Assistant Accountant

Position Overview Zanaco Bank Plc is inviting applications from suitably qualified and experienced individuals for the following job aimed at contributing to the Bank’s strategic vision, in the Commercial Division under the Commercial Division at Head Office – Commercial Retail: Role Description To provide accurate, timely and well-controlled accounting and finance support to Zanaco Insurance Brokers by processing financial transactions, maintaining accounting records, reconciling accounts, supporting premium and commission accounting, assisting with payments and receipts, and ensuring compliance with internal finance procedures, regulatory requirements and audit standards. Requirements Under the supervision of the Chief Financial Officer, the following are among the key responsibilities: · Process approved receipts, payments, journals, invoices, debit notes, credit notes and other accounting entries accurately and within agreed timelines. · Capture and update accounting records in relevant finance and insurance systems in line with approved procedures. · Record premium receipts, allocations, refunds and insurer payments, and support commission accounting and reconciliation. · Prepare routine bank, premium, insurer, customer, commission, suspense and general ledger reconciliations and promptly follow up reconciling items. · Prepare payment schedules, vouchers and supporting documents, and support supplier payments, insurer remittances, statutory payments and refunds. · Issue and record receipts and support follow-up of outstanding premiums, unpaid invoices, overdue accounts and other receivables. · Assist with debtor schedules, ageing reports, collection updates, monthly schedules and finance reports for management reporting. · Support month-end, quarter-end and year-end closing activities, budgeting, forecasting, audits, tax and regulatory reporting. · Prepare, reconcile and submit statutory returns and supporting schedules, including Insurance Premium Levy, Withho