Financial Controller

Job Description

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