Chief Finance Officer (CFO)

roomDar es Salaam

business_centerFull Time

book Direct Reports

bookmark Director / CXO

directions_carDriving License Not Required

flagOnly Open to Tanzanian Nationals




  • Responsible for the Bank’s long-term financial performance and growth
  • Establish strategies that maximize shareholder returns, oversee accounting operations, and produce accurate reports on resource allocations within the business

  • Improve or change current practices to increase efficiency
  • A key and integral member of the Country Management Committee providing analysis, insight, and advice by ensuring timely, accurate, and relevant financial information to support business monitoring and decision-making

  • Overall responsibility for the Finance and Accounting functions – Regulatory, Management & Statutory Accounts 

  • The CFO will collaborate with the Board of Directors and the Country Executive Committee to steer financial performance, ensure compliance, and shape the strategic direction


  • Plan, implement, and manage the overall financial strategy of the bank
  • Constantly suggest ideas for improvement and process optimization to drive efficiency
  • Oversee and manage the company’s financial accounting and reporting system
  • Set targets for finance & accounting personnel and monitor their performance
  • Coordinate Training, Coaching, and Professional Development for the team
  • Design, Plan, Implement, and monitor internal control operations relevant to the finance and accounting function
  • Adhere to Accounting, Tax & Financial Regulations and Guidelines
  • Coordinate Compliance with Bank of Tanzania Reporting Regulations
  • Prepare periodic reports on product/customer segment performance, regulatory returns, and statutory accounts
  • Coordinate Statutory Audits
  • Abide by Internal Policies, Procedures, and Standards
  • Coordinate compliance with Tax Laws and Regulations
  • Manage external stakeholders including Primary and Secondary Regulators
  • Serve on the Board as an Executive Director of Finance
  • Exercise central responsibility for the bank's management information systems. Ensure full compliance with Laws, Regulations, Policies, Procedures, and standards
  • Drive the bank's financial performance as measured by Profitability and Shareholder Returns
  • Operate as an effective collaborator on the Country Executive Committee – contributing beyond the Finance function to the overall success of the bank.
  • Provide advice to the executive team on operating cost management, Project and investment Decisions, and pricing strategy for the bank’s products & services.
  • Leverages digital technology when leading the finance function
  • Develops frameworks and policies for all company financial investments.

Education and Qualifications

  • Professional Accounting Certification as recognized by NBAA
  • Experience in a risk function (Market Risk, Operational Risk) will be an added advantage


  • Senior Level Banking experience in Finance/ Accounting/Auditing function of not less than 10 years.


  • Entrepreneurial and commercial thinking
  • Relating and networking
  • Adapting and responding to change
  • Excellent diagnostic skills and rigorous approach to problem-solving
  • Excellent communication and sound financial skills
  • Excellent comprehension skills to understand and interpret industry data and economic trends
  • Strong formal presentation skills to gain acceptance of solutions, both internally and externally
  • Strong Leadership and team-working skills
  • In-depth knowledge of international financial reporting standard
  • Basic IT Knowledge

Reporting To

Managing Director 




Banking: 15 Years



Financing: 15 Years