Deadline of this Job: 12 August 2022
Pact is an international nonprofit that works in nearly 40 countries building solutions for human development that are evidence-based, data-driven and owned by the communities we serve. Founded in 1971, Pact works with partners to build resilience, improve accountability, and strengthen knowledge and skills for sustainable social impact.
Department
Programs – Pact strives for a world where all people are heard, capable, and vibrant. The Programs Team helps realize this objective by bridging program management, technical support, and business development, enabling Pact to achieve its global strategy. We ensure program excellence through continuous learning, monitoring and evaluation and provide organizational and industry-wide thought leadership by leveraging a complementary set of cross-functional, multi-disciplinary skills, expertise, and experiences. The Programs team: influences progressive change through the development and implementation of global and regional strategies and business plans; supports advancement of innovative solutions; pursues new business opportunities; and drives effective internal and external engagement to maximize Pact’s impact across the globe. Across all aspects of its role, the Programs Department adheres to and promotes a culture of inclusion, accountability, and respect.
Position Overview
Pact seeks an experienced Finance and Operations Director for the anticipated upcoming USAID/Zambia Integrated Health Activity (ZIHA). USAID/Zambia intends to award a contract to support the USAID and PEPFAR objectives of 95/95/95, and to provide service delivery and technical assistance to improve MNCH and FP/RH services. ZIHA will improve, sustain, and further integrate HIV/AIDS, MNCH and FP/RH services at the health facility and community levels and ensure that client-centered, high-impact, high-quality services are available to Zambians. This is anticipated to be a five-year activity. This position is contingent upon award.
Key Responsibilities
• The Finance and Operations Director will provide overall procurement, financial, operational, safety and security, and compliance support to the project.
• S/he will oversee management of sub-contracts and Grants under Contracts (GUCs).
• S/he will ensure funds expended are compliant with US government regulations and policies.
• She/he will implement fraud mitigation practices and ensure systems and processes are implemented effectively to support implementation of the award, which may be a contract or a cooperative agreement.
• S/he will initiate, develop, maintain, and revise policies and procedures for the general operation of the finance and compliance program and its related activities and to promote cost efficiency and compliance with all rules and regulations.
• S/he will identify potential areas of financial and compliance vulnerability and risk and develop or implement corrective action plans to resolve problematic issues.
• S/he will ensure proper financial documentation and reporting, establish and provide direction and management of project funds.
• S/he will lead and oversee the development, management and complete life cycle of a variety of possible procurement mechanisms, including but not limited to purchase orders, sub-contracts, and/or GUCs.
• S/he will be responsible for managing the contract budget, tracking project spending and preparing financial reports for submission to USAID.
• S/he will develop, implement, and adjust when required the project’s safety and security strategy and protocols, and serves as the point of contact for the person in charge of security at USAID for any issue related to security reports and procedures.
• S/he will mentor and supervise finance, operations, and other staff engaged in the activities noted here.
Basic Requirements
• Master’s Degree in Business Administration, Finance or Accounting or equivalent.
• At least eight years’ experience working in international development, preferable USAID-funded projects in finance, procurement, logistics, and related areas.
• At least four years’ experience in financial compliance and progressive supervisory work experience directly supervising administrative, finance, and/or operations staff.
• Demonstrable experience with management and/or administration for USAID projects, including experience managing sub-contracts and GUCs.
• Knowledge of U.S. government references including OMB Circulars (e.g. A-122), 22 CFR 226 and 22 CFR 228, ADS, FAR, AIDAR, CAS, FFATA, DSSR, and FTR.
• Experience working with Zambian local organizations.
• Experience managing USAID contracts and/or cooperative agreements.
• Knowledge of USAID rules, regulations and policies, particularly financial reporting and compliance requirements.
• Ability to travel within Zambia and occasionally internationally, when health and safety concerns regarding COVID-19 diminish.
• Proficiency in relevant computer applications and databases.
Preferred Qualifications
• Knowledge and/or experience of management of USAID GUCs.
• Experience with accounting software such as Serenic, Navigator, ERPs, ACCPAC, or others.
• Zambian nationals are encouraged to apply.
Summary of Key Responsibilities;
• Assist the Accountant by ensuring that all filing is done accurately and on a regular basis
• Provide assistance to the monthly management accounts processes
• Receive, record and process all purchase invoices
• Request and manage petty cash
• Ensure all purchase invoices have been authorised and coded before entering them onto the purchase ledger
• Assist the Accountant with the preparation of statutory payments
• Daily Posting of all sales invoices to the sales ledger and chasing up non-paying customers on a weekly basis
• Receive and process all expense claim forms and requests for payments
• Be responsible for filing, data entry, answering phones
• Processing transactions, issuing checks, and updating ledgers, budgets, etc.
