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Finance Manager - Lusaka, Zambia

  • Harare, Zimbabwe

Job Details

Job ID: #7997
Job Location Lusaka, Zambia
Company Type Transport & Logistics
Job Role Finance Manager
Joining Date TBC - can be flexible for the right candidate
Employment Type Full Time
Monthly Salary K20,000 min. but can be negotiated for the right candidate

Preferred Candidate

Career Level Middle Management
Years of Experience 2
Residence Location Lusaka, Zambia
Gender Not Specified
Nationality Zambian national or resident
Degree Finance and Accounts

Job Description

Lusaka, Zambia
  • Job Status: Closed

The Finance Manager is responsible for managing the companies finance department and in particular, the accountability for banking,cash flow management and the achievement of Group objectives. The individual will effectively manage a team of individuals in order to prepare accurate and timely accoun

Outline of Duties & Responsibilities:
Asset Management - Implement, maintain and adhere company policy of asset management/Monthly update and maintenance of assets purchased,sold and scrapped/Monthly update and maintenance of wear and tear schedule/Monthly update and maintenance of installment sale agreement register/Ensuring that accounting policy in respect of assets is adhered to.
Debtors and receivables - Implement, maintain and adhere company policy of debtor's management/ For new debtors applications ensuring that credit application with supporting documents are received and necessary credit checks have been done/Timely collection of outstanding debtors amounts/Weekly reporting of outstanding debtors to Group Financial Manager/Ensuring invoicing procedures of company are adhered to/ Invest gating and reporting to Group Financial Manager reasons for credit notes and signing of credit notes/Reporting quantity and value of credit notes to Group Financial Manager/Signing off of monthly debtors reconciliations/Ensuring that accounting policy in respect of debtors is adhered to.
Creditors and payments -Implement, maintain and adhere company policy of creditor's management/For new creditor applications ensure necessary company procedures are followed/ Reviewing, invest gating queries and signing of all creditor reconciliations/Reporting to Group Financial Manager queries on creditors reconciliations older than 60 days/Ensuring that authorization limits for purchases are adhered to/Managing and reporting of outstanding orders/Managing and reporting of work in process/Ensuring that accounting policy in respect of creditors is adhered to.
Stock - Implement, maintain and adhere company policy of stock management/Attending and reviewing of stock take procedures/Reporting of stock take variances to Group Financial Manager and risk department/Ensuring that accounting policy in respect of stock is adhered to.
Bank and cash- Implement, maintain and adhere company policy of cash management/ Daily reporting of cash
VAT/TAXES Statutory requirements - Ensuring that all legislative requirements in terms of tax laws are met/Monthly accounting of deferred and normal tax on accounting system/Ensuring that accounting policy of company in respect of taxes is adhered to.
Salaries/wages/Staff - Implement, maintain and adhere company policy of salaries and wages/Reviewing of weekly and monthly payroll with all supporting documentation/Reporting of discrepancies on payrolls to each individual head of department/Ensuring timely payment of all deductions to various entities/Ensuring that accounting policy of company in respect of salaries and wages are adhered to/Ensure that all personnel records are up to date for each employee/Ensure that leave records are properly maintained and in line with company policy/Ensure that all staff are correctly managed and tasks allocated fairly and that all employees/understand their duties and responsibilities/Coaching on correct on the job procedures/Performance Management of staff according to the policy of the company.
Journals - All journals must be completed on the prescribed journal document/All journals must be accompanied with supporting documentation and a comprehensive description must be provided on the journal/All journals must be authorized by the Financial Manager before capturing on the accounting/system/ All journals must be filed in numerical order by one person and kept in the office of the Financial Manager.
Reporting dates - Management accounts, profit and Loss Statements,Balance Sheet and supporting schedules, asset register, installment sale / Finance agreement schedule handed in at Group Financial Manager on 6th working day of every new month including commentary on budget variations/ Debtors and Creditor's reconciliation finalized and signed off on 20TH of every month/ VAT reconciliation and calculation on 20th of every month/ Cash flow forecast for next month 20th of every month/Legislative forms submitted to various entities on their cut off dates/ weekly payroll on every Wednesday/Monthly payroll on 20th of every month/ Outstanding leave balance to Head of Departments on 20th of every month.
IT - Ensure that timely backups are made of financial information/ The Company operating procedures for IT software is properly implemented,managed and maintained/ regular maintenance of users on accounting and payroll system. Remove resigned employees/Proper authorization levels for new employees at all levels.
Fraud Prevention - Ensure that proper Internal Controls are in place to prevent fraud/ Application and implementation and monitoring of these to ensure compliance across all Departments.
Risk/Insurance - Ensure that all company assets are adequately insured in line with company pol cy/ Ensure that the company meets all insurance requirements of the countries in which the vehicles operate/ Provide detailed report o

Key Skills

  • Job Role: Finance Manager
  • Industry: Accountancy / Finance
  • Salary: K20,000 min. but can be negotiated for the right candidate

Required Skills

2 Years of Experience
Must have at least 2 years experience in a similar FM role
Must have relevant qualifications and/or accounting certificates

Additional Requirements


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