Insurance and Reporting Accountant: Group Finance
7 days ago
Insurance and Reporting Accountant: Group Finance (Fixed-Term Contract) Reporting to the Senior Manager: Group Finance (Special Projects), this role is responsible for the General Ledger entries and reporting of transactions originating from the Insurance Administration System for PPS Insurance Company Limited (South Africa) & PPS Insurance Company (Namibia) Limited. Requirements Education Undergraduate Accounting Degree Further studies post undergraduate degree (preferred) Knowledge & Experience Knowledge of the insurance industry an advantage Good accounting knowledge and proven track record Exposure to IFRS 17 an advantage 0-3 years' post articles experience Previous experience in insurance industry or within an Insurance company (preferred) Proficiency in MS Office Exposure to various software solutions Knowledge of CPM and Great Plains (preferred) Project management skills Competencies Business Acumen Influence Effective Communication Personal Courage Relationship Building Duties and Responsibilities Analyse the monthly IAA trial balance for unusual movements, query and follow through with Operational finance. Importing the IAA Trial balance into the General Ledger system Process additional monthly standard journals received from Operational Accounts department as well as other Group finance journals, as required. Manage deliverables including analysis of key reports from Operational Accounts Department Implementation of new accounts and financial processes for new products and changes in operations Reconcile all IAA trial balance accounts to the general ledger Take overall ownership of all IAA and insurance related accounting Provide management and PPS Board with accurate information and value-added commentary for month end and year end reporting. Investigate and explain variances to budget on all key numbers. Performance of the monthly and annual profit allocation calculation Prepare all IAA related Income and Expense budgets Prepare budget presentations for Exco and Board budget meetings with value added commentary on all variances. Assist and prepare financial information for the annual financial statements including IFRS 17 disclosures. Prepare year-end profit allocation calculation Location Johannesburg, Gauteng, South Africa Salary R to R per annum Seniority Level Associate Employment Type Full-time Job Function Accounting/Auditing and Finance #J-18808-Ljbffr
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