Job, Senior Manager (Finance)
Bank of India is a leading Public sector Bank in India and completed 112 years in 2018. It has network of over 5200 Branches in India and 60 Overseas Branch/Offices across the globe in all important centres .Bank of India (Tanzania) Ltd, is a fully owned subsidiary of Bank of India, is now looking for experience, energetic and committed Tanzanian to fill up the following Positions at Bank of India (T) Ltd.
POST: SENIOR MANAGER (FINANCE)
Company: Bank of India
Location: Dar Es Salaam
Job type: Full-Time
Job category: Banking and Finance Jobs
QUALIFICATIONS AND EXPERIENCE
A minimum of a Bachelor’s Degree in Accountancy, or related field with Certified Public Accountant (CPA) or Chartered Certified Accountants (ACCA).
Must be Registered with National Board of Accountants and Auditors (NBAA).
Should have at least five years working experience of working in Finance Dept preferably in a Bank or Financial Institution.
Proven computer skills using spreadsheets and accounting software packages.
Good communication Skills, Written and Oral, Strong analytical skills and ability to influence and mobilize customers
Good knowledge and experience of accounting and banking practice, knowledge of taxation, IFRS and the regulatory frameworks within the region.
DUTIES/RESPONSIBILITY
- To Report to the Managing Director/General Manager
- Responsible for Planning & setting of Business Budgets of Bank.
- To submit All MIS to BOT, Parent Bank, MD, BOD and other statutory bodies.
- To prepare and be responsible for submission of various reports/Financial statements/Balance Sheet and Profit and Loss accounts as per the Regulations to various regulatory Authorities and to Managing Director .Internal & External Auditor, BOI- HO or any other agency.
- Publishing of periodical statements in the newspaper.
- Printing and updating of daily GLB/Multicurrency and consolidated report for both branches for submission of the same to Head Office and Branches.
- Remittance of TRA dues like Withholding Taxes, VAT, Excise duty, stamp duty and reconciliation of TRA Accounts and submission of the relevant returns to the authorities within the time frame.
- Deduction and Remittance of dues to NSSF/PSSSF and preparation and submission of NSSF/PSSSF returns on monthly basis.
- To ensure timely payment of Salaries for all staff, deduction of government taxes and statutory obligations like PAYE, SDL and submission of the relevant taxes to the authorities within the time framework.
- Keep the Managing Director well informed about all Financial and Accounting matters.
- To liaise/coordinating with Statutory Auditors, Tax auditors (Internal and External), BOT officials, tax consultancy and Government Authorities on the issue of regulatory matters.
- Canvassing business for the Bank.
- To perform Administrative and other duties as may be assigned from time to time.
Only Shortlisted candidates will be called for personal Interview/Discussion.
Please note importantly that; canvassing in any form will lead to disqualification/rejection.
Interested Candidates May Apply to:
The Managing Director
Bank of India (T) Ltd
Maktaba Street
P.O.Box 7581
Dar es Salaam
Email: Boi.Tanzania@bankofindia.co.in
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Job: MANAGER (TREASURY)
Bank
of India is a leading Public sector Bank in India and completed 112
years in 2018. It has network of over 5200 Branches in India and 60
Overseas Branch/Offices across the globe in all important centres .Bank
of India (Tanzania) Ltd, is a fully owned subsidiary of Bank of India,
is now looking for experience, energetic and committed Tanzanian to fill
up the following Positions at Bank of India (T) Ltd.
POST: MANAGER (TREASURY)
Only Shortlisted candidates will be called for personal Interview/Discussion.
Please note importantly that; canvassing in any form will lead to disqualification/rejection.
Interested Candidates May Apply to:
POST: MANAGER (TREASURY)
- Company: Bank of India
- Location: Dar Es Salaam
- Job type: Full-Time
- Job category: Banking and Finance Jobs
- A minimum of a Bachelor’s Degree in Accountancy, Banking, Finance, Treasury Management, International Trade, Forex Operations, Business Management etc.
- Should have at least three years working experience in Treasury Dept /Forex preferably in a Bank or Financial Institution.
- Good computer application skills.
- Good analytical skills or experience in preparation of various treasury reports for the Board and various Committees of the Board.
- Good communication Skills, Written and Oral, Strong analytical skills and ability to influence and mobilize customers.
- Good knowledge and experience of banking practice, knowledge of International trade regulations and statutory policies.
- Reporting to Head of Treasury/General Manager.
- Daily Forex dealing and updating of daily exchange rates in FINACLE, Treasury Bancs and our Website.
- Verification of All SWIFT outward/inward messages and its proper disposal to the relevant departments.
- Proper funding and optimum utilization of our various NOSTRO and BOT clearing accounts. Proper Management of cash at both the branches.
- Balancing and reconciliation of our all NOSTRO and BOT CLG account on daily basis.
- Investment in Treasury Bills & Bonds and Placements in Interbank Money Markets. Monitoring of its P & L accounts on regular basis.
- Daily monitoring our liquidity position and accordingly arrange lending/borrowing in the Interbank Money market, sending its confirmation and Fund transfer messages.
- Marketing of our various banking products and bringing New Customers to the bank.
- Daily and fortnightly reporting to the management, providing information to the Finance department for the reports related to the treasury department.
- Submission of data for the ALCO and Investment Committee meetings
- Any other supervisory work assigned by the management from time to time.
Only Shortlisted candidates will be called for personal Interview/Discussion.
Please note importantly that; canvassing in any form will lead to disqualification/rejection.
Interested Candidates May Apply to:
The Managing DirectorEmail: Boi.Tanzania@bankofindia.co.in
Bank of India (T) Ltd
Maktaba Street
P.O.Box 7581
Dar es Salaam
