Finance Manager at Loti Brick

  1. Preamble

Loti Brick (PTY) Ltd, a Manufacturer of clay brick products in Lesotho, is looking for a qualified, experienced and hands-on Finance Manager. The main function of this position would be to head Department of Finance and Administration and plan, manage, coordinate and direct all financial and accounting activities and practices of Loti Brick to ensure keeping of proper books of accounts, provision of annual financial statements which accord with the Generally Accepted Accounting Practice (GAAP), provision of relevant and reliable periodic management accounts, and effective financial management and planning.


  1. Key Performance Areas
  • To supervise and ensure that all functions and duties of Finance and Administration are undertaken with the required efficiency and effectiveness.
  • To oversee preparation of timely, relevant and reliable monthly management accounts.
  • To plan, coordinate and manage Loti Brick’s budgetary process.
  • To project cash flow requirements and ensure that there is always adequate cash to meet planned company payments.
  • To develop and manage a costing model to ensure proper costing of all products to, in turn, inform proper product pricing which enables realization of profits from each product line.
  • To ensure that all financial reporting meet the regulatory and legal requirements including taxation, dividends and annual accounts.
  • To ensure timely preparation of monthly, quarterly and annual financial statements as well as to facilitate internal and external audit of the same.
  • To review the company’s existing financial systems, policies and procedures and assess their effectiveness, adequacy and appropriateness.
  • To develop, recommend and implement well-documented and up-to-date financial systems, policies, processes and procedures to ensure effective internal controls.
  • To advise Management on investment decisions to ensure that only viable investments are carried out.
  • To perform secretarial services for the Loti Brick Board of Directors.
  • To coordinate activities of the Finance and Administration Department.


  1. Competency Requirements for the Position
  • Must be a Chartered Accountant with 3 years’ relevant experience; OR B. Comm. with General Accounting and 5 years relevant experience; OR
  • A relevant Master’s Degree with 2 years’ relevant experience. The Master’s Degree holder should have covered Financial Accounting, Financial Management, Management Accounting and Taxation as core courses.
  • Competence in ACCPAC is highly essential.
  • Should have at least 1 year managerial experience.


  1. Key Attributes for the Position
  • Personality:
  • Hands-on approach, analytical and a results-oriented individual with a positive outlook and a clear focus on goals and business profit;
  • A natural forward planner who critically assesses own performance;
  • Mature, credible, comfortable and always demanding more from own employees;
  • A reliable, direct communicator and a team player with the ability to lead and motivate others;
  • Ability to work under pressure;
  • Excellent interpersonal and people management skills;
  • Excellent communication and leadership skills;
  • Self-starter and well-motivated individual;
  • Excellent numerical and analytical skills;
  • Computer literate and skilled in statistical techniques;
  • Familiar with the International Accounting Standards and other GAAP;
  • Commercial business acumen in a profit-driven organization;
  • Honest and trustworthy;
  • Good practical knowledge of accounting;
  • High business acumen.


  1. If you are interested and meet the specified minimum competency requirements, please forward your motivational letter, CV, certified copies of your certificates and two reference letters to: The Human Resources Manager, P.O.BOX 1038, Maseru 100. Lesotho. OR email them to

For more enquiries please call the Human Resources Manager on 00266 22314225 OR 22325156.


  1. Deadline for submission of applications is Friday 17th March 2017. Only shortlisted candidates will be contacted.