Vacancy title:
Head of Finance
Jobs at:
DBK Management Consulting LimitedDeadline of this Job:
Thursday, July 20 2023
Summary
Date Posted: Wednesday, July 12 2023, Base Salary: Not Disclosed
JOB DETAILS:
• Our client employs more than 6 000 people across 7 businesses in 18 African countries. Our client is seeking to recruit a highly analytical and strategically focused professional to fill the position of Head of Finance.
Purpose of the Job
• To implement financial management strategies based on financial management principles, policies, and controls. Providing strategic and advisory support to the Managing Director on business strategy and operational matters related to finance and budget.
Key Responsibilities
• Manage budget preparation process.
• Manage working capital, asset, and liability matching within the approved mandates.
• Preparation and sign-off of monthly Balance Sheet reconciliations.
• To coordinate and manage the audit process.
• Preparation and review of Annual Financial Statements.
• To compile and board and related sub-committee packs.
• Provide authoritative, specialist expertise and advice to internal/external customers that builds strong relationships and creates a favorable impression aligned to treating the Customer Fairly (TCF) principles.
• To develop, enhance, implement, and maintain an accurate, efficient, timely, and effective financial reporting system to ensure compliance with group and legislative reporting requirements and within required timelines.
• To implement, enhance and maintain financial control processes throughout the business to identify and mitigate key business risks and ensure timely and complete execution of fiduciary duties.
• To lead, coach and mentor staff across all business pillars in order to improve organizational capacity and improve business sustainability.
• To review, assess and manage the implementation of effective business processes in a proactive manner within agreed timelines across all business units in order to support the in-country and group management in the identification and mitigation of significant business and compliance risks.
• Timely and accurate submission of monthly reports and other ad hoc reports to Group.
• Drive and implement IFRS 17 transition within Liberty Life Swaziland, including the ability to explain changes and variances to the ARC and the Board in detail.
• Resolve internal and external audit findings swiftly. Reduce findings over time through enhanced finance processes.
• Be a Strategic partner to the MD in driving growth of the business and meeting financial targets.
Experience
• At least 5 years of working experience in a financial service organization (preference will be given to the insurance sector).
• At least 5 years’ experience in a financial management environment.
• At least 5 years’ experience in managing people.
• Solid understanding of financial management and accounting.
• Strong analytical and decision-making abilities.
• Effective leadership qualities.
• Experience in partnering with an executive team and have a high level of written and oral communication skills.
Qualifications
• Qualified CA or fully CIMA qualified
• At least three years post qualifying experience in a corporate environment.
Knowledge required
• International Financial Reporting Standards. Exposure to IFRS17 will be an added advantage.
• MS Office Suite (Specifically Advanced Excel and PowerPoint).
• Professional Business Writing Skills.
• Knowledge of Tax regulations, Insurance Act, the Companies Act, and other relevant legislation in Zambia.
Remuneration
A market related remuneration package will be awarded to the successful candidate based on their qualifications and experience.
Education Requirement: No Requirements
Work Hours: 8
Experience in Months: 36
Level of Education:
Job application procedure
The applicants should submit: –
• A Letter of application, stating qualification for the role and addressed to:-
The Managing Partner
DBK Management Consulting Limited
7 Chifumbule Road
Woodlands
Lusaka, Zambia
• A detailed Curriculum Vitae and Certified copies of all qualifications and certificates.
• Names and addresses of three (3) referees, two (2) of whom must be professional authorities in a relevant professional field.
• Any other relevant information that may assist the Search Committee in determining the suitability of the applicant.
• Applications must be sent via email to dbk.tracey@gmail.com in the subject line please indicate Head of Finance.
Closing Date
All applications must be received by mid-night 20th July 2023.
Please note that only shortlisted candidates will be responded to
(if you have not received a reply within 15 days of the closing date, this will mean that your application was unsuccessful)
This position is open to Zambian citizens only.
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