Friday, 3 November 2017

Chief Manager Finance


Published by Jobstanzania on November 03, 2017

DCB Commercial Bank Plc invites applications from suitably qualified and skilled persons to fill the following available vacancy:

Job Position: Chief Manager Finance

A Chief Manager Finance is a reliable professional with broad knowledge to all accounting, financial and business principles. He/She will be responsible to Managing Director overseeing all financial aspects of business and drive the DCB's financial strategy and planning. He/ She will be responsible for assessing the financial performance of the company as well as possible risks and investments.

The goal is to guide the DCB towards profitability and long-term success

Duties and Responsibilities


  • Develop the financial planning by analyzing its performance, risks and prepare corporate plans.
  • Develop, review and oversee the implementation of financial policies, regulations, accounting procedures and financial controls.
  • Develop budgeting guidelines, coordinate and prepare the bank annual income and expenditure budgets and ensure that they are adhered to. 
  • Retain constant awareness of financial position and act to prevent problems
  • Set targets for and supervise all accounting and finance personnel (management accountants etc.)
  • Ensure timely preparation and submission of statutory returns including financial statements to the bank of Tanzania; Capital
  • Market Authority and Dar es Salaam Stock Exchange and respond or act on recommendations and queries.
  • Ensure that expenditure variations are done in accordance to the approved bank financial regulations and accounting procedures.
  • Ensure that all statutory and other requirements relating to staff remunerations and tax returns are adhered all the times.
  • Prepare timely and detailed reports on financial performance on a quarterly and annual basis
  • Conduct analysis to make forecasts, consolidated budget performance and other management financial operational reports to Senior Management
  • Keeping abreast of changes in financial regulations, legislation and ensure adherence to financial laws and guidelines.
  • Ensure that safety and security of bank financial assets are maintained at all times.
  • Coordinate responses to external auditor's observations and queries emanating from the Annual Financial Statements.

Qualification, Knowledge and Experience


  • Must possess at least Degree in Accountancy or Finance plus accounting professional qualifications (CPA-T, ACCA or equivalent) from recognized institutions. A Masters Degree will be an added advantage.
  • Must have a strong background in performance management as well as financial accounts principles, laws, and administrative experience of not less than three years at senior management position in a reputable organization.
  • Proven experience as Director/Head/ Chief Manager finance or similar role
  • Solid knowledge, of financial analysis and forecasting
  • An analytical mind with a strategic ability
  • Excellent organizational and leadership skills
  • Outstanding communication and interpersonal abilities
  • Good working knowledge of Microsoft Office Applications, specifically Excel, Word; and banking systems software;
  • Ability to work under pressure with strict deadlines and limited supervision

How To Apply:

Applications should be sent to the following address:

The Managing Director
DCB Commercial Bank PLC
DCB House
Magomeni Mwembeni
Morogoro Road
P.O.BOX 19798
DAR ES SALAAM

Deadline: 7th November 2017.

Only short listed candidates will be contacted.


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