Company: Sandvik
Location: LUSAKA
Job Type: FULL_TIME
Apply Before: 2026-07-13
Job Description
About the Job
The Financial Controller role is a critical governance and control position within the Sandvik Zambia finance organisation, providing a formal financial control layer between executive finance leadership and transactional accounting functions.
Role Purpose
The Financial Controller is responsible for safeguarding Sandvik’s financial integrity at entity level through accurate financial reporting, effective internal controls, strict policy compliance, and continuous improvement of finance-related business processes.
The role ensures alignment with Sandvik Group Finance and other business Policies, IFRS, internal control standards, and local statutory requirements, while enabling management with reliable financial information for decision‑making. The position is a key pillar of Sandvik’s Financial Control Way of Working.
Key Responsibilities and Accountabilities
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Financial Reporting & Accounting Control
Ensure timely, accurate, and complete monthly, quarterly, and annual financial reporting in accordance with IFRS and Sandvik Group Accounting Instructions.
Review and Analyse general ledger postings, journals, reconciliations, and month‑end close activities.
Ensure Balance sheet integrity through regular reconciliation reviews, substantiation, and ageing analysis.
Review statutory financial statements, tax computations, and regulatory returns
Coordinate internal and external audits, ensuring audit requests are supported and findings are addressed and resolved.
Tax Oversight & Statutory Compliance
Oversee all direct and indirect tax matters, ensuring accurate calculation, timely filing, and payment of taxes (VAT, withholding taxes, corporate income tax).
Review tax reconciliations, tax provisions, and disclosures in financial statements.
Act as the primary finance contact for tax authorities, external tax consultants
Ensure compliance with local tax legislation and Sandvik Group tax policies, including transfer pricing and documentation requirements where applicable.
Support tax audits and manage resolution of tax findings and exposures.
Internal Controls over Financial Reporting
Act as Entity Control Owner / Reviewer for key financial and operational controls.
Ensure controls are appropriately designed, documented, and operating effectively within Workiva (Sandvik GRC platform).
Coordinate control testing, manage remediation plans, and ensure timely closure of audit and control deficiencies.
Support Group and Business Area ICFR certifications, assessments, and continuous control improvements.
Promote a strong internal control culture and ethical financial behaviour.
Customer Contract & Revenue Governance
Oversee financial governance aspects of customer contracts, including contract review from an accounting, tax, and control perspective.
Ensure contracts are appropriately assessed for revenue recognition (IFRS 15), contract assets/liabilities, and commercial risk exposure.
Ensure customer contracts are properly approved, documented, archived, and aligned with Delegation of Authority requirements.
Partner with Sales, Legal, and Operations to strengthen contract management controls and compliance.
Treasury & Cash Management
Oversee treasury activities at entity level, including cash flow management, banking operations, and liquidity forecasting.
Ensure compliance with Sandvik Group Treasury policies, including bank mandates, signatories, and funding arrangements.
Support foreign exchange management activities, including FX exposure identification, reporting, and coordination with Group Treasury on hedging.
Review and monitor working capital performance, including receivables, payables, and inventory-related finance controls.
Policies, Corporate Governance & Compliance
Enforce compliance with Sandvik Financial Steering & Control Policy, Delegation of Authority (LoA), approval matrices, and segregation of duties requirements.
Ensure adherence to Sandvik finance and corporate governance policies covering accounting, authorisations, contract management, data retention, and ethics.
Support broader corporate governance obligations, including Board reporting, management attestations, governance certifications, and compliance declarations.
Monitor compliance with local statutory requirements including tax, employment‑related finance obligations, and regulatory reporting.
Environment, Safety, Health (EHS) & ESG Support Responsibilities
While ESH ownership sits with Operations and SHE functions, the Financial Controller plays a key finance governance and assurance role in supporting Sandvik’s ESH and ESG commitments:
ESH‑Related Finance Responsibilities
Support budgeting, cost control, and financial tracking of EHS initiatives, including safety programs, training, audits, and environmental compliance costs.
Ensure accurate accounting and reporting of environmental provisions, rehabilitation obligations, and safety‑related expenditures in line with IFRS and Group guidance.
Support internal and external EHS audits by providing financial data, cost evidence, and governance confirmations.
Ensure suppliers and contractors comply with financial and contractual EHS requirements, in collaboration with Procurement and EHS teams.
ESG & Sustainability Governance Support
Support ESG reporting requirements by providing accurate financial and non‑financial data inputs relevant to sustainability metrics (where finance‑owned).
Ensure appropriate financial governance over sustainability‑related investments, capital expenditure, and cost‑benefit analysis.
Support compliance with Sandvik’s Code of Conduct, ethical business practices, and anti‑corruption requirements from a finance control perspective.
Contribute to risk assessments related to environmental, social, and governance matters with financial impact.
Governance & Assurance Role
Ensure ESH and ESG‑related financial risks are appropriately identified, assessed, and reflected in financial reporting where required.
Support management attestations and Group reporting related to governance, sustainability, and ethical compliance.
Promote a culture of responsible business conduct through strong financial controls, transparency, and ethical decision‑making.
Business Process Ownership & Continuous Improvement
Act as finance process owner for key end‑to‑end processes including:
Record‑to‑Report (R2R)
Procure‑to‑Pay (P2P)
Order‑to‑Cash (O2C) financial interfaces
Payroll accounting and system interfaces
Cash, banking, and liquidity management
Identify control gaps, inefficiencies, and manual dependencies; design and implement sustainable process improvements.
Drive finance process optimisation, automation initiatives, and system enhancements in collaboration with IT and Group Finance.
Ensure finance processes are documented, standardised, and audit‑ready.
People Management & Capability Development
Provide leadership, coaching, and technical guidance to the accounting team.
Ensure clear role definition, appropriate delegation, and effective segregation of duties.
Review work quality, support professional development, and contribute to succession planning.
Promote Sandvik values, ethical conduct, and internal control awareness within the finance function.
Stakeholder Management & Business Partnering
Serve as the key finance control contact for Logistics, Procurement, HR, IT, Sales, and other internal stakeholders.
Liaise with Sales Area Business Control, Group Finance, Group Tax, Treasury, Legal, and Internal Control teams.
Provide financial risk assessments, control advice, and decision‑support to management.
Qualifications, Experience & Competencies
Qualifications & Experience
Bachelor’s degree in accounting, Finance, or related discipline.
Professional qualification (CA Zambia, ACCA, CIMA, or equivalent).
Strong experience in financial reporting, internal controls, audit, tax, and compliance environments.
Solid working knowledge of IFRS, including revenue recognition and tax accounting.
Experience with ERP systems and financial control tools (e.g. Workiva added advantage).
Key Competencies
Strong analytical and problem‑solving skills
High integrity and control mindset
Process‑driven with continuous improvement orientation
Strong stakeholder engagement and communication skills
Ability to operate effectively in a matrix and group‑governed environment
How to Apply
Submit your CV and Application on Company Website : Click Here Closing Date : 25th June , 2026.
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Source: Jobweb Zambia