Head – Finance at Securities and Exchange Commission (SEC)

The Securities and Exchange Commission (SEC) is a body corporate established under the repealed Securities Act, Cap. 354 of the Laws of Zambia and whose existence is continued under the new Securities Act, No. 41 of 2016. SEC has the objective of inter alia regulating and developing the Zambian Capital Markets and is responsible for the supervision and development of the Capital Markets in Zambia as well as the licensing of financial intermediaries, collective investment schemes and securities exchanges, the registration of securities to be issued such as debt and equity instruments, and the authorization of transactions in entities registered with SEC.
SEC now seeks to recruit qualified Zambians to fill the following positions:
Head – Finance
2.1 Grade: SEC08
2.2 Job Purpose
To oversee the provision of financial management services in order to facilitate implementation of programmes and ensure prudent utilisation and accountability of financial resources.
2.3 Key Result Areas and Principal Accountabilities

Key Result Area
Principal Accountabilities

Financial Statements
Oversee timely preparation of financial statements in compliance with statutory regulations.

Financial Management Reports
Oversee preparation and submission of financial management reports to support decision making.

Financial Internal Controls
Oversee development and review of internal controls to enhance transparency and accountability.

Budgetary Control
Oversee monitoring of revenue and expenditure in line with approved budgets.

Cost Accounting
Coordinate costing programmes to support budgeting and resource mobilisation.

Audit Query Responses
Oversee preparation of audit responses to ensure unqualified accounts.

Asset Accounting
Oversee accounting for assets to safeguard Commission property.

Capital Projects Appraisal
Oversee financial appraisal of capital projects to ensure value for money.

Payroll
Oversee processing of payroll obligations.

Cash Flow Forecasts
Oversee preparation of cash flow forecasts to ensure liquidity.

Stores and Distribution
Oversee storage and distribution of goods.

Risk Management
Oversee development of the unit risk register.

Performance Management
Manage work plans and implementation of the performance management system.

Management
Manage human, financial, and other resources effectively.

2.4 Required Competencies / Personal Qualities
i. Leadership skills;ii. Analytical and numerical skills;iii. Computer literacy and accounting systems knowledge;iv. Interpersonal skills;v. Integrity and confidentiality; andvi. Initiative.
2.5 Qualifications / Requirements
• Full Grade Twelve (12) School Certificate;• Chartered Accountant Zambia (CA Zambia) or equivalent; and• Membership of the Zambia Institute of Chartered Accountants (ZICA).• All qualifications must be ZAQA verified.
2.6 Minimum Relevant Work Experience
• Minimum of eight (8) years’ relevant work experience, two (2) of which must be at management level.
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