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Finance Manager


  • Preparation of monthly financial reports
  • Provide supervisory roles to all Finance team members
  • Reversal and corrections of wrong postings and entries
  • Posting periodic Journals (Provisions, Accruals & salary Journals)
  • Post lifting bonus Accrued for the Month - while approval process is on. And posting actual bonus and rebates approved
  • Review GL Postings of Charges on AGO with AGO Consumption Report and book any difference arising thereon
  • Review Prepayment Schedule and post Recurring JVs on all Prepayment Balances. Ensure that new Prepayments are updated on Excel Prepayment Schedule.
  • Review Accrual & Provision List to agree to the GL. Ensure that all previous provision & accrual are still relevant while those already settled are released.
  • Post recurring entries (each entity should have list of recurring entries
  • Prepare SFP analysis (Vendor, Debtor age analysis & Related Party Transactions)
  • Preparation of balance sheet notes
  • Review of accounts in general looking out for reasonableness of figures produced by the system (SAP)
  • Make accruals for all services received but not invoiced
  • Review & Reconcile Payroll Summary Report to the GL Accounts. Note movements in Previous Month & Current Month GL Balances.
  • Review of all GL by the Accountant with CFO to confirm Completeness and Accuracy of GL Balances
  • Prepare & Submit Comments on the Net Income Statements for Review & Discussion with CFO
  • Support the analysis and evaluation of projects, initiatives and business plans to provide information for management decision-making
  • Define and document credit guidelines, policies and procedures, ensuring inculcation of best practices and ensure adequate monitoring and management of credit exposure;
  • Ensure effective utilization of financial resources to achieve cost efficiency;
  • Proactively identify risks and define and implement strategies to prevent revenue leakages;
  • Provide broad guidelines for the management of fixed assets from an accounting perspective, ensuring that organizational policies with respect to accounting for fixed assets are adhered to at all times;
  • Keep abreast of changes and updates in macroeconomic policies and advise the Chief Financial Officer,
  • Regularly update Accounting Policies and Procedures Manual and ensuring compliance with Group Policies and Procedures.
  • Prepare and submit periodic reports to Chief Financial Officer and or the Regional Chief Finance Officer
Perform any other duties as may be assigned by the Supervisor

Requirements

  • Minimum of bachelor’s degree (BSc) in Accounting/ Finance
  • Full Grade Twelve Certificate
  • Relevant professional qualification such as ACCA, CIMA among others
  • Relevant, Recognized and Accredited Professional Accounting Qualification(s) is compulsory
  • Minimum of ten (10) years progressive and relevant experience
  • Hands on experience in ERP system, preferably SAP.
  • Good understanding of micro and macro-economical indices and their impact on the business
  • Good understanding of foreign exchange operations and regulations
  • Proven experience in strategic financial planning and analysis

Benefits

  • Medical Insurance Cover
  • In-House Pension Scheme
  • Short Term Incentives (STI)
  • Life Assurance

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Zambia Jobs offered in: English