Treasury Officer , African Development Bank

• Position title: Treasury Officer - FTRY
• Grade: PL5
• Position N°: 50078366
• Reference: ADB/15/140
• Publication date: 01/10/2015
• Closing date: 21/10/2015

Objectives

The role of the Capital Markets and Financial Operations Division (FTRY.1) is to:  (1) Raise cost effective resources from the capital markets; (2) Contribute to the Capital Increases process and administer the subscriptions of shareholders to the capital of the African Development Bank (ADB); and (3) Contribute to the ADF replenishment negotiations and administer the subscriptions of donors to the African Development Fund (ADF) and Multilateral Debt Relief Initiative.

Duties and responsibilities

Under the general supervision of the Division Manager, FTRY.1, the incumbent will carry out the following functions, namely:

Implementation of the borrowing program and management of liability

• Monitor bond markets through various information sources including Bloomberg;
• Identify and develop strategies for relevant products or markets;
• Contribute to all stages of the borrowing process;
• Prepare the annual borrowing program;
• Manage relationships with banks and maintain constant flow of discussions on bond markets developments and a proactive and comprehensive coverage across markets and instruments;
• Draft, negotiate and finalize the technical documents required to launch new bond issues;
• Source, analyse, price, negotiate and execute borrowing, derivatives, buyback trades and other liability management transactions;
• Participate in the investors relations program to deepen and widen the Bank’s investor base, updating them on the Bank’s credit story;
• Update the Bank’s borrowing documentation including the GDIF (Global Debt Issuance Facility) and GIS (Global Information Statement).

 Administer resources and subscriptions of the ADB, ADF and Multilateral Debt Relief Initiative (MDRI)

• Provide advice to the Manager on issues related to the administration of subscriptions;
• Draft and prepare technical papers;
• Review and control documents related to the implementation of the ADB, ADF resolutions and MDRI;
• Advise shareholders and internal parties on key issues related to their subscriptions;
• Implement the relevant resolutions of capital increases, ADF replenishments and MDRI;
• Work on the improvement / establishment of automated systems for the management of subscriptions and contributions;
• Administrative management of subscriptions, contributions, payments and encashments;
• Prepare the voting powers;
• Prepare financial notes, briefs and status reports.

  Participate in the Bank’s credit rating review process

• Contribute to the annual rating review process with Credit Rating Agencies;
• Participate in the review of the Bank’s financial policies;
• Provide advice to the Manager on issues pertaining to financial policies;
• Prepare the Bank’s Financial Presentation booklet;
• Prepare the administrative hedge of the Bank’s capital.

Selection Criteria

Including desirable skills, knowledge and experience

• A minimum of a Master's degree in Finance, Economics, Statistics or related quantitative discipline;
• A minimum of five years (5) of relevant professional experience in international Capital Markets, fixed income markets;
• Very strong working knowledge of derivative products;
• Ability to write clear, convincing and well-structured business documents and reports; 
• Excellent knowledge and understanding of financial instruments, particularly bonds, derivatives, structured products, and risk management concepts;
• Ability to work effectively with in a multi-cultural environment;
• Ability to cope with multiple demands and competing priorities;
• Ability to bring together people with complementary skills to ensure a project’s success;
• Ability to take ownership for projects and ensuring that output is of the highest quality and delivered in a timely manner;
• Command of standard computer software applications such as Word, Excel, PowerPoint;
• Knowledge of Bloomberg, Summit/Numerix would be an advantage;
• Excellent written and verbal communication skills in English and / or French with a good working knowledge of the other language.

Apply online

Apply for this position

To apply for this position, you need to be national of one of AfDB member countries.

Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The AfDB President reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply: www.afdb.org/jobs

Finance Manager – Zambia

Finance Manager – Zambia – Salary designed to attract high performers.

Are you a natural leader who can deliver effective results and meet tight deadlines under pressure? Have you worked with complex financial plans and have the ability to lead others through the process?

We are looking for a Finance Manager with ‘Big 4’ experience, a minimum of 3 years post qualified experience and a post-secondary degree in Accounting and Financial Management. Our client is a global market leader supplying goods and services across 5 continents in more than 20 countries and with a turnover in excess of $1.5Bn. They are recognised as the premier employer in their field offering tangible opportunities for personal and professional development.

The Finance Manager is responsible for leading and managing the finance function and supporting the company’s operational activities throughout Zambia.  The primary focus is on providing timely reports to both the Southern African Senior Management Team and Head Office and to develop a strong Finance team where both internal and external customer expectations are met.

