ZB Bank Finance Director  Assistant Financial Accountant, Manager - Reconciliations  Supports financial decision making by collecting, analysing, investigating and reporting on financial information to internal and external stakeholders 1. Prepares and analyses monthly financial statements for the Bank and submits to the Finance Director and other stakeholders.
2. Responsible for the preparation of IFRS compliant financial statements for the Bank.
3. Reviews monthly and quarterly returns to the regulatory authorities, prepared by Assistant Financial Accountant before submission. 
4. Reviews the quarterly and annual tax returns for the Bank and ensures that all payments are computed accurately and that all tax liabilities are settled within the regulated time frames. 
5. Administers the core banking system, with regards to maintenance of the general ledger accounts, with the responsibility for the correct allocation and classification of products and accounts, as well as the maintenance of general ledger accounts.
6. Reviews on a monthly basis, the reconciliation of the core banking system to the accounting system to ensure that all financial activity on the banking system has been captured correctly.
7. Liaises with the IT department with regards to the running of monthend reports on the core banking system and checks all the required reports are correct before distributing them to users within the Finance department, as well as users from other departments.
8. Provides information to External Auditors and attends to audit queries as and when they arise, during audit periods.
9. Participates in all projects to do with the Core Banking System and Reporting System which have an impact on financial information.
10. Assists in the preparation and or review of Board reports for the Bank.
11. Participates in Strategic Planning workshops for the Bank.
12. Participates in research and technical liaison with Group Finance on developing accounting issues and accounting policies as they relate to banking operations.
13. Assists with the review of reports for the Asset and Liability Management Committee.
14. Participates in the procurement process as an alternate member of the Procurement Committee.
15. Performs any other duties assigned by superiors. 
 Monthly management accounts
Board reports inputs
RBZ regulatory returns
Tax returns
Update meetings and weekly reports
Journal reviews
Ad hoc reports
Suspence Account reconciliation reviews
 Submission of input to financial accounts and reports
 
Submission of journals and expense analysis
Submission of all General Ledger account reconciliations
Update meetings and weekly reports
Submission of tax and compliance returns
Ad hoc tasks
  Liaise with IT department every month end for the creation of a Back Up unit from which to run month end reports on core banking system
 Review the monthly reconciliation of the accounting system to the core banking system and submit reconciliation to Finance Director for review
 Process year-end profit & loss consolidation reversals from the core banking system
 Checks material month end adjustments journals for the Bank before posting
 Maintain a schedule of monthly activities for the department
 Research on IFRS developments
   Degree in Accounting or equivalent  MBA/ MBL, Professional accounting qualification (ACA, CIMA, ICSA, CA)   Must have strong accounting and reporting skills
 Must be up to date with current International Accounting Standards
 Must be fully conversant with current Corporate Tax Laws
 Must have financial management skills
 Must have basic IT skills and appreciation of IT applications in a banking environment
 Must have basic level appreciation of auditing processes
 Must have in depth appreciation of banking business and banking processes
 Must have basic understanding of governance framework (Banking Laws)
 Must have ability to work with minimal supervision
 Must be a team player
 Must have the willingness to go the extra mile for the good of the department
 Must have good communication skills
 Must have the ability to work under extreme pressure
 Must have conflict management skills
 Must have analytical skills
  Decides on account and product structures on the core banking system and allocates accounts and products accordingly and provides the Group Accountant reports for appropriate changes to be done on the Group Trial Balance structure.
 Decides on the prioritization of tasks to be done in order to meet deadlines for submission of accounts or regulatory returns
 Decides on the allocation of ad hoc tasks to subordinates
 Decides on delegation of duties and required levels of supervision for immediate subordinates
 Decides on level of information to provide to fellow departments or branches within the bank
 Decides on training needs for self and subordinates 
 Decides on appropriate accounting policies to apply in technical scenarios
 Decides on the timing of submission of input for Board reports to ensure that all scheduled board meetings are met
 Decides on the appropriateness of journals that are processed on the Trial Balance of the Bank
 Decides on when to pay certain obligations e. tax, VAT, withholding tax and payments to suppliers
 Decides on what issues to escalate to senior management
  Managing provision of information to be submitted for ad hoc requests from regulators eg. requests to IT to provide information in a format different from that already defined on the system
 Investigating anomalies in profit and loss or balance sheet figures, arising from incorrect setting of parameters or incorrect definition of accounts on the system
 Managing delays in the setting up of month end reporting unit by IT department, or deletion of unit before month end is completed
 Managing misuse of general ledger accounts on the system by users through review of reconciliations or generation of reports from the system
 Pressure to meet tight deadlines
 Ensuring compliance with RBZ returns and tax returns 
 Ensuring compliance with Group internal reporting systems and procedures
 Managing the external audit process in order to minimize costs


Job evaluation subgrade: D