Vacancy title:
Senior Accountant
Jobs at:
ASA Microfinance Zambia LtdDeadline of this Job:
Friday, February 07 2025
Summary
Date Posted: Saturday, February 01 2025, Base Salary: Not Disclosed
JOB DETAILS:
ASA Microfinance Zambia Limited, incorporated under the Companies Act of Zambia of 2017 and an affiliate of ASA International (www.asa-international.com), one of the largest microfinance companies in the world. We are hereby soliciting a vacancy for a Human Resource & Administration Manager to be part of our team. ASA Zambia is an equal opportunity employer who promotes dynamic, loyal and committed men and women who have passion for people’s socio-economic development to fill in the following positions for immediate appointment.
Position: Senior Accountant
The Senior Accountant will be responsible for leading and assisting all Finance functions. This position offers potential to progress to Finance Manager position for a high performing candidate.
GENERAL RESPONSIBILITIES
The main responsibilities are to:
• Support the CFO regarding activities related to the management of financial and material resources.
• Assist the CFO with the organization and follow-up of the bank account, back-office reports.
• Ensure that financial information and statistics required by the CFO are gathered.
• Implement and manage an efficient and operational system for document management.
• Manage and safeguard financial and material resources for which he or she is responsible.
• Support the CFO in his or her duties.
SPECIFIC RESPONSIBILITIES
• Coordinate the Month-end closure procedures with all Branches and IT department as per month-end Closure checklist.
• Review the monthly ledger postings and ensure all the entries are posted on time.
• Ensure the full set of Financial Statements (Monthly, Quarterly, and Annually) are prepared by the 7th of every month.
• Review the reconciliations for all Inter-Branch funds transfer accounts on a weekly basis.
• Ensure that Airtel Platform cash collections and Disbursement Accounts are reconciled to AMBS Cash at Mobile Banking and avail the reconciliations to CFO on a weekly basis.
• Ensure that Processing Group Management fees bills and accounting for taxes accordingly.
• Ensure that all balance sheet Accounts are reconciled, and a file compiled for review by CFO on the 5th of every month.
• Review the monthly Bank Reconciliations statements from the Branches and submit to CFO by the 5th of every month.
• Conduct Training for Branch staff on Bank reconciliations and other financial reports as required.
• Prepare annual Budgets – implement Budget and monitor budgetary allocation and control.
• Review the monthly budget variance analysis and submit to CFO by the 7th of every month.
• Ensure Payroll and statutory returns are prepared and submitted on time.
• Analyze revenue and expenditure trends and recommend appropriate budget level and ensure expenditure control monthly.
• Ensure that the various accounts report to Group are prepared as per given deadlines.
• Review the various reports to BOZ/other industry regulators and ensure timely submission.
• Prepare the Board Packs, group report and liaise with group office.
• Prepare Prudential and other reports required by Bank of Zambia.
• Liaise with Banks.
• Ensure that the accounting discrepancies are resolved before month-end closure.
• Supervise the input and handling of financial data and reports for the company’s automated systems.
• Coordinate and facilitate the Internal Audit Process, External Audit, and other inspections by regulatory authorities.
• Lead Accounts and finance functions, coach finance team, and supervise team members.
• Any other duties assigned by CFO.
Qualifications
• Degree in Accounting.
• Professional qualification in ZICA, CA, ACCA or equivalent.
• Membership with Zambia Institute for Chartered Accountants (ZICA).
EXPERIENCE & ADDITIONAL REQUIREMENTS
• Minimum 5 years of relevant working experience.
• Experience with Microfinance or external audit environment will be an added advantage.
• Highly analytical and pay attention to detail.
• Excellent communication skills both oral and written.
• Excellent skills in MS Office.
• Commitment, highly motivated and ethical.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
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