Head of Finance

  • Full Time
  • Lusaka, Zambia
  • Applications have closed.

Laura & Partners Consulting Limited


Our client, dedicated to fostering the growth of environmentally sustainable businesses in Zambia through innovative market development, capacity building for high-growth enterprises, impactful financing mechanisms, and investment facilitation services, is seeking a competent and qualified Head of Finance.

Main Purpose of Job:
Head of Finance leads the finance team in driving financial strategy, planning, and execution. The Head of Finance is responsible for overseeing all financial activities of the organisation, including financial reporting, budgeting, forecasting, cash management, and financial risk management, as required by it’s financial, operational functions, Board and donors.

Main duties and responsibilities:

  • Strategy formulation and planning
  • Stakeholder management through identification of strategic partnerships/linkages on existing and new sustainable partnerships;
  • Governance compliance and risk management;
  • Financial management ;
  • Reporting and business analytics; and
  • Team leadership, coaching and mentorship

Key Result Area and Principle Accountabilities

Strategy and Planning

  • Contribute to the development of the organization’s Corporate Strategy.
  • Develop and execute financial strategy aligned with organization’s goals and objectives;
  • Provide strategic financial guidance to the CEO, Board of Directors, and other key stakeholders.

Financial Management

  • Manage cash flow, liquidity, and working capital to optimize financial performance and minimize risk.
  •  Establish and implement financial systems for field office and project accounting and
    grants finance management, including payroll, transfers, and reporting to statutory
  • Administer and monitor all financial aspects of the grants program, including pre- award financial/management surveys, requests for advances, funds disbursements and expenditure reconciliation, financial reporting, audits, and close-out;
  • Develop and maintain a grants financial tracking system and coordinate with project
    staff that manage the grants to identify and resolve any issues;
  • Lead the budgeting and forecasting processes to ensure effective resource allocation and financial planning and Stakeholder Management
  • Manage relationships with external stakeholders, including investors, lenders, auditors, and regulatory authorities and Donors.

Stakeholder Management

  • Manage relationships with external stakeholders, including investors, lenders,
    auditors, and regulatory authorities and donors;

Governance, Compliance and Risk Management

  • Develop and implement robust financial controls, ensuring compliance   with industry regulations, standards, and donor rules;
  • Assess and mitigate financial risks, including credit, market, and operational risks
  • Maintain liability, workman’s compensations, and other insurance policies on behalf of the office, as applicable.

Reporting and Business Analytics

  • Lead the preparation of all other project financial deliverables and reports in a timely fashion for the review and approval of the CEO as well as other stakeholders with the mandate and;
  • Provide expert financial and budgeting (including pipeline) analysis to the CEO, including a monthly report on actual and projected expenditures per budget line item.

Team Leadership, Coaching and Mentorship

  • Provide training and technical assistance on financial and grants management as needed to project staff, grantees and other implementing partners;
  • Plan and manage own workflow, anticipating obstacles, juggling priorities and following through on objectives within agreed timelines without compromising quality and standards;
  •  Mentor and develop finance team members, fostering a culture of continuous learning and professional growth:

Qualifications, Experience and Skills:

Considerable competence at senior management level is required to understand and apply advanced policies, practices, procedures, concepts, and principles.

General Education:
Full Grade Twelve (12) Certificate

Professional/Academic Qualifications:
Qualified Chartered Accountant (CA) ACCA, CIMA, ZICA or related finance discipline.

MSc. MA in a related discipline

Professional and valid membership to relevant professional body (ZICA)

Relevant Job Experience:
Minimum of eight years of experience with 5 years in a similar role which must be with a similar organisation.
Experience in working with donor programming, rules and regulations.

Skills :

  • Team building;
  • Conflict management;
  • Interpersonal skills;
  • Decision making skills;
  • Conceptual skills;
  •  Highest standards of integrity.
  • Strategic leadership and management skills;
  • Organisation and coordination skills;
  • Administrative skills;
  • Influencing/persuasion/judgement;
  • Performance management and development;
  • Developing, motivation and coaching;
  • Mentoring and counseling and;
  • Strategy formulation and execution
  • Deep accounting and financial reporting skill;
  • Deep knowledge of an ERP system including sage/pastel;
  • Quantitative and financial modelling skills with Advanced Excel;
  •  Knowledge of statutory accounting and regulatory requirements;
  • Tax knowledge.
  •  Capital structuring and management knowledge;
  • Sound business and commercial acumen;
  •  Comprehensive financial risk management skills encompassing
    the governance, risk and compliance landscape;
  • Thorough knowledge of IFRSs, IPAS & IASs and procedures
  • Sound business acumen;
  • Data analysis and interpretation skills;
  • Project management skills;
  • Change management skills and;
  •  Knowledge of the full MS Office suite

Laura & Partners Consulting Limited CV 16
D.G Wallace Road,
COMESA Exhibition Village, Show grounds,

Applications must be emailed with the subject “Head of Finance” to Laura@lauraandpartners.com on or before 21 May 2024. Only electronic applications will be accepted.

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