• Help the Accountant to gather data for the Preparation of financial reports.
• Assisting with audits, fact checks, and resolving discrepancies
Required Skills & Personal Attributes
• Absolute attention to detail
• Analytic Skills
• Strong oral and written communication skills, with the ability to explain information in a clear and understandable way to non-finance professionals
• Strong team player, with a willingness to assist and learn from colleagues
• Ability to work in a changing and flexible organisation
• Willingness to work occasional evenings and weekends
Primary Areas of Accountability:
Qualifications and Experience
• Diploma holder in Accounting/Finance OR Level 2 of CA Zambia, ACCA/CIMA
• Must have a minimum of at least 4+ years hands on Accounting Experience in a busy and well-established organisation in the same or similar capacity.
• Must be ready to work in a multicultural environment
• Must have basic knowledge of any Pastel Accounting Package
• Must be a member of ZICA
Pact is an international nonprofit that works in nearly 40 countries building solutions for human development that are evidence-based, data-driven and owned by the communities we serve. Founded in 1971, Pact works with partners to build resilience, improve accountability, and strengthen knowledge and skills for sustainable social impact.
Department
Programs – Pact strives for a world where all people are heard, capable, and vibrant. The Programs Team helps realize this objective by bridging program management, technical support, and business development, enabling Pact to achieve its global strategy. We ensure program excellence through continuous learning, monitoring and evaluation and provide organizational and industry-wide thought leadership by leveraging a complementary set of cross-functional, multi-disciplinary skills, expertise, and experiences. The Programs team: influences progressive change through the development and implementation of global and regional strategies and business plans; supports advancement of innovative solutions; pursues new business opportunities; and drives effective internal and external engagement to maximize Pact’s impact across the globe. Across all aspects of its role, the Programs Department adheres to and promotes a culture of inclusion, accountability, and respect.
Position Overview
Pact seeks an experienced Finance and Operations Director for the anticipated upcoming USAID/Zambia Integrated Health Activity (ZIHA). USAID/Zambia intends to award a contract to support the USAID and PEPFAR objectives of 95/95/95, and to provide service delivery and technical assistance to improve MNCH and FP/RH services. ZIHA will improve, sustain, and further integrate HIV/AIDS, MNCH and FP/RH services at the health facility and community levels and ensure that client-centered, high-impact, high-quality services are available to Zambians. This is anticipated to be a five-year activity. This position is contingent upon award.
Key Responsibilities
• The Finance and Operations Director will provide overall procurement, financial, operational, safety and security, and compliance support to the project.
• S/he will oversee management of sub-contracts and Grants under Contracts (GUCs).
• S/he will ensure funds expended are compliant with US government regulations and policies.
• She/he will implement fraud mitigation practices and ensure systems and processes are implemented effectively to support implementation of the award, which may be a contract or a cooperative agreement.
• S/he will initiate, develop, maintain, and revise policies and procedures for the general operation of the finance and compliance program and its related activities and to promote cost efficiency and compliance with all rules and regulations.
• S/he will identify potential areas of financial and compliance vulnerability and risk and develop or implement corrective action plans to resolve problematic issues.
• S/he will ensure proper financial documentation and reporting, establish and provide direction and management of project funds.
• S/he will lead and oversee the development, management and complete life cycle of a variety of possible procurement mechanisms, including but not limited to purchase orders, sub-contracts, and/or GUCs.
• S/he will be responsible for managing the contract budget, tracking project spending and preparing financial reports for submission to USAID.
• S/he will develop, implement, and adjust when required the project’s safety and security strategy and protocols, and serves as the point of contact for the person in charge of security at USAID for any issue related to security reports and procedures.
• S/he will mentor and supervise finance, operations, and other staff engaged in the activities noted here.
Basic Requirements
• Master’s Degree in Business Administration, Finance or Accounting or equivalent.
• At least eight years’ experience working in international development, preferable USAID-funded projects in finance, procurement, logistics, and related areas.
• At least four years’ experience in financial compliance and progressive supervisory work experience directly supervising administrative, finance, and/or operations staff.
• Demonstrable experience with management and/or administration for USAID projects, including experience managing sub-contracts and GUCs.
• Knowledge of U.S. government references including OMB Circulars (e.g. A-122), 22 CFR 226 and 22 CFR 228, ADS, FAR, AIDAR, CAS, FFATA, DSSR, and FTR.
• Experience working with Zambian local organizations.
• Experience managing USAID contracts and/or cooperative agreements.
