Financial Accountant

Interdot Solutions; Sandton; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading insurance service provider is seeking a newly qualified CA for the Financial Accountant role in Sandton. This position will execute essential accounting operations and financial reporting duties, ensuring adherence to quality standards and processing requirements. The ideal candidate will have a competitive edge with experience in IFRS 17 and financial systems improvement.

Benefits

A competitive financial package and compelling rewards

Qualifications

• CA (SA) qualification is essential.
• Relevant financial education and experience.
• Exposure to insurance and IFRS 17 is advantageous.

Responsibilities

• Process and reconcile financial transactions accurately.
• Prepare monthly financial reports and analyse results.
• Monitor credit control and ensure compliance with internal controls.

Skills

Accounting operations

Financial reporting

Credit control

Internal control

Education

CA (SA)

Relevant tertiary financial qualification

Completion of articles

Job description

About the job Financial Accountant

Financial Accountant

Our client a leading insurance service provider is lookingfor a newly qualified CA to execute instructions received via processes withinthe framework of the Finance Process Area.

Key Duties and Responsibilities (include but is notlimited to):

Accounting operations:
• Processing accounting information (includingbillings, accounts receivable, general

ledger, etc)
• Preparation of the daily commission calculations
• Accurately record all financial transactions oninternal database system
• Reconcile transactional data.
• Assist with streamlining and improvingaccounting systems including assisting with automationprojects
• Adherence to all quality standards and processeswithin the Budgeting and Finance area
• Assistance with the implementation and runningof IFRS 17

Financial reporting:
• Prepare monthly financial reports timeously forvarious processing areas.
• Analyse and interpret financial results.
• Ensure that financial records are accurate andcompliant with the applicable standards.
• Provide operational support.
• Ensure invoices and statements are submitted timeously.
• Prepare accurate reconciliations.
• Assist with the preparation and analysis ofmonthly management accounts.
• Assist with the preparation of QuarterlyInvestco report
• Preparation of the Consolidated and individualentity financial statements for the Group
• Assist with the monthly tax calculation forvarious entities within the Group.
• Stay abreast of financial standards andregulations impacting the financials, analyse their impact and assist withfacilitating 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 collection process.
• Ensure that outstanding debtors balances aremaintained at acceptable levels.

Internal control:
• Adherence to the processing area's SOP
• Adherence to organizations compliance processesand procedures
• Complete complex tasks fast and accurately

Qualification:
• CA (SA) (Essential)
• Relevant tertiary financial qualification
• Completion of articles
• Insurance and IFRS 17 exposure advantageous butnot essential

• A competitive financial package and compelling rewards
• A competitive financial package and compelling rewards