About the job 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 are 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 the collection process.
- Ensure that outstanding debtors balances are maintained at acceptable levels.
Internal control:
- Adherence to the processing area's SOP
- Adherence to organization's 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
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