Senior Accountant

ASA Microfinance Zambia Limited, incorporated under the Companies Act of Zambia of 2017 and an affiliate of ASA International (www.asa-international.com), one of the largest microfinance companies in the world. We are hereby soliciting a vacancy for a Human Resource & Administration Manager to be part of our team. ASA Zambia is an equal opportunity employer who promotes dynamic, loyal and committed men and women who have passion for people’s socio-economic development to fill in the following positions for immediate appointment.

Position: Senior Accountant

The Senior Accountant will be responsible for leading and assisting all Finance functions. This position offers potential to progress to Finance Manager position for a high performing candidate.

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 the 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 are reconciled to AMBS Cash at Mobile Banking and avail the reconciliations to CFO on a 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 the 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 the 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 liaise 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 inspections 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.
• Membership with Zambia Institute for Chartered Accountants (ZICA).

EXPERIENCE & ADDITIONAL REQUIREMENTS

• Minimum 5 years of relevant working experience.
• Experience with Microfinance or external audit environment 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.

Application Instructions
If you feel you are the right fit for the above-mentioned position, please apply with your resume and a cover letter (as a single document) to the following email address before the deadline:

[email protected]

Application Deadline: 07th February 2025

Please Note: Only complete applications (cover letter and resume) will be considered, and only shortlisted candidates will be contacted.

We stand for diversity and inclusion. Therefore, we warmly encourage everyone to apply, regardless of gender, background, ethnicity, age, religion, etc.

“ASA Microfinance Zambia limited aims to attract and select a diverse workforce, ensuring equal opportunity to everyone, irrespective of race, age, gender, class, ethnicity, disability, location, and religion. Qualified women are particularly encouraged to apply.”