JOB VACANCY AT NMB BANK - HEAD, FINANCE & REPORTING

Reporting Line:

Chief Financial Officer

Location:

Head Office

Application Deadline:

7th April 2021

Job Purpose: 

To ensure financial control, cost management, recording, and reporting of the bank’s financial position and safe custody of all funds and assets of the bank.

Main Responsibilities: 

Finance

• Manage the departmental budget to ensure that expenditure is in line with the plan.
• Manage and optimize the overall bank’s operating expenses.
• Manage and ensure timely and accurate reporting to the regulator.
• Manage negotiations with key suppliers and ensure that payments to suppliers are made in line with the contractual terms.
• Manage fixed assets of the bank.
• Develop the financial and operating expenses policies of the bank and update the same regularly. 

Risk

• Manage the requirements of internal and external auditors in order to ensure a full and rigorous audit of NMB accounts and take action to implement recommendations.
• Attend to BOT examiners in order to conduct effective examination of the bank.
• Liaise with tax consultants in order to ensure thorough corporate tax assessment. 
• Ensure remediation of control issues raised by the external auditors, internal auditors and regulators.
• Ensure that risk and control self-assessments are performed within the department in line with the relevant policies.

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