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MANAGEMENT AND COST ACCOUNTANT – Tobacco Industry and Marketing Board (TIMB) 14 views

The Tobacco Industry and Marketing Board (TIMB) is the regulatory and developmental authority mandated to promote, sustain, and transform Zimbabwe’s tobacco industry. TIMB is spearheading the Tobacco Value Chain Transformation Plan (TVCTP), which aims to enhance the sustainability, value addition, and global competitiveness of Zimbabwean tobacco. TIMB has retained TM Industrial Psychological Services to assist in the recruitment and selection of a highly analytical, commercially astute, and results-oriented Management and Cost Accountant. Reporting to the Chief Finance Officer, the Management and Cost Accountant will provide strategic financial planning, management accounting, budgeting, cost management, revenue assurance, project financial oversight, and business performance analysis to support executive decision-making and long-term organisational sustainability.

Job Summary

  • Type: full-time
  • Location: Harare
  • Category: Accounting & Finance
  • Closing Date: 2026-07-23

Key Responsibilities

  • Coordinate the preparation, consolidation, and monitoring of the annual organisational budget.
  • Develop financial forecasts, management accounts, and performance reports to support strategic and operational decision-making.
  • Monitor departmental expenditure and advise management on budget performance, cost control, and resource optimisation.
  • Analyse financial performance, investigate budget variances, and recommend corrective interventions.
  • Support the Chief Finance Officer in preparing Board papers, financial reports, and executive presentations.
  • Drive revenue assurance initiatives by identifying revenue leakages, strengthening internal controls, and implementing revenue optimisation strategies.
  • Ensure compliance with statutory financial obligations, including VAT, withholding tax, and other regulatory reporting requirements.
  • Manage project finances by monitoring project budgets, expenditure, profitability, and financial reporting.
  • Maintain and oversee the organisational asset register, including asset verification, depreciation schedules, and financial accountability.
  • Partner with departmental managers to strengthen financial planning, investment decisions, and business performance.
  • Contribute to continuous improvement of financial systems, controls, governance, and reporting processes.

Requirements

  • A Bachelor’s Degree in Accounting, Finance, or a related discipline.
  • A professional accounting qualification such as CIMA, ACCA, CIS, CA(Z), or equivalent will be an added advantage.
  • 5-7 years’ relevant experience in management accounting, financial planning and analysis, budgeting, costing, or corporate finance, of which 3 years should be in a supervisory role.
  • Strong knowledge of management reporting, budgeting, financial modelling, statutory compliance, and revenue assurance.
  • Demonstrated ability to analyse complex financial information and provide strategic business insights.
  • Experience working with integrated financial systems and advanced spreadsheet modelling tools.
  • Excellent analytical, communication, stakeholder management, and problem-solving skills.

How to Apply

Interested candidates who meet the above requirements should submit their applications, accompanied by a comprehensive Curriculum Vitae and certified copies of academic and professional certificates as a single file document indicating the position being applied for, to: [email protected] and complete the application form on apply.tmindpsych.com Closing Date for applications is 23 July 2026. Only shortlisted candidates will be contacted for an interview.

About the Company

The Tobacco Industry and Marketing Board (TIMB) is a pivotal Zimbabwean regulatory and advisory statutory board. It plays a crucial role in overseeing the nation's vital tobacco sector. Its core mandate encompasses controlling and regulating all aspects of tobacco production, from cultivation to final export. This includes ensuring compliance in the growing, marketing, and exporting processes within Zimbabwe. TIMB's operations are essential for maintaining standards and facilitating fair trade practices across the Zimbabwean tobacco value chain.

Zimbabwe's statutory board regulating tobacco growing, marketing, and export.

Website: https://www.timb.co.zw/

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Frequently Asked Questions

What qualifications and certifications are typically required for a Management and Cost Accountant in Zimbabwe, especially within a parastatal like TIMB?

Candidates usually need a Bachelor's degree in Accounting, Finance, or a related field, often coupled with professional certifications like ACCA, CIMA, or ICAZ. Practical experience with cost accounting principles and financial management in an industrial or agricultural setting is highly valued by employers.

What are the common day-to-day responsibilities for a Management and Cost Accountant at an organization involved in the Zimbabwean tobacco industry?

Daily tasks involve preparing detailed cost reports, analyzing variances, and assisting with budgeting and forecasting for operational efficiency within the tobacco value chain. You would also be responsible for developing and maintaining robust cost accounting systems and providing financial insights to management for strategic decision-making.

What is the typical work culture and what are the general expectations for accountants within Zimbabwean parastatals or regulatory bodies like TIMB?

Expect a professional and structured environment, often with a strong focus on compliance, accuracy, and adherence to established government regulations and accounting standards. Punctuality, a strong work ethic, and the ability to work collaboratively within a team are generally highly valued attributes.

What are the realistic career progression opportunities for a Management and Cost Accountant in Zimbabwe's parastatal sector?

Career paths often lead to senior accounting roles such as Financial Manager, Chief Accountant, or even Financial Director within the organization or other parastatals in Zimbabwe. Specialization in financial planning and analysis or project accounting can also open up new avenues for growth.

What kind of benefits package can one typically expect for a Management and Cost Accountant role in a Zimbabwean parastatal like TIMB?

Standard benefits usually include medical aid, pension contributions, and annual leave, with specific details varying by employer policy and collective bargaining agreements. Some organizations may also offer housing allowances, transport assistance, or other non-monetary incentives as part of the total remuneration package.

What should a job seeker prioritize when applying for this role in Zimbabwe, and what do employers typically look for in applications?

Emphasize your professional accounting qualifications, relevant experience in cost analysis or the agricultural/industrial sector, and a demonstrable understanding of local financial regulations and IFRS. A well-structured CV and a cover letter highlighting your problem-solving skills, attention to detail, and commitment to accuracy are crucial.

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