Financial Accountant - Commercial Insurance Experience Required (6 Month Contract)

Fempower; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A financial services company is seeking a Financial Accountant to prepare financial reports for business units. The ideal candidate will have 4-6 years of experience in a similar role, with a strong understanding of IFRS, VAT, and Income Tax. Key responsibilities include preparing management accounts, conducting financial reconciliations, and supporting audits. The candidate should possess strong analytical skills, attention to detail, and proficiency in MS Excel.

Qualifications

• Minimum of 4 to 6 years' experience in a similar role.
• Experience in Insurance or Financial services is essential.
• Thorough understanding of IFRS, VAT, and Income Tax.

Responsibilities

• Prepare financial reports for assigned business units.
• Process accounting entries and prepare monthly management accounts.
• Prepare monthly petty cash, bank, and GL reconciliations.
• Compile supporting documentation for audits.

Skills

Strong analytical skills

Strong attention to detail

Fluent in MS Office (Excel)

Ability to work independently

Ability to manage changing priorities

Education

B. Com Accounting or related qualification

Completed Articles

Tools

MS Excel

Job description

Currently in search of a Financial Accountant who will be responsible for preparing financial reports for the assigned business units.

Qualifications, Experience & Competencies

Minimum Qualifications

• B. Com Accounting or related qualification
• Completed Articles

Experience and Knowledge required

• Minimum of 4 to 6 years' experience in a similar role.
• Experience in Insurance or Financial services is key.
• Thorough understanding of IFRS, VAT and Income Tax

Skills and competence required

• Strong analytical skills
• Must be able to work independently and with minimal supervision
• MS Office with solid Excel skills (intermediate)
• Strong attention to detail
• Ability to manage changing priorities and competing demands

Key Performance Areas :

• Process accounting entries and prepare monthly management accounts in compliance with Group reporting timelines.
• Prepare monthly petty cash, bank and GL reconciliations.
• Prepare commentary on the financial results to provide insights to Management.
• Reconcile intercompany balances and prepare related confirmations.
• Compile supporting documentation and schedules required for external and internal audits.
• Support the implementation of internal controls, report financial discrepancies and errors.
• Assist in the implementation of the ERP system.