Job Summary
- Type: full-time
- Location: Harare
- Category: Accounting, Auditing & Advisory
- Closing Date: 2026-08-10
Key Responsibilities
- Processing and recording all financial transactions accurately and promptly.
- Preparing, verifying and processing payments to suppliers, service providers and policyholders.
- Receiving and recording premium collections and other income.
- Preparing bank deposits and perform daily bank reconciliations.
- Reconciling customer, supplier and general ledger accounts.
- Processing invoices and ensuring supporting documentation is complete.
- Assisting in the preparation of monthly, quarterly and annual financial reports.
- Maintaining accurate financial records and filing systems.
- Processing journal entries and updating accounting records.
- Monitoring outstanding receivables and following up on overdue accounts.
- Assisting in claims payment processing and reconciliation.
- Verifying the accuracy of financial data before processing transactions.
- Ensuring compliance with company financial policies, accounting standards and regulatory requirements.
- Assisting during internal and external audits by providing the required documentation.
- Preparing statutory payment schedules and supporting documents where required.
Requirements
- Knowledge of accounting principles and financial reporting.
- Understanding of insurance accounting processes.
- Bank reconciliation skills.
- Accounts payable and accounts receivable management.
- Financial record management.
- Microsoft Excel and accounting software proficiency.
- Financial analysis and reporting.
- Data entry accuracy.
- Knowledge of taxation and statutory compliance.
- Diploma or Bachelor’s Degree in Accounting, Finance, Banking, Business Studies, or a related field.
- A professional accounting qualification (or progress towards one), such as CIS, ACCA, CIMA, or equivalent, is an added advantage.
How to Apply
About the Company
AFC Insurance Company (Private) Limited is a key subsidiary of AFC Holdings, a wholly government-owned financial institution based in Zimbabwe. Operating across the nation, the company provides a broad spectrum of insurance products tailored for individuals, corporates, and the vital agricultural sector. Its comprehensive portfolio spans property, motor, marine, engineering, general accident, health, and specialised agricultural insurance offerings. By safeguarding assets and mitigating risks, AFC Insurance plays a crucial role in fostering economic stability and resilience for communities and businesses throughout Zimbabwe, contributing to national development.
Comprehensive insurance solutions protecting Zimbabwe's people and progress.
Frequently Asked Questions
What qualifications and certifications are typically required for a Finance Clerk role at an insurance company in Zimbabwe?
A diploma or degree in Accounting, Finance, or Business Studies is usually preferred for this role in Zimbabwe. Practical experience with common accounting software like Sage Pastel or QuickBooks and strong Microsoft Excel skills are also highly valued.
What are the common day-to-day responsibilities for a Finance Clerk in an insurance setting in Zimbabwe?
Daily tasks often include processing invoices, reconciling bank statements, preparing payment vouchers, and maintaining accurate financial records. You will also assist with general ledger entries and support month-end closing procedures under supervision.
What is the typical work culture and professional expectation for a Finance Clerk in Zimbabwean corporate environments, especially in insurance?
Professionalism, diligence, and strict adherence to financial regulations are highly valued within Zimbabwean corporate finance. Expect an environment where attention to detail, accuracy, and the ability to meet deadlines are crucial for success.
What are the realistic career progression opportunities for a Finance Clerk within the Zimbabwean finance sector, particularly within an insurance company?
A Finance Clerk can typically progress to roles like Junior Accountant, Assistant Accountant, or specialized roles within treasury or internal audit departments. Pursuing further professional qualifications like ACCA or CIMA in Zimbabwe significantly enhances these advancement prospects.
What typical benefits, such as leave, medical aid, and pension, can a Finance Clerk expect from an insurance employer in Zimbabwe?
Standard benefits usually include annual leave, sick leave, and often a medical aid package, which are common across Zimbabwean employers. Some companies also offer a pension scheme or contributions towards provident funds, varying based on the employer's specific policies.
What does the application process typically involve, and what do Zimbabwean employers look for when hiring a Finance Clerk?
Employers seek candidates with strong numerical skills, proficiency in accounting software, and a proven track record of accuracy and integrity. The application process usually involves submitting a detailed CV and cover letter, followed by interviews and sometimes practical assessments.