FINANCE MANAGER – Phoenix Assurance Group (Phoenix Of Botswana) 1121 views

Key Responsibilities

• Oversee the efficient day-to-day operations of the finance department, ensuring effective financial controls and processes.
• Manage accounts receivable and payable functions, including oversight of vendor relationships and payments.
• Liaise with brokers, reinsurers, suppliers, and service providers to support smooth financial operations.
• Maintain the general ledger and prepare monthly management accounts, financial statements, and ratio analyses.
• Work with IT service providers to resolve system issues and ensure the reliability of accounting applications.
• Oversee cash flow management, including bank and petty cash reconciliations.
• Lead the preparation of annual budgets and monitor financial performance against approved plans.

Requirements

• Professional accounting qualification such as Chartered Accountant (CA), ACCA, CPA, or equivalent.
• At least 10 years of relevant accounting/finance experience and a minimum 5 years in a senior finance role in short-term insurance or a related financial services sector.
• Exposure to budgeting, financial reporting, reinsurance accounting, payroll, cash management, and statutory compliance is essential.
• Strong knowledge of short-term insurance accounting principles, practices, and regulatory requirements.
• Sound experience in payroll management and preparation of reinsurance bordereaux.
• Good working knowledge of statutory and regulatory compliance requirements.
• Understanding of reinsurance treaty structures and their operational and financial implications.
• Ability to engage effectively with senior stakeholders, including the CEO, Board, and internal and external auditors.
• Solid understanding of insurance legislation, accounting standards, and industry regulations.

How to Apply