Financial Reporting Manager

Salix Recruitment; Midrand; On-site; ZAR 700,000 - 900,000; Full time

Job summary

A financial services recruitment agency is looking for an experienced Reporting Manager to lead financial reporting processes in compliance with IFRS 17 standards. The ideal candidate has over 5 years of experience in financial reporting and strong analytical skills. This role is centered around enhancing reporting efficiencies and ensuring compliance, requiring collaboration with various teams within the organization.

Qualifications

• 5+ years of experience in financial reporting, focusing on IFRS 4 and IFRS 17.
• 2 - 4 years experience within the sector (Life and/or Non-life).

Responsibilities

• Prepare and submit IFRS 17 financial statements and ensure compliance.
• Enhance IFRS 17 frameworks, optimise data flows & automation.
• Collaborate with actuarial and IT teams and provide technical IFRS 17 training.
• Ensure data & actuarial valuation align with IFRS 17.

Skills

Knowledge of insurance products

Regulatory regimes (SAM, IFRS 17)

Actuarial valuation processes

Driving process improvements

Financial reporting systems

Education

Matric (Grade 12)

BCom Accounting / Finance

BCom Honours Accounting (CTA)

Fully Qualified

Job description

Overview

Our client is looking for an experienced Reporting Manager – IFRS 17 to join their Finance team and lead financial reporting processes aligned with IFRS 17 standards.

This role requires strong technical expertise, analytical skills, and the ability to drive efficiencies in financial reporting processes.

Responsibilities

• Financial Reporting & Compliance: Prepare and submit IFRS 17 financial statements, ensure compliance, and oversee monthly, quarterly & annual reporting.
• Process Improvement & Automation: Enhance IFRS 17 frameworks, optimise data flows & automation, and strengthen financial controls & reconciliations.
• Business Partnering & Stakeholder Engagement: Collaborate with actuarial and IT teams, provide technical IFRS 17 training, and support senior management with insights.
• Data & Systems Management: Ensure data & actuarial valuation align with IFRS 17 and oversee data validation & reconciliation.

Qualifications

• Matric (Grade 12)
• BCom Accounting / Finance
• BCom Honours Accounting (CTA)
• Fully Qualified

Experience

• 5+ years of experience in financial reporting, with a strong focus on IFRS 4 and IFRS 17.
• 2 - 4 years experience within the sector (Life and / or Non-life).

Skills & Competencies

• Knowledge of insurance products, regulatory regimes (SAM, IFRS 17), and actuarial valuation processes.
• In-depth understanding and practical experience with IFRS 17 implementation and reporting.
• Ability to drive process improvements and enhance reporting efficiencies.
• Proficiency in financial reporting systems.

Are you a highly skilled professional with a passion for financial reporting and compliance? We would love to hear from you!

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.