JOB ADVERTISEMENT
FINANCE MANAGER
Meanwood Finance Corporation Limited, a dynamic and growing non-deposit taking Microfinance institution regulated by the Central Bank, is seeking to recruit a highly competent, results-driven, and experienced person to join our team as Finance Manager.
Job Purpose
To oversee the financial operations of the microfinance institution, ensuring effective financial planning, reporting, compliance, and support to lending activities, while aligning with the organization’s strategic objectives under the guidance of the Chief Financial Officer.
Key Responsibilities
1. Financial Planning & Analysis
- Support the CFO in developing budgets, forecasts, and financial strategies
- Monitor financial performance and provide variance analysis
- Analyze loan portfolio performance and profitability trends
- Prepare accurate and timely financial statements (monthly, quarterly, annual)
- Ensure compliance with accounting standards (e.g., IFRS) and Bank of Zambia prudential returns
- Submit reports to the CFO for review and consolidation
- Supervises: Accountants, Finance Officers, Cashiers
- Monitor daily cash flow and liquidity needs
- Ensure availability of funds for loan disbursements and operations
- Assist the CFO in managing funding sources and financial obligations
2. Loan Portfolio Oversight
- Track loan disbursements, collections, and arrears
- Monitor Portfolio at Risk (PAR) and provisioning levels
- Provide regular portfolio performance reports to the CFO
3. Compliance & Regulatory Reporting
- Ensure compliance with microfinance regulations and tax laws
- Prepare statutory and regulatory reports for review by the CFO
- Support audits and regulatory inspections
4. Risk Management & Internal Controls
- Implement internal controls and financial policies
- Identify and escalate financial risks to the CFO
- Monitor fraud risks and enforce control procedures
5. Budget Control & Cost Management
- Monitor departmental budgets and expenditures
- Ensure cost efficiency across operations
- Provide recommendations to the CFO on cost optimization
6. Team Supervision
- Supervise finance and accounting staff
- Ensure proper execution of financial processes and controls
- Support staff training and performance management
7. Audit Coordination
- Coordinate internal and external audits
- Prepare audit schedules and documentation
- Ensure implementation of audit recommendations
8. Strategic & Operational Support
- Provide financial insights to support decision-making
- Assist the CFO with financial strategy, fundraising, and investor reporting
- Support new product costing and financial feasibility analysis
Skills and Competencies
- Strong financial analysis and reporting skills
- Knowledge of microfinance operations
- Familiarity with accounting systems and MIS
- Good understanding of regulatory requirements
- Leadership and organizational skills
- High integrity and attention to detail
Key Performance Indicators (KPIs)
- Accuracy and timeliness of reports
- Portfolio quality (PAR and arrears)
- Budget compliance
- Liquidity management effectiveness
- Audit outcomes and compliance outcomes
Qualifications and Experience
Education
- Bachelor’s degree in accounting and finance, or related field
- Professional qualification (CA, ACCA, CIMA,) preferred
Experience
- Minimum of 5 years in finance/accounting, preferably in microfinance or financial services
- Experience in loan portfolio analysis is an advantage
- Valid membership with the Zambia Institute of Chartered Accountant (ZICA)
If you meet the requirements listed above, please submit your application (cover letter, curriculum vitae and certified supporting documents) to:
The Corporate Support Manager
Human Resource Department
Meanwood Finance Corporation Limited
Plot No. 51/ 52 Great East Road,
P.O Box 31334, Lusaka
E-mail: jobs@meanwoodfinance.co.zm
The closing date for accepting applications is Friday 17th April 2026.
Only shortlisted candidates will be contacted.
Meanwood Finance Corporation Limited is an equal opportunity employer and encourages applications from qualified individuals of all backgrounds.
