EMPLOYMENT OPPORTUNITY

Chief Financial Officer (CFO)

Levy Mwanawasa Medical University (LMMU) invites applications from suitably qualified, experienced, and strategic-minded professionals to fill the position of Chief Financial Officer (CFO).

The CFO is a Principal Officer of the University, reporting directly to the Vice Chancellor, and is responsible for providing strategic financial leadership to ensure sound financial management, sustainability, and compliance with applicable laws and regulations.

JOB TITLE: CHIEF FINANCIAL OFFICER (CFO)

Job Purpose

The Chief Financial Officer is responsible for overseeing the financial affairs of the University, including financial planning, budgeting, reporting, controls, and compliance. The role provides strategic advice to Management and Council to support institutional growth and long-term sustainability.

Key Responsibilities

a) Develop and implement Financial Policies, procedures, and strategies aligned with the University’s objectives.

b) Oversee the preparation, execution, and monitoring of the University’s budgets, cash flows and financial forecasts.

c) Ensure the integrity of financial reporting by delivering accurate and timely financial statements to management, the University Council and external stakeholders.

d) Safeguard the University’s financial resources and assets through effective financial controls, risk management, and compliance with financial regulations.

e) Guide the allocation of resources across departments, schools and initiatives to optimize the University’s operational and strategic priorities.

f) Collaborate with senior management to drive cost effective strategies, including revenue generation, fundraising, and cost-effective control initiatives.

g) Provide expert financial advice to the Vice Chancellor and the University Council on investment opportunities, expenditure patterns, and financial performance.

h) Lead, mentor, and develop the finance team, fostering a culture of accountability, innovation and continuous improvement.

i) Ensure robust systems for the security and accuracy of financial transactions, including audits and compliance checks.

j) Manage financial relationships with external bodies, including banks, auditors and regulatory authorities.

Qualifications And Experience

a) Grade 12 school certificate or its equivalent with at least five (5) credits, including English and Mathematics

b) A minimum of a Bachelor’s Degree in Finance, Accounting, Economics, or Business Administration from an accredited university.

c) Professional certificate such as CA Zambia, ACCA, IPFA, ICMA/CIMA or equivalent.

d) A Master’s of Business Administration Degree with a concentration in Finance or Economics would be an added advantage.

e) Minimum of ten (10) years’ experience in finance, with at least two (2) years at senior management level.

f) Membership to a professional body such as ZICA, ACCA, CPA or CIMA.

g) Strong knowledge of IPSAS, financial regulations, and higher education funding models.

h) Experience in a public university or higher education institution is an added advantage.

Key Attributes And Competencies

a) Excellent interpersonal and communication skills.

b) Strong analytical, organizational and leadership skills.

c) Excellent strategic planning and financial management skills.

d) Strong writing and presentation skills.

e) Proficiency in ICT and financial management systems.

f) Knowledge of International Accounting Standards and Financial regulations.

g) Ability to work independently.

The Registrar
Levy Mwanawasa Medical University
Email address: [email protected]

Interested candidates should submit the following:
• Cover letter detailing suitability for the role.
• Updated CV with contact details of three referees.
• Certified copies of academic and professional qualifications.
• Levy Mwanawasa Medical University is an equal opportunity employer and encourages applications from all qualified individuals.

Deadline

All applications must be received by 20th February 2026.