Assistant Management Accountant

BACKGROUND

The Energy Regulation Board (ERB) is a statutory body created by the Energy Regulation Act No. 12 of 2019 to regulate Zambia’s energy sector.

ERB is seeking a qualified and experienced Zambian national to fill the position of Assistant Management Accountant at its Head Office in Lusaka.

Job Title: Assistant Management Accountant

Job Type: Permanent and Pensionable

Location: Head Office – Lusaka

ERB Grade: ERB 6

Reports To: Management Accountant

JOB PURPOSE

To assist in providing management with accurate and timely financial information on the financial position and performance of ERB, and to support budgeting, expenditure monitoring, management reporting, cash flow monitoring and maintenance of management accounting records for planning and decision-making.

MAIN DUTIES AND RESPONSIBILITIES

• Assist in collecting and compiling departmental budget inputs into a consolidated format for review and approval.
• Support preparation of the consolidated ERB budget and assist in communicating approved budget guidelines to departments.
• Monitor expenditure against approved budgets and assist in preparing monthly variance reports for management review.
• Assist in preparing monthly and quarterly operational reports on income and expenditure.
• Support preparation of monthly, quarterly and annual management accounts.
• Assist in compiling information required for annual reports following the external audit process.
• Review entries in the accounting system to help ensure accuracy, completeness and integrity of financial information.
• Assist in monitoring cash flows and preparing information to support effective utilisation of financial resources.
• Maintain and safeguard management accounting records and documents.
• Liaise with departments and regional offices to obtain financial data required for budgeting, reporting and performance analysis.
• Prepare schedules, reconciliations and supporting analyses for management reporting and decision-making.

REQUIRED SKILLS

• Management Accounting
• Budgeting
• Expenditure Monitoring
• Variance Analysis
• Management Accounts
• Financial Analysis
• Report Writing
• Reconciliations
• Accounting Systems
• Microsoft Excel
• Attention to Detail
• Professionalism

MINIMUM QUALIFICATIONS

• Grade 12 Certificate with five (5) credits or better.
• Diploma in Accountancy or equivalent accounting qualification, or part-qualified ACCA/CIMA.
• A Degree in Accountancy and/or full ACCA, CIMA or ZICA (CA) will be an added advantage.
• Paid-up member of the Zambia Institute of Chartered Accountants (ZICA).
• Minimum two (2) years’ relevant work experience in a finance or accounting environment.
• Verification of all qualifications by ZAQA is required.

Responsibilities

• Assist in collecting and compiling departmental budget inputs into a consolidated format for review and approval.
• Support preparation of the consolidated ERB budget and assist in communicating approved budget guidelines to departments.
• Monitor expenditure against approved budgets and assist in preparing monthly variance reports for management review.
• Assist in preparing monthly and quarterly operational reports on income and expenditure.
• Support preparation of monthly, quarterly and annual management accounts.
• Assist in compiling information required for annual reports following the external audit process.
• Review entries in the accounting system to help ensure accuracy, completeness and integrity of financial information.
• Assist in monitoring cash flows and preparing information to support effective utilisation of financial resources.
• Maintain and safeguard management accounting records and documents.
• Liaise with departments and regional offices to obtain financial data required for budgeting, reporting and performance analysis.
• Prepare schedules, reconciliations and supporting analyses for management reporting and decision-making.

Skills

• Management Accounting
• Budgeting
• Expenditure Monitoring
• Variance Analysis
• Management Accounts
• Financial Analysis
• Report Writing
• Reconciliations
• Accounting Systems
• Microsoft Excel
• Attention to Detail
• Professionalism

Qualifications

• Grade 12 Certificate with five (5) credits or better.
• Diploma in Accountancy or equivalent accounting qualification, or part-qualified ACCA/CIMA.
• A Degree in Accountancy and/or full ACCA, CIMA or ZICA (CA) will be an added advantage.
• Paid-up member of the Zambia Institute of Chartered Accountants (ZICA).
• Minimum two (2) years’ relevant work experience in a finance or accounting environment.
• Verification of all qualifications by ZAQA is required.

How to Apply

Job application procedure
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Applicants must first complete the pre-application form available through the ERB e-Job Application for Assistant Management Accountant (1) or by scanning the QR Code provided by ERB.

Applicants who meet all minimum qualifications will be invited to submit the following:

• Application letter.
• Current CV with a minimum of two (2) professional referees in PDF format.
• ZAQA-certified photocopies of Grade 12, Degree/Diploma, professional qualification and ZICA membership documents.

No hard copies will be considered.