Background Information
Company: WIRASRE Reinsurance Brokers Ltd
Location: Lusaka, Zambia
Employment Type: Full-time, Senior Management
Reports To: Chief Executive Officer (CEO)
Roles and Responsibilities
- Establish and manage the company's finance function, including budgeting, financial forecasting, cash-flow management, and financial reporting.
- Oversee client-money management, Insurance Broking Account (IBA) controls, reconciliations, and premium remittances.
- Manage regulatory capital reporting, statutory financial returns, external audits, and tax compliance.
- Develop and implement financial systems and internal controls appropriate for a licensed reinsurance brokerage.
- Prepare financial reports for the board and support investor relations and strategic financial planning.
- Ensure compliance with the Pensions and Insurance Authority (PIA) financial and prudential requirements.
Qualifications and Requirements
- Recognised accounting qualification such as ACCA, CIMA, CA Zambia, or equivalent.
- Must be a member of the Zambia Institute of Chartered Accountants (ZICA).
- Minimum of seven (7) years' relevant financial management experience, preferably in insurance, reinsurance, or financial services.
- Experience in client-money/fiduciary controls and regulatory reporting is highly desirable.
- Full Grade 12 certificate.
Responsibilities
- Establish and manage the company's finance function, including budgeting, financial forecasting, cash-flow management, and financial reporting.
- Oversee client-money management, Insurance Broking Account (IBA) controls, reconciliations, and premium remittances.
- Manage regulatory capital reporting, statutory financial returns, external audits, and tax compliance.
- Develop and implement financial systems and internal controls appropriate for a licensed reinsurance brokerage.
- Prepare financial reports for the board and support investor relations and strategic financial planning.
- Ensure compliance with the Pensions and Insurance Authority (PIA) financial and prudential requirements.
Skills
- Budgeting
- Financial forecasting
- Cash-flow management
- Financial reporting
- Client-money management
- Insurance Broking Account (IBA) controls
- Reconciliations
- Premium remittances
- Regulatory capital reporting
- Statutory financial returns
- External audits
- Tax compliance
- Financial systems and internal controls
- Investor relations
- Strategic financial planning
- Client-money/fiduciary controls
- Regulatory reporting
Qualifications
- Recognised accounting qualification such as ACCA, CIMA, CA Zambia, or equivalent.
- Must be a member of the Zambia Institute of Chartered Accountants (ZICA).
- Full Grade 12 certificate.
How to Apply
Job application procedure
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Application Procedure
Submit your application as a single merged PDF document
- Cover letter.
- Detailed Curriculum Vitae (CV) containing at least two traceable references.
- Certified copy of the National Registration Card (NRC).
- Certified copy of the Grade 12 School Certificate.
- Certified copies of all academic and professional qualifications.
- Proof of professional membership, where applicable (e.g. Insurance Institute of Zambia – IIZA or Zambia Institute of Chartered Accountants – ZICA).
Use Chief Financial Officer (CFO) as the subject.
