Finance Manager

Applications are invited from suitably qualified, experienced and competent individuals for the following positions at the Bank.

FINANCE MANAGER

Job Purpose:

Reporting to the Chief Finance Officer, the incumbent oversees end-to-end finance operations, financial planning and analysis, financial reporting, ad-hoc finance-related projects and requests, internal financial controls, as well as looking to make improvements to finance-related policies and procedures. The incumbent also manages all the external audit checks of the bank. The incumbent is the custodian of the general ledger and ensures the overall integrity and accuracy of the general ledger as a basis for the preparation of financial and management reporting.

Key Responsibilities include and are not limited to the following:

• Ensure Integrity and accuracy of the general ledger as a basis for the preparation of financal and management reporting.
• Ensure the provision of accurate information on revenues, costs, and investments.
• Manage the budgeting and forecasting process to reflect and support the bank’s strategy.
• Prepare and assess branch profitability performance reports.
• Ensure internal finance controls are sound and adequate.
• Lead and manage the bank’s regulatory reporting function.
• Monthly review of operational expenses (validation of capital and revenue expenditure)
• Ensure that all the bank expenses are paid on time.
• Authorization of transactions in the system (Flexcube, Precoro, Swift, ATS).
• Manage routine control checks, internal audits, and external audits and ensure that a clean and good rating is achieved.
• Ensure that regulatory and stakeholder queries are resolved on time-handling complex internal customer (staff) complaints escalated by branches timely (within 48 hours) or escalated within timelines
• Actively seek and implement ways to provide, support, and improve the exceptional “customer experience” philosophy.
• Ensure proper checking of payment documents, processing, and record-keeping of all payments.
• Ensure all payments (staff claims, payroll, customer LPOs, purchase orders, and invoices) are processed timely and thoroughly within the stipulated time.

Qualifications, Experience, and Skills/Competencies:

• Bachelor’s degree in finance, accountancy, business administration, or any other relevant field from a recognized and accredited university.
• Professional qualifications in accounting, e.g., ACCA or CIMA
• Minimum of 5 years’ experience in finance management or auditing at manager level in a financial services sector.
• Thorough knowledge of banking operations.
• Sound knowledge and practice of financial modeling.

Applications for the Position:

Applications with Curriculum Vitae (both cover letter and CV should be saved in one PDF file) should be emailed to:

recruitment@centenarybank.co.mw

Please indicate on the email subject line the position you are applying for.

The closing date for receipt of applications is Sunday, 22nd September 2024.

Only shortlisted applicants will be acknowledged.