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Chief Financial Officer - Lusaka, Zambia

  • Harare, Zimbabwe

Job Details

Job ID: #16073
Job Location Lusaka, Zambia
Company Type Banking
Job Role Chief Financial Officer
Joining Date ASAP
Employment Type Full Time
Monthly Salary Negotiable

Preferred Candidate

Career Level Senior Management
Years of Experience 10
Residence Location Lusaka, Zambia
Gender Not Specified
Nationality Zambian
Degree Degree

Job Description

Lusaka, Zambia
  • Job Status: Closed

Our client, a leading bank, is looking for a Chief Financial Officer to join their team

Manage, develop, train and direct the entire financial control team of Finance Officers and the accountants.
Develop strategic financial procedures to provide the basis for management decisions and control and maintain integrity of accounting practices, reporting and disclosure
Support the business mission proactively while providing independent judgment necessary to meet corporate objectives and policies.
Anticipate changes in economies and business climates; analyze implications of change in relation to the business
Develop innovative and analytical approaches to provide more meaningful management information.
Maintain the required local regulations; coordinate the preparation and review of all local tax returns with local advisors and Corporate Tax Divisions.
Ensure compliance with local regulatory requirements as issued by the Banks Regulators, the Taxation Authorities, Ministry of Finance, and other bodies affecting the banking industry.
Provide management support in the development of the strategic operating plan by analysis of the business drivers for both revenue and expenses.
Participate in the research and analysis of proposed and existing business transactions to determine impact on profitability.
Serve as a focal point of accounting and help with interpretation of financial data.
Exercise control over the interpretation and maintenance of tax records and information used in completing local tax returns.
Technical and managerial support in respect of the country to the Regional and Group CFO.
Keep senior management informed of all new accounting policies and procedures and reporting rules and regulations and their implications.
Responsible for overseeing the preparation of year end statutory counts and statutory audit.
Ensure that the control and reporting of market risk reporting activities are reported accurately and timely
Supervise and monitor implementation of local GAAP and IFRS
Capital management, including Major Expenditure Proposals (MEP)
Supervise and monitor cross border risk reporting for the country
Corporate governance
Supervise internal reporting for the Affiliate
Ensure full ownership and robust analysis of all balance sheet accounts
Conduct regular vertical and horizontal balance sheet reviews
Review and monitor analysis of aged items, items at risk and red account reports
Supervise and monitor monthly preparation of balance sheet and control book
Management and reporting of inter-company items
Supervise and monitor the monthly balance sheet review meetings with account owners
Coordinate new Finance systems implementation
Management and oversight of proof/e-recon process.
Mange and supervise local regulatory reporting
Manage and supervise local financial reporting
Oversee and coordinate audit and other external exams and reviews.
Monitor compliance with all local requirements
Work with Country, Cluster and Tax Representative to ensure tax compliance and pro-active tax management.

Key Skills
Excellent interpersonal skills and good verbal and written communication skills
Excellent analytical thinking with integration skills to increase the effective use of Management data
Excellent numerical skills
Good computer skills, especially MS Excel.

  • Job Role: Chief Financial Officer
  • Industry: Accountancy / Finance
  • Salary: Negotiable

Required Skills

10 Years of Experience
Minimum of 10 years post qualification experience in accounting or Audit environment of which 3 years must be at senior management positions.
Prior experience dealing with regulators (Central Bank, Tax Authorities).
Preferably prior senior financial management experience in a banking or financial institution
Experience in building, training, motivating and managing a team of senior accountants.
Experience in Audit Firm, or a previous internal Audit position is an added advantage
University Degree in Finance, Accounting/ACCA/CIMA or relevant field.
Must be registered with ZICA

Additional Requirements


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