Job Description

Finance Officer at Zanaco Plc

Advance Your Financial Career with One of Zambia’s Leading Financial Institutions

Position: Finance Officer
Company: Zanaco Plc (Zambia National Commercial Bank)
Location: Lusaka, Zambia
Employment Type: Full-Time, Permanent
Industry: Banking and Financial Services
Department: Finance, Planning & Performance Management
Experience Required: 3–8 Years
Education Required: Bachelor’s Degree or Higher in Finance, Accounting, Economics, Business Administration, or related field
Salary Range: ZMW 12,000 – ZMW 28,000 per month (Based on qualifications, certifications, and experience)
Benefits: Medical Insurance, Pension Scheme, Performance Bonus, Training Programs, Professional Development Support, Annual Leave Benefits

About Zanaco Plc

Zanaco Plc is one of Zambia’s largest and most recognized commercial banks, serving individuals, SMEs, corporate organizations, agricultural enterprises, and public institutions. With a strong national presence and a commitment to financial inclusion, digital banking innovation, and sustainable growth, the bank continues to play a significant role in Zambia’s financial sector.

To support its expanding operations and strategic financial objectives, Zanaco Plc is seeking a skilled Finance Officer to join its finance division and contribute to budgeting, financial reporting, forecasting, compliance, and business performance initiatives.

Professionals searching for jobs in Zambia within the banking and financial services sector will find this role both rewarding and professionally enriching.

Position Overview

The Finance Officer will support financial management activities across the organization by ensuring accurate reporting, monitoring financial performance, maintaining compliance standards, supporting budgeting processes, and assisting management in strategic decision-making.

The successful candidate will collaborate closely with accountants, auditors, treasury teams, risk specialists, departmental leaders, and executive management.

Individuals interested in job openings in Zambia within corporate finance and banking environments are encouraged to apply.

Key Responsibilities

Financial Reporting and Analysis

The Finance Officer will:

• Prepare monthly, quarterly, and annual financial reports.
• Support preparation of management accounts.
• Analyze financial statements and business performance.
• Monitor financial performance indicators.
• Ensure reporting accuracy and regulatory compliance.
• Support executive reporting requirements.
• Prepare variance and trend analysis reports.

Candidates exploring vacancies in Zambia within finance departments will gain exposure to complex financial operations and reporting structures.

Budgeting and Financial Planning

Responsibilities include:

• Supporting annual budgeting processes.
• Assisting business units with budget preparation.
• Monitoring expenditure against approved budgets.
• Preparing financial forecasts.
• Conducting financial planning exercises.
• Identifying opportunities for cost optimization.
• Supporting strategic resource allocation decisions.

Professionals searching for jobs in Lusaka frequently seek opportunities that involve direct participation in organizational financial planning.

Accounting and Reconciliation

The successful candidate will:

• Review accounting transactions.
• Maintain financial records and documentation.
• Monitor ledger balances.
• Conduct account reconciliations.
• Support month-end and year-end closing procedures.
• Verify financial transactions and supporting documents.
• Ensure compliance with accounting standards.

Compliance and Internal Controls

The Finance Officer will:

• Support internal and external audit activities.
• Assist with regulatory reporting requirements.
• Strengthen financial control frameworks.
• Monitor compliance with internal policies.
• Identify financial and operational risks.
• Support governance initiatives.
• Recommend process improvements.

Candidates interested in recruitment in Zambia opportunities within financial institutions should demonstrate strong attention to detail and regulatory awareness.

Business Performance Support

Additional responsibilities include:

• Preparing financial dashboards and reports.
• Monitoring profitability indicators.
• Conducting operational performance analysis.
• Supporting investment evaluations.
• Assisting management decision-making processes.
• Developing financial models for strategic initiatives.

Educational Requirements

Applicants should possess:

• Bachelor’s Degree in Finance.
• Bachelor’s Degree in Accounting.
• Bachelor’s Degree in Economics.
• Bachelor’s Degree in Commerce.
• Bachelor’s Degree in Business Administration.

Preferred additional qualifications include:

• ACCA.
• CIMA.
• CPA.
• CFA.
• MBA (Finance or Accounting).

Professionals participating in hiring in Zambia processes within finance functions often benefit from recognized professional certifications.

Experience Requirements

Preferred qualifications include:

• Minimum 3 years of relevant finance or accounting experience.
• Experience within banking, insurance, telecommunications, consulting, FMCG, mining, or financial services sectors.
• Knowledge of financial reporting frameworks.
• Experience in budgeting and forecasting.
• Familiarity with ERP systems and financial software.
• Exposure to audit and compliance functions.

