Finance Manager

Vacancy Details

  • Career Level Supervisor / Manager
  • Experience 5 Years
  • What we do Accounting / Banking & Finance
  • Qualifications Bachelors DegreeProfessional Qualification
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Job Description

People’s Own Savings Bank, is a reputable financial institution in Zimbabwe. With a rich history and strong presence in the banking sector, the bank has been providing reliable banking services and financial solutions to individuals and businesses for many years.

POSB is looking for a dynamic and experienced Finance Manager to join their team. As the Finance Manager, you will play a crucial role in providing financial information for decision-making through financial reporting, planning, compliance, and tax management.

This is an excellent opportunity to contribute to the bank’s success and drive its financial strategies forward. The position offers an attractive remuneration package commensurate with qualifications and experience.

Duties and Responsibilities:

  • Formulate strategic and long-term business plans to support the bank’s financial objectives
  • Prepare accurate and timely financial and management reports, ensuring compliance with accounting standards and regulations
  • Analyze cash flows, identify trends, and provide insights to support informed decision making
  • Oversee internal and external audits, ensuring compliance and implementing recommendations
  • Monitor and review internal control systems to safeguard the bank’s assets and mitigate risks
  • Manage the bank’s taxes, ensuring compliance with tax laws and regulations
  • Maintain the general ledger and accounting systems, ensuring accuracy and completeness of financial records
  • Authorize purchases and payments within set limits, adhering to budgetary guidelines
  • Coordinate and supervise the work of the Finance department, providing guidance and support to team members
  • Stay updated with International Financial Reporting Standards and accounting regulations, ensuring adherence within the organization
  • Collaborate with cross-functional teams to support financial planning and decision-making processes

Qualifications and Experience:

  • Degree in Finance or Accounting
  • Professional qualification in accounting is essential
  • Post-graduate qualification would be an added advantage
  • Minimum of 5 years of experience in the accounting field, with at least 2 years in a managerial role
  • Strong leadership, interpersonal, and communication skills
  • Solid understanding of International Financial Reporting Standards and accounting standards
  • In-depth knowledge of statutory legislation and regulations
  • Ability to supervise and motivate a team effectively

If you are a dedicated finance professional seeking a challenging role in a reputable financial institution, we encourage you to apply. Interested candidates should submit their applications, including a detailed CV, proof of qualifications, and experience in a single PDF file no later than 7th February 2024.

People's Own Savings Bank (POSB)

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