Vacancy title:
Specialist Asset Control and Stores

[Type: FULL_TIME, Industry: Banking, Category: Management, Accounting & Finance, Business Operations, Logistics, Transportation & Logistics]

Jobs at:
NMB Bank

Deadline of this Job:
Friday, September 11 2026

Duty Station:
Dar es Salaam | Dar es Salaam

Summary
Date Posted: Thursday, September 3 2026, Base Salary: Not Disclosed

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JOB DETAILS:

Job Description

To manage the Banks fixed asset lifecycle by ensuring assets are properly acquired, registered, tagged, tracked, verified, maintained, transferred and disposed of in accordance with Bank policies, accounting standards, and regulatory requirements while maintaining an accurate Fixed Asset Register (FAR).

Main Responsibilities:

• Manage the complete fixed asset lifecycle, including acquisition, registration, tagging, tracking, custody, transfer, maintenance, physical verification, and disposal in accordance with Bank policies, asset management standards, and regulatory requirements.
• Maintain an accurate and up-to-date Fixed Asset Register (FAR) by ensuring complete asset master data, including asset classification, location, custodian, cost center, warranty information, and asset status.
• Coordinate the Banks asset identification and tagging programme to ensure all fixed assets are uniquely identified, accurately recorded, and traceable throughout their lifecycle.
• Plan, coordinate, and monitor periodic and risk-based physical asset verification exercises to confirm asset existence, condition, location, utilization, and ownership, and ensure timely resolution of identified discrepancies.
• Monitor and control asset movements by ensuring all transfers, relocations, assignments, and disposals are properly authorized, accurately recorded in the ERP system, and supported by complete documentation.
• Monitor asset condition, age, utilization, maintenance costs, and warranty status, and recommend repair, replacement, refurbishment, redeployment, or disposal based on lifecycle analysis and operational requirements.
• Ensure compliance with fixed asset policies, regulatory requirements, internal control procedures, and audit recommendations by strengthening asset governance and mitigating asset-related risks.
• Support continuous improvement of the ERP Fixed Asset Module by enhancing asset management processes, developing and maintaining policies, procedures, and SOPs, improving data quality, and promoting process automation.
• Prepare operational asset management reports, including asset ageing, warranty status, maintenance trends, utilization, disposal recommendations, and asset replacement forecasts to support management decision-making.
• Collaborate with Procurement, ICT, Facilities Management, Branches, Internal Audit, and other stakeholders to strengthen asset governance, provide technical guidance, enhance staff awareness, and drive continuous improvement in asset management practices.
• Identify opportunities to improve asset management processes, optimize asset utilization, enhance operational efficiency, and support the Banks strategic asset management objectives.

Knowledge and Skills:

• Fixed Asset Lifecycle Management principles and best practices.
• Sound knowledge of Fixed Asset Lifecycle Management, inventory management, and asset governance.
• Proficiency in ERP Fixed Asset Management systems (e.g., Microsoft Dynamics 365 Finance & Operations).
• Knowledge of asset tagging technologies, including barcode and RFID systems.
• Experience in physical asset verification, reconciliation, and audit support.
• Strong analytical, reporting, problem-solving, and data management skills.
• Good understanding of risk management, internal controls, and regulatory compliance.
• Excellent communication, stakeholder management, planning, and organizational skills.

Qualifications and Experience:

• Bachelors Degree in Procurement & Supply Chain Management, Logistics, Accounting, Finance, Engineering, Business Administration, or related discipline.
• Approved Registered by PSPTB.
• Banking certification(s) is an added advantage.
• Minimum three (3) years experience in fixed asset management, inventory management and finance operations.

Work Hours: 8

Experience in Months: 36

Level of Education: bachelor degree

Job application procedure

Application Link:Click Here to Apply Now

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