Work Experience:

• Managed the audit of multi-site engineering organizations
• Exposure to cross-border transactions for tax and legal purposes

Knowledge, Skill and Abilities:

• Understands how to generate and manage a budget plan and commercial plan.
• Has worked with complex financial plans and can lead others through processes.
• Understand the core value of customer contracts and the key influences that drive value, increased revenue and service delivery improvement.
• Ability to communicate with a wide range of people both verbally and written.
• Ability to exercise sound judgment to identify and resolve problems.
• Ability to operate under pressure.
• Able to deliver effective results, meet tight deadlines and targets.

IF THIS IS SOMETHING YOU WOULD BE INTERESTED IN PLEASE APPLY WITH YOUR CV VIA THIS ADVERT AND WE WILL CONTACT YOU AS SOON AS POSSIBLE.

To apply for this job email your details to leon.welsh@recruitment-department.com

Manager Credit Support job at Finance Bank Zambia

Finance Bank Zambia Plc is seeking to appoint suitably qualified and experienced persons in credit Support Department based at Head office.

Manager Credit Support
Reporting to the Assistant Director – Credit Support

Main purpose

• Identifies cross sell opportunities, prepare client credit proposals, annual reviews, renewals of credit proposals, annual reviews, renewals of credit facilities, and coordination of document preparations and closings
• Maintain a discreet portfolio of credit relationships and undertake financial analysis, credit analysis and approval process
• Coordinate credit and loan portfolio administration support  such as a monitoring expiring facilities, document exceptions
• Lead and direct team members to maintain a prudent credit culture through separation of credit initiation and approval processes

Responsibilities

• Carry out credit underwriting activities for credit products and carry out preliminary analysis of applications for credit facilities as submitted by the Branches to ensure compliance with the Bank’s Credit Policy
• Carry out risks assessments of applications for credit facilities and obtain approval from relevant approving authorities
• Prepare reports for monitoring of credit facilities
• Any other tasks as assigned by the Departmental Head

Requirements

• A university degree (Finance/Accounting/Banking)
• Certified professional courses in Accounting/Credit/Risk will be added advantage

ExperienceAt least 3-4 years in a Credit related function in a Commercial Banking institution.

Skills

• Analytical skills to be able to compile and evaluate credit applications
• An understanding of financial statements
• Knowledge of general banking operations
• IT literate: spreadsheets, MS Word

To apply
If you think you are the right person we are looking for and meet the above qualification and experience, apply to jobs@financebank.co.zm

Credit Officer job at Finance Bank Zambia

Finance Bank Zambia Plc is seeking to appoint suitably qualified and experienced persons in credit Support Department based at Head office.

Credit Officer 

Main purpose of the job

To provide administrative support to the Assistant Manager – credit, in the day to day general lending activities of the bank.

Key areas of the responsibility

• Preparation of facility letters, perfection of security and general correspondence.
• Marking of limits/loan contracts, monitoring credit facilities and maintenance of accurate MIS
• Reconciliation of suspense accounts and periodic accounts reviews of the loan book
• Competent in the suspense accounts and prompt submission of Prudential Returns to Banks of Zambia

Qualifications

• He/she must have good interpersonal, analytical and strong writing skills.
• He/she must have a minimum of a degree in Business Administration, Economics, Finance or equivalent with at least 3 years post qualifying practical
• Proficiency in Ms Office (Word, Excel, PowerPoint and outlook) is recommended

To apply

If you think you are the right person we are looking for and meet the above qualification and experience, apply to jobs@financebank.co.zm

Airtel Zambia Jobs - Financial Reporting Manager , Lusaka

Department: Airtel Money

Vacancy: Financial Reporting Manager

Level: Senior Manager

Location: Lusaka

Job Purpose

To comply with statutory requirements of reporting financial performance of Airtel Networks Zambia under IFRS.

Reporting to the Financial Controller, the role will be responsible for

1. Management of Input and Output SLAs for Financial Reporting between Airtel Networks Zambia and ACE:

• Ensure alignment of all Business Units in Airtel Network Zambia with the SLAs signed with ACE – Hold frequent review meetings with Business Units to align them with SLA deliverables
• Ensure timely submission of all Inputs to ACE in line with agreed SLAs
• Ensure timely review and validation of all inputs submitted to ACE
• Ensure timely review and validation of all Outputs from ACE for confirmation of accuracy and completeness of outputs and as per inputs submitted.
• Timely closure of all identified issues that arise in the monthly book closure process

2. Accounting

• Ensure accuracy of all transactions posted in the GL
• Ensure all transactions posted to the GL have valid verifiable back up that must be retained for Internal and External Audits
• Ensure all transactions posted in the GL are in line with applicable company accounting guidelines and relevant IFRS

3. Review and Analysis of Monthly Financial Statements

• Analytical review of Revenue in line with Key business revenue drivers
• Ensure justification of all operating expenditure lines with valid back up for all movements that occur monthly
• Review and analysis of all balance sheet accounts before closure of monthly financial statements.

