Financial Accountant (Insurance)

Copper Quail Global; Johannesburg; On-site; ZAR 400,000 - 800,000; Full time

Job summary

An established industry player in financial services is looking for a detail-oriented Financial Accountant specializing in insurance. This pivotal role involves managing month-end deliverables, conducting reconciliations, and ensuring compliance with regulatory standards. The successful candidate will support financial planning and reporting, providing valuable insights for business decision-making. Join a dynamic team where your contributions will enhance the organization's financial health and support its strategic goals. If you have a passion for accuracy and a commitment to excellence, this opportunity is perfect for you.

Qualifications

• 5+ years of experience in financial accounting required.
• B. Com. degree preferred for this role.

Responsibilities

• Manage month-end deliverables and ensure accurate financial reporting.
• Assist in budget preparation and support audits for compliance.

Skills

Financial Reporting

Reconciliation

Financial Analysis

Budget Preparation

Internal Controls

Education

Matric (Grade 12)

B. Com. degree (Accounting major)

Tools

MS GreatPlains (GP)

GRID

Job description

Job Description
Job Specification: Financial Accountant (Insurance)

Department: Finance
Position Type: Permanent
Industry: Financial Services

Position Overview

We are seeking an experienced and detail-oriented Financial Accountant (Insurance) to join a leading financial services provider. The role is vital in ensuring accurate financial reporting and reconciliation, supporting business strategy, and contributing to the overall financial health of the organization. The successful candidate will report to the Financial Manager (Insurance) and will be responsible for managing month-end deliverables, reconciliations, financial analysis, and supporting audits. The position requires a strong focus on accuracy and timeliness.

Key Responsibilities

1. Month-End Deliverables:
   
   • Prepare bordereaux and accounting schedules
   • Manage cashbook and ensure accurate postings of journals
   • Conduct system reconciliations, bank reconciliations, balance sheet reconciliations, and underwriter reconciliations
   • Prepare and distribute management accounts within required deadlines
   • Coordinate and ensure accurate accounting for deliverables from other finance departments such as Credit Control, Commissions, and Claim Payments
   • Address ad hoc queries promptly and efficiently
2. Financial Planning and Reporting:
   
   • Assist in budget preparation and forecasting cycles
   • Support internal and external audits and ensure compliance with regulatory requirements
   • Contribute to the identification and implementation of internal control improvements
   • Provide insightful financial analysis to support business decision-making
3. General Support and Improvement:
   
   • Identify and suggest improvements for financial systems and processes
   • Participate in continuous learning initiatives to improve work quality and enhance personal skills
   • Uphold company values and contribute positively to the company culture

Experience & Qualifications

• Matric (Grade 12)
• B. Com. degree (Accounting major or similar) preferred
• Minimum 5 years' post-graduation experience in financial accounting
• Experience with MS GreatPlains (GP) and GRID is advantageous
• System accounting experience is a plus