Financial Accounting Associate – IFRS17 & Life Re

Gen Re; Wes-Kaap; On-site; ZAR 240,000 - 360,000; Full time

Job summary

General Reinsurance Cape Town Branch is seeking an Accountant to join its Finance division. The role supports corporate finance and Life reinsurance accounting, records transactions, and maintains records and controls.

Under the Finance Manager, you will assist with month-end, IFRS 17-related processing, regulatory reporting and client accounting activities. Strong Excel and SAP skills and attention to detail are essential to succeed in this position.

Qualifications

• Three-year Bachelor’s degree or National Diploma in Accounting or Finance completed.
• 1–3 years’ accounting, finance operations or audit experience preferred.
• Sound double-entry, journal, accounts-payable, bank-processing, documentation and month-end control knowledge.
• Strong Excel skills; SAP experience advantageous.
• Excellent written and verbal communication; strong numerical and analytical abilities.
• Interpersonal skills with ability to work in a team and engage with stakeholders.
• Ability to work independently with sound judgement.
• Strong organisational skills and attention to detail.

Responsibilities

• Capturing approved supplier and claim invoices and processing deposits, payments, bank entries, petty cash and foreign-currency entries
• Clearing paid invoices, handling creditor queries and monitoring the SA Finance inbox
• Supporting month-end processes through routine processing, system checks and schedules
• Supporting IFRS 17-related processing and system updates
• Supporting Life reinsurance processing and client accounting activities
• Supporting regulatory and management reporting processes, including preparation, upload and report distribution
• Collating statutory reporting and B-BBEE information for business units
• Collating audit evidence and responding to audit requests and process descriptions
• Maintaining Financial Statement schedules and records
• Supporting new system testing and implementation
• Maintaining checklists and escalating exceptions
• Ad hoc requests as required

Skills

Attention to detail

Analytical skills

Strong communication

Team player

Independent worker

Time management

Education

Bachelor’s degree in Accounting

National Diploma in Accounting

Tools

Excel

SAP

Job description

General Reinsurance Cape Town Branch is seeking an Accountant to join its Finance division. The role supports corporate finance and Life reinsurance accounting, records transactions, and maintains records and controls.

Under the Finance Manager, you will assist with month-end, IFRS 17-related processing, regulatory reporting and client accounting activities. Strong Excel and SAP skills and attention to detail are essential to succeed in this position.