Accountant

Purpose of the role:
To Assist with the management of Account Receivables, performing account reconciliations, maintaining general ledger, ensure that all receipts have been posted and allocated correctly.

Job Overview:

• Fixed Asset Management: Oversee the company’s fixed asset portfolio, ensuring accurate record-keeping, valuation, and compliance with relevant accounting standards.
• VAT management: Efficient management of VAT reconciliations, compliance and Other statutory obligations.
• Sundry Trade Creditors: Overseeing financial transactions related to accrued expenses.

Reports to: Finance Manager
Branch: Lusaka

Key Duties and Responsibilities:
The accountant will be required to perform the following tasks:

Fixed Asset Management:
Asset Recording and Tracking

• Ensure the accurate recording and classification of fixed assets in the company’s asset register.
• Maintain an up-to-date and comprehensive asset register, ensuring all additions, disposals, transfers, and impairments are correctly recorded.

Depreciation and Valuation:

• Calculate and record depreciation for fixed assets in line with accounting policies, ensuring compliance with relevant accounting standards (e.g., IFRS or GAAP).

Compliance and Reporting:

• Prepare and submit accurate fixed asset reports, ensuring compliance with local tax regulations and accounting standards.

VAT Management:

• VAT Compliance: Ensure the company is fully compliant with VAT regulations and requirements by preparing and submitting accurate VAT returns on time.

Other Statutory obligations:

• Oversee the calculation, deduction, and remittance of PAYE taxes and NAPSA from employees’ wages.

Withholding Tax Administration:

• Manage the calculation and deduction of withholding taxes for applicable transactions and payments.

Tax Audits and Compliance:

• Prepare for and participate in tax audits conducted by tax authorities.

Sundry Trade Creditors:
Recording Accruals

• Record journal entries for accrued revenues and expenses, ensuring accuracy in both the timing and amount.

Reconciliation

• Month end closing reconciliation of accrual accounts to ensure that all accrued transactions are properly reflected in the ledger.

Reporting:

• Ad-hoc Analysis: Perform detailed COS Analysis (Production overheads and Transport/Freight) for accurate cost & branch recognition.
• Internal Controls: Ensure proper internal controls are maintained around Fixed Asset Management and VAT processes to minimize risk of errors or fraud.

Organization Culture and Values

• Ensure Kenkijin philosophy, values, principles, and behaviors are promoted and established through the business unit.

Qualifications & Experience

• Must have Grade 12 General Certificate of Education
• Bachelor’s degree in Accounting, Finance, Commerce
• A professional accounting qualification (e.g., ACCA, CIMA, ZICA) is desirable
• A member of ZICA.
• Minimum four (4) to five (5) years’ experience
• Zambia Qualifications Authority Validated Qualifications.
• Membership to the relevant body is a requirement.

Job Specific Competencies

• Knowledge of international financial reporting standards (IFRS)
• Up-to-date knowledge of relevant Zambian laws and regulations.
• Experience in Fixed Assets and VAT management.
• Strong knowledge of VAT regulations and accounting principles.
• Advanced proficiency in Excel and other financial reporting tools.
• Strong attention to detail and accuracy.
• Excellent organizational and communication skills.
• Strong communication skills and the ability to work within tight deadlines

Duration: Two (2) years Fixed-term contract

If you meet the requirements for this job, email your detailed C.V, certified copies of certificates and cover letter in a single document to [email protected], or send your application to:

The Senior Manager – Human Capital and Administration
Hitachi Construction Machinery Zambia, Co. Ltd.
KK International Airport Road, Plot 2350/M
P.O. Box 30182,
Lusaka.