Financial Accountant

2 days ago

Durban Metropolitan Area, South Africa Nexelica Full time R2 304 000 - R5 040 000 per year

Job Title:
Financial Accountant

Location:
Durban (On-Site)

Salary:
R360,000 – R420,000 per annum (Permanent) & R240,000 – R300,000 per

annum (Fixed-Term Contract)

Employment Type:
Permanent & Fixed-Term Contract role available

About The Role

Our client, a well-established organisation in the insurance sector, is seeking experienced

Financial Accountants with strong commercial backgrounds to manage and maintain their financial records within their Financial Services division. The successful candidates will be responsible for premium collections, claims collections, financial accounting, and statutory reporting.

INSURANCE INDUSTRY EXPERIENCE IS ESSENTIAL

Key Responsibilities

  • Manage end-to-end financial accounting processes for Financial Services books.
  • Oversee premium collections and claims collections, ensuring accuracy and timely reconciliations.
  • Prepare monthly, quarterly, and annual financial reports.
  • Perform general ledger maintenance, journals, and balance sheet reconciliations.
  • Assist in budgeting, forecasting, and variance analysis.
  • Ensure compliance with relevant accounting standards, company policies, and regulatory requirements.
  • Support internal and external audits, providing schedules and documentation.
  • Monitor financial controls and recommend improvements where necessary.
  • Collaborate with cross-functional teams to ensure accurate financial information flow.

Minimum Requirements

  • National Diploma or Degree in Accounting / Finance.
  • Minimum 3–5 years' experience as a Financial Accountant within a commercial environment.
  • Insurance sector experience is mandatory.
  • Strong understanding of financial accounting principles and reporting standards.
  • Proficiency in accounting software and MS Excel (intermediate to advanced).
  • Experience with reconciliations, collections, and financial analysis.

Key Competencies

  • Strong attention to detail and high accuracy levels
  • Ability to work under pressure and meet deadlines.
  • Excellent communication and interpersonal skills.
  • Analytical thinker with strong problem-solving abilities.
  • Ability to work independently as well as within a team.

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