DCB Commercial Bank Plc is a private Commercial Bank dedicated at uplifting the standard of living of low, middle and corporate – income people in Tanzania. The bank is registered under the Companies Act, 2002 as amended from time to time} and licensed by the Bank of Tanzania under the Banking and Financial Institutions Act, 2006.

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

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

• 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

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

7th November 2017. Only short listed candidates will be contacted.

SOURCE: Daily News 1/11/2017