Financial Accountant

Financial Accountant

Our client a leading insurance service provider is looking for a newly qualified CA to execute instructions received via processes within the framework of the Finance Process Area.

Key Duties and Responsibilities (include but is not limited to):

Accounting operations:

·        Processing accounting information (including billings, accounts receivable, general

ledger, etc)

·        Preparation of the daily commission calculations

·        Accurately record all financial transactions on internal database system

·        Reconcile transactional data.

·        Assist with streamlining and improving accounting systems including assisting with automation projects

·        Adherence to all quality standards and processes within the Budgeting and Finance area

·        Assistance with the implementation and running of IFRS 17

Financial reporting:

·        Prepare monthly financial reports timeously for various processing areas.

·        Analyse and interpret financial results.

·   Ensure that financial records are accurate and compliant with the applicable standards.

·        Provide operational support.

·        Ensure invoices and statements are submitted timeously.

·        Prepare accurate reconciliations.

·        Assist with the preparation and analysis of monthly management accounts.

·        Assist with the preparation of Quarterly Investco report

·      Preparation of the Consolidated and individual entity financial statements for the Group

·        Assist with the monthly tax calculation for various entities within the Group.

·     Stay abreast of financial standards and regulations impacting the financials, analyse their impact and assist with facilitating the implementation thereof.

·        Work on ad hoc projects as required.

Credit control:

·        Monitor and track receipts against arrear premiums.

·        Prepare arrear letters.

·        Assist with preparation of AOD’s and repayment schedules.

·        Identify areas of improvement in collection process.

·        Ensure that outstanding debtors balances are maintained at acceptable levels.

Internal control:

·        Adherence to the processing area's SOP

·        Adherence to organizations compliance processes and procedures

·        Complete complex tasks fast and accurately

 

Qualification:

·        CA (SA) (Essential)

·        Relevant tertiary financial qualification

·        Completion of articles

·        Insurance and IFRS 17 exposure advantageous but not essential