Accountant job at Zambia International Trade Fair Trust
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403 Days Ago
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Vacancy title:
Accountant

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

Jobs at:

Zambia International Trade Fair Trust

Deadline of this Job:
Thursday, April 18 2024 

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

Summary
Date Posted: Thursday, March 28 2024, Base Salary: Not Disclosed

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Learn more about Zambia International Trade Fair Trust
Zambia International Trade Fair Trust jobs in Zambia

JOB DETAILS:
Duties and Responsibilities
Reporting to the Finance Manager, the incumbent will be responsible for:
1. Management Reporting
Production of accurate Monthly/ Quarterly and yearly Management Accounts including Income Statement/Balance and Cashflow statements.

2. Accounts Payable
• Efficient Supply chain management by ensuring all Supplier invoices are collected, verified and posted in the accounting system in a timely manner.
• Check that invoices received from suppliers are linked to Purchase orders and proper procurement policy was followed.
• Ensure that all Supplier invoices are posted to the correct General Ledger Accounts,
• Monitor invoices by using the invoice monitoring tool file.
• Check invoices for Tax compliance before sending to shared Service e.g. TPIN Quantities and Unit Price, Tax Rates, etc.
• Indicate on invoices if VAT claimable, and if needed GL account, Cost Centre
• Check the transactions after posting to ensure accuracy.
• Check weekly that invoices are captured in Pastel.
• Ensure that maximum vendors are paid at least twice a month and check that the clearing process is done.
• Produce Creditor ageing reports from Pastel for month end analysis ensuring there is no debit balances or otherwise justified.
• Support financial decision-making by ensuring that Payables position of the Trust is always correct, and all queries are resolved without delay.
• Supports finance unit to meet reporting deadlines by ensuring completeness of posting of suppliers and creditors invoices including accruals.

3. Accounts Receivable
• Post customer invoices for ZITFT products and services in the Accounting System in a timely manner and to the correct General ledger Accounts.
• Check that invoices are posted with all fields included e.g. TPIN, applicable Taxes, correct period, correct quantities, correct description, unit Price, etc.
• Ensure that Invoices have valid supporting documentation such as Customer LPOS/Contracts etc.
• Carry out posting of customer receipts immediately payments are received.
• Ensure that statements are sent to customers in time.
• Ensure reconciliation of customers’ accounts are done, approved and properly filed.
• Produce debtor ageing reports from Pastel for month end analysis ensuring there is no credit balances or otherwise justified.
• Assist Marketing Team in collection of receivables and ensure there is no balance more than 30 days overdue.
4. VAT
• Ensure that all vat files (input/output) including supporting documents are collected/filed by 14th of every month.
• Ensure that input and output VAT is reconciled monthly, VAT Returns filed monthly, and payments made were necessary.
• Ensure that all VAT claims are valid to avoid being disallowed by ZRA.
• Establish connections with local tax authority to assist in resolving any challenges faced.
5. Cash Books posting/ Bank Reconciliations
• Posting all receipts promptly using the receipt module and issuing official receipts for all monies received.
• Ensure that receipts are captured in the Cash Books and the Receipt Control Account is cleared/ balanced off every month.
• Ensure that Bank reconciliations are done monthly and resolve the reconciling items before the close of the next month.
• Ensure that all petty cash is authorized before issue, posted to correct general ledgers and accounted for before the next reimbursement is done.

6. Fixed Assets management
• Ensure that approvals are obtained for additions and Disposals of Fixed Assets and supporting documentation filed.
• Monthly update of fixed Assets registers to ensure correctness of Fixed Assets values in the Books of Accounts
• Carry out Asset Verification to ensure completeness and confirmation of existence of all assets.
• Ensure Fixed Asset Register reconciles to PASTEL listing of Assets and Management Reporting

7. Other Functions
• Coordinate tasks between Marketing & Finance Department
• Assume backup for petty cash management.
• Actively participate in Tax compliance

8. Qualifications and requirements
1. Grade (12) Twelve Certificate (with good grades in Mathematics and English)
2. Full ACCA/ CIMA/ZICA/ bachelor’s degree in accountancy.
3. Minimum 4 years’ experience in a similar role
4. Must be proficient with Pastel Accounting System
5. Proficient at submission of Monthly Statutory and Tax Returns
6. Be a fully registered and paid Member of ZICA
7. Team player
8. Concern for Accuracy
9. Adaptability and Flexibility
10. Results orientated.
11. Able to work under minimum supervision.

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:

Job application procedure
• Interested applicants should submit their Cover Letter, detailed Curriculum Vitae and Certificates IN A SINGLE DOCUMENT to hr@zitf.org.zm  before 5th April 2024 clearly stating in the subject line the POSITION they are applying for.
• Only shortlisted candidates will be contacted.

