Finance Officer
2026-07-08T19:58:54+00:00
Phoenix Assurance Group
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https://www.phoenixassurancegroup.com/
FULL_TIME
Lusaka
Lusaka
10101
Zambia
Insurance
Accounting & Finance
2026-07-22T17:00:00+00:00
8
KEY RESPONSIBILITIES
Financial Accounting and Reporting
- Prepare and maintain accurate accounting records in accordance with applicable accounting standards and company policies.
- Process journal entries, accruals, prepayments, and general ledger reconciliations.
- Assist in the preparation of management accounts and financial statements.
- Assist in the preparation of monthly, quarterly, and annual financial reports.
- Support year-end closing activities and external audits.
Insurance Accounting
- Record and reconcile premium income, commissions, claims payments, and reinsurance transactions.
- Monitor outstanding premiums and coordinate with underwriting and credit control teams for collections.
- Maintain accurate records of claims reserves and claims payments.
- Reconcile insurer, broker, agent, and reinsurer accounts.
Cash and Treasury Management
- Monitor cash flow and prepare cash flow forecasts.
- Process payments to suppliers, claimants, reinsurers, and other stakeholders.
- Perform bank reconciliations and investigate reconciling items.
- Ensure proper management of company funds and investments.
Budgeting and Financial Planning
- Assist in the preparation of annual budgets and forecasts.
- Monitor budget performance and analyse variances.
- Provide financial information and recommendations to management.
Regulatory and Tax Compliance
- Ensure compliance with requirements of the Pensions and Insurance Authority (PIA), tax authorities, and other relevant regulatory bodies.
- Prepare and submit statutory returns and regulatory reports within prescribed deadlines.
- Support tax compliance activities, including VAT, PAYE, Withholding Tax, and Corporate Income Tax obligations.
Internal Controls and Risk Management
- Ensure compliance with internal control policies and procedures.
- Identify and report financial risks, irregularities, and control weaknesses.
- Participate in internal and external audit processes.
- Support fraud prevention and financial governance initiatives.
Stakeholder Support
- Work closely with underwriting, claims, reinsurance and operations departments.
- Respond to financial queries from management, auditors, regulators, and other stakeholders.
- Provide financial analysis to support strategic and operational decision-making.
- Perform any other finance-related duties as assigned
MINIMUM QUALIFICATIONS AND EXPERIENCE
- Grade 12 School Certificate with five (5) credits or better, including Mathematics and English.
- Bachelor's Degree in Accounting, Finance, or a related field.
- Valid ZICA Practising License.
- Minimum of 2–3 years relevant work experience.
- Good knowledge of accounting principles and financial reporting.
- Proficiency in Microsoft Office applications, particularly Microsoft Excel.
- Strong analytical, organizational and communication skills.
- High level of integrity, professionalism and attention to detail.
If you meet the above requirements or know someone who would be a suitable candidate, we encourage you to apply.
- Prepare and maintain accurate accounting records in accordance with applicable accounting standards and company policies.
- Process journal entries, accruals, prepayments, and general ledger reconciliations.
- Assist in the preparation of management accounts and financial statements.
- Assist in the preparation of monthly, quarterly, and annual financial reports.
- Support year-end closing activities and external audits.
- Record and reconcile premium income, commissions, claims payments, and reinsurance transactions.
- Monitor outstanding premiums and coordinate with underwriting and credit control teams for collections.
- Maintain accurate records of claims reserves and claims payments.
- Reconcile insurer, broker, agent, and reinsurer accounts.
- Monitor cash flow and prepare cash flow forecasts.
- Process payments to suppliers, claimants, reinsurers, and other stakeholders.
- Perform bank reconciliations and investigate reconciling items.
- Ensure proper management of company funds and investments.
- Assist in the preparation of annual budgets and forecasts.
- Monitor budget performance and analyse variances.
- Provide financial information and recommendations to management.
- Ensure compliance with requirements of the Pensions and Insurance Authority (PIA), tax authorities, and other relevant regulatory bodies.
- Prepare and submit statutory returns and regulatory reports within prescribed deadlines.
