
- Find ways to automate all regulatory returns and keep our reporting system current with business expansion.
- Support the adoption of system improvements needed to meet BAU changes in regulatory reporting requirements.
- Inform your line manager immediately if there are any concerns that violate policies or that could result in operational risks.
- As required, take the lead or participate in other unique projects and ad-hoc requests.
Information and abilities:
- Recognizing the need for regulatory reporting
- comprehension of financial reporting standards for businesses
- driven and self-motivated to work both alone and together to produce work of the highest caliber.
- flexibility and the capacity to manage many tasks during stressful times and react appropriately.
- strong technical, organizational, analytical, and attention to detail skills.
- Outstanding coaching, presentation, and interpersonal skills. working well with management at many levels
- Ability to establish efficient and fruitful working relationships with a variety of groups throughout the bank as well as with regulators and external auditors.
- Technology savvy; Microsoft Office proficiency (Excel, Word, PowerPoint, Access Manager); Job Opening at NMB Bank PLC for Statutory Reporting
Competencies and Experience:
- a bachelor's degree in accounting or finance, or its equivalent.
- preferred: CPA or MBA holder
- Regulatory and financial reporting and analysis exposure and at least five years of expertise in accounting and financial analysis/reporting. a minimum of three years of managerial experience In addition to being committed to fostering diversity, NMB Bank Plc is delighted to be an equal opportunity employer.
Job opening date: September 14, 2022
Job closure date: September 28, 2022
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