Summary
Date Posted: Wednesday, September 06 2023, Base Salary: Not Disclosed

JOB DETAILS:
We are a proud representative of Kestria, the world’s largest alliance of boutique executive search firms in Zambia. Kestria’s reach currently spans 40+ countries and 90+ cities and counting. What sets us apart is our shared entrepreneurial spirit and drive to deliver excellence in executive search. We assist clients to achieve their commercial objectives in the most effective and efficient way possible while maintaining the highest level of advisory.

Our client in the manufacturing industry is seeking a Finance Manager to join their team. The ideal candidate will play a crucial role in overseeing the financial operations of the firm. You will be responsible for managing and coordinating various aspects of financial activities, including payment processing for supplies and accounts payable. Your expertise will contribute to the efficient and accurate management of financial transactions, ensuring compliance with company policies and industry regulations.

Key Responsibilities
• Collaborate with procurement and supply chain teams to review purchase orders and supplier agreements.
• Verify the accuracy of supplier invoices against purchase orders and contracts.
• Process payments for supplies, ensuring timely and accurate disbursement while optimising cash flow.
• Maintain clear communication with suppliers regarding payment timelines and address any discrepancies.
• Supervise the accounts payable team to ensure timely recording and processing of vendor invoices and expense claims.
• Review and approve invoices for payment, verifying coding, documentation, and appropriate authorisation.
• Monitor accounts payable aging reports to manage outstanding balances and prioritise payments accordingly.
• Prepare regular financial reports related to supply payments and accounts payable, highlighting trends, discrepancies, and potential areas for improvement.
• Collaborate with the finance and accounting teams to ensure accurate and timely month-end and year-end close processes.
• Develop and enforce internal control procedures related to supply payments and accounts payable to prevent fraud and errors.
• Ensure compliance with company policies, industry regulations, and relevant accounting standards.
• Assist in external audits by providing necessary documentation and explanations related to supply payments and accounts payable processes.
• Cultivate strong relationships with key suppliers and vendors, addressing any concerns or inquiries related to payments.
• Negotiate favourable payment terms and discounts to enhance the company’s financial position.
• Identify opportunities to streamline and automate supply payment and accounts payable processes.
• Implement best practices to enhance efficiency, accuracy, and overall financial performance.

Qualifications
• Bachelor’s degree in finance, Accounting, Business, or a related field.
• Master’s degree or professional certification (e.g., ACCA, CIMA) is a plus.
• Must be a fully paid member of ZICA.
• Proven experience in finance management, with a focus on supply payment and accounts payable functions.
• Strong understanding of financial principles, accounting standards, and relevant regulations.
• Proficiency in financial software and tools, including spreadsheet applications.
• Excellent analytical and problem-solving skills with meticulous attention to detail.
• Effective communication and interpersonal skills for building relationships with suppliers, vendors, and internal stakeholders.
• Leadership experience and the ability to manage and mentor a team.
• Proven track record of process improvement and driving operational efficiencies.


Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure

To apply kindly send your CV, cover letter and copies of qualifications to zambia@kestria.com , titamenji.sakala@kestria.com  and eric.situmbeko@kestria.com  by Tuesday 12th September 2023. Please mention “Finance Manager” in the subject line.


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