Finance Manager

JOB ADVERTISEMENT

FINANCE MANAGER

Meanwood Finance Corporation Limited, a dynamic and growing non-deposit taking Microfinance institution regulated by the Central Bank, is seeking to recruit a highly competent, results-driven, and experienced person to join our team as Finance Manager.

Job Purpose

To oversee the financial operations of the microfinance institution, ensuring effective financial planning, reporting, compliance, and support to lending activities, while aligning with the organization’s strategic objectives under the guidance of the Chief Financial Officer.

Key Responsibilities

1. Financial Planning & Analysis

Support the CFO in developing budgets, forecasts, and financial strategies
Monitor financial performance and provide variance analysis
Analyze loan portfolio performance and profitability trends
Prepare accurate and timely financial statements (monthly, quarterly, annual)
Ensure compliance with accounting standards (e.g., IFRS) and Bank of Zambia prudential returns
Submit reports to the CFO for review and consolidation
Supervises: Accountants, Finance Officers, Cashiers
Monitor daily cash flow and liquidity needs
Ensure availability of funds for loan disbursements and operations
Assist the CFO in managing funding sources and financial obligations

2. Loan Portfolio Oversight

Track loan disbursements, collections, and arrears
Monitor Portfolio at Risk (PAR) and provisioning levels
Provide regular portfolio performance reports to the CFO

3. Compliance & Regulatory Reporting

Ensure compliance with microfinance regulations and tax laws
Prepare statutory and regulatory reports for review by the CFO
Support audits and regulatory inspections

4. Risk Management & Internal Controls

Implement internal controls and financial policies
Identify and escalate financial risks to the CFO
Monitor fraud risks and enforce control procedures

5. Budget Control & Cost Management

Monitor departmental budgets and expenditures
Ensure cost efficiency across operations
Provide recommendations to the CFO on cost optimization

6. Team Supervision

Supervise finance and accounting staff
Ensure proper execution of financial processes and controls
Support staff training and performance management

7. Audit Coordination

Coordinate internal and external audits
Prepare audit schedules and documentation
Ensure implementation of audit recommendations

8. Strategic & Operational Support

Provide financial insights to support decision-making
Assist the CFO with financial strategy, fundraising, and investor reporting
Support new product costing and financial feasibility analysis

Skills and Competencies

Strong financial analysis and reporting skills
Knowledge of microfinance operations
Familiarity with accounting systems and MIS
Good understanding of regulatory requirements
Leadership and organizational skills
High integrity and attention to detail

Key Performance Indicators (KPIs)

Accuracy and timeliness of reports
Portfolio quality (PAR and arrears)
Budget compliance
Liquidity management effectiveness
Audit outcomes and compliance outcomes

Qualifications and Experience

Education

Bachelor’s degree in accounting and finance, or related field
Professional qualification (CA, ACCA, CIMA,) preferred

Experience

Minimum of 5 years in finance/accounting, preferably in microfinance or financial services
Experience in loan portfolio analysis is an advantage
Valid membership with the Zambia Institute of Chartered Accountant (ZICA)

If you meet the requirements listed above, please submit your application (cover letter, curriculum vitae and certified supporting documents) to:

The Corporate Support Manager

Human Resource Department

Meanwood Finance Corporation Limited

Plot No. 51/ 52 Great East Road,

P.O Box 31334, Lusaka

E-mail: jobs@meanwoodfinance.co.zm

The closing date for accepting applications is Friday 17th April 2026.

Only shortlisted candidates will be contacted.

Meanwood Finance Corporation Limited is an equal opportunity employer and encourages applications from qualified individuals of all backgrounds.