Website ASA Microfinance Zambia Ltd
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
How to Apply:
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-mail: [email protected] 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”.
