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.