LESOTHO POSTBANK – FINANCIAL ACCOUNTANT (GRADE C)
Organisation: Lesotho PostBank
Position: Financial Accountant – Grade C
Department: Finance
Location: Maseru, Lesotho
Reports To: Manager, Financial Accounting
Closing Date: 21 November 2026
JOB PURPOSE
To provide leadership and technical oversight of the Bank’s financial accounting function, including financial reporting, supplier and staff payments, general ledger management, taxation, fixed assets, project accounting, risk management, regulatory compliance, people leadership, and month-end and year-end closing processes, while maintaining a robust financial control environment.
DUTIES AND RESPONSIBILITIES
- Ensure effective financial controls over supplier and staff payments, including invoice validation, procurement segregation, creditor accounts, prepayments, provisions and accruals.
- Maintain the Fixed Asset Register and oversee capitalization, depreciation, impairment, physical asset verification, lease accounting and inventory controls.
- Maintain general ledger integrity and the Chart of Accounts; review general ledger amendments, reconciliations, suspense and clearing accounts, and ensure timely period closure.
- Ensure compliance with VAT, PAYE, WHT, FBT, CIT and deferred tax obligations; lead tax planning, provide tax advice and engage tax authorities.
- Monitor project costs and ensure capitalization.
- Prepare financial statements and statutory disclosures; support budgeting, forecasting, variance analysis and financial analysis.
- Ensure compliance with IFRS, applicable regulations and internal policies; identify and mitigate financial risks.
- Support audits by providing financial information, resolving queries, implementing recommendations and ensuring timely closure of audit findings.
- Supervise Financial Accounting Officers, conduct performance reviews, provide coaching and training, and support succession planning.
- Monitor expenditure, implement cost-containment initiatives, and drive financial systems, process and productivity improvements.
EDUCATIONAL REQUIREMENTS AND EXPERIENCE
Applicants must meet one of the following requirements:
- Chartered Accountant (CA) with a minimum of 2 years’ experience in banking or financial services, including demonstrated leadership and people management experience; OR
- Bachelor’s Degree in Accounting, Finance, Commerce or an equivalent qualification, with a minimum of 3 years’ experience in banking or financial services, of which at least 2 years must have been in a finance leadership role.
Additional Advantage:
- Membership of a recognised professional accounting body.
GENERAL KNOWLEDGE, SKILLS AND ABILITIES
- Strong financial accounting, reporting, taxation and general ledger management knowledge.
- Sound understanding of IFRS, financial controls, risk management and regulatory compliance.
- Strong analytical, reconciliation and problem-solving skills.
- Effective leadership, coaching and people management abilities.
- Good planning, organisational and communication skills, with attention to detail.
HOW TO APPLY
Interested candidates should submit their applications, including the names of three referees, accompanied by certified copies of relevant certificates.
Email Applications To: [email protected]
Physical Address:
People and Culture Office
Lesotho PostBank
Mafike House, 1st Floor
Maseru, Lesotho
Application Deadline: 21 November 2026
DISCLAIMER: Only successful candidates will be contacted.