Financial Accountant - Commercial Insurance Experience Required (6 month contract)

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

Job summary

A leading recruitment agency seeks a Financial Accountant in Durban. The role involves preparing financial reports, managing entries, and ensuring compliance with IFRS and VAT. Ideal candidates should have a B. Com Accounting or related qualification, with 4-6 years of experience in insurance or financial services. Strong analytical skills and attention to detail are essential.

Qualifications

• Completed Articles 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.

Responsibilities

• Prepare monthly management accounts in compliance with Group reporting timelines.
• Prepare monthly petty cash, bank and GL reconciliations.
• Prepare commentary on the financial results.
• Reconcile intercompany balances and prepare confirmations.
• Compile documentation for audits.
• Support the implementation of internal controls.
• Assist in the implementation of the ERP system.

Skills

Strong analytical skills

Ability to work independently

MS Office – Excel

Attention to detail

Time management

Education

B. Com Accounting or related qualification

Tools

ERP system

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.