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| CRDB Bank Plc |
Jobs in Tanzania 2023: New Job Opportunities at CRDB Bank Plc, 2023
CRDB Bank Plc Jobs, 2023
Background
CRDB Bank Plc is an African bank and a
leading Financial Services Provider in Tanzania with current presence in
Tanzania and Burundi, East Africa. The Bank was established in 1996 and
was listed on The Dar Es Salaam Stock exchange (DSE) in June 2009.
Over the years, CRDB Bank has grown to become the most innovative and preferred financial services partner in the region. Supported by a robust portfolio and uniquely tailored products, CRDB Bank remains the most responsive bank in the region.
Over the years, CRDB Bank has grown to become the most innovative and preferred financial services partner in the region. Supported by a robust portfolio and uniquely tailored products, CRDB Bank remains the most responsive bank in the region.
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CRDB JOB OPPORTUNITIES JANUARY, 2023
We are a collection of individuals who believe in excellence. We are always on the look out for fresh talent and we hiring people who have the drive to succeed and the will to implement the discipline required to succeed. We focus on nurturing our team and providing our team with an environment that is conductive to creative thought.
We are a collection of individuals who believe in excellence. We are always on the look out for fresh talent and we hiring people who have the drive to succeed and the will to implement the discipline required to succeed. We focus on nurturing our team and providing our team with an environment that is conductive to creative thought.
Career Opportunities: Audit Manager - Financial and Regulatory Reporting (1800)
Requisition ID 1800
JOB PURPOSE:
The purpose of the job is to be responsible for assuring the Bank on the financial and regulatory reporting aspects S/he deploys specialized knowledge of International Financial Reporting Standards and the Regulatory Reporting Framework to provide the assurance.
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ACCOUNTABILITIES
EDUCATION REQUIREMENTS EXPERIENCE, KNOWLEDGE, AND SKILLS REQUIRED
Requisition ID 1800
JOB PURPOSE:
The purpose of the job is to be responsible for assuring the Bank on the financial and regulatory reporting aspects S/he deploys specialized knowledge of International Financial Reporting Standards and the Regulatory Reporting Framework to provide the assurance.
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Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!
ACCOUNTABILITIES
- Prepare and document audit methodology for audit of quarterly financial statements for publication, end-of-year financial statements, management accounts, and regulatory reports.
- Manage audit of the financial statements to ensure that they comply with International Financial Reporting Standards (IFRSs) and Bank of Tanzania regulations
- Review quarterly impairment assessments to ascertain whether assumptions are appropriate and the inputs in the impairment model are accurate, and the results thereof are accurate and in compliance with IFRS9 requirements.
- Review provision for loan losses to ensure it is adequate and comply with Bank of Tanzania regulations i.e. The Banking and Financial Institutions (Management of Risk Assets) Regulations 2014.
- Champion the correct interpretation and use of IFRSs in financial reporting. Provide guidance, share knowledge and provide training to audit staff on IFRS updates and contemporary issues around financial reporting standards.
- Develop and maintain a database of regulatory reporting requirements, prepare, document, and execute compliance audit test procedures regularly.
- Develop, maintain and update risk register around financial and regulatory reporting space and ensure that controls are in place to manage the risks identified.
- Follow up and provide status reports on actions taken by management to resolve issues raised by assurance providers.
- Assess financial reporting risks and ensure that controls are in place to manage the risks identified.
- Prepare reports for management and the Audit Committee on matters related to financial and regulatory reporting.
- Coordinate and manage engagement with the Bank of Tanzania, External Auditors, and other assurance providers for all matters related to financial and regulatory reporting.
- Any other duties as may be assigned by the Director of Internal Audit and/or Senior Manager Credit and Regulatory Reporting.
- Supervision and Support Functions:
- Champion the correct interpretation and use of IFRSs in financial reporting. Provide guidance, share knowledge and provide training to audit staff on IFRS updates and contemporary issues around financial reporting standards.
- Provide support, advice, and guidance to auditors to ensure the effective performance of tasks assigned to them to achieve DIA performance goals.
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NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2023 (1,475 POSTS)EDUCATION REQUIREMENTS EXPERIENCE, KNOWLEDGE, AND SKILLS REQUIRED
- Bachelor’s degree in Accounting, Finance, Banking, commerce, or related business subjects, from any recognized University or its equivalent qualifications
- Certification for Information System Audit (CISA), Certified Internal Auditor (CIA), or Certified Public Accountant (CPA/ ACCA).
- Minimum 5 years' experience in the financial and regulatory reporting aspects
- Experience in the interpretation and use of IFRSs in financial reporting
- Practical experience and competency in the use of audit tools in particular Teammate, ACL, and proficiency in Excel application
- Good knowledge of Bank of Tanzania Regulations and best Banking practices.
- Analytical. Interpersonal, team-leading, and strong audit report writing skills
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