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Business Assurance Analyst

National Milling Corporation

On-site

Full-time

Location

Lusaka, Zambia

Salary

Not specified

Experience

Senior

Posted

Tue Feb 17 2026

Details

Job Purpose

To provide independent assurance that key controls are designed and operating effectively across National Milling Corporation's milling and animal feeds operations, with a primary focus on loss prevention, fraud deterrence and detection, safeguarding of assets, and compliance with internal policies and applicable laws and regulations. The role conducts substantive testing, control walk-throughs, and spot checks across administrative offices, manufacturing sites, and depots, and reports findings to management for timely remediation.

Job Responsibilities

  • - Detect, investigate, and prevent financial, inventory, and operational losses, including fraud, theft, misuse of assets, and revenue leakage.
  • - Perform targeted loss-prevention testing across depots, mills, warehouses, and commercial operations.
  • - Independently test whether existing controls are operating as designed, without designing or modifying processes.
  • - Perform substantive testing of high-risk areas including revenue, inventory, procurement, production variances, payroll, and fixed assets.
  • - Conduct scheduled and surprise verification checks on cash, stock, weighbridge records, production yields, and assets.
  • - Verify compliance with company policies, regulatory requirements, corporate standards, and contractual obligations.
  • - Validate adherence to tax, statutory, and governance requirements without participating in policy development or process design.
  • - Report confirmed breaches or non-compliance with factual evidence and risk implications.
  • - Support external auditors, corporate audit teams, and regulators by preparing documentation, test results, and supporting evidence.
  • - Track closure of agreed audit findings, focusing on verification of completion rather than remediation execution.
  • - Produce objective, evidence-based assurance reports highlighting control failures, loss exposure, and compliance gaps.
  • - Escalate critical risk matters based on verified facts, without assuming operational accountability.
  • - Participate in physical stock counts and variance investigations to validate reported production and inventory accuracy.
  • - Perform independent verification of weighbridge data, raw-material usage, finished-goods movements, and shrinkage.

Minimum Knowledge and Experience Required

  • - Full grade 12 school certificate, and an accountancy degree
  • - Full ZICA, ACCA or other comparable professional accounting qualification
  • - 5 years of relevant accounting experience; must include 2 years of external or internal audit experience
  • - Strong aptitude for math and good computer skills
  • - Strong written communication skills
  • - US GAAP knowledge is a plus

If you are skilled, motivated and meet the above requirements, do send through an updated resume marked with the job title applied for to jobs@nmc.co.zm with at least (3) traceable referees. Only shortlisted candidates will be contacted.

About National Milling Corporation

Quality isn't just a buzzword at National Milling – it's our core value.

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Job Tags

Internal AuditLoss Prevention & Fraud DetectionRisk & ComplianceAccounting (ZICA / ACCA)