Manager: Management Accounting (m/f)


Development Bank of Namibia is recruiting a Manager: Management Accounting (m/f), to be based in Windhoek, Namibia.
  • Reporting to the Chief Financial Officer, the Management Accountant is responsible for coordinating and preparing DBN’s monthly financial and management accounts and annual financial statements in accordance with IFRS; for coordinating the overall budgeting process, and performing financial analysis by continuously enhancing forward looking sustainability models and historical financial analysis
Strategic Management
  • Plan, develop and implement business unit objectives
  • Keep track of implementation of business unit activities in relation to objectives and deal with deviations and changes where required
  • Monitor, evaluate, analyze and report on business unit activities
Operational Management
  • Develop, refine and consolidate the Financial Forecast Model (Sustainability Model) to improve operational and strategic planning at an institutional and departmental level
  • Translate and apply the results of the model into a consolidated and departmental level budget forecast
  • Perform all relevant accounting functions, such as loan book analysis, monthly management accounts, interim financial statements, and prepare annual financial statements in accordance with IFRS
  • Manage the Loan Book function, including approving standardized classification of and calculated provisions, verifying accuracy of provisions captured, reconciliation of the Loan Book with the General Ledger, overseeing the rectification/journals/exception reports of incorrect loan accounts, reviewing of monthly lists for restructured accounts, undrawn commitments, matured and soon to mature loans, preparation of synopsis reports and advising on deal interpretation and structuring
  • Ensure that new systems/functionalities are implemented to meet operational requirements and to optimize operational efficiency
  • Ensure that operational users are appropriately and adequately trained to utilize existing systems and functionality towards operational efficiency
Financial Management
  • Develop annual budgets for all business units with other managers, HOD’s and Chief Financial Officer
  • Monitor and control business unit spending, reviewing budget versus actuals and report as per requirements
People Management
  • Review business unit functions and requirements in relation to staff complement, structure and workload and assist with the recruitment and selection of staff
  • Implement a performance management process to evaluate employees’ performance and taking corrective action where necessary
  • Implement and continuously manage employee development
  • Effectively manage staff to ensure a high level of productivity, professionalism and work ethics
  • M Bachelor’s degree in Accounting and completed articles at a reputable audit firm
  • Being a Qualified Chartered Accountant, registered with ACCA, ICAN or SAICA
  • A minimum of 7 years’ experience in a financial industry with exposure to SAP, business processes, of which 2 years in a supervisory position
  • Proficiency in generally accepted accounting practices and principles
  • Knowledge of applicable laws, codes and regulations
  • Computer literacy, with advanced MS Excel modelling skills, as well as PowerPoint and Word
  • Must have experience in computerized accounting system, preferably SAP
  • An analytical mindset
  • Superior organizing and goal setting skills
  • Sound customer orientation/focus
  • Good problem-solving and troubleshooting skills
  • A high level of decisiveness and resilience
  • Interpersonal sensitivity and the ability to build strong work-related relationships
  • The ability to achieve goals through collaboration with others
  • Organizational awareness and strategic thinking ability
  • The ability to motivate others, delegate, manage and control and to employ cultural intelligence
  • Indicate the source of this job post:
  • Applications will only be accepted from Namibian citizens. The Development Bank of Namibia is an equal opportunity employer and complies with the Affirmative Action Legislation. Persons from previously disadvantaged groups meeting the requirements are encouraged to apply
  • Interested candidates should forward their resumes, which should include three contactable references and certified supporting documents to: The Manager: Human Resources and Payroll
How to Apply
1. Documentation
  • Cover Letter
  • Curriculum Vitae
2. Application
This vacancy is no longer accepting applications


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