In 2009 Dzhambazki becomes manager of Montana, when their former manager Stevica Kuzmanovski was released. He was in charge of the team for 2 years and manage to stabilize the team and ensure their place in A PFG which was a huge success for Montana. In 2 June 2011 he decides to leave the club, because he said "I have other plans for my future...". After all, he says that he enjoyed the stay at the club and wishes luck to the next manager. He spend a brief period as manager of Botev Vratsa and Litex. In 6 June 2012 he was appointed as head coach of Montana for third time in his career.