4. Balance Sheet Health (Reconciliations)

• Ensure all critical balance sheet reconciliations are completed as per guidelines
• Ensure all other balance sheet reconciliations are completed monthly
• Ensure follow up and closure of matters arising from balance sheet reconciliations
• Ensure evidence of balance sheet reconciliation is available at all time for review
• Maintain a register of key matters arising from balance sheet reconciliations with relevant action plans and closure dates as part of monthly governance process

5. Operations

• Ensure end to end management of Vendor Payment Cycle
• Ensure end to end management of the channel accounting cycle
• Ensure end to end management of the Roaming and Interconnection functions
• Ensure end to end management of the Fixed Assets Accounting Function

6. Governance

• Ensure monthly balance confirmation sign off for all Intercompany Accounts
• Ensure Quarterly Balance confirmation from banks for bank balances and loans where applicable
• Ensure all accounting transactions are authorized as per FDOA
• Ensure monthly sign off of all reconciliations and retention of all relevant accounting evidence
• Ensure monthly submission of Group Accounting Guideline and Desk Top Review Schedules as per monthly reporting calendar.

Required Skills & Knowledge

Educational Qualifications  & Functional / Technical Skills	Chartered Accountant/Certified Public Accountant & IFRS Expert Knowledge
Relevant Experience (Type of experience and minimum number of years)	6 to 8 years Knowledge of the latest accounting tools / Software available for reporting Knowledge of changes in the Accounting Standards applied under IFRS Exposure to an ERP environment Preferred background being telecom / service industry
Other requirements (Behavioral etc.)	Inter personnel skill Cross functional appreciation Business and commercial acumen Ability to align strategies and systems to business needs Ability to ensure the empowerment and development of the personnel within the department.

Closing Date:

Suitable candidates are required to send their application & Curriculum vitae to jobs@zm.airtel.com. Closing date for applications is Friday 28th August, 2015.

Please Note that only shortlisted candidates will be contacted.

Internal Audit Officer Job at ZAMTEL

Job Title: Internal Audit Officer

Closing Date: 21st August, 2015

OVERALL PURPOSE

Participating in timely delivery of high quality, value added assurance to Zamtel Senior Management and the Finance and Audit Committee over a portfolio of business activities in respect of governance, risk management and internal control.

JOB SPECIFICATION

Minimum Qualifications:

• University degree and/or
• Professional qualification accounting qualification such as ACCA and CIMA
• Certified Information Systems Auditor (CISA) or Certified Internal Auditor (CIA) certifications added advantage.

Professional Registration: Zambia Institute of Chartered Accountants, Institute of Internal Auditors (IIA) or Information Systems Audit and Control Association (ISACA)

Minimum Experience : Minimum of 3 years’ experience in an auditing environment

Key Skills:

• Good working knowledge of the principles, theories and practices commonly used in internal auditing
• A broad understanding of the Telco business Knowledge of Telco regulatory environment, Accounting principles and the International Professional Practices Framework (IPPF)

Click here to download the full job profile.

How to Apply:

Interested candidates should submit their applications electronically via our website www.zamtel.co.zm.

Applications should be sent electronically consisting of a letter and CV as a single document(PDF or word).

Applications should be saved and sent in the following format:Job title_Name_CVnote e.g. Senior_Network_Administrator_Bwalya_Mpundu_CVnote

Note: If you previously applied for this particular job and made a mistake in applying by sending an incorrect CV or Application and wish to change the file, simply re-upload the file and re-apply to update the previous document.

Financial Reporting Manager Job at AIRTEL ZAMBIA

Job Title: Financial Reporting Manager

Department: Airtel Money

Level: Senior Manager

Location: Lusaka

Job Purpose

To comply with statutory requirements of reporting financial performance of Airtel Networks Zambia under IFRS.

Reporting to the Financial Controller, the role will be responsible for

1. Management of Input and Output SLAs for Financial Reporting between Airtel Networks Zambia and ACE:

• Ensure alignment of all Business Units in Airtel Network Zambia with the SLAs signed with ACE – Hold frequent review meetings with Business Units to align them with SLA deliverables
• Ensure timely submission of all Inputs to ACE in line with agreed SLAs
• Ensure timely review and validation of all inputs submitted to ACE
• Ensure timely review and validation of all Outputs from ACE for confirmation of accuracy and completeness of outputs and as per inputs submitted.
• Timely closure of all identified issues that arise in the monthly book closure process

2. Accounting

• Ensure accuracy of all transactions posted in the GL
• Ensure all transactions posted to the GL have valid verifiable back up that must be retained for Internal and External Audits
• Ensure all transactions posted in the GL are in line with applicable company accounting guidelines and relevant IFRS

3. Review and Analysis of Monthly Financial Statements

• Analytical review of Revenue in line with Key business revenue drivers
• Ensure justification of all operating expenditure lines with valid back up for all movements that occur monthly
• Review and analysis of all balance sheet accounts before closure of monthly financial statements.

