About Company
NMB Bank Plc is one of Tanzania’s largest commercial banks, with a widespread network of over 200 branches, more than 8,000 agents, and over 600 ATMs across the country. We are a leading financial institution dedicated to providing innovative and customer-centric financial solutions to individuals, small and medium-sized enterprises (SMEs), and corporate clients. With a rich history spanning over 20 years, NMB Bank is committed to fostering economic growth and financial inclusion in Tanzania, playing a crucial role in the development of various sectors. Our vision is to be the preferred financial partner, offering superior services and sustainable value to all stakeholders. We pride ourselves on a culture of integrity, excellence, and teamwork, constantly striving to empower our employees and communities. Joining NMB Bank means becoming part of an organization that values your contribution and offers significant opportunities for professional growth and impact within Tanzania’s dynamic financial landscape.
Job Description
NMB Bank Plc is seeking a dedicated and meticulous Account Payable Administrator to join our dynamic finance team in Mwanza. This crucial role is at the heart of our financial operations, ensuring the accurate, timely, and efficient processing of all accounts payable transactions. The successful candidate will be instrumental in maintaining strong vendor relationships, meticulously managing invoices from receipt to payment, and diligently reconciling statements. Your efforts will directly contribute to the bank’s robust financial health and operational efficiency, upholding our commitment to financial integrity. You will work within a supportive, fast-paced, and collaborative environment, leveraging your exceptional organizational skills and keen attention to detail to ensure strict compliance with NMB Bank’s financial policies and all relevant regulatory requirements. This position offers a fantastic opportunity for a professional who thrives on precision, takes initiative, and is eager to contribute significantly to a leading financial institution. You will be responsible for handling a high volume of transactions, which demands excellent time management, problem-solving abilities, and a proactive approach to work. Your contribution will directly impact the seamless flow of our financial processes, providing essential support to various departments across the bank and reinforcing our operational excellence.
Key Responsibilities
- Process a high volume of invoices and payment requests, ensuring accuracy, proper coding, and timely payments in accordance with company policies.
- Verify and reconcile vendor statements, proactively investigating and resolving any discrepancies or issues promptly.
- Prepare and process electronic transfers, cheques, and other payment methods, meticulously managing payment schedules and deadlines.
- Communicate effectively and professionally with vendors and internal departments regarding payment status, inquiries, and other related matters.
- Maintain accurate, complete, and organized accounts payable files and records, ensuring easy retrieval for audits and reporting.
- Assist with month-end and year-end closing activities specifically related to accounts payable, ensuring all transactions are recorded correctly.
- Support internal and external audit requests by providing necessary documentation, explanations, and analysis.
- Ensure strict compliance with NMB Bank's financial policies, procedures, and relevant regulatory guidelines.
- Identify opportunities for process improvements within the accounts payable function to enhance efficiency and accuracy.
- Collaborate closely with the procurement team to ensure smooth vendor onboarding, contract management, and payment terms alignment.
Required Skills
- Proven experience (minimum 2 years) as an Accounts Payable Administrator or in a similar financial support role.
- Strong understanding of basic accounting principles and end-to-end accounts payable processes.
- Proficiency in accounting software (e.g., SAP, Oracle, or similar ERP systems) and Microsoft Office Suite, particularly advanced Excel skills.
- Exceptional data entry skills with a high degree of accuracy and meticulous attention to detail.
- Demonstrated ability to handle a high volume of transactions and consistently meet strict deadlines in a demanding environment.
- Strong organizational, prioritization, and time management skills.
- Excellent written and verbal communication skills in both English and Swahili.
- Ability to work effectively both independently and as a collaborative member of a team.
- Possession of a high level of integrity, discretion, and a commitment to maintaining confidentiality.
Preferred Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or a closely related field.
- Professional certification (e.g., CPA, ACCA foundation level, or equivalent) is a significant advantage.
- Prior experience working within the banking or financial services industry.
- Familiarity with Tanzanian tax regulations (e.g., VAT, WHT) as they pertain to accounts payable operations.
Perks & Benefits
- Competitive salary package commensurate with experience and qualifications.
- Comprehensive health insurance coverage for you and your dependents.
- Robust pension scheme to support your long-term financial security.
- Significant opportunities for professional development, training, and career advancement within a leading financial institution.
- A supportive, inclusive, and collaborative work environment.
- Employee wellness programs designed to promote a healthy work-life balance.
- Access to NMB Bank's extensive branch network and a range of staff-privileged financial services.
How to Apply
Interested and qualified candidates are encouraged to submit their applications by clicking on the application link provided below. Please ensure your CV and a comprehensive cover letter clearly highlight your relevant experience, qualifications, and suitability for this role. Only shortlisted candidates will be contacted for further steps.