Summary
Date Posted: Monday, November 11 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Summary
The Payment Specialist will be responsible for ensuring timely and accurate disbursement of SWL and nutrition top-up funds to beneficiaries either directly or via payment service providers given that funds are made available, adhering to banking industry financial and procuring regulations and guidelines.

Duties And Responsibilities
• Ensuring timely and accurate disbursement of available SWL bi- monthly payment. nutrition top-ups to beneficiaries either directly or via payment service providers adhering to banking industry, financial and procuring regulations and guidelines,
• Preparing regular reports on payment activities, funds disbursements, and related financial transactions to provide accountability and transparency.
• Ensuring that all financial activities comply with organizational policies, local laws related to payments and anti-fraud measures and the World Bank project requirements
• Collaborating with the programme management team to monitor the budget, track expenses, and forecast future financial needs relating to beneficiary payments,
• Maintaining accurate financial records of beneficiaries’ payments and transactions for auditing purposes;
• Coordination within the PIU, other Ministry personnel and with beneficiaries where appropriate, payment service providers and other stakeholders to promote smooth payment processing and resolve any payment-related issues in a timeous manner,
• Training staff and beneficiaries where appropriate on digital payments, or cash management as needed to support the programme implementation.
• Facilitating the engagement of Payment Service Providers through training activities;
• Identifying and mitigating risks related to payment fraud, funds mismanagement, or other payment errors
• Utilizing and (to the extent possible) design the digital payment systems or platforms to promote secure and efficient payment processing

Qualification, Experience and Key Attributes
• Full Grade 12 Certificate or Equivalent.
• Bachelor’s degree in Commerce, Finance, Economics, Computing or a related field. A Master’s degree in a related field is desirable.
• At least 7 years of experience in banking, electronic money, mobile money and /or electronic payments.
• Experience working with Donor funded project or Public Sector Programme is desirable
• Knowledge in Public and Donor Financial management guidelines is desirable.
• Proven track record in budgeting, financial reporting, internal controls, and fund disbursements.
• Experience working in social protection programs is desirable. Knowledge working with digital payment platforms.
• Strong organizational, communication and leadership skills.
• Ability to manage teams and work in multidisciplinary teams.

Duration
The assignment is expected to last for an initial period of two years, with the possibility of renewal based on performance and programme needs.
Reporting
The Payment Specialist will report directly to the Assistant SWL Manager

Work Hours: 8

Experience in Months: 84

Level of Education: Bachelor Degree

Job application procedure
Expressions of interest must be delivered in hard copy to the address on or before 22 November 2024 17:00 hours to the address below.
• The Permanent Secretary- Administration
• Ministry of Education
• 89 Corner of Chimanga & Mogadishu Roads
• P.O. Box 50093,
• LUSAKA-ZAMBIA

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