• Knowledge of USAID rules, regulations and policies, particularly financial reporting and compliance requirements.
• Ability to travel within Zambia and occasionally internationally, when health and safety concerns regarding COVID-19 diminish.
• Proficiency in relevant computer applications and databases.
Preferred Qualifications
• Knowledge and/or experience of management of USAID GUCs.
• Experience with accounting software such as Serenic, Navigator, ERPs, ACCPAC, or others.
• Zambian nationals are encouraged to apply.
Deadline of this Job: 12 August 2022
The Accounts Assistant will responsible for banking of cheques and the cash received and cash paid books. Maintain both cash received and cash payments book and update them on a regular basis by printing online bank statements. Perform monthly bank reconciliations at month-end, assist in the preparation of monthly payroll journal and payments to pension schemes. Summary of Key Responsibilities;
• Assist the Accountant by ensuring that all filing is done accurately and on a regular basis
• Provide assistance to the monthly management accounts processes
• Receive, record and process all purchase invoices
• Request and manage petty cash
• Ensure all purchase invoices have been authorised and coded before entering them onto the purchase ledger
• Assist the Accountant with the preparation of statutory payments
• Daily Posting of all sales invoices to the sales ledger and chasing up non-paying customers on a weekly basis
• Receive and process all expense claim forms and requests for payments
• Be responsible for filing, data entry, answering phones
• Processing transactions, issuing checks, and updating ledgers, budgets, etc.
• Help the Accountant to gather data for the Preparation of financial reports.
• Assisting with audits, fact checks, and resolving discrepancies
Required Skills & Personal Attributes
• Absolute attention to detail
• Analytic Skills
• Strong oral and written communication skills, with the ability to explain information in a clear and understandable way to non-finance professionals
• Strong team player, with a willingness to assist and learn from colleagues
• Ability to work in a changing and flexible organisation
• Willingness to work occasional evenings and weekends
Primary Areas of Accountability:
Qualifications and Experience
• Diploma holder in Accounting/Finance OR Level 2 of CA Zambia, ACCA/CIMA
• Must have a minimum of at least 4+ years hands on Accounting Experience in a busy and well-established organisation in the same or similar capacity.
• Must be ready to work in a multicultural environment
• Must have basic knowledge of any Pastel Accounting Package
• Must be a member of ZICA
Deadline of this Job: 08 August 2022
The Archdiocese of Lusaka is seeking for the services of an Accountant to join its team in one of its education institutions.
Responsibilities:
• Manage all accounting transactions
• Prepare and manage payroll
• Manage and reconcile general ledger, accounts receivable and payable
• Update and reconcile petty cash monthly
• Ensure filing of all financial documents and vouchers
• Prepare budget forecasts
• Ensure timely bank payments on monthly basis
• Ensure adherence to legal obligations with ZRA, NHIMA, NAPSA, WCCB
• Preparation of financial reports termly and yearly
• Any other duties as assigned by the supervisor.
Education, experience and licencing requirements
• Full Grade 12 certificate
• Diploma in Accountancy or equivalent
• Member of ZICA
• Computer literacy (MS office suite)
• Strong attention to detail and good analytical skills
• At least two years (2) post qualifying experience
Responsibilities
• Identifying appropriate clients
• Establishment, training and monitoring of credit groups for successful loan portfolio management.
• Preparation of loan requests and disbursement of loans
• Maintain an active and high-quality portfolio.
• Monitoring of portfolio at all times
• Daily reports and preparation of weekly activities planner.
Minimum Requirements
• Must have a full Grade 12 certificate with Credits or better including Mathematics and English.
• Certificate or Diploma or Degree in Social Work, Community Development, Agriculture, Business Administration or any other business-related courses.
• Must possess good communication skills.
• Must have good interpersonal skills.
• Must have a rider’s license
The Archdiocese of Lusaka is seeking for the services of an Accountant to join its team in one of its education institutions.
Responsibilities:
• Manage all accounting transactions
• Prepare and manage payroll
• Manage and reconcile general ledger, accounts receivable and payable
• Update and reconcile petty cash monthly
• Ensure filing of all financial documents and vouchers
• Prepare budget forecasts
• Ensure timely bank payments on monthly basis
• Ensure adherence to legal obligations with ZRA, NHIMA, NAPSA, WCCB
• Preparation of financial reports termly and yearly
• Any other duties as assigned by the supervisor.
