Wednesday, September 7, 2016


The main purpose of this Job is to prepare financial reports for the Board of directors and senior management to make informed business decisions and to ensure that the society complies with legal and statutory requirements. The role assists the CFO or Finance director in the formulation and implementation of the society’s strategy.
Duties and responsibilities
  • Preparations of monthly management accounts
  • Preparation of Audited Financial statements
  • Coordination of year end statutory audit.
  • Preparation of  BOZ monthly  Prudential report
  • Preparation of  BOZ Quarterly publications
  • Preparation of Board Reports which highlight the Society’s quarterly performance
  • Produce Cash flow forecasts for the society
  • Authorisation of transactions to be posted in Flexi cube
  • Ensuring all statutory payments are done and controls are adhered to when making disbursements
  • Assisting CFO supervise finance department and advice senior management on arears of concern.
  • Coordination of other departmental  reports to ensure they match with Financials statements figures
  • Managing the society’s general ledger and ensuring that all daily transactions are posted.
  • Creating, maintaining and effectively monitoring internal controls in the Finance department
  • Attending weekly arrears meetings to provide credit with direction
  • Preparation of Finance policy manuals
  • Custodian of the fixed asset register and ensuring that it is updated.
  • Help management to make important financial decisions that will affect the company’s budget and finances
  • Monitoring company financial statements and reports to verify their accuracy and to find ways to limit or reduce costs.
  • Review reports to analyze trends
  • Provide advice on company budgeting processes
  • Preparing financial statements and activity reports that highlight business finances and forecasts
  • Looking into the minute details of financial reports to ensure that all legal requirements are met
  • Supervise other employees who assist with reporting tasks
    seek ways to improve financial allocations, or look for ways to reduce expenses
  • Communicate and explain accounting issues and evolving accounting guidance to the management team
  • Manage communications with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues
  • Assist in the coordination of annual audit and quarterly review activities of external auditors
  • Create, implement and maintain comprehensive worldwide accounting policy documents to improve clarity and consistency
  • Setting up of accounting system and internal controls
  • Acting in the capacity of CFO in the absence of the CFO
Duties – Corporate
  • Accounting for Leases, Loans and Flexi draw –corporate division. This is all done on excel
  • Summarising invoices and inserting them in an accounting invoice template –this is where we generate our interest income, rental income and other fees income
  • Flexi draw interest template – passing JV entries in excel and updating flexi draw client statements.
  • Group of Creditors (GOC) – Accounting for loan interest expenses and updating the schedule each time payments are made and calculating gains and losses  then passing JVs to corporate  TB
  • Money market instrument (MMI) – accounting for interest expenses , calculating gains and losses and then passing Summary JV to corporate TB
  • Corporate fixed assets schedule – updating the schedule with new additions especially operating leases. Calculating deprecation and passing summary JV to Corporate TB
  • Disbursements intercompany – passing all disbursement entries as JVs in corporate TB. This is how we capture new loans
  • Disbursements finance Lease loan files- updating the new loans on the finance lease file template.  Then link it to clients Statements
  • Intercompany receipts- ensure all receipts  are captured on the receipt template for JV purposes
  • Pass all receipt template summary entries to Corporate TB
  • Finance lease template and operating lease arrears and net Investment monthly updating report. Reconciling to TB and review statement receipts invoices linkage.
  • Finance lease, loan operating lease reconciliation template- This involves reconciling opening balances to closing balances and calculating gains and losses on finance leases, loans and operating leases. The receipt template is linked to this schedule-Passing JV entry to corporate TB.
  • Corporate management accounts- Producing corporate management accounts using the above techniques. This involves updating all schedules manually
Duties – Retail
  • Review  retail TB from flexi cube and make adjustments
  • Consolidate the two TB
  • Draft Management accounts
  • A professional accountant with ACCA, CIMA or ZICA professional qualification and should have at least 5 years working experience at senior management level and in a financial sector.
  • High level technical and interpersonal skills, extensive knowledge in IFRS, and in-depth Knowledge of leasing transactions.
  • Use of excel and financial modelling tools will be added advantage.
