Summary
Date Posted: Friday, September 27 2024, Base Salary: Not Disclosed

JOB DETAILS:
General Responsibilities
¬The main responsibilities are to:
• ¬Support the CFO regarding activities related to the management of financial and material resources.
• ¬Assist the CFO with the organization and follow-up of the bank account, back-office reports.
• ¬ Ensure that financial information and statistics required by the CFO are gathered.
• ¬ Implement and manage an efficient and operational system for document management.
• ¬ Manage and safeguard, financial and material resources for which he or she is responsible.
• ¬ Support the CFO in his or her duties.

Specific Responsibilities
• Coordinate the Month end closure procedures with all Branches and IT department as per month end Closure checklist.
• Review the monthly ledger postings and ensure all the entries are posted on time.
• Ensure the full set of Financial Statements (Monthly, Quarterly and Annually) are prepared by 7th of every month.
• Review the reconciliations for all Inter Branch funds transfer accounts on a weekly basis.
• Ensure that Airtel Platform cash collections and Disbursement Accounts is reconciled to AMBS Cash at Mobile Banking and avail the reconciliations to CFO on weekly basis.
• Ensure that Processing Group Management fees bills and accounting for taxes accordingly.
• Ensure that all balance sheet Accounts are reconciled, and a file compiled for review by CFO on the 5th of every month.
• Review the monthly Bank Reconciliations statements from the Branches and submit to CFO by 5th of every month.
• Conduct Training for Branch staff on Bank reconciliations and other financial reports as required.
• Prepare annual Budgets – implement Budget and monitor budgetary allocation and control.
• Review the monthly budget variance analysis and submit to CFO by 7th of every month.
• Ensure Payroll and statutory returns are prepared and submitted on time.
• Analyze revenue and expenditure trends and recommend appropriate budget level and ensure expenditure control monthly.
• Ensure that the various accounts report to Group are prepared as per given deadlines.
• Review the various reports to BOZ /other industry regulators and ensure timely submission.
• Prepare the Board Packs, group report and liaison with group office.
• Prepare Prudential and other reports required by Bank of Zambia.
• Liaise with Banks.
• Ensure that the accounting discrepancies are resolved before month end closure.
• Supervise the input and handling of financial data and reports for the company’s automated systems.
• Coordinate and facilitate the Internal Audit Process, External Audit, and other inspection by regulatory authorities.
• Lead Accounts and finance functions, coach finance team and supervise team members.
• Any other duties assigned by CFO.

Qualifications
• Degree in Accounting
• Professional qualification in ZICA, CA, ACCA or equivalent is an added advantage
• Membership with Zambia Institute for Chartered Accountants (ZICA)

Experience & Additional Requirements
• Minimum 5 years of relevant working experience
• Experience with Microfinance will be an added advantage.
• Highly analytical and pay attention to detail.
• Excellent communication skills both oral and written.
• Excellent skills in MS Office
• Commitment, highly motivated and ethical

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education:

Job application procedure
Interested in applying for this job? Click here to submit your application now.
• Interested candidates are invited to submit their resume with the relevant qualification(s) document and cover letter as a single document addressed to The HR & Administration Manager; e-mailzm by closing date 6th October 2024.
• Please include “Finance Manager Application” in the subject line.
• “ASA Microfinance Zambia limited aims to attract and select a diverse workforce, ensuring equal opportunity to everyone, irrespective race, age, gender, class ethnicity, disability, location, and religion. Qualified women are particularly encouraged to apply”.

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