Accounting finance Jobs at ABSA Group, National Pension Scheme Authority (NAPSA) ,VisionFund Zambia and other companies

JOB DETAILS:
Chief Internal Auditor
Overview
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
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Job Summary
Provide complex advice and support in the positioning of auditing operating models and frameworks in a broadly defined business functional strategy; enabling operating model, strategy and value chain formulation and alignment.

Job Description
Assurance: Proactively support the definition of the Group-wide risk profile, working effectively with colleagues across IA to ensure that the IA Audit Plan is effective, including the best use of resources, and deliver a view on the effectiveness and adequacy of risk management and controls to the AGL Chief Internal Auditor and proposing mitigating actions. | Strategy Formulation: In conjunction with CAE co-design or enhance Strategy, Target Operating Model and Structure. Accountable to ensure effective implementation. | Leadership and Management: Mentoring, coaching and sharing knowledge, actively monitor team KPIs and manage to achieve KPIs consistently, identifying and develop talent and succession plans, recruit A players and oversee team’s resources and budgets, including the management of the annual pay round and bonus processes, and actively monitor team KPIs and managing to achieve KPIs consistently. Supporting extended Executive Committee colleagues in the achievement of their own team goals. | Team work: Be part of the broad AIA leadership team, working in a collaborative manner to drive progress in leadership team to embed high performance culture | Relationship Management: Maintain a constructive and high profile relationship with relevant Executive Management, the risk management community, Governance and Control Committees and other relevant internal and external bodies, where and when appropriate. | Commercial: Lead the audit team and deliver assurance activities within the budget defined for their area, produce commentary and information for IA-wide reporting, e.g. to the Group Governance & Control Committee (GG&CC), and understand developments in and across business areas which may impact the audit plan, including changing economic, market, technology and risk environments, and use expert knowledge continuously to refocus the audit plan and define future planning direction..

Education
Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)


JOB DETAILS:
The National Pension Scheme Authority (NAPSA) wishes to recruit for the position of Head Treasury and Investments to be based at Head Office. Interested applicants who meet the required competences are encouraged to apply.
The successful candidate will be expected to have demonstrable competencies relevant to the respective job and will be offered a competitive remuneration package.

1.1 Main Purpose of Job
Reporting to the Director of Investments, the Head of Treasury and Investments’ responsibilities include providing front office functionality to the Investments Directorate. This involves preparing investment proposals and implementing investment approvals. It also involves funding all investment activities and placing all surplus funds in money and capital market instruments.
The Head of Treasury and Investments also advises the Directorate of Investments on the operationalization of the overall investment strategy and coordinates investment operations for enhanced efficiency and effectiveness in the delivery of strategic objectives.

1.2 Key Responsibilities
1. a) Front office functionality: Develop and implement the treasury and investments tactics for investing in various asset classes in accordance with NAPSA’s investment policy and investment guidelines, ensuring that all investments sections activities are aligned with the NAPSA business objectives.
2. b) Budgeting: Develop the Investment budget and work plan to ensure sufficient allocation of critical resources for the implementation of the treasury strategy.
3. c) Investment coordination: Submits investments recommendations, competitive offers in the market including forex deals, and reviews all final investments appraisals for further approval.
4. d) Policy development and review: Review treasury policies and procedures to ensure availability of guidelines that support the implementation of the section strategy within set timelines and quality standards, and to enhance compliance with the treasury regulations and laws.
5. e) Compliance: Monitor compliance with the relevant regulations and laws on treasury and investments management, to ensure minimal exposure to risks associated with noncompliance and the board is informed accordingly
6. f) Stakeholder engagement: Ensures that fund custodians and specialised fund managers are in place and their operating guidelines and reporting procedures and performance measurement systems are in place to ensure that the authority’s obtains quality services.
7. g) Performance reporting: Reviews investment monthly and quarterly performance reports, performance of all financial institutions, and investee companies, custodians, specialised asset managers dealing with NAPSA, and to safe guard members funds.

1.3 Competencies
• Financial acumen-the ability to demonstrate knowledge and insight into financial principles and processes and identify inconsistencies in data
• Superior spreadsheet skills
• Knowledge and experience investing across asset classes in a diversified investment portfolio
• Strong financial modelling skills and attention to detail
• Experience in structured finance
• Ability to apply sound business judgement and an analytical, pragmatic and creative approach to problem solving
• Proven ability to effectively and efficiently lead and manage a team and work collaboratively under pressure
• Excellent verbal and written communication skills
1.4 Qualifications and Experience
• Grade 12 Certificate with 5 ‘O’ levels with Merit or better including English and Mathematics;
• Degree in Economics/ Accounting or equivalent/ ACCA/ CIMA or equivalent business-related field;
• Master’s Degree in a business-related field is essential
• A recognized Treasury Practitioners Certificate, such as ACI, CFA or CISI is highly recommended.
• Not less than 10 years of continuous experience in Treasury and Investments roles at Management level in a reputable institution with similar size of operations.