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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: Thursday, April 18 2024
Duty Station: Lusaka
Posted: 28-03-2024
No of Jobs: 1
Start Publishing: 28-03-2024
Stop Publishing (Put date of 2030): 28-03-2066
Apply Now

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  • SELECT SUM(CASE WHEN `a`.`next_execution` <= :now THEN 1 ELSE 0 END) AS due_count,SUM(CASE WHEN `a`.`locked` IS NULL THEN 0 ELSE 1 END) AS locked_count FROM `icop0_scheduler_tasks` AS `a` WHERE `a`.`state` = 1158μs1.68KBParams/administrator/components/com_scheduler/src/Model/TasksModel.php:466Copy
  • SELECT * FROM `icop0_extensions` WHERE `element` = 'com_gsd' AND `type` = 'component'211μs3.78KB/plugins/system/nrframework/NRFramework/Extension.php:160Copy
  • SHOW FULL COLUMNS FROM `icop0_gsd_config`338μs1.92KB/libraries/vendor/joomla/database/src/Mysqli/MysqliDriver.php:625Copy
  • SELECT * FROM `icop0_gsd_config` WHERE `name` = 'config'86μs912B/libraries/src/Table/Table.php:755Copy
  • SELECT a.* FROM icop0_gsd a WHERE a.state = 1 AND a.plugin = 'menus' AND a.appview IN ('menus','*') ORDER BY a.id desc190μs2.08KB/libraries/src/MVC/Model/BaseDatabaseModel.php:166Copy
  • SHOW FULL COLUMNS FROM `icop0_users`399μs2.2KB/libraries/vendor/joomla/database/src/Mysqli/MysqliDriver.php:625Copy
  • SELECT * FROM `icop0_users` WHERE `id` = :userid136μs4.41KBParams/libraries/src/Table/User.php:104Copy
  • SELECT `g`.`id`,`g`.`title` FROM `icop0_usergroups` AS `g` INNER JOIN `icop0_user_usergroup_map` AS `m` ON `m`.`group_id` = `g`.`id` WHERE `m`.`user_id` = :muserid152μs1.68KBParams/libraries/src/Table/User.php:132Copy
  • SELECT * FROM icop0_jmap_headings WHERE `linkurl` = 'https://www.greatzambiajobs.com/jobs/job-detail/job-Accountant-job-at-Zambia-International-Trade-Fair-Trust-58272'118μs1.05KB/plugins/system/jmap/jmap.php:1135Copy
  • SELECT `original_text`, `target_text`, `original_text_regex`, `target_text_regex` FROM `icop0_jmap_text_replacements` WHERE `published` = 197μs1008B/plugins/system/jmap/jmap.php:508Copy
  • SELECT `value` FROM icop0_acym_configuration WHERE `name` LIKE "%regacy" OR `name` LIKE "%\_sub"376μs856B/plugins/system/acymtriggers/acymtriggers.php:430Copy
  • SHOW TABLES1.11ms8.82KB/libraries/vendor/joomla/database/src/Mysqli/MysqliDriver.php:678Copy
  • SELECT * FROM icop0_acym_plugin115μs2.14KB/administrator/components/com_acym/libraries/joomla/database.php:36Copy
  • SELECT * FROM icop0_acym_plugin99μs2.14KB/administrator/components/com_acym/libraries/joomla/database.php:36Copy
  • SELECT `groups`.*, `groups`.title AS text, `groups`.id AS `value` FROM icop0_usergroups AS `groups`126μs1.36KB/administrator/components/com_acym/libraries/joomla/database.php:36Copy
  • SELECT configvalue FROM `icop0_js_job_config` WHERE configname = 'company_seo'94μs856B/components/com_jsjobs/models/configurations.php:103Copy
  • SELECT * FROM `icop0_js_job_config` WHERE configfor = 'jobsharing'247μs1.02KB/components/com_jsjobs/models/configurations.php:82Copy
  • SELECT name AS col FROM `icop0_js_job_companies` WHERE id = 292995μs856B/components/com_jsjobs/models/company.php:1832Copy
  • SELECT `session_id` FROM `icop0_session` WHERE `session_id` = ?191μs1.63KBParams/libraries/vendor/joomla/session/src/Handler/DatabaseHandler.php:291Copy
  • UPDATE `icop0_session` SET `data` = ? , `time` = ? WHERE `session_id` = ?722μs912BParams/libraries/vendor/joomla/session/src/Handler/DatabaseHandler.php:318Copy