Education, experience and licencing requirements
• Full Grade 12 certificate
• Diploma in Accountancy or equivalent
• Member of ZICA
• Computer literacy (MS office suite)
• Strong attention to detail and good analytical skills
• At least two years (2) post qualifying experience
Deadline of this Job: 05 August 2022
Are you interested to join MicroLoan Foundation Zambia? See below vacancies for your information: . Loan Officer Trainee X 3 – Northern Region (Kasama, Kapiri Mponshi, Mpika) Responsibilities
• Identifying appropriate clients
• Establishment, training and monitoring of credit groups for successful loan portfolio management.
• Preparation of loan requests and disbursement of loans
• Maintain an active and high-quality portfolio.
• Monitoring of portfolio at all times
• Daily reports and preparation of weekly activities planner.
Minimum Requirements
• Must have a full Grade 12 certificate with Credits or better including Mathematics and English.
• Certificate or Diploma or Degree in Social Work, Community Development, Agriculture, Business Administration or any other business-related courses.
• Must possess good communication skills.
• Must have good interpersonal skills.
• Must have a rider’s license
Deadline of this Job: 05 August 2022
Are you interested to join MicroLoan Foundation Zambia? See below vacancies for your information: Loan Officer Trainee X 6 – Eastern Region (Chipata, Katete, Nyimba, Chandiza, Petauke, Lundazi
Responsibilities
• Identifying appropriate clients
• Establishment, training and monitoring of credit groups for successful loan portfolio management.
• Preparation of loan requests and disbursement of loans
• Maintain an active and high-quality portfolio.
• Monitoring of portfolio at all times
• Daily reports and preparation of weekly activities planner.
Minimum Requirements
• Must have a full Grade 12 certificate with Credits or better including Mathematics and English.
• Certificate or Diploma or Degree in Social Work, Community Development, Agriculture, Business Administration or any other business-related courses.
• Must possess good communication skills.
• Must have good interpersonal skills.
• Must have a rider’s license
Are you interested to join MicroLoan Foundation Zambia? See below vacancies for your information: Loan Officer Trainee X 6 – Eastern Region (Chipata, Katete, Nyimba, Chandiza, Petauke, Lundazi
Responsibilities
• Identifying appropriate clients
• Establishment, training and monitoring of credit groups for successful loan portfolio management.
• Preparation of loan requests and disbursement of loans
• Maintain an active and high-quality portfolio.
• Monitoring of portfolio at all times
• Daily reports and preparation of weekly activities planner.
Minimum Requirements
• Must have a full Grade 12 certificate with Credits or better including Mathematics and English.
• Certificate or Diploma or Degree in Social Work, Community Development, Agriculture, Business Administration or any other business-related courses.
• Must possess good communication skills.
• Must have good interpersonal skills.
• Must have a rider’s license
Deadline of this Job: 05 August 2022
Are you interested to join MicroLoan Foundation Zambia? See below vacancies for your information: Loan Officer X 2 – Kasama
Responsibilities
• Identifying appropriate clients
• Establishment, training and monitoring of credit groups for successful loan portfolio management.
• Preparation of loan requests and disbursement of loans
• Maintain an active and high-quality portfolio.
• Monitoring of portfolio at all times
• Daily reports and preparation of weekly activities planner.
Minimum Requirements
• Must have a full Grade 12 certificate with Credits or better including Mathematics and English.
• Certificate or Diploma or Degree in Social Work, Community Development, Agriculture, Business Administration or any other business-related courses.
• Must possess good communication skills.
• Must have good interpersonal skills.
• Must have a rider’s license
To build and maintain relationships with new and existing customers with the aim of selling the Bank’s products to corporate institutions.
Key Duties & Responsibilities;
• Identifying and developing conglomerates banking relationships.
• Ensuring proper documentation throughput the credit application and availment process.
• Sourcing for and monitoring of customer’s tenured investment / facilities.
• Respond promptly and satisfactorily to customer’s daily request and complaints.
• Prepare weekly and monthly statistics/performance reports for management use.
• Monitoring of the customer’s main account regularly.
• Reconciling all transactions on customer’s accounts where and when necessary.
• Assist with the processing of customer’s letters of credit and invisible transactions.
• Initiate and carry out recovery action on non-performing credits facilities.
• Maintain comprehensive database of the customers operational records including the existing and prospective customer data.
Required Key Knowledge and Competencies;
• Must exhibit drive, aggression and passion for business development and acquisition
• Must be technology savvy
• Ability to evaluate needs of customers, and determine what products or service would best serve those needs
• Interpersonal and communications skills
• Selling and marketing skills
• Must be self-solution driven, proactive and have acceptable
• Knowledge of the business environment
• Knowledge of Internal Processes and policies of the bank
• Good understanding of financial services sector
• Strong Interpersonal skills
• Strategic Thinking
• Relationship Management
• Negotiation & Analytical skills
• Product Development
• Leadership skills
Minimum Education Qualifications
• Minimum of a first degree in a business related field from a recognized University with at least a Credit or better.
