Financial Accounting Officer (Lusaka)

Lusaka, Zambia, Full Time Salary: - Closes: June 11, 2021

Job Summary
Reporting to the General Manager – Corporate Business the incumbent will be responsible for the setting up and maintenance of accurate computerized accounting records for group life assurance schemes, manage top part of Revenue Assurance which include generation and passing of invoices, maintaining member statements, collect and allocate premiums to schemes and prepare reports for Corporate business.
Main Duties/Responsibilities
Setting up and maintenance of the accounting infrastructure in order to provide for the recording of all income and expenditure transactions and facilitate the production of both scheme and Group Accounts, GLA Schemes, Annuities and Medical.
Communication with Schemes and Brokers on Member Movements.
Generation Of Invoices
Dispatching Of Invoices
Reconciliation of Invoices against received premiums.
Communication of Exceptions to Schemes & Brokers
Receipt all premium income for Corporate Business clients
Record all such entries in the individual schemes’ ledgers
Process cheques dishonoured by banks
Reconcile premium income receipted in individual schemes’ ledgers to Finance Department’s books of accounts
Calculate Admin fees for all schemes, prepare schedule and submit to Finance Department
Credit Control
Prepare aged-debtors analysis reports in respect of all group schemes and submit to CB Management & Finance.
Liaise with CB management on follow ups on outstanding premiums for Schemes and ensure that the non-paying schemes are brought to management’s attention for the necessary decisions
Any other duties as assigned
Minimum qualifications and experience
Diploma in relevant field such as Accounting,Business Studies/Pensions Management
ACII membership will be an added advantage
At least 3 – 5 years in a demanding Corporate Business department.
Working knowledge of Microsoft office applications
Good communication skills both oral and written
How To Apply
Interested candidates who meet the minimum qualifications should apply to the Head of Human Resources, Sanlam Life Insurance Zambia Limited, Zenera House, Corner Lagos and Lubuto Roads P.O. Box 31991, Lusaka Zambia or email to not later than Friday 11 June 2021.
Only shortlisted candidates will be contacted.

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