Assistant Accountant – Operations

The Higher Education Loans and Scholarships Board (HELSB) is a Statutory Body established by the Higher Education Loans and Scholarships Act No. 31 of 2016 to provide for the administration of scholarships and the Loan Scheme.

HELSB is offering exciting opportunities to potential candidates who meet the under listed qualifications and competencies to join our team to be based in Lusaka, on permanent and pensionable terms. The available positions are :

Assistant Accountant – Operations – 1 Position.

a.Job Purpose

Reporting to Accountant-Operations, undertake processing of payments for student loans and Scholarships as well as Student loan repayment process in order to facilitate prudent utilization and accountability and sustainability of the revolving fund.

Principal Accountabilities

• Monitor loan repayments of student loan beneficiaries in order to sustain loan recoveries in accordance with the agreed-upon terms.
• Facilitate the administration of penalties for late or missed loan repayments and remittances as well as refunds for overpayments.
• Collaborate with Credit Department in reconciliation of student loan beneficiaries and undertake additional reconciliations with Employers for purposes of up to date and accurate student loan repayments.
• Implement and Support loan recovery strategies in order to recover outstanding amounts.
• Undertaking timely development of work plans in order to facilitate monitoring and evaluation of performance
• Undertaking timely development of risk management initiatives in order to mitigate risks.

Qualifications and Experience

Skills and Attributes