• Grade Twelve Certificate with at least Five (05) Credits of better, including Mathematics and English.
Previous Work Experience Requirements
• Minimum of three(3) years related relevant work experience in a bank.
We are 5 years old. We are 6 brand names in Zambia.
TO INSURE COMPANY’S DOCUMENTS ARE PROPERLY FILED, POSTED AND UPDATED IN THE SYSTEM:
• Prepare the tax invoice for customers, and record the date on excel
• Checking breakages, fillng reports and posting in the system
• write the check for payment, record the check that need to be deposited into bank
• Reconciliation of bank statements.
• Clearing IOU in sap Posting and Clearing invoices in sap
• Complete other tasks arranged by the department manager
Education and qualifications
• Bachelors Degree in Banking and Finance
• 20-30 years of Age
• Recent Graduate
• 1 year related job experience
The United Nations Capital Development Fund (UNCDF) makes public and private finance work for the poor in the world’s 46 least developed countries. With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources to reduce poverty and support local economic development. UNCDF’s financing models work through three channels: inclusive digital economies, connecting individuals, households, and small businesses with financial eco-systems that catalyze participation in the local economy, and provide tools to climb out of poverty and manage financial lives; local development finance, that capacitates localities through fiscal decentralization, innovative municipal finance, and structured project finance to drive local economic expansion and sustainable development; and investment finance, that provides catalytic financial structuring, de-risking, and capital deployment to drive SDG impact and domestic resource mobilization.
SMEs play an important role in Zambia’s economy, contributing significantly to GDP, employment, and the private sector. Despite their important role, SMEs face challenges in operating and growing their businesses. SMEs therefore are an important target group for UNCDF’s activities. UNCDF is setting up a loan guarantee and technical assistance facility in collaboration with the Swedish International Development Cooperation Agency (SIDA) and the Embassy of Sweden in Zambia. The objectives of the facility are;
• To scale up SME financing significantly and on a sustainable basis in Zambia. This includes financing for SMEs in sectors such as digital-first enterprises, renewable energy companies, agriculture sector, water and sanitation sector, women-owned enterprises, eco-tourism, and nature conservation.
• Improve the capacity of commercial banks to better serve SMEs, particularly through digital approaches.
• Support SMEs to run their businesses better and more efficiently using digital tools.
• Support the SME ecosystem in Zambia, including policy makers and regulators, in improving the operating and financing environment for small businesses.
Duties and Responsibilities
The Loan Guarantees Operations Officer will work closely to evaluate, analyze, and process loan guarantees (portfolio and individual) extended to respective financial institutions for their SME financing activities, and will cover the end-to-end guarantee issuance and administration activities. The incumbent will take on a variety of strategic responsibilities helping shape UNCDF Zambia’s loan, guarantees, and technical assistance operations.
The scope of work covers the following functional areas:
A. Onboarding of prospective financial institutions on to the guarantee programme:
• Performing independent, forward-looking appraisal of current and prospective financial institutions in compliance with UNCDF onboarding processes;
• To collaborate and ensure an in-depth understanding of the financial institution’s lending portfolio placed under guarantee, through regular value-adding interaction to effectively meet their needs.
B. Relationship management with financial institutions:
• Ensure utilization of the guarantee facilities by having adequate knowledge of the financial institution’s SME finance products, processes and procedures;
• Proactively identify and address challenges in the guarantee utilization process;
• Explore opportunities to deepen collaboration with the financial institutions.
C. Monitoring of the guarantee facility:
• Conduct periodic monitoring of the financial institution’s guarantees portfolio to ensure compliance with the set eligibility criteria, guarantee agreements, and UNCDF’s standards;
• Ensure that guarantee portfolio monitoring reports submitted by the financial institutions to UNCDF are timely, accurate, consistent, and accurate.
D. Technical assistance to financial institutions:
• By having a deep understanding of the financial institution’s SME finance products, processes and procedures, carrying out needs assessment, and through continuous partner engagement, the Loan Guarantees Operations Officer will identify areas for technical assistance/capacity development for the financial institution:
• Actively participate in the design, delivery, and monitoring of technical assistance / capacity development programmes for financial institutions.
E. Guarantee claims management:
• Receive guarantee claim requests from financial institutions and conduct initial checks / verification of the claim information in compliance with UNCDF internal guidelines;
• Provide support as required during the guarantee claims analysis, approval, and payment process.