Closing Date for receiving applications is 21st September, 2016
Suitably qualified candidates are invited to apply. However only shortlisted candidates will be contacted.  Indicate the job title in the subject. Send relevant academic and professional certificates and detailed CV with day-time telephone to:


NGO JOBS ICT JOBS Lusaka Finance Accountant Agriculture Administration Health Human Resources Sales Kitwe Lecturer Civil Engineer Solwezi Consultancy Legal Jobs SCHOLARSHIPS Education MEDIA AND COMMUNICATIONS Driver Jobs Mining Jobs Ndola Procurement Jobs Monitoring and Evaluation Electrical Engineering Telecommunications MTN Zambia First Quantum Minerals Ltd Project Manager Airtel Zambia ZRA Zambia Revenue Authority Community Development Jobs Kasama LMC Lumwana Mining Company Limited Marketing Zamtel Save the Children World Vision Environmental Jobs Kabwe Malawi Jobs Research Graduate Trainee Standard Chartered Bank CARE INTERNATIONAL ZAMBIA Zimbabwe AWF African Wildlife Foundation Choma GOVERNMENT JOBS Mechanical Engineering NAPSA National Pension Scheme Authority PwC Teaching Jobs UN United Nations Zambia Sugar Plc Afdb African Development Bank Mopani Copper Mines PLC Security Jobs AB Bank Zambia Customer Care FINCA Zambia MU MULUNGUSHI UNIVERSITY PATH INTERNATIONAL RDA Road Development Agency UNICEF US Embassy in Zambia BANKING JOBS CHAI Clinton Health Access Initiative COMESA Chipata FHI360 Mongu SNV ZAMBIA Sandvik Economist Internship Livingstone Plan International WaterAid Zambia Zambia Banks Zanaco Zambia National Commercial Bank AU African Union Access Bank BOZ Bank of Zambia CRS Catholic Relief Services Cavmont Bank Chingola Copperbelt Energy Corporation Democratic of the Congo Kalulushi SADC Southern African Development Community USAID Zambia BancABC Copperbelt University ECOBANK ZAMBIA Kalumbila Librarian Lubambe Copper Mine Limited UNZA University of Zambia ZTB Zambia Tourism Board Barclays Bank Zambia Center for Infectious Disease Research in Zambia Climate Change and Environment Copperbelt EGPAF Elizabeth Glazer Pediatric AIDS Foundation ERB Energy Regulation Board Lusaka University OXFAM Volunteering WFP World Food Programme ZEMA Zambia Environmental Management Agency ZICTA Zambia Information n Communications Technology Authority Zambia Breweries Plc Atlas Copco Zambia Aviation Jobs Citibank DBZ DEVELOPMENT BANK OF ZAMBIA Human Rights Jhpiego MEDICAL STORES LIMITED Mazabuka Ministry of Gender and Child Development NEPAD NPA National Prosecution Authority National Airports Corporation National Breweries PC Population Council PSI Puma Energy International Restless Development The World Bank UNDP VSO Voluntary Service Overseas ZIPAR Zambia Institute for Policy Analysis and Research ZNBS ZAMBIA NATIONAL BUILDING SOCIETY Zambia Red Cross Society ACC Anti Corruption Commission Zambia Abt Associates Blantyre British Council in Zambia CIVIL SERVICE JOBS Chamber of Mines of Zambia Chibombo Chililabombwe Chirundu Coca Cola Customer Support - Technical Support Danish Refugee Council ELECTORAL COMMISSION OF ZAMBIA ESAMI Eastern and Southern African Management Institute FNB FIRST NATIONAL BANK ZAMBIA Finca Malawi Food and Nutrition HPCZ Health Professions Council of Zambia Hospitality Jobs IRC International Rescue Committee Insurance Jobs Islamic Relief Kasumbalesa Konkola Copper Mines plc Legal Aid Board Lilongwe Lumwana MKUSHI MPIKA Maamba Collieries Limited Marie Stopes Zambia Ministry of local government and housing Mufulira NCC NATIONAL COUNCIL FOR CONSTRUCTION NFNC National Food and Nutrition Commission NHA National Housing Authority NLACW National Legal Aid Clinic for Women NRFA National Road Fund Agency NU Northrise University National Milling Corporation PACRA Patents and Companies Registration Agency PACT PIA Pensions and Insurance Authority Peace Corps Zambia Purchasing - Supplies Manager Records Management Rural Electrification Authority SUPPLY CHAIN Statistician Veterinary Council of Zambia WHO World Health Organization WWSC Western Water and Sewerage Company Workers Compensation Fund ZAWA Zambia Wildlife Authority ZDA Zambia Development Agency ZESCO Zambia Electricity Supply Corporation Limited ZICA Zambia Institute of Chartered Accountants ZWMA Zambia Weights and Measure Agency Zambia Catholic University