4. Balance Sheet Health (Reconciliations)

• Ensure all critical balance sheet reconciliations are completed as per guidelines
• Ensure all other balance sheet reconciliations are completed monthly
• Ensure follow up and closure of matters arising from balance sheet reconciliations
• Ensure evidence of balance sheet reconciliation is available at all time for review
• Maintain a register of key matters arising from balance sheet reconciliations with relevant action plans and closure dates as part of monthly governance process

5. Operations

• Ensure end to end management of Vendor Payment Cycle
• Ensure end to end management of the channel accounting cycle
• Ensure end to end management of the Roaming and Interconnection functions
• Ensure end to end management of the Fixed Assets Accounting Function

6. Governance

• Ensure monthly balance confirmation sign off for all Intercompany Accounts
• Ensure Quarterly Balance confirmation from banks for bank balances and loans where applicable
• Ensure all accounting transactions are authorized as per FDOA
• Ensure monthly sign off of all reconciliations and retention of all relevant accounting evidence
• Ensure monthly submission of Group Accounting Guideline and Desk Top Review Schedules as per monthly reporting calendar.

Required Skills & Knowledge

Educational Qualifications  & Functional / Technical Skills

• Chartered Accountant/Certified Public Accountant & IFRS Expert Knowledge

Relevant Experience (Type of experience and minimum number of years)

• 6 to 8 years
• Knowledge of the latest accounting tools / Software available for reporting
• Knowledge of changes in the Accounting Standards applied under IFRS
• Exposure to an ERP environment
• Preferred background being telecom / service industry

Other requirements (Behavioral etc.)

• Inter personnel skill
• Cross functional appreciation
• Business and commercial acumen
• Ability to align strategies and systems to business needs
• Ability to ensure the empowerment and development of the personnel within the department.

Closing Date:

Suitable candidates are required to send their application & Curriculum vitae to jobs@zm.airtel.com. Closing date for applications is Friday 28th August, 2015.

Please Note that only shortlisted candidates will be contacted.

Finance Manager Job at Society for Family Health Zambia

Society for Family Health (SFH) is a leading Local Zambian Organization with programmes targeting malaria, child survival, HIV and reproductive health SFH work ranges from on the ground implementation of health services, and community programs to distribution of health care products and services to the most vulnerable populations, provides life-saving products, clinical services and behavior change communications that empower the most vulnerable populations to lead healthier lives. SFH seeks an experienced individual to fill the following position.

Finance Manager

This is a long term position. S/he will work closely with Finance Director and other staff to ensure resources are effectively budgeted and managed. This position is based in Lusaka, Zambia and will report to Finance Director.
Key responsibilities
– Provide financial and technical management to ensure best use of resource through sound budgeting, monitoring of expenses and timely preparation of donor financial reports
– Review monthly field office operating expense reports for completeness, accuracy and compliance
– Maintain Data integrity of all financial transactions and assist program Managers in collecting appropriate expense documentation
– Track monthly budgets to compare projections versus expenditure
– Maintain strong internal policies, processes and controls in order to provide timely, consistent, accurate financial and budget management
– Assist in strategic planning, work planning and budgeting processes under the supervision of Finance Director

Qualifications
– Degree in Accounting –ACCA/CIMA and ZICA professional membership
– A Master’s Degree would be an added advantage
– S/he should have at least 8 years professional experience managing financial and contractual aspects of development projects, including experience in managing finances for United States Government funded projects
– Ability to adopt new software and financial management systems
– Excellent management and leadership skills
– Proven analytical skills in isolating priorities and tackling them
– Demonstrated decision making and risk management capabilities
– Fluent in English and must possess excellent oral and written communication skills
– In-depth knowledge of United States Government and regulations and other donor regulations required

Email cover letters together with detailed CVs by 21st August 2015 to:
HumanResource@sfh.org.zm or send to The Head – Human Resources, Society for Family Health, Plot No. 549, Ituna Road, P.O Box 50770, Lusaka.

SFH is an Equal OPPORTUNITY Employer, and encourages applications from qualified individuals regardless of gender, race, religion, national origin, sexual orientation, or disability.

For more information about PSI/SFH and its affiliates worldwide, please visit our website at: www.psi.org