Assistant Manager - Financial Reporting, Regulatory Reporting and Compliance.

Job Purpose

To ensure accurate financial reporting and full compliance with regulatory, statutory, and internal requirements. The role oversees correct accounting treatment of non-customer transactions, maintains the integrity of the General Ledger, and manages daily unit operations through supervision and guidance of team members.

Key Responsibilities

• Support the Head of Department in managing accounting procedures, chart of accounts, budgeting, and financial forecasting.
• Prepare, review, and submit regulatory reports to the Bank of Tanzania (daily, weekly, bi-weekly, monthly, and quarterly).
• Review quarterly unaudited financial statements and prepare annual financial statements.
• Monitor compliance with regulatory requirements, liquidity, capital adequacy, and financial covenants.
• Prepare and review Board and Board Committee packs.
• Supervise fixed asset accounting, reconciliations, and annual physical verification.
• Perform financial analysis, ratio analysis, and financial modelling.
• Resolve accounting issues related to loans, provisions, interest, and fees in collaboration with relevant departments.
• Ensure compliance with tax laws and reconcile tax payments with financial records.
• Support internal, external, and regulatory audits and address audit and tax queries.
• Promote automation and continuous improvement in reporting processes.
• Supervise team performance and ensure timely, accurate reporting.
• Perform other duties as assigned.

Risk & Regulatory Compliance

• Maintain and enhance risk management procedures, tools, and reporting.
• Ensure compliance with liquidity, capital, and risk management requirements.
• Drive remediation of audit and risk review findings.
• Promote a strong risk management culture.

Education Qualifications

• Bachelor’s degree in accounting, Finance, or Business Administration.
• Professional qualification: CPA (T), ACCA, or equivalent.
• Master’s degree in finance, Accounting, or Business Administration is an added advantage.

Work Experience

• Minimum of 5 years’ experience in a management-level finance, accounting, or regulatory reporting role.
• Proven experience in regulatory reporting and compliance within a banking or financial services environment.
• Experience supervising teams and managing day-to-day finance operations.

ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.