Job Details
- Deadline: 28th July , 2026.
- Company: NHIMA
- Location: Zambia
- Employment Type: Full-Time
- Category: Accounting Jobs in Zambia
- Application: Online application
Job Description
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Company
NHIMA
Location
Zambia
State
Lusaka
Job type
Full-Time
Job category
Accounting
Job Description
Key Responsibilities
Executive Summary
This is an executive role responsible for managing financial resources and oversight to the Authority and the National Health Insurance Fund (NHIF) in order to ensure prudent utilisation of financial resources. The role will combine operational and strategic oversight, managing accounting and financial control functions to ensure all resources are properly accounted for. The job holder will also work closely with the Director general in the development and execution of investment strategies and monitor compliance and risk associated with those activities; provides oversight and management of investment programs for the NHIF. It is expected that the jobholder will use the most current accounting and finance standards as well investment and strategies rules in the execution of duties.
Reporting directly to the Director General, the role will establish the financial and investment strategy for the sustainable long-term financial growth of the Authority.
Key Functions/Responsibilities
The key functions of the role will include but not limited to
Finance
Oversee all aspects of financial management and financial systems implementation and financial reporting and accounting
Prepare and implement annual budgets as well as providing parameters and other guidelines to heads of department involved in submitting budgets
Prepare monthly Management Accounts for monitoring and assessment of the Authority as well as the Fund’s performance for decision making
Plan and control availability of funds to finance the Authority and Fund’s operations and acquisition of capital assets
Establish and maintain sound financial management practices that seek to minimise financial risk
The Authority being a public institution, the position holder should ensure financial operations and practices are compliant with the Public Finance Management Act No.2 of 2018, the National Health Insurance act No.2 of 2018, Statutory Instrument number 63 of 2019 and other legislations relevant to the Authority
Review treasury management systems and procedures to ensure that they are efficient and effective
Review internal and strategic controls and risk assessments
Provide financial advice for decision making to EXCO
Analyse the financial climate and market trends to assist senior executives in creating strategic plans for the future
create and maintain relationships with service providers and contractors, including banking institutions and accountants
Update and implement financial policies and procedures
Maintain a policy manual for the finance department
Managing all risks associated with investments of Authority Funds
Responsible for internal and external audits of the Authority
Put up remedial actions for all gaps identified in audits
Establish internal controls in order to enhance accountability in the utilization of resource
Responsible for coordinating all activities related to periodical and on-going operational research and actuarial valuations in order to inform decision making
Process payments in a timely manner due to health care providers for provision of health care insured services
Process payments for all other suppliers of the Authority
Processing of payroll and account for all expenditures in order to meet financial and statutory obligations
Provide supervision to the custody of all assets and stores inventory
Preparing and updating the asset register ensuring that all values are current
Performing all other tasks and assignments as may be delegated by the supervisor insofar as they relate to the role.
Investments
Responsible for developing investment guidelines and to seek the requisite approvals
Responsible for Investing all monies for the Fund and or Authority in line with the Investment Policies and Guidelines
Relationships with banks, financial institutions and capital markets for purposes of custody and investments of the Authority Funds
To manage all risks associated with investments of Authority Funds
Provide leadership and supervision to the Investment team to ensure maximum return on Fund and Authority Investments.
Education Requirements
The successful candidate must have
Grade twelve (12) School certificate with 5 ‘O’ levels with creditor better including Mathematics and English Language
At least Seven (7) years of experience, of which four (4) should be at senior management level. Bachelors Degree in Finance and Accounting or professional qualification such as ACCA, CIMA.
Must be a member of ZICA
Must be a member of a professional body at the grade of Fellow.
Masters degree in a business field is an added advantage.
Required Skills
Attributes and skills
Must have strong analytical and processing skills
Must be detail oriented and a highly organized self-starter
Must have good general commercial acumen
Must be an effective communicator with good writing skills
Proficiency office applications such as Word, Excel, PowerPoint and many other relevant applications
Demonstrable experience in leading teams and ability to influence them to reaching the desired organizational objective
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Method of Application
Submit your CV and Application on Company Website: Click Here
Closing Date: 28th July, 2026.
How to Apply
Apply online: Open application link
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