F. Direct investment / debt financing activities:
• Generate pipeline for potential direct investment by UNCDF through its various funding vehicles;
• Carry out investment appraisal activities, prepare assessment and due diligence memos, and participate in investment committee meetings;
• Carry out post-investment monitoring activities.
Institutional Arrangements
The Loan Guarantees Operations Officer will work under the direct supervision of the Guarantees and Investments Expert in Zambia.
Competencies
Core Competencies
Achieve Results: LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact.
Think Innovatively: LEVEL 3: Proactively mitigate potential risks, develop new ideas to solve complex problems.
Learn Continuously: LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences
Adapt with Agility: LEVEL 3: Proactively initiate and champion change, manage multiple competing demands
Act with Determination: LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results
Engage and Partner: LEVEL 3: Political savvy, navigate complex landscape, champion inter-agency collaboration
Enable Diversity and Inclusion: LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity
Cross-Functional Competencies
Business Direction & Strategy
• Business Acumen
o Ability to understand and deal with a business situation in a manner likely to lead to a good outcome;
o Knowledge and understanding of the operational frameworks in the organization and ability to make good judgements and quick decisions within such frameworks.
• Negotiation and Influence
o Ability to reach an understanding, persuade others, resolve points of difference, gain advantage in the outcome of dialogue, negotiate mutually acceptable solutions through compromise and create ‘win-win’ situations.
Business Development
• Human-centered design
o Ability to develop solutions to problems by involving the human perspective in all steps of the problem-solving process.
Business Management
• Integration within the UN
o Ability to identify and integrate capacity and assets of the UN system and engage in joint work; knowledge of the UN system and ability to apply this knowledge to strategic and/or practical situations.
• Results-based Management
o Ability to manage programmes and projects with a focus on improved performance and demonstrable results.
• Communication
o Ability to communicate in a clear, concise, and unambiguous manner through both written and verbal communication; to tailor messages and choose communication methods depending on the audience.
• Partnerships Management
o Ability to build and maintain partnerships with a wide network of stakeholders, governments, civil society and private sector partners, experts, and others in line with internal strategy and policies.
Required Skills and Experience
Education:
• Master’s degree in Economics, Finance, Public/Business Administration, or a related discipline or;
• Bachelor’s degree in the related filed with additional 2 years of relevant experience will be given due consideration in lieu of the Master’s degree.
Experience:
• Minimum of 7 years with Master’s degree or 9 years with Bachelor’s degree of progressive relevant professional experience, relating to loan/credit guarantee operations and/or lending to the MSME sector;
• Different types of credit guarantee/loan guarantees/risk sharing mechanisms;
• SME finance, preferably within a financial institution (commercial bank, microfinance institution, investment fund, etc.).
• Credit/investment appraisal and evaluation;
• Financial analysis and financial modelling;
• Credit risk management;
• Design and implementation of technical assistance/capacity development programmes for financial institutions;
• A self-starter with strong internal motivation, able to set up systems and procedures in a ‘start up’ environment;
• Flexibility: readily adapts to change, new products, systems, methods, and products;
• Effective communication skills, written and oral;
• Demonstrated ability to meet aggressive deadlines per business demands, and ability to change work schedule to accommodate competing priorities.
Language:
• Fluency in English, with excellent writing, verbal communication, and presentation skills.
Disclaimer
Applicant information about UNDP rosters
Note: UNDP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
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Are you interested to join MicroLoan Foundation Zambia? See below vacancies for your information: Loan Officer X 2 – Kasama
Responsibilities
• Identifying appropriate clients
• Establishment, training and monitoring of credit groups for successful loan portfolio management.
• Preparation of loan requests and disbursement of loans
• Maintain an active and high-quality portfolio.
• Monitoring of portfolio at all times
• Daily reports and preparation of weekly activities planner.
Minimum Requirements
• Must have a full Grade 12 certificate with Credits or better including Mathematics and English.
• Certificate or Diploma or Degree in Social Work, Community Development, Agriculture, Business Administration or any other business-related courses.
• Must possess good communication skills.
• Must have good interpersonal skills.
• Must have a rider’s license
Deadline of this Job: 10 August 2022
Job Objectives To build and maintain relationships with new and existing customers with the aim of selling the Bank’s products to corporate institutions.
Key Duties & Responsibilities;
• Identifying and developing conglomerates banking relationships.
• Ensuring proper documentation throughput the credit application and availment process.
• Sourcing for and monitoring of customer’s tenured investment / facilities.
• Respond promptly and satisfactorily to customer’s daily request and complaints.
• Prepare weekly and monthly statistics/performance reports for management use.
• Monitoring of the customer’s main account regularly.
• Reconciling all transactions on customer’s accounts where and when necessary.
