Finance Director

Finance Director Jobs in Lusaka at ZamGridCo

ZamGridCo invites qualified professionals to apply for the position of Finance Director based in Lusaka, Zambia. This opportunity is ideal for candidates seeking finance director jobs in Lusaka who are passionate about managing donor-funded projects and ensuring financial stewardship within a dynamic, not-for-profit organisation dedicated to modernising Zambia’s electricity distribution grid.

About ZamGridCo

ZamGridCo is a Zambian private company limited by guarantee, established through a pioneering debt-for-development agreement between the Government of Zambia and the African Development Bank. Operating under the Grid Resilience Program, ZamGridCo channels debt-conversion savings into critical investments and upgrades of the national electricity distribution network. As an independent entity headquartered in Lusaka, ZamGridCo supports Zambia’s Integrated Resource Plan and national energy reforms.

Role Overview – Finance Director

Reporting directly to the Chief Executive Officer, the Finance Director will oversee the organisation’s financial strategy and operational management with a strong focus on compliance and governance of project funding awarded to external partners. This full-time, fixed-term contract role requires stewardship of public and donor funds, ensuring adherence to donor regulations such as those from the African Development Bank (AfDB), local laws, and fiduciary standards.

Key Responsibilities for Finance Director Jobs in Lusaka

• Grant Financial Management & Compliance (40%)
  • Manage the full project funding lifecycle including budgeting, award, disbursement, and close-out phases.
  • Ensure all expenditures comply with donor rules, cost allocation, and procurement standards.
  • Develop and maintain financial monitoring frameworks for contractors, suppliers, service providers, ZESCO Limited, and other project partners.
  • Review and approve financial reports and disbursement requests, ensuring compliance before fund transfers.
  • Maintain a risk-based compliance calendar to track reporting deadlines and audits.
• Financial Strategy & Stewardship (25%)
  • Lead annual budgeting and forecasting for operational and project funding portfolios.
  • Provide financial analysis to support funding allocation decisions and indirect cost negotiations.
  • Manage cash flow projections to ensure timely payments to project counterparties.
  • Prepare and present financial reports to the Board, donors, and audit committees.
• Internal Controls & Audit (20%)
  • Design and implement internal controls to prevent fraud, waste, and abuse of funds.
  • Serve as the primary liaison for external audits including statutory and donor-specific audits.
  • Ensure timely submission of financial reports to stakeholders.
  • Investigate and resolve financial irregularities involving project partners.
  • Support the CEO with financial tracking of gifts, commitments, and income related to project funding.
• Team Leadership & Systems (15%)
  • Lead the finance and project funding team, including Senior Accountant and Monitoring, Evaluation & Disbursement Officer.
  • Drive the selection and implementation of project funding management software such as NetSuite, Sage Intacct, or Salesforce financial modules.
  • Enhance financial capacity among non-finance staff and project partners.

Qualifications and Experience

• Required:
  • Bachelor’s degree in Accounting, Finance, or Business Administration.
  • Professional certification such as CPA, ACCA, or CIMA.
  • At least 8 years of progressive financial management experience, including 4 years in donor-funded or grant-aided environments.
  • Strong knowledge of donor compliance requirements from major donors like AfDB, FCDO, or World Bank.
  • Proven ability to conduct pre-award assessments and review financial reports of funding recipients.
• Preferred:
  • Master’s degree in Finance, Public Administration, or Nonprofit Management.
  • Experience with Uniform Guidance for AfDB project funding.
  • Understanding of VAT, tax exemptions, and cost recovery in grant-aiding entities.
  • Experience leading financial audits of project funding portfolios.

Core Competencies

• Strong stewardship mindset balancing fiduciary responsibilities with partner capacities.
• Analytical skills to identify compliance risks in financial data.
• Excellent communication skills to clarify complex donor regulations clearly and effectively.
• Resilience in managing multiple deadlines and donor inquiries.

How to Apply for Finance Director Jobs in Lusaka

Interested candidates should submit their CV and a cover letter highlighting their experience with sub-recipient financial monitoring to humanresources@zamgridco.com. Please include the job title Finance Director in the subject line of your application email.

Applications close on 30th September 2026. Only shortlisted candidates will be contacted.

For more information about ZamGridCo, visit https://zamgridco.com.

Equal Opportunity Employer

ZamGridCo is committed to diversity and equal opportunity. We strive to expand access to reliable, affordable electricity through innovative and commercially sustainable solutions.

Job Category

Banking & Finance