FINANCE AND ACCOUNTING OFFICER ROLE
1. JOB DESCRIPTION
POSITION TITLE: Finance and Accounting Officer
DEPARTMENT: Finance and Administration
LOCATION: Solwezi, North-Western Province, Zambia
REPORTS TO: Finance and Admin Manager
JOB LEVEL: Officer Level
EMPLOYMENT TYPE: Full-Time, Permanent (or 3 Years Contract)
REFERENCE NUMBER: FAO/2024/001
2. ABOUT OLIBUL INVESTMENTS LIMITED
Olibul Investments Limited www.olibulinvest.com is a visionary and purposeful, Growth-Oriented Zambian company based in North-Western Province of Zambia. We operate several large-scale state-of-the-art multi-sand products quarries, and undertake multi-disciplinary engineering and project works in support of the Government building and road construction sector and international mining and construction industries.
3. JOB PURPOSE
The Finance and Accounting Officer will play a vital role in establishing and maintaining robust financial systems and controls within our growing organization. This position is designed for a recent Bachelor of Accounting, and/ or Finance Degree Graduate eager to apply their theoretical knowledge in a dynamic, real-world business environment; while contributing to all eight key functions of a growing Accounting and Finance department.
4. KEY RESPONSIBILITIES
4.1 Bookkeeping and Transaction Recording
· Record all daily financial transactions accurately in the accounting system
· Oversight for accounts payable and accounts receivable processes
· Process vendor invoices and employee expense claims
· Track and reconcile bank statements and cash transactions
· Maintain organized filing systems for all financial documents
4.2 Financial Reporting and Control
· Lead preparation of monthly, quarterly, and annual financial statements
· Superintend over month-end and year-end closing processes
· Prepare management reports including income statements, balance sheets, and cash flow statements
· Ensure compliance with accounting principles and standards (IFRS/ GAAP)
· Operationally Support internal and external audit processes
4.3 Financial Planning and Analysis (FP&A) Support
· Assist in budget preparation and monitoring
· Track actual performance against budgets and highlight variances
· Support financial forecasting activities
· Analyze financial data to identify trends and areas for improvement
· Prepare financial models for management decision-making
4.4 Treasury and Cash Management Support
· Monitor daily cash positions and working capital needs
· Assist in forecasting cash flow requirements
· Track receivables and payables to optimize cash management
· Support banking relationships and transaction processing
· Monitor inventory valuation and movements
4.5 Payroll Processing Support
· Oversight over monthly payroll calculations and processing
· Ensure accuracy of statutory deductions (PAYE, NAPSA, NHIMA)
· Maintain employee payroll records
· Prepare payroll reconciliations and reports
· Liaise with HR on payroll-related matters
4.6 Tax Compliance and Statutory Reporting
· Assist in preparing monthly VAT returns
· Support annual income tax computations
· Ensure timely submission of all statutory returns
· Maintain ALL-Necessary records for ZRA compliance
· Assist with tax planning initiatives
4.7 Financial Systems and Process Improvement
· Contribute to the development and documentation of financial procedures, and Processes.
· Identify opportunities for process automation and efficiency gains
· Support implementation of accounting software and systems
· Ensure data integrity and accuracy in all financial systems
· Recommend improvements to financial controls
4.8 Strategic Finance Support
· Provide financial information to support management decisions
· Assist in evaluating investment opportunities and capital projects
· Support cost-benefit analyses for business initiatives
· Contribute to risk assessment and management activities
· Participate in strategic planning sessions with financial data insights
5. QUALIFICATIONS AND REQUIREMENTS
5.1 EDUCATION
· Bachelor of Accounting Degree: from a recognized university (graduated within the last four (4) years)
· Strong academic record with demonstrated excellence in financial accounting, management accounting, auditing, and taxation
5.2 PROFESSIONAL DEVELOPMENT ASPIRATIONS (DESIRABLE)
· Pursuing or planning to pursue professional certification (ZICA, ACCA, CPA, or equivalent)
· Commitment to continuous professional development
5.3 TECHNICAL SKILLS
· Solid understanding of accounting principles and practices
· Knowledge of International Financial Reporting Standards (IFRS)
· Proficiency in MS Excel (formulas, pivot tables, data analysis)
· Competence in MS Office Suite (Word, PowerPoint, Outlook)
· Basic knowledge of accounting software (QuickBooks, Sage, SAP, or similar)
· Understanding of Zambian tax legislation and statutory requirements
5.4 PERSONAL ATTRIBUTES AND COMPETENCIES
· Analytical mindset with strong attention to detail and accuracy
· Integrity and ethics in handling confidential financial information
· Organizational skills with ability to manage multiple tasks and meet deadlines
· Problem-solving ability and willingness to take initiative
· Communication skills – both written and verbal
· Team player with ability to work collaboratively across departments
· Adaptability and eagerness to learn in a fast-paced environment
· Numeracy skills and logical thinking approach
5.5 ADDITIONAL REQUIREMENTS
· Preferably Zambian citizen with valid Green NRC/ but; even Global Citizens from around Africa, and the World are welcome to apply
· Clean professional record with traceable and verifiable references
· Willingness to work in Solwezi and occasionally travel to numerous Remote-Location project Operations sites
· Computer literacy certification (desirable)
6. WHAT WE OFFER
· Competitive salary package commensurate with qualifications and/or work Experience
· Comprehensive on-the-job training across all finance functions
· Professional development opportunities including Financial support for Training towards acquisition of professional qualifications
· Career growth potential in a rapidly expanding organization
· Exposure to diverse projects across mining, construction, and engineering sectors
· Mentorship program from experienced finance professionals
· Health and safety commitment in all our operations
· Corporate social responsibility involvement in community development initiatives
· Dynamic work environment with modern facilities and systems
7. PERFORMANCE MEASURES
Success in this role will be measured by:
· Accuracy and timeliness of financial records and reports
· Quality of variance analysis and financial insights provided
· Contribution to improving financial processes and controls
· Compliance with accounting standards and statutory requirements
· Ability to meet deadlines during month-end and year-end closings
· Professional development progress and skill acquisition
· Stakeholder satisfaction (management, auditors, regulatory authorities)
APPLICATION PROCESS
Interested candidates who meet the above qualifications should submit:
1) Cover letter expressing interest and suitability for the role
2) Detailed Curriculum Vitae
3) Copies of academic certificates and transcripts
4) Copy of National Registration Card
5) Three (3) Traceable and Verifiable professional/ academic references
Applications should be addressed to:
The Human Resources Officer
Olibul Investments Limited
P.O. Box 110475
SOLWEZI
Email: HR@olibulinvest.com , and/ or Partnerships@olibulinvest.com
Application Deadline: 30th December, 2025
