Analyst Accounting and Auditing Technical Support
2 weeks ago
**Role responsibilities (but not limited to)**:
- Keep abreast with accounting and auditing developments affecting the banking and insurance industries through review of pronouncements by various Regulatory Boards
- Review accounting policies and methodologies applied by banks, insurers and other regulated institutions for compliance with International Financial Reporting Standards
- Liaise with external on accounting and auditing matters affecting the banking and insurance industries
- Assess the impact of accounting and auditing pronouncements on the South African regulatory framework and assist with policy formulation
- Represent the organisation on industry forums and update the department on local and international accounting and auditing developments
- Engage with banks, insurance entities and other relevant parties on the implementation and impact of new accounting standards e.g IFRS 9: Financial Instruments and IFRS 17: Insurance Contracts
**Minimum Qualification & Experience Required**:
- Bachelors degree in Accounting or Auditing (postgraduate qualification, CA(SA) or CFA added advantage)
- Five years relevant experience in the banking or insurance sector or financial risk management
- Understanding of the Basel framework for banks or the solvency assessment and management framework for insurers an added advantage
- Practical experience in the banking or insurance regulatory environment
- Practical experience in the technical accounting or auditing of banks or insurance companies
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