• Assist with the processing of customer’s letters of credit and invisible transactions.
• Initiate and carry out recovery action on non-performing credits facilities.
• Maintain comprehensive database of the customers operational records including the existing and prospective customer data.
Required Key Knowledge and Competencies;
• Must exhibit drive, aggression and passion for business development and acquisition
• Must be technology savvy
• Ability to evaluate needs of customers, and determine what products or service would best serve those needs
• Interpersonal and communications skills
• Selling and marketing skills
• Must be self-solution driven, proactive and have acceptable
• Knowledge of the business environment
• Knowledge of Internal Processes and policies of the bank
• Good understanding of financial services sector
• Strong Interpersonal skills
• Strategic Thinking
• Relationship Management
• Negotiation & Analytical skills
• Product Development
• Leadership skills
Minimum Education Qualifications
• Minimum of a first degree in a business related field from a recognized University with at least a Credit or better.
• Grade Twelve Certificate with at least Five (05) Credits of better, including Mathematics and English.
Previous Work Experience Requirements
• Minimum of three(3) years related relevant work experience in a bank.
Deadline of this Job: 12 August 2022
Accounts Officer We are 5 years old. We are 6 brand names in Zambia.
TO INSURE COMPANY’S DOCUMENTS ARE PROPERLY FILED, POSTED AND UPDATED IN THE SYSTEM:
• Prepare the tax invoice for customers, and record the date on excel
• Checking breakages, fillng reports and posting in the system
• write the check for payment, record the check that need to be deposited into bank
• Reconciliation of bank statements.
• Clearing IOU in sap Posting and Clearing invoices in sap
• Complete other tasks arranged by the department manager
Education and qualifications
• Bachelors Degree in Banking and Finance
• 20-30 years of Age
• Recent Graduate
• 1 year related job experience
Deadline of this Job: 17 August 2022
Background The United Nations Capital Development Fund (UNCDF) makes public and private finance work for the poor in the world’s 46 least developed countries. With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources to reduce poverty and support local economic development. UNCDF’s financing models work through three channels: inclusive digital economies, connecting individuals, households, and small businesses with financial eco-systems that catalyze participation in the local economy, and provide tools to climb out of poverty and manage financial lives; local development finance, that capacitates localities through fiscal decentralization, innovative municipal finance, and structured project finance to drive local economic expansion and sustainable development; and investment finance, that provides catalytic financial structuring, de-risking, and capital deployment to drive SDG impact and domestic resource mobilization.
SMEs play an important role in Zambia’s economy, contributing significantly to GDP, employment, and the private sector. Despite their important role, SMEs face challenges in operating and growing their businesses. SMEs therefore are an important target group for UNCDF’s activities. UNCDF is setting up a loan guarantee and technical assistance facility in collaboration with the Swedish International Development Cooperation Agency (SIDA) and the Embassy of Sweden in Zambia. The objectives of the facility are;
• To scale up SME financing significantly and on a sustainable basis in Zambia. This includes financing for SMEs in sectors such as digital-first enterprises, renewable energy companies, agriculture sector, water and sanitation sector, women-owned enterprises, eco-tourism, and nature conservation.
• Improve the capacity of commercial banks to better serve SMEs, particularly through digital approaches.
• Support SMEs to run their businesses better and more efficiently using digital tools.
• Support the SME ecosystem in Zambia, including policy makers and regulators, in improving the operating and financing environment for small businesses.
Duties and Responsibilities
The Loan Guarantees Operations Officer will work closely to evaluate, analyze, and process loan guarantees (portfolio and individual) extended to respective financial institutions for their SME financing activities, and will cover the end-to-end guarantee issuance and administration activities. The incumbent will take on a variety of strategic responsibilities helping shape UNCDF Zambia’s loan, guarantees, and technical assistance operations.
The scope of work covers the following functional areas:
A. Onboarding of prospective financial institutions on to the guarantee programme:
• Performing independent, forward-looking appraisal of current and prospective financial institutions in compliance with UNCDF onboarding processes;
• To collaborate and ensure an in-depth understanding of the financial institution’s lending portfolio placed under guarantee, through regular value-adding interaction to effectively meet their needs.
B. Relationship management with financial institutions:
• Ensure utilization of the guarantee facilities by having adequate knowledge of the financial institution’s SME finance products, processes and procedures;
• Proactively identify and address challenges in the guarantee utilization process;
• Explore opportunities to deepen collaboration with the financial institutions.
