ExpressCredit Zambia
ExpressCredit Zambia
ExpressCredit is a global consumer finance company operating in Zambia and three surrounding countries, including Namibia, Botswana, and Lesotho.
We operate a multi-channel lending platform for private and government sector employees underserved by mainstream financiers. As a good corporate citizen, our goal is to help people in need of short-term and long-term financial assistance – all of which make a meaningful and lasting impact on the local communities.
ExpressCredit is a game-changer and one of the fastest microlenders in the country. A combination of new technologies, mobile sales, and a network of branches and direct sales positions us well for growth and building a sizeable, well-performing loan portfolio.
We are looking for a suitably qualified, competent, and highly motivated professional based in Lusaka or able to self- relocate to fill the position of Financial Controller.
Job Purpose:
Ensure the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Tracking of the organization’s strategic financial goals and objectives. Facilitate cooperation between finance and other company departments. Lead finance related development projects.
Summary Key Responsibilities:
- Operate in compliance with the Bank of Zambia requirements and ensure that the approved Policies are domesticated and implemented.
- Ensure that the company complies with all regulatory requirements
- Construct and monitor reliable control financial systems
- Ensure that record keeping meets the requirements of regulators and also external auditors
- Understand and mitigate key elements of the company’s risk profile as it relates to the finance function
- Maintain relations with external auditors and investigate their findings and recommendations
- Report financial related risk issues to the audit committee of the board of directors
- Authorize Bank Payments within the established authorization framework
- Monitor Cash Balances and Cash Flow Forecasts on ongoing basis
- Identify working capital requirements
- Ensure cash flow is appropriate for the organization’s operations
- Ensure proper submission of returns to Zambian Revenue Authority and timely execution of tax payments
- Oversee the issuance of financial information
- Report financial results to management, board of directors
- Review prepared reports for regulatory reporting
- Facilitate the preparation of the company annual financial statements
- Review accuracy of returns submitted to Zambian Revenue Authority
- Lead Finance development process to improve accuracy and timeliness of reporting
- Facilitate external audit process
- Facilitate communication with Zambian Revenue Authority
- Engage with Commercial banks to ensure high quality of controls over bank account access
- Monitor the implementation of company’s financial goals and objectives
- Identify and communicate to management initiatives that can improve financial results
- Assist in preparation of the company’s budget
- Interact with Heads of Business Units to provide consultative support to planning initiatives through financial and management information analysis, reports and recommendations
Requirements
- Grade 12 Certificate with minimum 5 credits including English and Mathematics
- Master’s degree in business administration / accountancy / finance
- ACCA/CIMA qualification
- 5+ years’ work experience in the financial sector as an auditor or financial controller
- 2+ years’ work experience in consumer finance or micro-lending industry
- Work experience in a international company group is considered as advantage.
- Accounting and financial competence
- Experience in preparing policies and procedures
- Experience in improving control environment
- Understanding of risk-based approach in identifying potential areas for improvement
- Experience in preparing annual financial statements
- Experience with communication with external auditors
- High integrity and ethical standards
- Financial Foresight
- Result Oriented
- Excellent Communication and presentation Skills
- Confidence and assertiveness
- Adaptability, vision, and foresight