- Support tax compliance activities, including VAT, PAYE, Withholding Tax, and Corporate Income Tax obligations.
- Ensure compliance with internal control policies and procedures.
- Identify and report financial risks, irregularities, and control weaknesses.
- Participate in internal and external audit processes.
- Support fraud prevention and financial governance initiatives.
- Work closely with underwriting, claims, reinsurance and operations departments.
- Respond to financial queries from management, auditors, regulators, and other stakeholders.
- Provide financial analysis to support strategic and operational decision-making.
- Perform any other finance-related duties as assigned
- Good knowledge of accounting principles and financial reporting.
- Proficiency in Microsoft Office applications, particularly Microsoft Excel.
- Strong analytical, organizational and communication skills.
- High level of integrity, professionalism and attention to detail.
- Grade 12 School Certificate with five (5) credits or better, including Mathematics and English.
- Bachelor's Degree in Accounting, Finance, or a related field.
- Valid ZICA Practising License.
JOB-6a4eabfeea431
Vacancy title:
Finance Officer
[Type: FULL_TIME, Industry: Insurance, Category: Accounting & Finance]
Jobs at:
Phoenix Assurance Group
Deadline of this Job:
Wednesday, July 22 2026
Duty Station:
Lusaka | Lusaka
Summary
Date Posted: Wednesday, July 8 2026, Base Salary: Not Disclosed
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JOB DETAILS:
KEY RESPONSIBILITIES
Financial Accounting and Reporting
- Prepare and maintain accurate accounting records in accordance with applicable accounting standards and company policies.
- Process journal entries, accruals, prepayments, and general ledger reconciliations.
- Assist in the preparation of management accounts and financial statements.
- Assist in the preparation of monthly, quarterly, and annual financial reports.
- Support year-end closing activities and external audits.
Insurance Accounting
- Record and reconcile premium income, commissions, claims payments, and reinsurance transactions.
- Monitor outstanding premiums and coordinate with underwriting and credit control teams for collections.
- Maintain accurate records of claims reserves and claims payments.
- Reconcile insurer, broker, agent, and reinsurer accounts.
Cash and Treasury Management
- Monitor cash flow and prepare cash flow forecasts.
- Process payments to suppliers, claimants, reinsurers, and other stakeholders.
- Perform bank reconciliations and investigate reconciling items.
- Ensure proper management of company funds and investments.
Budgeting and Financial Planning
- Assist in the preparation of annual budgets and forecasts.
- Monitor budget performance and analyse variances.
- Provide financial information and recommendations to management.
Regulatory and Tax Compliance
- Ensure compliance with requirements of the Pensions and Insurance Authority (PIA), tax authorities, and other relevant regulatory bodies.
- Prepare and submit statutory returns and regulatory reports within prescribed deadlines.
- Support tax compliance activities, including VAT, PAYE, Withholding Tax, and Corporate Income Tax obligations.
Internal Controls and Risk Management
- Ensure compliance with internal control policies and procedures.
- Identify and report financial risks, irregularities, and control weaknesses.
- Participate in internal and external audit processes.
- Support fraud prevention and financial governance initiatives.
Stakeholder Support
- Work closely with underwriting, claims, reinsurance and operations departments.
- Respond to financial queries from management, auditors, regulators, and other stakeholders.
- Provide financial analysis to support strategic and operational decision-making.
- Perform any other finance-related duties as assigned
MINIMUM QUALIFICATIONS AND EXPERIENCE
- Grade 12 School Certificate with five (5) credits or better, including Mathematics and English.
- Bachelor's Degree in Accounting, Finance, or a related field.
- Valid ZICA Practising License.
- Minimum of 2–3 years relevant work experience.
- Good knowledge of accounting principles and financial reporting.
- Proficiency in Microsoft Office applications, particularly Microsoft Excel.
- Strong analytical, organizational and communication skills.
- High level of integrity, professionalism and attention to detail.
If you meet the above requirements or know someone who would be a suitable candidate, we encourage you to apply.
Work Hours: 8
Experience in Months: 24
Level of Education: bachelor degree
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