Website NMB Bank Plc
NMB Bank Plc
Specialist; Asset Control and Stores – NMB Bank Plc
Employer: NMB Bank Plc
Position: Specialist; Asset Control and Stores
Number of Positions: 1
Job Location: Head Office (HQ)
Employment Type: Full-time
Job Purpose
The Specialist; Asset Control and Stores will be responsible for managing the Bank’s fixed asset lifecycle, ensuring assets are properly acquired, registered, tagged, tracked, verified, maintained, transferred, and disposed of in accordance with Bank policies, accounting standards, and regulatory requirements.
The role will also ensure that the Fixed Asset Register (FAR) remains accurate, complete, and up to date.
Key Responsibilities
- Manage the complete fixed asset lifecycle, from acquisition and registration to tagging, tracking, maintenance, transfer, verification, and disposal.
- Maintain an accurate and up-to-date Fixed Asset Register (FAR), including asset classification, location, custodian, cost centre, warranty information, and asset status.
- Coordinate asset identification and tagging programmes using appropriate technologies.
- Plan and coordinate periodic and risk-based physical asset verification exercises.
- Investigate and resolve discrepancies identified during asset verification and reconciliation.
- Monitor and control asset movements, including transfers, relocations, assignments, and disposals.
- Ensure asset movements are properly authorized, documented, and recorded in the ERP system.
- Monitor asset condition, age, utilization, maintenance costs, and warranty status.
- Recommend asset repair, replacement, refurbishment, redeployment, or disposal based on lifecycle analysis.
- Ensure compliance with fixed asset policies, regulatory requirements, internal controls, and audit recommendations.
- Support continuous improvement of the ERP Fixed Asset Module.
- Develop and maintain asset management policies, procedures, and SOPs.
- Improve asset data quality and support process automation.
- Prepare asset management reports covering asset ageing, warranty status, maintenance trends, utilization, disposal recommendations, and replacement forecasts.
- Work closely with Procurement, ICT, Facilities Management, Branches, Internal Audit, and other stakeholders.
- Identify opportunities to improve asset utilization, operational efficiency, and asset governance.
Required Knowledge & Skills
Candidates should have knowledge and skills in:
- Fixed Asset Lifecycle Management.
- Inventory management and asset governance.
- ERP Fixed Asset Management systems, such as Microsoft Dynamics 365 Finance & Operations.
- Asset tagging technologies, including barcode and RFID systems.
- Physical asset verification, reconciliation, and audit support.
- Data management, reporting, analysis, and problem-solving.
- Risk management and internal controls.
- Regulatory compliance.
- Stakeholder management and communication.
- Planning and organizational skills.
Qualifications & Experience
- Bachelor’s Degree in:
- Procurement & Supply Chain Management
- Logistics
- Accounting
- Finance
- Engineering
- Business Administration
- or another related discipline.
- Must be approved/registered by PSPTB.
- Banking certification is an added advantage.
- Minimum 3 years of experience in fixed asset management, inventory management, and/or finance operations.
Important Information
Job Opening Date: 3 September 2026
Application Deadline: 11 September 2026
Job Type: Full-time
Location: Head Office, HQ
Equal Opportunity
NMB Bank Plc is an Equal Opportunity Employer committed to creating a diverse and gender-balanced workforce. Female candidates and people living with disabilities are strongly encouraged to apply.
Application Notice
NMB Bank Plc does not charge any fee during the application or recruitment process. Applicants should disregard any solicitation for payment of fees.
Only shortlisted candidates will be contacted.
How to Apply
Deadline: 11 September 2026.
To apply for this job please visit careers.nmbbank.co.tz.
