Chief Financial Officer (Fintech)

Description:

Job Purpose

The CFO will oversee the entire finance department within the business, taking direct ownership of cash management, revenue management, forecasting, financial reporting, and strategic financial analysis. Be responsible for guaranteeing the organization’s compliance with all internal and external regulations. In addition, they will provide strategic direction to the organization and support decision-making by the board, executive directors, and stakeholders. This role is suited for a dynamic, detail-oriented individual excited to build and scale with a startup.

Summary of Key Responsibilities:

Develop, plan, and execute the organization’s financial strategy
Organize, manage, and supervise department operations and activities to ensure best practices are followed and they are in compliance with regulatory requirements
Serve as a subject matter expert for all matters related to financial and accounting activities
Act as the designated CFO for Bank of Zambia purposes.
Maintain oversight of all financial reporting, internal controls, and audits.
Prepare and submit financial statements, regulatory returns, and reports to the Bank of Zambia and the parent company.
Establish and maintain efficient accounting and reporting systems and procedures
Lead the funding and liquidity management process
Manage budgeting, forecasting, and cash flow management processes aligned with both local and group strategic goals.
Ensure compliance with local GAAP, IFRS, and regulatory frameworks.
Oversee tax compliance, including local regulations, international tax treaties, and transfer pricing considerations.
Organize and manage statutory tax reporting for indirect and direct taxation
Identify and record all transactions undertaken by the organization
Prepare accounts and verify the reliability and relevance of market prices and fair values used when reporting
Provide accurate and complete financial information to decision makers and other business units as needed
Review and analyze expenses, revenue, and losses to identify opportunities and improve performance
Manage currency risk and mitigate exposure to exchange rate fluctuations.
Support fundraising efforts, investor reporting, and financial modeling.
Review the budget on a monthly basis to verify the organization is meeting its financial objectives
Establish, review, and optimize department rules, frameworks, procedures, and workflows
Identify, analyze, mitigate, and monitor all financial risks, trends, and evolutions in the regulatory and competitive landscapes
Direct the documentation, maintenance, and reporting of financial information

Required Skills and Competencies 

Excellent communication skills
Strong analytical skills
Problem solving skills
Excellent leadership skills
Stakeholder management skills
High integrity and ethical conduct
Attention to detail
Primary Areas of Accountability:

Qualifications and Experience

Bachelor’s degree in Finance or Accounting, or a related field
Qualified Accountant (Full CA Zambia, ACCA or CIMA).
A Masters in Finance or Accounting will be a plus
Must have a minimum of 7+ years in a senior financial leadership role with a Fintech, Banking, Mobile Money, E-Money company
Must have a minimum of 4+ years’ experience in a regulated financial services environment preferred
Must have experience with Bank of Zambia reporting procedures
Experience with forecasting, budgeting, and financial reporting
Experience working at a subsidiary level within a group structure, reporting to a parent company, is an advantage.
Strong knowledge of Zambian financial regulations, accounting standards, and local tax laws.
Familiarity with international finance practices, IFRS reporting, and transfer pricing rules.
Ability to manage currency risks and understand the local market environment.
Must be young and vibrant
Cross-cultural adaptability and sensitivity
Must be comfortable working in a startup environment: hands-on, flexible, and proactive
Proficiency with accounting software and Microsoft Office Suite
Must be a member of ZICA

QUALIFIED & EXPERIENCED FEMALES ARE ENCOURAGED TO APPLY FOR THIS POSITION

If you meet the hiring requirements for the position, please email your CV in MS Word and Cover Letter clearly stating your salary expectations to: jobs@bemconsult.com & Cc bemconsult8@gmail.com   

Note that, all communications will be kept in the strictest of confidence. If you do not receive communication within 21 working days of the closing date of the advert, please consider your application unsuccessful. 

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