Finance Officer job at Phoenix Assurance Group
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Finance Officer
2026-07-08T19:58:54+00:00
Phoenix Assurance Group
https://cdn.greatzambiajobs.com/jsjobsdata/data/employer/comp_3227/logo/Phoenix%20Assurance%20Group.png
FULL_TIME
Lusaka
Lusaka
10101
Zambia
Insurance
Accounting & Finance
ZMW
MONTH
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.
bachelor degree
24
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

Job application procedure
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Please send your updated CV

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Job Info
Job Category: Accounting/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: Wednesday, July 22 2026
Duty Station: Lusaka | Lusaka
Posted: 08-07-2026
No of Jobs: 1
Start Publishing: 08-07-2026
Stop Publishing (Put date of 2030): 10-10-2076
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