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Chief Finance Officer at Tanzania Mortgage Refinance Co. Limited

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AJIRA LEO
Tanzania Mortgage Refinance Company

Jobs in Tanzania 2024: New Job Vacancies at Tanzania Mortgage Refinance Company (TMRC) 2024

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Tanzania
Mortgage Refinance Company Limited (TMRC) Jobs 2024

Chief Finance Officer
Job Opportunity
Chief Finance Officer at Tanzania Mortgage Refinance Co. Ltd May 2024
Position: Chief Finance Officer
Tanzania
Mortgage Refinance Co. Ltd (TMRC) is a private sector company that was
incorporated in January 2010 to implement the Housing Finance Project
(HFP) whose objective was to develop further the mortgage market in
Tanzania. Currently, TMRC has 19 shareholders with paid-up capital
amounting to TZS 27.5 billion. Shareholding is open to banks and
non-bank institutions which have an interest in the housing development
sector. TMRC is a secondary market lender providing liquidity to Primary
Mortgage Lenders (PML) through the extension of long-term loans to
PMLs.

TMRC is licensed and regulated by the Bank of Tanzania
(BOT) as a non-deposit-taking financial institution and the Capital
Markets and Securities Authority (CMSA) as a corporate bond issuer. For
more information, visit www.tmrc.co.tz

TMRC hereby invites
applications from suitably qualified and experience Tanzanian to fill
the position of Chief Finance Officer (CFO) to lead our dynamic
Directorate of Finance, supporting the CEO and business at large. This
is a “C” suite role reporting directly to the CEO.

Key areas of responsibilities include:

  • Responsible for finance, controls and including financial risk management.
  • Treasury management including cash and liquidity monitoring and control.
  • Financial funding and investment strategics – Mobilisation of Funds, shareholders, and corporate bonds.
  • Financial reporting to meet statutory and regulatory requirements.
  • Coordinate
    preparation, monitor implementation of Strategic Plan, and update
    quarterly to avoid penalties and any adverse impact.
  • Monitor the performance of the national and Global finance market.
  • Development and maintenance of internal financial control policies.
  • Budget preparation, implementation, and control.
  • Ensure Investment income forecasting, collection, and follow-up.
  • Ensure Payroll administration. a Ensure Liquidity Planning and control.
  • Performs other or related duties as assigned by the CEO and the Board.

Required minimum skills, experience, and competency:

  • Strategic
    planning skills \ Excellent knowledge of banking, financial management,
    and capital market standards and regulatory requirements \ Risk
    Management skills \ Treasury risk management skills \ Strong business
    acumen ship \ Leadership skills \ Decision-making skills \
    Communications skills \ Excellent working knowledge of financial
    technologies.

Read Also:

Required minimum qualifications:

  • A holder of master’s degree in finance, management, accounting, or related fields.
  • A Certified Public Accountant [CPA (T)] or equivalent certification and
    registered by NBAA as an Associate /Fellow Member with good standing.
  • Working
    experience of not less than 7 to 10 years in financial operations, 5 of
    which must be in Senior Executive level preferably in banking and
    financial sector.
  • Must be of good moral character and ethical background personally and professionally.

This
is a highly competitive selection process and selection of any
candidate is subject to a rigorous independent selection process and
including fit and proper checks.
TMRC is an equal opportunity employer and promotes inclusiveness and gender equality.

How to Apply:

Send
your Application Pack in pdf format comprising documents listed in
(a)-(g) below addressed to the Chief Executive Officer, TMRC Limited,
P.O. Box 7539, Dar es Salaam, Tanzania only through ERNST & YOUNG
email address info.tanzania@tz.ey.com i.e., info(dot)tanzania(at)tz(dot)ey(dot)com

  • An application letter not exceeding 3 pages clearly showing how you meet the position requirements.
  • Comprehensive Curriculum Vitae.
  • Copies
    of your university degrees and its transcript (For foreign Universities
    degree attach TCU letter of recognition of your degree).
  • Copy of your NBAA’s Associatc/Fcllow CPA Certification and proof of current annual subscription.
  • Copy of your NIDA card.
  • Contact
    address including telephone number(s) and e-mail address(s); and (g)
    Names and full addresses/contacts of three (3) professional-related
    referees.

Deadline for receiving applications is 04:00pm Friday 31st May 2024.
Go to our Homepage To Get Relevant Information.
Only shortlisted candidates will be contacted.

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