Website NMB Bank Plc
NMB Bank Plc
Finance Analyst – Fixed Term (3 Years)
Positions Available: 1 Location: Head Office Opening Date: February 18, 2026 Closing Date: February 27, 2026
Job Purpose
The Finance Analyst is responsible for the effective financial management and grants administration of the NMB Foundation — the not-for-profit Corporate Social Investment arm of NMB Bank. This role ensures the integrity of financial operations, strict compliance with donor and statutory regulations, and provides critical financial oversight for projects. The officer will implement robust financial systems, manage budgets, and provide accurate reporting to support the Foundation’s strategic goals.
Main Responsibilities
1. Financial Planning & Budgeting
- Develop, implement, and monitor annual organizational and project-specific budgets in alignment with strategic objectives.
- Collaborate with program teams to prepare accurate and compelling budgets for new proposals and funding applications.
- Conduct regular budget-versus-actual analysis, providing timely variance reports and actionable recommendations to management.
- Provide technical financial guidance to project teams to enhance their budget management capacity and promote cost-effectiveness.
2. Financial Reporting & Accounting Operations
- Prepare timely and accurate monthly, quarterly, and annual financial reports for management, the Board, and external stakeholders in accordance with International Financial Reporting Standards (IFRS).
- Manage day-to-day accounting operations, including payments, payroll, bank reconciliations, and maintaining the general ledger.
- Ensure all financial reporting complies with NMB Bank policies, Tanzanian statutory requirements, and specific donor conditions.
3. Compliance & Risk Management
- Ensure all financial activities adhere to the Foundation’s policies, procedures, and internal controls.
- Identify, assess, and mitigate financial risks across the organization’s operations.
- Implement and monitor internal control systems to safeguard assets and prevent fraud or misappropriation of funds.
4. Grants Management
- Oversee the full cycle of grants management, from disbursement to final reporting, ensuring funds are utilized for their intended purposes.
- Conduct pre-grant financial assessments and due diligence on potential partner organizations.
- Liaise with grant partners, reviewing their financial reports and providing guidance to ensure compliance with grant agreements.
5. Audit Facilitation
- Act as the primary point of contact for all internal and external audits, ensuring a smooth and efficient process.
- Prepare all necessary audit schedules and documentation.
- Support the implementation of audit recommendations and the development of corrective action plans.
Knowledge & Skills
- Expert knowledge of financial regulations, accounting principles (IFRS), and Tanzanian tax laws, as mandated by professional accounting bodies.
- Comprehensive understanding of grant management cycles and donor compliance requirements.
- Proven familiarity with financial controls and audit processes within a non-profit or corporate foundation context.
- Technical Skills — Advanced proficiency in accounting software (e.g., SAGE, QuickBooks) and MS Excel for complex financial analysis and modeling.
- Analytical Skills — Excellent numerical and analytical skills with a proven ability to ensure accuracy and compliance in financial reporting.
- Communication Skills — Strong verbal and written communication skills in both English and Kiswahili, with the ability to present financial information clearly to non-financial staff.
- Organizational Skills — Superior organizational and time-management skills, with the ability to prioritize tasks and meet strict deadlines.
- High level of integrity, ethical standards, confidentiality, and a strong sense of accountability, consistent with professional accounting codes of conduct.
Qualifications & Experience
- Bachelor’s degree in Finance, Accounting, Commerce, Business Administration, or a related field.
- Professional qualification (CPA/ACCA or equivalent) will be an added advantage.
- Minimum of 2 years’ experience in financial management, accounting, or auditing.
- Proven experience working within an NGO, Foundation, or Corporate Social Responsibility (CSR) environment will be an added advantage.
Equal Opportunity Statement
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender-balanced workforce. Female candidates and people living with disabilities are strongly encouraged to apply.
⚠️ Important Notice: NMB Bank Plc does not charge any fee in connection with the application or recruitment process. If you receive a solicitation for payment, please disregard it. Only shortlisted candidates will be contacted
How to Apply:
To submit your application, please follow the link provided below.
To apply for this job please visit careers.nmbbank.co.tz.