JOB DETAILS:
Reporting to: Chief Executive Officer
Location: Head Office – Lusaka
As the Chief Finance Officer, you will be responsible for helping the institution accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of finance management, control and governance processes. The CFO coordinates, monitors and facilitates compliance with existing laws, rules and regulations. He/She also advises the Chief Executive Officer (CEO) and the Senior Leadership Team on the adequacy of the systems and risk management in Finance.

Key Responsibilities:
• Advisor to the CEO and Senior Management Team on all matters relating to finance including treasury, accounting, and administration.
• Submit timely financial returns to the BOD, senior management, regulators and other stakeholders.
• Prepare business and financial reports for Board of Directors.
• Continuous monitoring of the financial performance of the organization with emphasis in analyzing the latter’s performance as against its operational and business plans.
• Ensure proper Cash and Bank reconciliations are done daily
• Provides support to the Head Office and Branches in preparation of the business plan and preparation and monitoring of the annual operating plans and budgets.
• Ensures that branch plans are incorporated into an overall business plan and projections model.
• Establishes, reviews, and updates financial policies and procedures that are relevant and cost effective to the organization.
• Maintains the finance management manuals, including treasury, accounting and administration manuals. and ensures that all changes related to policies and procedures would be incorporated in the manual.
• Acts as a member of the procurement committee or its equivalent and furnishes the committee with the necessary information for them to make ‘sound’ viable decisions.
• Performs functions specified by the procurement committee and Asset Management in relation to establishing broad guidelines for the institution’s tolerance for risk and expectations from investment.
• Introduces measures to enhance the credibility and objectivity of financial statements and reports prepared with reference to the affairs of VisionFund Zambia.
• Measures and controls the institution’s funding requirements.
• Manage access to funds: Makes periodic assessment of liabilities and liability holders, explore borrowing arrangements.
• Ensures that there is adequate control of cash and other assets (budgetary management and control) according to laid down policies and Bank of Zambia (BoZ) regulations.
• Develops contingency plans for Vision Fund Zambia to withstand liquidity crises, and updates the contingency plans, as the need arises.
• Recommends policies or changes on policies on liquidity and funds management, and ensures timeliness, applicability, and practicality of these policies.
• Provides technical oversight to the Branch services officers in formulating and implementing the branch accounting system.
• Ensures that VisionFund Zambia maintains adequate and accurate records including balance sheet and periodic statements of income and expense.
• General oversight to ensure payroll is accurate, prompt, complete and reliable.
• Provides the finance department staff with the necessary training and other support to enable them to fulfill their duties accordingly.
• Supervise, monitors, and evaluates the work of the finance staff and provides input to the annual staff appraisal exercise.
• Ensures absolute compliance to regulations on liquidity, capital, adequacy, and provisioning as well as to reporting requirements set by BoZ and other regulators.
• Sign off all bank reconciliation daily
• Attends to inquiries, on-site or off-site, from BoZ, other regulators, and external auditors, and provides due assistance to the regulators and external auditors during inspection.
• Supervises the effective financial provision of administrative services:
• Liaises with tax authorities/consultants whenever necessary.
• Maintains insurance portfolio and ensures that all claims are settled without undue losses to the organization.
• And any other duties that may be assigned by the CEO from time to time.

Minimum qualification requirements and competencies:
• Minimum Bachelor’s Degree in Accounting, ACCA, CIMA, CA or any other relevant field.
• Master’s Degree in a related field is an added advantage.
• Must be a member of a professional body ZICA.
• At least 8 years’ experience in managing microfinance operations in an MFI or Bank setting under regulated environment.
• Determined personality with initiative, perseverance and the ability to motivate and manage a team.
• Capability and willingness to take responsibility and highly developed sense of rectitude.
• Ready to comply and live up to and in accordance with the organization
• Good knowledge in economic and financial topics.
• Good analytical and problem-solving skills.
• Must be a committed Christian, able to stand above denominational diversities.
• Attend and lead daily devotions.
• Perform other duties as required by the board or the owners.

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