Group Finance Consolidation and Reporting Specialist
5 months ago
**Job Advert Summary**:
Hello an exciting new opportunity has just become available in our HINT, Finance area. We are looking to recruit a Group Finance Consolidation & Reporting Specialist.
Reporting directly to Head: Finance responsible for the HINT SA and Subsidiaries’ statutory financial reporting, audit and providing technical support.
Prepare consolidated results quarterly.
Ensure adequate controls and processes are in place to confirm that consolidation eliminations are complete and accurate.
Provide technical guidance on new accounting standards that could impact the Group.
Provide technical guidance on the accounting for any new business structures or acquisitions which could impact the Group.
Facilitate the production of financial covenant data for reporting to the banks and for ensuring ongoing compliance with all covenant requirements.
Ensure the implementation of any new group accounting systems.
Document all IFRS policies and procedures to ensure that processes are applied consistently across all Group entities.
Provide training to the financial accounting team on new accounting standards or reporting requirements.
Provide system training to the users.
Review of accounting transactions to ensure compliance with IFRS.
Ensure compliance with accounting practice applicable to insurers, good governance, and risk management practice, as well as laws and regulations.
Continuous improvement of accounting and reporting processes in line with overall business objectives and needs.
Manage the external audit process including deadlines.
Stakeholder Support: internal stakeholders, actuarial stakeholders and external audit relationships
Assistance with ad-hoc projects as and when needed.
Group reporting and preparation of Annual Financial Statements (HINT centre and HINT subsidiaries)
Preparation of the Group financial statements, in compliance with IFRS.
Mapping of the General ledger and CaseWare.
Customizationof the Group as well as subsidiaries’ financial statements including the disclosure notes to comply with IFRS 17.
Review annual financial statements of the subsidiaries to ensure compliance with IFRS.
Manage the External audit relationship, coordinate the consolidation audit process as well as deliverables to FRCC.
Provide finance teams with guidance and support of best practice standards.
Ensure financial controls are designed, implemented, and managed across the organisation based on group guidelines (IFC)
Assistance with ad-hoc projects as and when needed
**Required Knowledge and Experience**:
A minimum of 5 years post articles experience
A minimum of 3 years of Consolidation experience
Strong technical background with experience in financial reporting under IFRS, including the preparation of consolidated financial statements.
Detailed knowledge of large consolidation processes
Insurance industry and IFRS 17 implementation experience would be an advantage.
Tax and audit experience beneficial
Africa exposure beneficial
**Skills**:Good knowledge of different account systems - knowledge of CaseWare would be an advantage.
Excellent technical accounting skills
Ability to manipulate large amounts of data from different data sources.
In-depth knowledge of financial accounting and related processes
IFRS and International accounting standards
Related legislation
Stakeholder management skills
Strong interpersonal skills with the ability to build effective working relationships and influence change.
Leadership skills and the ability to work independently.
Excellent interpersonal communication skills
Highly numerate, with excellent analytical and problem-solving skills
Excellent attention to detail
Ability to work under pressure and to tight deadlines
Time management
Good planning and organising skills
Accuracy and attention to detail
Delivery driven
Initiative and proactivity
Team player
Self-managed
Integrity
Assertiveness
**Educational Requirements**:
CA (SA)
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