FINANCE AND ACCOUNTING OFFICER

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FINANCE AND ACCOUNTING OFFICER Jobs in Solwezi, North-Western Province, Zambia at Find Zambia Jobs

Title: FINANCE AND ACCOUNTING OFFICER

Company: Find Zambia Jobs

Location: Solwezi, North-Western Province, Zambia

FINANCE AND ACCOUNTING OFFICER ROLE

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• JOB DESCRIPTION

POSITION TITLE: Finance and Accounting Officer

DEPARTMENT: Finance and Administration

LOCATION: Solwezi, North-Western Province, Zambia

REPORTS TO: Finance and Admin Manager

JOB LEVEL: Officer Level

EMPLOYMENT TYPE: Full-Time, Permanent (or 3 Years Contract)

REFERENCE NUMBER: FAO/2024/001

• ABOUT OLIBUL INVESTMENTS LIMITED

Olibul Investments Limited www.olibulinvest.com is a visionary and purposeful, Growth-Oriented Zambian company based in North-Western Province of Zambia. We operate several large-scale state-of-the-art multi-sand products quarries, and undertake multi-disciplinary engineering and project works in support of the Government building and road construction sector and international mining and construction industries.

• JOB PURPOSE

The Finance and Accounting Officer will play a vital role in establishing and maintaining robust financial systems and controls within our growing organization. This position is designed for a recent Bachelor of Accounting, and/ or Finance Degree Graduate eager to apply their theoretical knowledge in a dynamic, real-world business environment; while contributing to all eight key functions of a growing Accounting and Finance department.

• KEY RESPONSIBILITIES

4.1 Bookkeeping and Transaction Recording

• Record all daily financial transactions accurately in the accounting system
• Oversight for accounts payable and accounts receivable processes
• Process vendor invoices and employee expense claims
• Track and reconcile bank statements and cash transactions
• Maintain organized filing systems for all financial documents

4.2 Financial Reporting and Control

• Lead preparation of monthly, quarterly, and annual financial statements
• Superintend over month-end and year-end closing processes
• Prepare management reports including income statements, balance sheets, and cash flow statements
• Ensure compliance with accounting principles and standards (IFRS/ GAAP)
• Operationally Support internal and external audit processes

4.3 Financial Planning and Analysis (FP&A) Support

• Assist in budget preparation and monitoring
• Track actual performance against budgets and highlight variances
• Support financial forecasting activities
• Analyze financial data to identify trends and areas for improvement
• Prepare financial models for management decision-making

4.4 Treasury and Cash Management Support

• Monitor daily cash positions and working capital needs
• Assist in forecasting cash flow requirements
• Track receivables and payables to optimize cash management
• Support banking relationships and transaction processing
• Monitor inventory valuation and movements

4.5 Payroll Processing Support

• Oversight over monthly payroll calculations and processing
• Ensure accuracy of statutory deductions (PAYE, NAPSA, NHIMA)
• Maintain employee payroll records
• Prepare payroll reconciliations and reports
• Liaise with HR on payroll-related matters

4.6 Tax Compliance and Statutory Reporting

• Assist in preparing monthly VAT returns
• Support annual income tax computations
• Ensure timely submission of all statutory returns
• Maintain ALL-Necessary records for ZRA compliance
• Assist with tax planning initiatives

4.7 Financial Systems and Process Improvement

• Contribute to the development and documentation of financial procedures, and Processes.
• Identify opportunities for process automation and efficiency gains
• Support implementation of accounting software and systems
• Ensure data integrity and accuracy in all financial systems
• Recommend improvements to financial controls

4.8 Strategic Finance Support

• Provide financial information to support management decisions
• Assist in evaluating investment opportunities and capital projects
• Support cost-benefit analyses for business initiatives
• Contribute to risk assessment and management activities
• Participate in strategic planning sessions with financial data insights
• QUALIFICATIONS AND REQUIREMENTS

5.1 EDUCATION

• Bachelor of Accounting Degree: from a recognized university (graduated within the last four (4) years)
• Strong academic record with demonstrated excellence in financial accounting, management accounting, auditing, and taxation

5.2 PROFESSIONAL DEVELOPMENT ASPIRATIONS (DESIRABLE)

• Pursuing or planning to pursue professional certification (ZICA, ACCA, CPA, or equivalent)
• Commitment to continuous professional development

Skills

5.3 TECHNICAL SKILLS

• Solid understanding of accounting principles and practices
• Knowledge of International Financial Reporting Standards (IFRS)
• Proficiency in MS Excel (formulas, pivot tables, data analysis)
• Competence in MS Office Suite (Word, PowerPoint, Outlook)
• Basic knowledge of accounting software (QuickBooks, Sage, SAP, or similar)
• Understanding of Zambian tax legislation and statutory requirements

5.4 PERSONAL ATTRIBUTES AND COMPETENCIES

• Analytical mindset with strong attention to detail and accuracy
• Integrity and ethics in handling confidential financial information
• Organizational skills with ability to manage multiple tasks and meet deadlines
• Problem-solving ability and willingness to take initiative
• Communication skills – both written and verbal
• Team player with ability to work collaboratively across departments
• Adaptability and eagerness to learn in a fast-paced environment
• Numeracy skills and logical thinking approach

Requirements

5.5 ADDITIONAL REQUIREMENTS

• Preferably Zambian citizen with valid Green NRC/ but; even Global Citizens from around Africa, and the World are welcome to apply
• Clean professional record with traceable and verifiable references
• Willingness to work in Solwezi and occasionally travel to numerous Remote-Location project Operations sites
• Computer literacy certification (desirable)
• WHAT WE OFFER
• Competitive salary package commensurate with qualifications and/or work Experience
• Comprehensive on-the-job training across all finance functions
• Professional development opportunities including Financial support for Training towards acquisition of professional qualifications
• Career growth potential in a rapidly expanding organization
• Exposure to diverse projects across mining, construction, and engineering sectors
• Mentorship program from experienced finance professionals
• Health and safety commitment in all our operations
• Corporate social responsibility involvement in community development initiatives
• Dynamic work environment with modern facilities and systems
• PERFORMANCE MEASURES

Success In This Role Will Be Measured By

• Accuracy and timeliness of financial records and reports
• Quality of variance analysis and financial insights provided
• Contribution to improving financial processes and controls
• Compliance with accounting standards and statutory requirements
• Ability to meet deadlines during month-end and year-end closings
• Professional development progress and skill acquisition
• Stakeholder satisfaction (management, auditors, regulatory authorities)

APPLICATION PROCESS

Interested Candidates Who Meet The Above Qualifications Should Submit

• Cover letter expressing interest and suitability for the role
• Detailed Curriculum Vitae
• Copies of academic certificates and transcripts
• Copy of National Registration Card
• Three (3) Traceable and Verifiable professional/ academic references

Applications Should Be Addressed To

The Human Resources Officer

Olibul Investments Limited

P.O. Box 110475

SOLWEZI

Email: [email protected] , and/ or [email protected]