Financial Controller job at I&M Bank Tanzania | Apply Now

Financial Management and Reporting

• Prepare and review monthly management reports, including branch performance and profitability analysis.

• Lead the budgeting and forecasting processes, ensuring accuracy and timely submission.

• Track and analyze key financial ratios (e.g., liquidity ratio, capital adequacy ratio, cost-to-income ratio).

• Prepare CEO’s quarterly summary for Board discussion.

• Monitor yield management and cost of funds, providing improvement suggestions.

• Guide financial decisions by establishing and enforcing policies and procedures.

• Coordinate and assist in both internal and external audits, including DFIs.

• Ensure timely and accurate preparation of financial statements and Board Packs.

Risk and Compliance

• Develop and maintain robust risk management procedures and reporting frameworks.

• Drive remediation of audit findings and promote a culture of risk awareness.

• Participate in ALCO and ensure compliance with liquidity and capital risk thresholds.

• Enforce tax compliance and implementation of consultant recommendations.

Regulatory and External Reporting

• Ensure compliance with regulatory and financial reporting obligations.

• Prepare and submit quarterly financial covenant ratios to DFIs.

• Oversee reporting in absence of the Manager – Financial Reporting & Compliance.

Administrative and Leadership Responsibilities

• Supervise daily reconciliations including NOSTRO and suspense accounts.

• Review and approve statutory and operational finance reports.

• Lead annual budget compilation and presentation.

• Support preparation of Board reports and strategic financial presentations.

• Perform any additional duties as assigned by the Head of Finance or CEO.