AMSCO Currently Recruiting in Zambia: Chief Financial Officer / Financial Controller


  • Company: AMSCO
  • Location: Lusaka, Lusaka Province, Zambia
  • State: Lusaka
  • Job type: Full-Time
  • Job category: Accounting Jobs in Zambia

Our Client based in Lusaka province, seeks to recruit a Chief Financial Officer / Financial Controller. The core of this position is to effectively help manage risk and plan the organization’s financial strategy as it is in a rapid expansion.

The CFO will have the following main roles:

  • Ensuring high level of internal financial control and accounting
  • Preparing reliable current and forecasting financial reports
  • Driving the company’s financial planning to ensure that financial objectives are attained
  • Communicating effectively and timely about financial planning, performance, and potential risks
  • Advising CEO on issues related to financial control
  • Advising the board of directors on financial performance and risk, and all business strategies related to finance
  • Assisting CEO in fundraising applications and reporting
  • Supervising all finance personnel
  • Coordinating and producing all statutory documentation as required

Tasks

The CFO will be tasked with the following specific tasks and activities:

1. Planning

  • Assist in the strategic planning regarding the company’s future direction
  • Evaluate and advise on the performance and viability of any existing or new business area
  • Develop financial strategies
  • Manage the budgeting process, including budgets for the Regional offices
  • Develop or improve performance measures supporting the company’s strategic direction

2. Operations

  • Manage accounting department
  • Manage cash and stock, which requires special attention given the long cash flow cycles for some of the company’s customer contracts
  • Manage relations with external debtors
  • Manage all aspects of the HR department relating to finance
  • Manage legal, statutory and tax issues

3. Financial Information

  • Manage the preparation and dissemination of all financial information, including monthly Management Accounts, monthly Management Reports and yearly Annual Accounts
  • Report financial results to the board of directors

4. Risk Management

  • Understand and mitigate the company’s key risk elements
  • Construct and monitor reliable control systems
  • Maintain appropriate insurance coverage
  • Ensure that the company complies with all legal and regulatory requirements
  • Ensure that record keeping meets the requirements of auditors and government agencies
  • Report risk issues to the board of directors

5. Funding

  • Understand the short, medium and long-term funding needs of the company
  • Understand and advise on the company’s capital structures
  • Compile financial data necessary for funding applications
  • Help CEO with reporting related to funding

Required Skill Set

  • The CFO should have a master’s degree in accounting or business administration, or equivalent business experience.
  • The CFO must be able to fluently understand and manage all aspects of the company’s accounting and management reporting.
  • The CFO must be able to have appropriate systems and processes in place and collect sufficient data to have a bird’s eye view of the financial performance and risks of the business.
  • The CFO must be able to make projections for the future as well as spotting current trends and anomalies. The CFO must have an emotional relationship but a rational response to such trends and anomalies. In other words: the CFO must independently “react” and swiftly “ring the bell” appropriately, be it an opportunity or a threat, which he/she likely should spot before anyone else.
  • The CFO must be a good leader and a communicator both written and verbal. He/she must be able to convey a situation and its priorities timely and effectively to different levels of the organization: general staff, finance team, management and CEO and in some instances directly with the board of directors.
  • Proven experience as a Financial Controller is a must. Proven experience as CFO is a big plus but not a requirement. However, the CFO must have prior experience of partnering with an executive team.
  • The CFO must be a Zambian resident or have a Work Permit.

How to Apply

Send an application via email to [email protected]. In the subject line please indicate the position you are applying for; only those applications that reference the position in the subject line will be reviewed. Your application should consist of a cover letter and CV with three contactable referees (email, phone and full addresses)


Subscribe For Latest Updates

Signup for our newsletter and get notified when we publish new job vacancies for free!