Technical Skills Required

Candidates should possess expertise in:

• Financial Reporting
• Financial Analysis
• Budget Management
• Accounting
• Corporate Finance
• Financial Planning
• Forecasting
• Cash Flow Management
• Financial Modeling
• Risk Management
• Internal Controls
• Audit Compliance
• Management Reporting
• Variance Analysis
• Business Analytics
• ERP Systems
• Microsoft Excel
• Tax Compliance
• Treasury Operations
• Data Analysis

These competencies continue to rank among the most sought-after skills across Zambia’s financial services industry.

Professional Competencies

Successful candidates should demonstrate:

• Strong analytical thinking.
• Excellent communication abilities.
• High ethical standards.
• Attention to detail.
• Organizational effectiveness.
• Time management skills.
• Problem-solving capability.
• Ability to work independently and collaboratively.

Training and Professional Development

Zanaco Plc supports employee development through:

• Financial management workshops.
• Banking compliance programs.
• Leadership development initiatives.
• Professional certification sponsorship.
• Digital banking training.
• Risk management courses.
• Financial analysis workshops.
• Internal mentorship programs.

Candidates pursuing long-term jobs in Zambia often prioritize employers committed to workforce development and professional growth.

Compensation and Benefits

Financial Benefits

• Monthly salary ranging from ZMW 12,000 to ZMW 28,000.
• Annual performance bonuses.
• Pension contributions.
• Transportation support.
• Project-based incentives where applicable.

Employee Benefits

• Comprehensive medical insurance.
• Paid annual leave.
• Professional development funding.
• Career advancement opportunities.
• Employee wellness initiatives.
• Banking staff privileges.

Work Environment

The Finance Officer will operate within:

• Corporate finance teams.
• Financial planning departments.
• Reporting and analysis functions.
• Strategic business units.
• Governance and compliance divisions.
• Banking operations departments.

Professionals monitoring job vacancies in Zambia continue to observe increasing demand for finance professionals capable of supporting digital transformation and organizational growth.

Career Progression Opportunities

Exceptional performers may progress into positions such as:

• Senior Finance Officer
• Financial Analyst
• Finance Manager
• Treasury Manager
• Financial Controller
• Head of Finance
• Finance Director
• Chief Financial Officer

Why Join Zanaco Plc?

Working with Zanaco Plc offers:

• Exposure to one of Zambia’s leading banking institutions.
• Opportunities to contribute to strategic business initiatives.
• Access to advanced financial technologies.
• Strong corporate governance standards.
• Professional growth opportunities.
• A collaborative and performance-driven culture.

Professionals seeking a rewarding job in Zambia within a respected financial institution will find significant long-term career opportunities within this role.

Employment Location

Primary Location:

Lusaka, Zambia

Applications are welcomed from professionals residing in:

• Lusaka
• Ndola
• Kitwe
• Livingstone
• Kabwe
• Chingola
• Mufulira
• Solwezi

Individuals searching for jobs in Lusaka, jobs in Ndola, vacancies in Lusaka, and job openings in Zambia are encouraged to submit applications.

Career and Employment Resources

Professionals exploring opportunities through a trusted job portal in Zambia may review available vacancies at:

https://zambiajobssearch.com/

Candidates interested in broader African finance opportunities can also explore:

https://moroccojobsearch.com/

Professionals considering East African career opportunities may find useful resources through:

https://tanzaniajobsearch.com/

Additional regional employment information can be reviewed at:

https://namibiajobsearch.com/

Application Requirements

Interested candidates should submit:

• Updated CV or Resume.
• Cover Letter.
• Academic Certificates.
• Professional Certifications.
• National Identification Documents.
• Professional References.

Recruitment Process

Qualified applicants may participate in:

1. Initial Application Screening.
2. Finance Competency Assessment.
3. Technical Interview.
4. Financial Case Study Evaluation.
5. Management Interview.
6. Reference and Background Verification.

Candidates utilizing a job posting in Zambia platform frequently prioritize organizations that maintain transparent and merit-based recruitment procedures.

Equal Opportunity Statement

Zanaco Plc is committed to equal opportunity employment and welcomes applications from qualified candidates regardless of gender, age, disability, religion, ethnicity, or background. Selection decisions are based solely on qualifications, experience, competencies, and business requirements.

Whether you are searching for jobs in Zambia, reviewing vacancies in Zambia, exploring job openings in Zambia, planning to hire in Zambia, seeking to recruit in Zambia, researching recruitment in Zambia, browsing a trusted job portal in Zambia, or pursuing a rewarding job in Zambia, this Finance Officer opportunity provides an excellent platform to contribute to one of the country’s most respected financial institutions while advancing your professional career.