Recruitment Matters Head of Finance Jobs in Zambia

Recruitment Matters Head of Finance Jobs in Zambia

Our client, a Financial Services provider is recruiting for a skilled Head of Finance to join their team;

Duties and responsibilities include but are not subject to;

Forecasting and budgeting

  • Establish a functional Balanced Scorecard focused on the implementation, measuring and management of the functional strategy.

  • Preparation of Annual budget in coordination with other department heads’ budgets and forecasting and in consultation with the company group CFO.

  • Conduct analysis of performance against budgets and reporting on variances against budgets and against forecasts; period performance against prior period performance and budgets.

  • Conducting risk management assessment.

    Financial Operations

  • Identifying and present opportunities for cost reduction and implement accordingly

  • Monitor and report on revenue and expenditures in line with approved budgets and business performance and manage daily cash flows

  • Ensure accuracy of journals and related posting into the financial system

  • Conduct profit and cost analysis

  • Ensure timely remittance of related statutory deductions such as but not limited to PAYE, NAPSA, etc.

  • Ensure preparation and submission of accurate regulatory and statutory returns timeously

  • Constantly evaluating internal controls to minimise risks and highlight vulnerable control areas

  • Coordinate audits and tax consultants to ensure smooth closure of audit issues raised

  • Oversee the preparation of annual Financial Statements to ensure compliance with IFRS standards.

  • Prepare monthly, quarterly, bi-annual and annual performance reports, or as otherwise required.

  • Prepare and submit monthly management accounts and ensure timeliness, completeness, accuracy and integrity of the reports.

  • Prepare and submit ad hoc written and oral reports on financial issues that impact the company

  • Ensure compliance with Zambian law and regulations as well as company’s policies

  • Develop secure procedures to maintain confidential information

  • Monitoring the financial health of the organization by tracking key performance indicators such as cash flow, collections, and receivables

    Communication & guidance

  • Ensuring effective communication of financial information to the executive team, board of directors and other stakeholders

  • Providing financial guidance to CEO

  • Ability to convey complex financial information in an understandable manner

    Finance strategy

  • Establishing finance operational strategies by evaluating trends

  • Establishing critical measurements

  • Determining production, productivity, quality, and customer-service strategies

  • Rresolving problems; and implementing change

  • Provide recommendations
    to strategically enhance financial performance and business opportunities

    Implementation of sound financial controls

  • Manage the implementation of sound financial policies procedures, and controls aligned to the company's Group policy

  • Implement risk management and compliance policies in area of responsibility to identify and manage risk exposure liability

  • Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities

  • Liaise with Group Head of Finance, comapny's re procurement


  • Strong analytical ability

  • Demonstratable leadership ability and working well in a team environment

  • The ability to use initiative, including judgement and problem solving skills

  • Demonstrable experience of working in a management accounting or financial management role

  • Excellent knowledge of data analysis and forecasting models

  • Excellent attention to detail and numeracy proficiency

  • The ability to work to deadlines, prioritise and adapt a flexible approach to meet the needs of
    the business

  • Assertiveness

  • Possessing excellent verbal and written communication skills

  • Self-reliant and ability to work independently

  • Advanced Microsoft Office skills

  • Ability to work under pressure and plan adequately


  • Bachelor’s Degree in Accounting, Economics or any related field;

  • Relevant professional qualifications such as ACCA, CIMA ACA, ZICA (CA), or equivalent;

  • Masters of Arts Degree in accounting or finance will be an added advantage;

  • 8 years post qualification experience, of which 3 should be in a senior role in the Insurance sector.

  • In depth understand of International Financial Report Standards.

  • Fully paid up ZICA membership

  • An in-depth grasp of Taxation regulations and Insurance regulatory requirements in Zambia.

  • This position is subject to approval from the Pension and Insurance Authority (“PIA”)

    How to Apply

    For more information and job application details, see; Recruitment Matters Head of Finance Jobs in Zambia

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