Summary
Date Posted: Friday, June 02 2023, Base Salary: Not Disclosed

JOB DETAILS:
We’re in the business of planning for tomorrow. The never-ending pursuit of meticulously crafting our clients’ futures. We do this by truly appreciating the value of money and turning the materials we’re given into something more. It’s our trade and it is something we are passionate about. It’s what makes us Live with Confidence. Sanlam Life Insurance Zambia Limited seeks to recruit qualified and experienced professionals in the following vacancy:

Job Summary
Reporting to the Chief Financial Officer – The role of the Finance Manager – Financial Reporting & Control is to design and use performance measurement systems for external reporting and internal management to create a more effective environment.

Purpose of the role
• Supervise the daily management & maintenance of Salam Zambia’s general ledger.
• Review of monthly journals for accruals, provisions, and amortization of expenses
• Monitoring and review of monthly balance sheet schedules and reconciliations
• Review monthly reconciliation with business and operations.
• Review and sign off of uploaded reconciliations and support documentation on Blackline online reconciliation tool.
• Management and maintenance of SLIZ’s Fixed Assets Register
• Co-ordinate the period fixed assets verification exercise
• Computation of the monthly Expected Credit Loss
• Manage risk and compliance deliverables for Finance.
• Co-ordination of internal and external audits
• Preparation of annual financial statements

Main Duties/Responsibilities
• Support the production of consolidated financial statements for the Sanlam Life Insurance Zambia Limited annual reports and accounts and interim statements.
• Support for the preparation of the Audit Committee papers for meetings held throughout the year where necessary.
• Lead the month-end processes for Sanlam Life Insurance Zambia Limited, delivering monthly balance sheet and cashflow reporting, along with insights and commentary for the intended audience.
• Lead contact for the external and Internal audit to facilitate the provision of information to auditors as required.
• Support in the review and production of regulatory reporting, including PIA, BOZ, NAPSA.
• Continuously review and improve the control and process environment of the business.
• Mentor and develop other team members, providing strong leadership and motivation within this team and the wider finance team.
• Reviewing Financial Statements for compliance with the accounting standards and company policies.
• Monitoring trends in accounting standards to ensure that financial reports and prepared according to current requirements.
• Build excellent working relationships with key stakeholders, both internal and external.
• Establishing policies and procedures for internal controls over financial reporting to ensure that financial information is reliable and free from material misstatements.
• Monitoring financial markets to identify potential risks to the company’s financial statements disclosure.
• Working with external auditors to prepare an annual audit plan and coordinate audit activities.
• Carries out any other assignments as delegated by supervisor.

Minimum qualifications and experience.
• Grade 12 (or equivalent)
• Full Professional qualification ACCA, CIMA, ZICA, CA Zambia or equivalent) a bachelor’s degree in accountancy will be an added advantage.
• Member of ZICA
• Minimum of five (5) year’s relevant experience in a Multinational, highly performance driven culture environment in financial services and/or a senior Auditing House.
• Minimum of 5 years in the financial services industry at supervisory level
• Experience with external financial reporting, including preparation of statutory financial statements.
• Experience working with a regulated entity will be advantageous.

Work Hours: 8

Experience in Months: 60

Level of Education: Professional Certificate

Job application procedure
Interested candidates who meet the minimum qualifications should apply to the Executive Head of Human Capital, Sanlam Life Insurance Zambia Limited, Zenera House, Corner Lagos and Lubuto Roads P.O. Box 31991, Lusaka Zambia or email to vacancies@sanlam.co.zm  not later than 15th June 2023
Only shortlisted candidates will be contacted.


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