Summary
Date Posted: Friday, October 11 2024, Base Salary: Not Disclosed

JOB DETAILS:
About Tanzania Agricultural Development Bank (TADB)

Tanzania Agricultural Development Bank Limited (TADB) is a Government Development Finance Institution operating under the Ministry of Finance. TADB is registered under the Companies Act of 0 and licensed under the provisions of the banking sector as of 4th August 2015.

TADB Vision
To be a champion development finance institution for agricultural transformation in Tanzania.

TADB Mission
To contribute to food security and poverty reduction by catalyzing agricultural transformation through innovative financing solutions that develop sustainable and inclusive agricultural value chains.
TADB was established to facilitate the attainment of two broad goals:
1. Contributing to the achievement of self-sufficiency and security.
2. Transformation of agriculture from subsistence to commercial operations effectively and sustainably, contributing to economic growth and poverty reduction.

Director of Treasury

Qualifications, Knowledge, Experience
• Education: Master’s Degree in Accountancy, Finance, Commerce, Economics, Mathematics, or Business Administration.
• Professional Qualifications: CPA (T), ACCA, ACA, or equivalent from a recognized institution is advantageous.
• Experience: At least ten years of relevant experience, including a minimum of two years in a managerial role.
• Certifications: Certification in Treasury Management or a Certified Treasury Dealer Course is required.

Nature and Scope
• Location: 1 Vacancy at Head Office; 1 Vacancy in Dar es Salaam.
• Reporting To: Director of Treasury.
• Responsibilities:
• Assessing, monitoring, planning, and managing the efficient utilization of cash and financial services in alignment with the bank’s objectives.
• Developing and executing resource mobilization strategies.
• Negotiating partnership agreements with corporates, private trusts, and other funders.
• Managing funds received from the Government, its Departments, Agencies, and other stakeholders.

Key Responsibilities
• Strategic & Financial Planning:
• Develop and implement a comprehensive treasury strategy aligned with the organization’s goals and objectives.
• Continuously assess and adjust the treasury strategy to adapt to changing market conditions and regulatory requirements.

Cash & Liquidity Management:
• Monitor and manage the organization’s cash flow to ensure sufficient liquidity for financial obligations.
• Optimize surplus cash utilization through investments and short-term financing.
• Banking and Stakeholder Relations:
• Establish and maintain relationships with banking partners and financial institutions.
• Negotiate banking services agreements to optimize cost and efficiency.
• Risk Management:
• Identify and assess financial risks, including interest rate fluctuations, foreign exchange exposure, and counterparty risk.
• Develop strategies to mitigate these risks effectively.
• Investment Management:
• Oversee the management of investment portfolios, balancing risk and return.
• Evaluate and select appropriate investment instruments and strategies to achieve financial objectives.

Reporting and Compliance:
• Prepare and present regular reports to senior management and the Board of Directors on treasury performance, liquidity, and risk management.
• Ensure compliance with regulatory reporting requirements.

Leadership and Team Management:
• Provide leadership and guidance to the operations team, fostering a culture of teamwork, accountability, and continuous improvement.
• Manage treasury back-office functions, including posting and reconciliation, Export Credit Guarantees, letters of credit, and money market activities.

Additional Duties:
• Carry out any other related duties as assigned by the supervisor.

Equal Opportunity Employer: Tanzania Agricultural Development Bank Limited fosters the strength and health of its workforce through a competitive benefits package, professional development, policies, and programs that support a healthy work/life balance. We encourage applications from women and qualified candidates with disabilities.

Please Note: If you have not heard from us four weeks after the closing date, consider your application unsuccessful.

Work Hours: 8

Experience in Months: 120

Level of Education: Postgraduate Degree

Job application procedure
Interested in applying for this job? Click here to submit your application now.

All applications must include:
1. Application Letter: Showing how you meet the requirements of the position.
2. Curriculum Vitae (CV): Up-to-date.
3. Contacts: Names in full, physical address, telephone numbers, and e-mail addresses of the candidate.
4. Certified Copies: Relevant certificates.
5. Referees: Names and full contacts of three (3) referees.
Closing Date: Applications should reach the undersigned no later than 4.00 pm on Friday, 25th of Oct 2024.

Note: Applicants are required to attach the following to their respective application.

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