Assistant Accountant at Pension and Insurance Authority

Job Description

The Pensions and Insurance Authority (“the Authority”) is the regulatory and supervisory authority for the pensions and insurance industries in Zambia as provided for in the Pension Scheme Regulations Act No.28 of 1996 (as amended) and the Insurance Act No. 38 of 2021. The Authority supervises and regulates entities operating in the pensions and insurance sector. This includes insurance companies, reinsurance companies, insurance intermediaries, pension schemes, pension fund managers and pension fund administrators.

As part of the organisation expansion, the Authority hereby invites applications from suitably qualified and experienced candidates to fill the following positions:-

ASSISTANT ACCOUNTANT – TWO (2) POSITIONS

Reporting to the Accountant, the Assistant Accountant will be responsible for payments and receipts, maintain the fixed assets register, stationery, petty cash, maintenance of logical filling system and collection and delivery of financial correspondence.

Specific duties:-

To undertake timely collation of payroll inputs in order to facilitate monthly payroll payment of salaries.
To undertake timely maintenance of financial records and compilation of financial information in order to facilitate preparation of financial and management reports.
To undertake timely payment and reconciliation of petty cash in order to ensure up to date records.
To undertake effectively the processing of payments including statutory payments in order to ensure the Authority’s objectives and other obligations are met.
To undertake effectively the receipt of monies due to the Authority in order to safeguard public resources and reconcile receivable accounts.
To undertake the preparation of bank reconciliations in order to identify errors and take corrective action.
To undertake creditor payments to ensure that they are within the agreed period as per the contract and reconcile payable accounts.
To undertake the provision of information to internal and external auditors in order to facilitate financial audits.
To undertake periodically, maintenance of the asset register in order to safeguard public assets.

Requirements: –

Full Form V/Grade 12 Certificate with credit or better in Mathematics and English
Diploma in Accountancy/ACCA/CIMA/Part qualified CA Zambia or equivalent
Fully paid up member of ZICA
At least 3 years’ relevant experience

Mode of Application

Applicants meeting the above qualifications and experience should submit an application letter, a Curriculum Vitae with certified or ZAQA verified copies of qualifications in a sealed envelope to the address below, not later than 9 ^th July, 2025.

The Human Resource and Administration Manager

Pension and Insurance Authority

Stand No. 4618, Lubwa Road, Rhodespark

P/Bag 30x, Ridgeway

LUSAKA

Note: The Authority is an equal-opportunity employer and employs citizens from a variety of geographical, ethnic, religious, social and economic backgrounds. The Authority does not practice or tolerate favoritism or discrimination on any grounds protected by law, unless the law has specific provision for differential treatment or affirmative action. To that end, groups recognized by law as marginalized (such as persons with disabilities and female candidates) are strongly encouraged to apply if they meet the minimum criteria for the position.