Summary
Date Posted: Thursday, October 31 2024, Base Salary: Not Disclosed

JOB DETAILS:
PURPOSE OF THE JOB:
To provide advisory support on the financial implications of business decisions, preparing management reports, budgets, and financial statements with a focus on cost accounting and financial planning. The role is responsible for analyzing Tyre-King’s financial operations and enhancing cost-effectiveness while overseeing payables and the financial aspect of the supply chain.

KEY RESPONSIBILITIES:
Management Reporting
• Review and analyze sales, profit, and cash flow reports against projections and budgeted expenses.
• Prepare monthly management reports, including commentaries
• Generate monthly/quarterly operational reports, highlighting income and expenditure, and advise on the profitability of branches and sales categories.
• Conduct research into pricing, competitor actions, market trends, and other factors impacting performance.
Payables and Supply Chain Financial Management
• Ensure optimal purchase processes and adherence to approved policies, including the three-quotation rule.
• Manage inventory levels and promptly advise management on any unprofitable lines or brands.
Budgeting
• Assist in setting the company’s strategic direction by preparing an annual operating and capital budget.
• Monitor budget adherence against revenues and expenditures, providing monthly variance reports.
Investment Decision Analysis
• Identify non-performing assets and opportunities for reorganization, downsizing, or divestment.
• Evaluate investment opportunities to ensure financial viability using appraisal models.
Revenue Protection and Internal Control
• Identify and implement controls to assure financial integrity and cost reduction, monitoring compliance regularly.
External Audits
• Support audit processes to ensure compliance with international reporting standards and resolve any findings from previous management letters.
Human Resources and Administration within Finance
• Mentor finance staff, identify training needs, and work with HR to ensure a skilled, balanced, and motivated team.

QUALIFICATIONS & EXPERIENCE:
• BSc/BA in accounting, finance or similar field
• Must have Full CIMA or ACCA certification.
• Membership with Zambia Institute of Chartered Accountants (ZICA).
• Minimum of five to eight years’ experience in financial management.
• Prior experience with Microsoft Dynamics NAV/Business Central 365, or similar ERP systems is an advantage.
• Strong proficiency in MS Office and Microsoft Dynamics NAV/Business Central 365
• Proficiency with spreadsheet and accounting software programs.
• Proven experience as management accountant, accounting supervisor or similar role
• Solid knowledge of basic and advanced accounting and financial principles and practices
• Excellent knowledge of cost accounting and reporting
• Excellent knowledge or risk analysis, budgeting and forecasting
• Excellent communication, organizational, and analytical skills.
• Management and leadership skills
• Ability to work well in a team
• A problem-solver with attention to detail skills
• A commercial mindset with the ability to manage resources effectively and explain complex financial information clearly.

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure
Interested in applying for this job? Click here to submit your application now.
• Send your detailed CV, including three referees, qualification, certificates (ZAQA verified/accredited), and a cover letter to the Human Resource Manager at careers@tyreking.co.zm 
• Subject Line: Management Accountant Application
• Please Note:
• Only candidates who meet the specified qualifications and experience will be considered.
• Only shortlisted candidates will be contacted.

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