Accountant

Job description

Designation: Accountant (1)
Reporting Line: Management Accountant
Business Unit: Finance Department
Location: Lusaka

Job Purpose: Responsible for maintenance of financial information and submitting financial returns to the appropriate regulators and other external interested parties in order to ensure that the MFZ meets its statutory obligations within stipulated time frames.

Key Outputs & Responsibilities:

Accounts Payable Management
Ensure accounts payables accounts are reconciled to identify discrepancies and resolve any inconsistencies promptly.
Reporting
Prepares regular financial statements, including balance sheets, income statements, and cash flow statements, in compliance with regulatory standards.
Reconciliation and Verification
Ensure bank statements, supplier statements, loan portfolios, and general ledger accounts are reconciled to identify discrepancies and resolve any inconsistencies promptly.
Budgeting and Forecasting
Assist in the development of annual budgets by providing accurate financial data and insights.
Monitor budget performance, analyse variances, and contribute to the preparation of financial forecasts.
Records Management
Record daily financial transactions, including loan disbursements, repayments, interest accruals, and operational expenses.
Financial Analysis
Analyse financial data to identify trends, patterns, and potential areas for improvement or risk mitigation.
System and Process Enhancement
Identify opportunities to streamline financial processes, enhance data accuracy, and improve efficiency.
Collaboration and Communication
Collaborate with cross-functional teams, including lending, operations, and compliance, to ensure accurate financial data and efficient processes.
Audit and Regulatory Support
Collaborate with internal and external auditors during audits, providing necessary documentation, explanations, and support to facilitate the audit process.

Required Attributes

Exceptional time management and verbal and written communication skills.
Strong analytical skills.
Ability to multitask and remain motivated and positive.
Commitment to working efficiently and accurately.
Ability to work as part of a team and take direction accurately.
Competent IT skills, particularly proficiency with spreadsheet software.
Good math skills and the ability to spot numerical errors; handle sensitive, confidential information.

Qualifications & Experience

Grade 12 School Certificate
Minimum of 2 years experience in accounting & finance-related environment
Degree in Accounting, Finance, AACA equivalent or relevant field (certified by ZAQA)
Must be a member of the Zambia Institute of Chartered Accountants (ZICA)
Experience in the financial sector will be an added advantage

Interested Applicants who meet the job requirements should e-mail their CV’s to recruitment@mfz.co.zm. Only shortlisted candidates will be contacted. Please include the position applied for in the subject field.

Closing date: Tuesday, 11th February, 2025