Financial Accountant at Zambia National Building Society

EMPLOYMENT OPPORTUNITY – FINANCIAL ACCOUNTANT

Zambia National Building Society is the main provider of sustainable and affordable mortgage financing, property Management and banking services in Zambia.

The Society seeks to recruit a skilled, experienced, self-motivated and energetic individual to be part of a dynamic team to fill the following position of Financial Accountant to be Based Head Office, Lusaka.

Job Purpose:

To provide support to the Manager-Finance in matters relating to the provision of efficient and effective financial services to ZNBS by maintaining accurate and up to date accounting records in order to provide accurate and up to date financial information to management.

Duties and Responsibilities

• To ensure timely production and accurate maintenance of daily accounting records by supervision and controlling of accounts staff.
• To prepare daily, weekly and monthly cash flow statements showing inflows and resource allocation
• To ensure timely processing of payments to suppliers, statutory bodies and staff when funds are available based on the planned sequence.
• To check and verify payments to ensure that they have required accompanying documents and for correctness and approvals before processing payment
• To authorize payments by signing on the bills and payment vouchers
• To ensure that cheque registers are properly maintained.
• To supervise the rental portfolio and ensures that all rentals due to the Society are collected and accounted for Supervise the preparation of the Society’s monthly payroll and ensures that payroll payment schedules are produced on time, salaries are paid on time, statutory (PAYE, NAPSA) and other deductions are effected and paid on due dates and payroll backups are done after every payroll
• Prepare bank reconciliations, reconciling the General Ledger to Bank statements, by the 15th of the following month.
• Ensure that debtors receipted amounts are posted to correct accounts and invoicing is done correctly.
• To ensure that customer invoices are correctly accounted for
• To update creditors statements in readiness for payments
• To reconcile the suspense account for travel with the General Ledger in order to ensure that there are no outstanding travel advances
• To ensure that schedules for gratuities and leave days are prepared on a monthly basis in readiness for passing of gratuity and leave provisions to the General Ledger
• To reconcile loans, (including car, personal, compassionate, furniture and bridging loans), from the payroll to the General Ledger by the 1 5th of the following
• month.
• To capture input VAT charge from departments’ and branches’ invoices and submits it to ZRA to reduce impact of output VAT.
• To supervise, coach, train, discipline and motivate subordinates in order to contribute to the achievement of departmental objectives.
• To agree, supervise, monitor and review performance of subordinates to ensure they meet their performance objectives
• Performs any other duties as assigned by the Finance Manager from time to time.

Qualifications and Experience

• Grade 12 School Certificate
• Degree in Accountancy, Full professional accounting qualification such as ZICA, ACCA, CIMA or equivalent
• Member of ZICA
• Minimum 3 years relevant experience

Required competencies/Personal qualities

• Analytical and quantitative skills.
• Good planning skills
• Good Communication skills- both written and oral
• Able to work under pressure and minimum supervision
• High integrity and confidentiality
• Very good knowledge of computers and accounting packages (Pastel Accounting System)

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