Finance Analyst (Fixed Term – 3 Years) Needed At NMB Bank Plc (1 Position) – Ajiratz – Latest Jobs In Tanzania

The Finance Analyst will be responsible for effective financial management and grants administration of the NMB Foundation, the not-for-profit Corporate Social Investment (CSI) arm of NMB Bank. The role ensures financial integrity, compliance with donor and statutory regulations, and strong financial oversight of projects. The successful candidate will implement robust financial systems, manage budgets, and deliver accurate reporting to support the Foundation’s strategic goals.

Key Responsibilities of Finance Analyst

1. Financial Planning and Budgeting

Develop, implement, and monitor annual organizational and project-specific budgets aligned with strategic objectives.
Collaborate with program teams to prepare accurate budgets for proposals and funding applications.
Conduct regular budget-versus-actual analysis and provide variance reports with actionable recommendations.
Offer technical financial guidance to project teams to strengthen budget management and cost-effectiveness.

2. Financial Reporting and Accounting Operations

Prepare timely monthly, quarterly, and annual financial reports for management, the Board, and stakeholders in accordance with IFRS.
Manage day-to-day accounting operations, including payments, payroll, bank reconciliations, and maintaining the general ledger.
Ensure compliance with NMB Bank policies, Tanzanian statutory requirements, and donor conditions.

3. Compliance and Risk Management

Ensure adherence to Foundation policies, procedures, and internal controls.
Identify, assess, and mitigate financial risks across operations.
Implement and monitor internal control systems to safeguard assets and prevent fraud.

4. Grants Management

Oversee the full grants management cycle from disbursement to final reporting.
Conduct pre-grant financial assessments and due diligence on partner organizations.
Review partners’ financial reports and provide compliance guidance in line with grant agreements.

5. Audit Facilitation

Serve as the primary contact for internal and external audits.
Prepare audit schedules and documentation.
Support implementation of audit recommendations and corrective action plans.

Knowledge and Skills needed for Finance Analyst

Strong knowledge of financial regulations, IFRS, and Tanzanian tax laws.
Comprehensive understanding of grant management and donor compliance requirements.
Familiarity with financial controls and audit processes within NGO or corporate foundation settings.
Advanced proficiency in accounting software (e.g., SAGE, QuickBooks) and MS Excel.
Excellent analytical and numerical skills with high attention to accuracy.
Strong communication skills in English and Kiswahili.
Excellent organizational and time-management skills.
High integrity, ethical standards, and confidentiality in line with professional accounting codes of conduct.

Qualifications and Experience

Bachelor’s degree in Finance, Accounting, Commerce, Business Administration, or related fields.
Professional qualification (CPA/ACCA or equivalent) is an added advantage.
Minimum of 2 years’ experience in financial management, accounting, or auditing.
Experience in NGO, Foundation, or CSR environment is an added advantage.

Equal Opportunity Statement

NMB Bank Plc is an Equal Opportunity Employer committed to diversity and gender balance. Female candidates and people living with disabilities are strongly encouraged to apply.

NMB Bank Plc does not charge any fees during the recruitment process. Only shortlisted candidates will be contacted.

Why This Finance Analyst Role at NMB Bank Plc Could Be a Smart Career Move

If you’re considering applying for the Finance Analyst (Fixed Term – 3 Years) role at NMB Bank Plc, this is not just another accounting job — it’s a strategic career move. From our experience at WikiHii, roles linked to corporate foundations like the NMB Foundation give you exposure to both high-level financial management and real social impact work. That combination is powerful for long-term growth.

First, don’t treat this like a routine application. The Foundation handles grants, donor funds, and compliance-heavy reporting. That means your CV should clearly show experience in budgeting, IFRS reporting, internal controls, and any exposure to audits. If you’ve worked with NGOs, CSR projects, or donor-funded programs, highlight that clearly. Even small experiences matter — what’s important is demonstrating accountability and attention to detail.

Second, technical skills will matter here. If you’ve used SAGE, QuickBooks, or built advanced Excel models, mention specific examples. Instead of saying “good in Excel,” say you’ve done budget variance analysis, cash flow projections, or financial modeling. Make it practical.

Also, integrity is not just a buzzword in this role — it’s central. Foundations operate under strict scrutiny, so showing ethical conduct and professionalism can set you apart.

Finally, remember this is a fixed-term contract, but in reputable institutions like NMB, performance often opens future opportunities. If you meet most of the qualifications, don’t hesitate. Apply confidently, tailor your documents properly, and submit before the deadline.

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