Summary
Date Posted: Monday, September 25 2023, Base Salary: Not Disclosed

JOB DETAILS:
• A private reputable financial organization that empowers clients by providing strategic financial solutions that build long-term wealth and drive economic growth is recruiting for a Chief Financial Officer (CFO) to be based at Head Office in Lusaka. The CFO will play a pivotal role in shaping our financial strategy, ensuring the organization’s financial health, and contributing to the mission of fostering economic growth among the financially disadvantaged. The CFO will provide strategic financial leadership, oversee financial operations, and drive sound fiscal decision-making. The CFO will report to the Chief Executive Officer.

The responsibilities will include;
1. Financial Strategy and Planning:
• Develop and implement the organization’s financial strategy in alignment with its mission and goals.
• Prepare annual budgets and long-term financial plans, including forecasting and scenario analysis.
• Assess and manage financial risks, ensuring the institution’s stability and sustainability.
2. Financial Management:
• Oversee all aspects of financial management, including accounting, reporting, and compliance.
• Maintain accurate financial records and ensure timely and accurate financial reporting.
• Manage liquidity, cash flow, and investment strategies to optimize financial resources.
3. Regulatory Compliance:
• Ensure compliance with all relevant financial regulations, standards, and reporting requirements.
• Liaise with regulatory bodies, auditors, and external stakeholders to address compliance matters.
4. Treasury and Capital Management:
• Manage capital resources efficiently and make recommendations for capital allocation.
• Monitor and manage the organization’s portfolio of assets and liabilities.
5. Financial Analysis and Reporting:
• Provide regular financial analysis and reports to the Board of Directors and senior management.
• Interpret financial data to support strategic decision-making and resource allocation.
6. Risk Management:
• Develop and implement risk management strategies to safeguard the institution’s assets.
• Identify and mitigate financial and operational risks effectively.
7. Team Leadership:
• Lead and mentor a high-performing finance team, fostering a culture of excellence, accountability, and teamwork.
• Collaborate with other departments to align financial goals with operational objectives.
• Any other duties assigned by the Chief Executive Officer and Executive Management Team.

Qualifications:
• Full Grade 12 Certificate.
• Bachelor’s degree in Finance, Accounting, or related field (Master’s degree preferred).
• Professional qualification such as Full CA, ACCA, CIMA, or equivalent.
• Member of Zambia Institute of Chartered Accountancy (ZICA).
• Proven experience (5+ years) in financial leadership roles within the microfinance sector or a related field.
• Strong knowledge of the finance industry regulations, accounting principles, and financial management practices.
• Exceptional strategic planning and analytical skills.
• Excellent Communication, Leadership and Management skills
• Proficiency in financial software and tools.
• Proven experience in accounting with excellent problem-solving capabilities.
• Strong analytical skills.
• High level of honesty, integrity, objectivity, and independence of thought
• Report writing skills.

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure
• Candidates interested in joining an innovative and high-performance team, and working towards doing amazing things in Microfinance, please send a CV, a cover letter, qualifications, and anything else that makes your application stand out to tawandacollins18@gmail.com  clearly indicating which position you are applying for REF: Chief Financial Officer (CFO) in the subject line. Please also send 3 reference contacts and anything else that will help your application stand out.
• If an applicant receives no response within a 30-day period, they should consider their application unsuccessful.

All Jobs

QUICK ALERT SUBSCRIPTION