LESOTHO INSTITUTE OF ACCOUNTANTS
WE ARE HIRING
EXECUTIVE TALENT FOR THE ACCOUNTING WORLD
Our client, the regulator of the accounting profession in Lesotho, is in the process of strategic transformation. This organization is the statutory body established by the Accountants Act No.9 of 1977 (as amended), and its primary mandate is to regulate the accountancy profession in Lesotho. It does this through provision of internationally recognized education standards and training programs while also ensuring compliance with laws and regulations. If you are eager to be part of this transformative journey, driven by challenges, motivated to add value, aspire to make impact. and achieve professional growth, then the Lesotho Institute of Accountants (LIA) is the right place for you.
CHIEF EXECUTIVE OFFICER
Reporting directly to the LIA Council (The Council), you will be leading and directing the Institute through this strategic modernisation and transformation journey. You will be responsible for resources availability and allocation considering the current macro-economic environment, with strategic focus on positioning the Institute for future growth, relevance and business development.
Duties and responsibilities
Provide general leadership, direction, and administration of the LIA which includes, but not limited to, managing and overseeing the operations of LIA in line with the strategy. Keep or cause to be kept, proper books of account of the LIA and to ensure that they are annually audited.
Design, review, and implement proper internal control systems (ICSS).
Implement the policies and plans of LIA as may respectively be stipulated and formulated by the Council.
Prepare/formulate policies (including human resource (HR) policies), long- and short-term plan/programs for the LIA in furtherance of its business and, present them to the Council for approval.
Prepare or cause to be prepared, annual budgets of the LIA and present them to the Council for approval (this shall include, inter alia, preparation, and implementation of plans/strategies to source funding for the LIA’s activities).
Facilitate the holding of regular meetings of the Council; serve as a secretary in such meetings and facilitate the activities of the Council.
Facilitate the holding of regular meetings of the Council’s sub-committees; serve as a secretary in such meetings: facilitate the activities of the subcommittees.
Facilitate the involvement of the LIA in the formulation and enforcement of the International Financial Reporting Standards (IFRSS) and International Standards on Auditing (ISAs).
Coordinate or cause to be coordinated, the efficient running of examinations in accordance with the Joint Examination Scheme/Agreement (JES) between the LIA and the ACCA (this includes increasing or causing to increase, the student’s enrolment in the JES):
Promote the image of the LIA; liaise with and maintain good relations with all stakeholders including, the members of LIA, Lesotho Government (GOL), Institutions of Higher Learning. the business community, and associates (especially the Association of Chartered Certified Accountants (ACCA), International Federation of Accountants (IFAC). Pan African Federation of Accountants (PAFA), International Accounting Standards Board (IASB) and all other Professional Accountancy Organizations (PAOs).
Qualifications and Experience
- Must have a CA (L) membership with a minimum of five years’ experience in an executive management position.
- Experience at the executive level with MBA or CIMA will be an added advantage:
- Proficiency in computer applications and awareness of current issues in the accounting profession both locally and internationally.
- Experience in fund-raising will be an added advantage.
- Strong interpersonal skills, negotiation, communication, and should possess strong leadership skills.
- Must be a Lesotho citizen and a member of LIA in good standing.
Remuneration
Remuneration is competitive and commensurate with qualifications and experience and includes annual performance-based bonus.
HOW TO APPLY
Applicants should send their detailed CVs and certified copies of their academic and professional/development certificates to [email protected] by 21 March 2025. Late applications will not be accepted. No physical applications will be accepted. Only shortlisted applicants will be contacted.