C. Monitoring of the guarantee facility:
• Conduct periodic monitoring of the financial institution’s guarantees portfolio to ensure compliance with the set eligibility criteria, guarantee agreements, and UNCDF’s standards;
• Ensure that guarantee portfolio monitoring reports submitted by the financial institutions to UNCDF are timely, accurate, consistent, and accurate.
D. Technical assistance to financial institutions:
• By having a deep understanding of the financial institution’s SME finance products, processes and procedures, carrying out needs assessment, and through continuous partner engagement, the Loan Guarantees Operations Officer will identify areas for technical assistance/capacity development for the financial institution:
• Actively participate in the design, delivery, and monitoring of technical assistance / capacity development programmes for financial institutions.
E. Guarantee claims management:
• Receive guarantee claim requests from financial institutions and conduct initial checks / verification of the claim information in compliance with UNCDF internal guidelines;
• Provide support as required during the guarantee claims analysis, approval, and payment process.
F. Direct investment / debt financing activities:
• Generate pipeline for potential direct investment by UNCDF through its various funding vehicles;
• Carry out investment appraisal activities, prepare assessment and due diligence memos, and participate in investment committee meetings;
• Carry out post-investment monitoring activities.
Institutional Arrangements
The Loan Guarantees Operations Officer will work under the direct supervision of the Guarantees and Investments Expert in Zambia.
Competencies
Core Competencies
Achieve Results: LEVEL 3: Set and align challenging, achievable objectives for multiple projects, have lasting impact.
Think Innovatively: LEVEL 3: Proactively mitigate potential risks, develop new ideas to solve complex problems.
Learn Continuously: LEVEL 3: Create and act on opportunities to expand horizons, diversify experiences
Adapt with Agility: LEVEL 3: Proactively initiate and champion change, manage multiple competing demands
Act with Determination: LEVEL 3: Think beyond immediate task/barriers and take action to achieve greater results
Engage and Partner: LEVEL 3: Political savvy, navigate complex landscape, champion inter-agency collaboration
Enable Diversity and Inclusion: LEVEL 3: Appreciate benefits of diverse workforce and champion inclusivity
Cross-Functional Competencies
Business Direction & Strategy
• Business Acumen
o Ability to understand and deal with a business situation in a manner likely to lead to a good outcome;
o Knowledge and understanding of the operational frameworks in the organization and ability to make good judgements and quick decisions within such frameworks.
• Negotiation and Influence
o Ability to reach an understanding, persuade others, resolve points of difference, gain advantage in the outcome of dialogue, negotiate mutually acceptable solutions through compromise and create ‘win-win’ situations.
Business Development
• Human-centered design
o Ability to develop solutions to problems by involving the human perspective in all steps of the problem-solving process.
Business Management
• Integration within the UN
o Ability to identify and integrate capacity and assets of the UN system and engage in joint work; knowledge of the UN system and ability to apply this knowledge to strategic and/or practical situations.
• Results-based Management
o Ability to manage programmes and projects with a focus on improved performance and demonstrable results.
• Communication
o Ability to communicate in a clear, concise, and unambiguous manner through both written and verbal communication; to tailor messages and choose communication methods depending on the audience.
• Partnerships Management
o Ability to build and maintain partnerships with a wide network of stakeholders, governments, civil society and private sector partners, experts, and others in line with internal strategy and policies.
Required Skills and Experience
Education:
• Master’s degree in Economics, Finance, Public/Business Administration, or a related discipline or;
• Bachelor’s degree in the related filed with additional 2 years of relevant experience will be given due consideration in lieu of the Master’s degree.
Experience:
• Minimum of 7 years with Master’s degree or 9 years with Bachelor’s degree of progressive relevant professional experience, relating to loan/credit guarantee operations and/or lending to the MSME sector;
• Different types of credit guarantee/loan guarantees/risk sharing mechanisms;
• SME finance, preferably within a financial institution (commercial bank, microfinance institution, investment fund, etc.).
• Credit/investment appraisal and evaluation;
• Financial analysis and financial modelling;
• Credit risk management;
• Design and implementation of technical assistance/capacity development programmes for financial institutions;
• A self-starter with strong internal motivation, able to set up systems and procedures in a ‘start up’ environment;
• Flexibility: readily adapts to change, new products, systems, methods, and products;
• Effective communication skills, written and oral;
• Demonstrated ability to meet aggressive deadlines per business demands, and ability to change work schedule to accommodate competing priorities.
Language:
• Fluency in English, with excellent writing, verbal communication, and presentation skills.
Disclaimer
Applicant information about UNDP rosters
Note: UNDP reserves the right to select one or more candidates from this vacancy announcement. We may also retain applications and consider candidates applying to this post for other similar positions with UNDP at the same grade level and with similar job description, experience and educational requirements.
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