Treasury Accountant x1 & Treasury Assistant/Cashier x1

Dangote Cement Zambia Limited
Senior Chief Chiwala’s Area, Masaiti District, Ndola Zambia.
Company Overview
The Dangote group is one of Africa’s leading conglomerates producing diversified products. Dangote cement Zambia, a subsidiary of the Dangote group, is the leading producer of cement in Zambia with a modern advanced integrated cement plant in Ndola, on the Copperbelt.
Dangote cement requires an action oriented, high performing and dedicated professional in the following discipline:
1. Treasury Accountant
Job Summary
Manage the Company’s liquidity and cash flow ensuring business needs are met in a cost effective and prudent manner.
Manage and oversee funds requests, transfers and payment processing and relationship management.
Key Duties and Responsibilities
Establish and implement processes and frameworks for managing Company’s liquidity and risk in line with Group Treasury policies.
Develop and implement strategies to meet Company’s short, medium and long term financing needs ensuring alignment with the Company’s goals and objectives and the Group’s strategy.
Manage the Company’s daily cash flows/ liquidity and ensure availability of funds to meet the company’s operations and all likely contingencies.
Prepare cash forecasts and manage cash flows/cycles ensuring availability of adequate funds to meet Company’s daily operational requirements.
Identify the need and request for funds from Group as required thru the cash call process.
Recommend strategies for raising necessary funds to facilitate the realization of the group’s operational and corporate objectives.
Oversee the transfer of funds between banks and the Group.
Validate all supplier and vendor payments and ensure that all requests for payment are supported with valid invoices/ receipts and other supporting documents in line with Company’s financial policies.
Oversee the disbursement of cash ensuring compliance with defined policies and procedures.
Establish and manage relationships with key bankers and investors.
Participate/ provide inputs in the review of Company’s bankers ensuring compliance with Service Level Agreements.
Manage the unit’s budget, review and approve expenditures as defined in the approved manual of authority.
Continually identify new banking service opportunities and provide recommendations and/ or business case for adoption of such services.
Perform bank reconciliation with GL accountant and ensure that book balance always tie up with bank balance.
Collect all bank documents, statements and certificates for record purposes as well as during review both by internal and independent auditor.
Perform any other duties as assigned by the Chief Financial Officer.
Education and Work Experience
Full Grade 12 certificate.
Bachelor’s degree in Accounting, Economics or other related discipline.
Relevant professional certification (e.g. ZICA, ACCA, CIMA, CFA).
Minimum of four (4) years relevant work experience.
Skills and Behaviors
Good understanding of trends, challenges, opportunities, regulations and legislation relating to the cement manufacturing industry.
Strong finance and accounting knowledge, including experience with International Financial Reporting Standards.
Significant experience in the use of financial systems particularly SAP.
Good leadership and collaboration with peers and cross functional teams.
Good problem solving skills
High ethical standards and integrity.
2. Treasury Assistant/Cashier
Job Summary
Issue/disburse cheques, payment instruments and cash in accordance with approved policies and procedures.
Ensure petty cash level is constantly adequate for operational purposes.
Key Duties and Responsibilities
Prepare periodic payment schedules for the attention and approval of the Treasury Accountant.
Follow-up with the Treasury Accountant to ensure prompt approval of payments and endorsement of payment instruments.
Notify requesting parties when payment instruments are ready for collection.
Disburse cash and payment instruments to requesting parties.
Receive cash / payment instrument retirement in accordance with defined policies and procedures.
Perform periodic reconciliation of disbursed payments to cash inflows.
Ensure proper handling of cash, and other payment instruments including cheques, transfer letters, expense cards etc.
Prepare daily reconciled cash transaction position.
Post all payment transactions to SAP or coordinate with AP Accountant to ensure that all payments are posted on a timely manner.
Monitor and analyze periodic cash flows to detect business performance trends such as working capital ratios, and provide recommendations to the Team Lead, Plant Treasury Operations.
Maintain accurate and up-to-date records of all activities and transactions.
Prepare periodic reports of cash management and disbursement activities.
Perform any other duties assigned by the Team Lead, Plant Treasury Operations.
Education and Work Experience
Full Grade 12 certificate.
Bachelor’s degree in Accounting, Economics or other related discipline.
Relevant professional certification (e.g. ZICA, ACCA, CIMA, CFA).
Minimum of two (2) years relevant work experience.
Skills and Behaviors
Good understanding of trends, challenges, opportunities, regulations and legislation relating to the cement manufacturing industry.
Strong finance and accounting knowledge, including experience with International Financial Reporting Standards.
Significant experience in the use of financial systems particularly SAP.
Good leadership and collaboration with peers and cross functional teams.
Good problem solving skills
High ethical standards and integrity.
The holder of this position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function.
Candidates meeting the above requirements should send their applications to:
The Head HR & Admin and send them to Recruit.Zambia@DANGOTE.COM
Please note that you are to attach an Application Letter, Latest CV and scanned copies of your qualifications.
Deadline is 26th February, 2021. Positions should be clearly mentioned in the subject line e.g. “Treasury Accountant”.
Only shortlisted candidates will be contacted

Post a comment

Your email address will not be published. Required fields are marked *