Summary
Date Posted: Wednesday, September 04 2024, Base Salary: Not Disclosed

JOB DETAILS:
To lead the financial strategy and operations of the organization, ensuring compliance with regulatory requirements and managing financial risks. Presentation of financial performance to the Board, overseeing grant execution, and supporting strategic decision-making through comprehensive financial oversight.

Duties/Key Responsibilities
Strategic Financial Leadership:
• Lead the development and implementation of financial strategies that align with and support the organization’s strategic objectives.
• Translate strategic business priorities into financial impact assessments to promote the achievement of the organization’s goals.
Budgeting and Financial Planning:
• Establish budget guidelines and oversee the preparation of the overall budget, ensuring high-quality standards and timely resource allocation for the implementation of the strategic plan.
• Oversee budgeting, forecasting, and financial planning processes, conducting periodic cost and productivity analyses to ensure expenditure remains within approved limits.
• Coordinate with user departments to provide technical financial expertise in budget preparation and compliance with financial policies and procedures.
Financial Reporting and Analysis:
• Monitor the preparation of financial statements and management reports to ensure accuracy, integrity, and compliance with accounting standards.
• Produce financial performance reports to aid in decision-making and strategic planning.
• Ensure financial statements and reports comply with regulatory and statutory requirements
Internal Controls and Compliance:
• Develop and maintain robust internal financial controls to ensure the integrity and accuracy of financial information.
• Monitor statutory payments and ensure compliance with relevant guidelines to mitigate risks associated with non-compliance.
• Ensure the organization is compliant with all tax regulations, third-party requirements, and contractual obligations.
• Develop and implement financial policies and procedures.
Operational Financial Management:
• Ensure the accurate and timely preparation of bank reconciliation statements.
• Ensure the timely execution of payroll and benefits administration and the preparation of payroll statements.
• Ensure the timely management and update of the fixed asset register as required.
• Manage accounts payable and receivable processes.
• Maintain accurate and up-to-date financial records.
• Monitor cash flow and manage financial risks.
• Manage financial aspects of contracts and agreements.
Audit Coordination and External Relationships:
• Coordinate audits and manage relationships with external auditors to ensure compliance and transparency.
• Collaborate with the management team to develop financial strategies.
Team Leadership and Development:
• Supervise and mentor finance staff, providing guidance and professional development opportunities.
• Provide financial training and support to program managers to enhance their financial literacy and decision-making capabilities.

Key Attributes/Skills:
• Financial strategy development, implementation and monitoring
• Financial Reporting and International Accounting Standards
• Financial Accounting
• Management Accounting
• Statutory Audits
• Cash flow Management
• Reconciliation of Financial Records
• Budgeting and planning
• Financial Budgetary and Accounting systems
• Strong knowledge of non-profit accounting principles and practices.
• Experience with grant management and donor reporting.
• Proficiency in financial software and Microsoft Office Suite.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to communicate complex financial information clearly.
• Experience in budgeting, forecasting, and financial planning.
• Knowledge of financial regulations and compliance requirements.
• Strong organizational and time management skills.
• Strong interpersonal and communication skills.
• Commitment to the mission and values of the organization.
• Ability to handle confidential information with integrity.
• Experience in developing and implementing financial policies.
• Proven track record of managing financial risks.

Education:
• Grade 12 School Certificate with 5 credits including English and Mathematics
• Bachelor’s degree in accountancy/finance. Master will be an added advantage
• ACCA/CIMA qualification and membership with ZICA
• 5-10 years’ work experience in a financial sector as an accountant at managerial level
• Experience in an international company with tight monthly closing deadlines;
• Experience in a financial institution would be considered as advantage;
• Knowledge of full-cycle accounting process;
• Experience in preparation of IFRS annual reports;
• Strong local tax knowledge, including WHT;

Work Hours: 8

Experience in Months: 120

Level of Education: Bachelor Degree

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