Accountant NAPSA Staff Pension Scheme

NAPSA STAFF PENSION SCHEME

EMPLOYMENT OPPORTUNITY

ACCOUNTANT (GRADE SPF 03)

The NAPSA Staff Pension Scheme wishes to recruit an Accountant for the Scheme to be based in Lusaka. The NAPSA Staff Pension Scheme is an independent institution from the National Pension Scheme Authority. The successful applicant will need to demonstrate relevant experience of having worked in a similar environment.

MAIN PURPOSE OF THE JOB

To assist the Finance Manager in planning, coordinating and implementing the Pension Scheme’s objectives and financial procedures, to provide accurate and up to date financial information to management for decision making. He/She shall be involved in the preparation of financial statements, management reports and budgets.

KEY RESPONSIBILITIES

Maintenance of Financial records

• Ensures accurate and timely capturing and processing of financial information in the accounting system.
• Maintains an updated and accurate fixed asset register for the efficient utilization, management and accounting of Scheme’s assets.
• Ensures timely reconciliation of ledger and bank accounts on a monthly, quarterly and annual basis.

Management Reports

• Prepares monthly and quarterly management accounts in accordance with applicable International Financial Reporting Standards (IFRS), including variance analysis reports to aid in management decision making, monitoring and control.

Payroll processing and payments

• Maintains an updated payroll system. Timely and accurate capturing of payroll inputs and processing.
• Ensures timely preparation, submission of returns and payment of payroll based statutory obligations such as PAYE, NAPSA contributions, NHIMA contributions and Workers’ Compensation assessments.
• Timely and accurate processing of payments to the Scheme’s beneficiaries, employees, suppliers and other eligible payees.

Internal and External Audits

• Manages periodic internal audit processes and ensures timely resolution of issues arising from the audit processes and effective implementation of audit recommendations.
• Manages the external audit processes and liaises with the Finance Manager on technical issues pertaining to the preparation of annual audited financial reports and timely provision of information to the external auditors.

Regulatory compliance.

• Prepares quarterly and annual returns for review and submission to the Regulatory Authority, the Pensions and Insurance Authority (PIA).
• Ensures that the Audited Financial Statements are timely submitted to the Regulatory Authority.
• Ensures the Scheme is compliant with all other statutory obligations (return submission and payment).

QUALIFICATIONS AND EXPERIENCE

• Full Grade 12 Certificate with credits or better in Mathematics and English.
• Full ACCA/CIMA/ZICA/CA Zambia/bachelor’s degree in accountancy or finance
• Strong experience and knowledge of accounting software such as Sage, ACCPAC or Pastel.
• Not less than Five (5) years’ experience in accounting/finance with minimum of Two (2) years at the level of Accountant or equivalent supervisory level.
• Experience in the Occupational Pensions industry will be an added advantage.