Head : Financial Reporting

Santam Insurance; Johannesburg; On-site; ZAR 1 200 000 - 1 800 000; Full time

Job summary

A leading insurance company is seeking a Head of Financial Reporting in Johannesburg. This role involves overseeing financial reports, compliance, and leading a finance team. Candidates should have extensive experience in financial reporting and IFRS, along with strong analytical and communication skills.

Qualifications

• Minimum 10 years working experience in financial reporting.
• Strong knowledge of IFRS and tax regulations.

Responsibilities

• Overseeing completion of monthly trial balances and reporting.
• Preparation of annual financial statements and tax returns.
• Leading and developing the finance team.

Skills

Problem-Solving

Analytical Skills

Communication

Organizational Skills

Project Management

Education

Relevant Bachelor's Degree

Post Graduate Qualification

Tools

IFRS

Reinsurance Accounting

Job description

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We have an exciting opportunity for a Head of Financial Reporting at Emerald based in Fourways Johannesburg.

What will make you successful?The Head of Financial Reporting takes overall responsibility to produce financial reports, financial statements, budgets and forecasts.

This role will report directly to the Chief Financial Officer, and responsibilities also include overseeing tax matters, regulatory, investment and projects.

Responsibilities Overseeing completion of monthly trial balances, underwriting results and reporting to internal and external parties.Reinsurance accounting, including review of reinsurance credit control.Reconciliation of IFRS 4 vs IFRS 17 results (transition).Overseeing the VAT and income tax payment processes.Monthly management accounts preparation and presentation to Exco.Review of group reporting financial pack.Overseeing Group and internal projects.Preparation of annual financial statements.Preparation of annual tax return.Developing and maintaining budgets and quarterly forecasts.Regulatory reporting and compliance.Banking and investments – authorization of payments and managing investments.Peer Review - Internal review of Underwriting, Claims and SASRIA matters.Overseeing External and Internal auditors.Leading, overseeing, guiding and developing the finance team in an inspiring environment with open communication culture.Discover training needs and provide coaching for the finance team.Qualifications and ExperienceRelevant bachelor's degree and post graduate qualificationMinimum 10 years working experienceStrong knowledge of financial reporting, IFRS and taxTechnical skills : short term insurance and reinsurance accounting (non-negotiable)SAICA articles would be an advantageSkill and CompetenciesExcellent ability to problem-solve, along with solid analytical skills.Strong level of accuracy and self-reviewAbility to work at the conceptual as well as detailed level.Ability to review data and make relevant management decisions.Strong organisational and project management skills.Excellent verbal and written communication skills, and the ability to communicate effectively at all levels.Interpersonal skills, to lead, influence and motivate.Leading Self – taking ownership for own performance and decisions.High level of self-discipline and responsible individualFocused and results-oriented, driven by excellence, and a change agent.

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Financial Reporting • Johannesburg, Gauteng