The financial accountant is responsible for monitoring the finances of the group by guidng the licensed businesses in their operational budgeting and expenditure through availing of accurate and timely reporting in accordance with international financial reporting standards.
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Accounting
- Closing Date: 2026-05-07
Key Responsibilities
- Oversee financial management and governance across licensed business units, ensuring effective financial control and compliance.
- Prepare and review monthly, quarterly, and annual financial reports, including management accounts and statutory financial statements
- Ensure compliance with applicable accounting standards, including IFRS 17 and other relevant regulatory frameworks
- Review actuarial valuations and ensure appropriate financial reporting of insurance contract liabilities
- Support the implementation and ongoing management of IFRS 17 models and disclosures
- Ensure alignment between actuarial outputs and financial reporting
- Coordinate the preparation and consolidation of financial information to support budgeting, forecasting, and strategic planning processes
- Provide financial information and insights to support planning and resource allocation
- Monitor expenditure against approved budgets and investigate variances
- Advise management on cost optimisation and efficiency improvements
- Liaise with external and internal auditors, ensuring timely completion of statutory and internal audits, and resolution of audit findings
- Ensure timely submission of audit requirements and resolution of audit findings
- Maintain compliance with regulatory requirements and internal governance frameworks
- Support tax compliance processes, including VAT, corporate tax, and statutory returns
- Develop, implement, and continuously improve internal controls, policies, and procedures to safeguard company assets and ensure regulatory compliance
- Oversee the credit control function, including debtor management and collections
- Monitor receivables and implement strategies to minimise credit risk and improve cash flow
- Oversee reinsurance payables and receivables, reconcile balances to resolve discrepancies, and ensure compliance with industry-specific accounting and reporting standards.
- Lead, mentor, and develop staff to achieve high performance and a culture of accountability and teamwork.
- Ensure effective workforce planning, capacity building, and talent development.
- Foster a positive team culture grounded in continuous improvement and excellence
Requirements
- Bachelor’s Degree in Accounting, Finance, or equivalent accounting qualifications.
- Full membership to professional accounting institution ( ACCA, CIMA, CA).
- COP – Basics of Long-Term Insurance
- Individual must be in good standing with the Botswana Institute of Chatered Accountants (BICA).
- Minimum 5 years post qualifications experience with atleast 3 years experience in a simillar role
- Strong working knowledge of IFRS, with practical exposure to IFRS 17 highly desirable
- Experience within the financial services or insurance industry is preferred
- Strategy management
- Stakeholder management
- Judgement and decision making
- Critical and analytical skills
- Negotiation and advocacy
- Change management
- Communications skills
- Leadership
- Teamwork
How to Apply
Hollard Data Protection Commitment
Hollard Insurance Company of Botswana is committed to protecting and safeguarding the personal data that you will share with us when applying for this role. To know more about how we collect and manage the personal data that you will share with us, please visit www.hollard.co.bw to read our Recruitment privacy statement. You may also request a copy of the Recruitment privacy statement by email from vacancies@hollard.co.bw.
Hollard Insurance Company of Botswana is committed to protecting and safeguarding the personal data that you will share with us when applying for this role. To know more about how we collect and manage the personal data that you will share with us, please visit www.hollard.co.bw to read our Recruitment privacy statement. You may also request a copy of the Recruitment privacy statement by email from vacancies@hollard.co.bw.
When you are called for an interview, Hollard will also request a consent to continue using your personal data during the recruitment process.
Interested candidates are invited to submit a detailed CV and certified copies of relevant qualifications to:
CONTACTS:
Chief of People
Hollard Botswana
Email: vacancies@hollard.co.bw
Closing Date: 7th May 2026
About the Company
Hollard Life Botswana operates as an authorised Life Assurance Provider, deeply rooted within the financial services landscape of Botswana. The company is dedicated to offering comprehensive life assurance solutions, helping individuals and families secure their financial future and protect their loved ones. As a key entity under the broader Hollard Botswana umbrella, Hollard Life focuses on delivering reliable and accessible assurance products tailored to the local market. Through its operations in Botswana, it plays a vital role in enhancing financial security and peace of mind for its clients across the nation.
Insuring Your Future and Loved Ones in Botswana.
Website: https://www.hollard.co.bw/
Frequently Asked Questions
What are the typical qualifications and certifications required for a Financial Accountant role in Botswana?
A Bachelor's degree in Accounting, Finance, or a related field is typically essential for this position. Professional certifications like BICA (Botswana Institute of Chartered Accountants), ACCA, or CIMA are highly advantageous and often a strong preference for senior accounting roles in Botswana.
What are the common day-to-day responsibilities for a Financial Accountant at a life insurance company in Botswana?
Daily tasks usually involve managing general ledger entries, preparing accurate financial statements, and conducting bank reconciliations. You would also be responsible for preparing various financial reports for management and ensuring compliance with local accounting standards.
What is the typical work culture and professional expectation for a Financial Accountant in Botswana's financial services sector?
The work culture often emphasizes professionalism, strong ethical conduct, and meticulous attention to detail. Employers in Botswana value punctuality, a proactive approach to problem-solving, and effective communication skills.
What are the realistic career progression paths for a Financial Accountant in Botswana's financial services industry?
A Financial Accountant can realistically progress to Senior Financial Accountant, Finance Manager, or even Financial Controller roles, especially with continued professional development and experience. Specializing in specific areas like tax or treasury management can also open up specialized career advancement opportunities.
What are the typical benefits offered for a Financial Accountant role in Botswana, such as leave, medical aid, and pension?
Standard benefits generally include annual leave, sick leave, and a comprehensive medical aid scheme. Most reputable employers in Botswana also provide a competitive pension fund contribution as part of their employee benefits package.
How should one apply for a Financial Accountant position in Botswana, and what do employers typically look for?
Applications are commonly submitted online through company career portals or professional job sites, requiring a well-prepared CV and a tailored cover letter. Employers in Botswana seek strong technical accounting skills, proven experience with accounting software, and a demonstrated ability to work independently and collaboratively.