Group Accountant job at Zambian Company
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234 Days Ago
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Vacancy title:
Group Accountant

[ Type: FULL TIME , Industry: Business Management and Administration , Category: Accounting & Finance ]

Jobs at:

Zambian Company

Deadline of this Job:
Tuesday, December 05 2023 

Duty Station:
Within Zambia , Lusaka, South - Central Africa

Date Posted: Thursday, November 23 2023, Base Salary: Not Disclosed

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Learn more about Zambian Company
Zambian Company jobs in Zambia

• The Job Purpose of the Group Accountant is to ensure financial health of the Group Company and its subsidiaries to determine the financial business metrics to lead the Group towards profitability. Specifically, to undertake all aspects of financial management, including accounting, regulatory and financial reporting, budget and forecasts preparation, development and implementation of internal control policies and procedures.

About the Role and Responsibilities:
1. Revenue Collection
• Oversee the Accounts Receivables management enforcing the AR policy to ensure that all accounts are current.
2. Budgeting and Financial Planning
• Lead and facilitate the annual budgeting process, coordinating input from across all subsidiaries
• Prepare and monitor performance against forecasts and budgets
• Execute monthly cash-flow planning (account receivable collections, accounts payables and payments/disbursements
• Oversee and maintain budgetary control to ensure effective revenue management, cost management (value for money) and providing financial advice and commercial in-sights to the Group Directors
• Support the Finance Director in financial planning, board reporting and building of business pro-forma/financial projections
3. Financial Control and Accounting
• Responsible for timely monthly/quarterly/annual closing of all accounts
• Ensure timely and accurate posting, balancing and reconciliations of the general ledger
• Ensure monthly reconciliation of bank accounts, cash, sales and all inventories
• Ensure that all proper procedures have been followed approvals have been obtained for financial transactions
• Ensure all cash/credit sales transactions are timely recorded in the accounting system
• Manage all aspects of cost accounting (including landed cost accounting) and inventory control for subsidiaries
• Develop, implement and review business processes, procedures and accounting policies to maintain and strengthen internal controls over cash/bank, inventory, inter-company transactions, accounts receivables, accounts payables, payments and reporting
4. Reporting and Audit Management
• Produce monthly/quarterly financial reports providing variance analysis and in-depth understanding of the key drivers of the business performance.
• Leading and coordinating the annual external audit to meet reporting deadlines
• Research technical accounting issues for compliance (IFRS, IAS standards)
5. Compliance and Banking
• Manage relationships with the Company’s banks and ensure needs are met on a timely basis
• Accountable for full tax and regulatory compliance of the business (Statutory returns, Corporate Tax, PAYE, NHIMA, VAT, WHT, etc.)

• 5+ years of experience in the Finance department in a similar role which operates in multiple locations and in dual currencies
• Degree in Accounting or Finance
• Required professional qualification ACCA, CIMA or equivalent
• Thorough knowledge of accounting principles and procedures including IFRS and IASs.
• Demonstrable experience with preparing financial statements, management accounting (costing, unit economics)
• Demonstrated experience with complex budgets and forecasts prepared in Excel and daily and monthly monitoring of actual vs. budget.
• High levels of proficiency in Excel, Word and PowerPoint
• Excellent accounting software experience. Quick-books is a distinct advantage
• Strong focus on controls and processes and high attention to detail
• Strong communication skills for engaging with business partners and ensuring processes are being followed
• Strong people manager who can evidence experience in leading, mentoring, and providing clear guidance to junior finance staff
• Confidence to challenge senior opinions and maintain positive working relationships

Work Hours: 8

Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure
• Please state your salary and benefits expectation
• To apply for this job email your details to 

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Job Info
Job Category: Accounting/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: Tuesday, December 05 2023
Duty Station: Lusaka
Posted: 23-11-2023
No of Jobs: 1
Start Publishing: 23-11-2023
Stop Publishing (Put date of 2030): 23-11-2066
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