Financial Analyst Job Vacancy in Mwanza, Tanzania – Banking & Finance

Job Description

Position:Financial Analyst

Company:Standard Chartered Bank Tanzania

Location:Mwanza, Tanzania

Experience:2-4 years

Education:Bachelor’s degree in Finance, Accounting, Economics or related field

Employment Type:Full-time

Industry:Banking & Finance

Department:Finance

Salary:2,000,000 – 3,500,000 SSP per month

Vacancies:1

Company Overview

Standard Chartered Bank Tanzania, a subsidiary of the global Standard Chartered Group, has been a cornerstone of the Tanzanian banking sector for over a century. With a strong commitment to sustainable growth, financial inclusion, and innovative digital solutions, the bank serves a diverse client base ranging from multinational corporations to small‑and‑medium enterprises and individual customers. Operating across major cities including Dar es Salaam, Arusha, and Mwanza, the bank offers a dynamic environment where professional development and community impact go hand in hand. As part of its strategic expansion, Standard Chartered continues to invest in talent that can drive analytical excellence and support the bank’s vision of becoming the leading financial partner in East Africa.

Job Overview

The Financial Analyst will play a pivotal role in supporting the bank’s financial planning, analysis, and reporting functions. Reporting to the Finance Manager, the incumbent will be responsible for preparing detailed financial models, conducting variance analysis, and providing actionable insights to senior management. This position offers an excellent opportunity for a motivated professional to contribute to the bank’s strategic initiatives, enhance decision‑making processes, and gain exposure to a broad spectrum of banking products and services. Candidates will join a collaborative team that values integrity, innovation, and a customer‑centric approach. For more information about our organization and career pathways, please visit our career portal.

Key Responsibilities

• Prepare monthly, quarterly, and annual financial statements and management reports.
• Develop and maintain complex financial models for budgeting, forecasting, and scenario analysis.
• Conduct variance analysis to identify key drivers of performance and recommend corrective actions.
• Support the preparation of regulatory reports and ensure compliance with Tanzanian banking regulations.
• Collaborate with product, risk, and operations teams to gather data and provide financial insights.
• Assist in the evaluation of new business opportunities, including credit proposals and investment projects.
• Monitor key performance indicators (KPIs) and prepare dashboards for senior leadership.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel and financial modeling.
• Experience with financial reporting tools and ERP systems (e.g., SAP, Oracle).
• Excellent written and verbal communication skills.
• Attention to detail and ability to work under tight deadlines.
• Understanding of banking products, credit analysis, and regulatory environment.
• Team player with a proactive attitude and problem‑solving mindset.

Education

A Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related discipline is required. Professional certifications such as CFA, ACCA, or CPA are advantageous but not mandatory.

Experience

Applicants should have 2 to 4 years of relevant experience in financial analysis, preferably within the banking or financial services sector. Experience with budgeting, forecasting, and regulatory reporting is highly valued.

Salary

The successful candidate will receive a competitive salary ranging from 2,000,000 to 3,500,000 SSP per month, commensurate with experience and qualifications. Additional performance‑based incentives may be offered.

Benefits

• Comprehensive health insurance coverage.
• Retirement savings plan with employer contributions.
• Annual leave and paid public holidays.
• Professional development and training programs.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering bank policies, systems, and compliance.
• Continuous learning through internal workshops, webinars, and external courses.
• Mentorship from senior finance professionals.

Working Environment

Standard Chartered Bank Tanzania offers a modern, inclusive workplace equipped with state‑of‑the‑art technology and collaborative spaces. Employees benefit from a culture that promotes diversity, ethical conduct, and work‑life balance. The Mwanza office provides a vibrant setting with easy access to public transport and nearby amenities.

Application Process

Interested candidates should submit their application through the online portal on our website. The process includes an initial resume screening, a written assessment, and two interview rounds – one with the hiring manager and another with senior finance leadership. Successful applicants will be notified via email within two weeks of the interview.

Equal Opportunity Statement

Standard Chartered Bank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, disability, or sexual orientation. Our recruitment practices are based solely on merit and business needs.