Technical Accountant

Discovery Limited; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading health company is seeking a Technical Accountant in Johannesburg to provide strategic financial support within the Discovery health segment. This role involves monitoring IFRS standards, preparing management accounts, and analyzing medical scheme financial reporting. The ideal candidate is a qualified Chartered Accountant with at least five years of relevant experience. Candidates with varied backgrounds and disabilities are encouraged to apply, aligning with the company's commitment to inclusion.

Qualifications

• Must be a qualified Chartered Accountant SA - CA (SA).
• Minimum of 5 years relevant experience.
• Must be a registered SAICA.

Responsibilities

• Monitor and review new International Financial Reporting Standards (IFRS).
• Prepare monthly Management Accounts.
• Review medical scheme annual financial statements.

Skills

IFRS knowledge

Financial Analysis

Communication

Education

Chartered Accountant SA - CA (SA)

Tools

MS Office

Job description

Discovery Health

Technical Accountant

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

Job Description

The Technical Accountant role is to provide strategic and technical financial support as well as reporting functions for business units within the Discovery health segment.

Key Outputs / Job Responsibilities may include but are not limited to:

• Monitor and review new International Financial Reporting Standards (IFRS), amendments and interpretations issued by the International Accounting Standards Board (IASB)
• Identify and analyse new IFRS standards and amendments applicable to medical schemes and prepare impact analysis and implementation plans
• Review and respond to technical financial queries and audit queries in respect of medical schemes
• Review and provide commentary and responses on circulars issued by regulators or other applicable industry bodies or forums
• Review medical scheme annual financial statements and other reporting for accuracy and areas of improvement and compliance with respective standards
• Develop and maintain relationships with internal and external stakeholders

Key Outputs

• Preparation and presentation of monthly Management Accounts
• Technical accounting
• Cost centre budgeting and analysis
• Adhoc financial analysis

Experience and Qualifications

• Must be a qualified Chartered Accountant SA - CA (SA)
• Minimum of 5 years relevant experience
• Must be a registered SAICA
• Experience with Medical Scheme Financial reporting
• Detailed knowledge and practical implementation of IFRS 17 – Insurance Contracts
• Competent with MS Office, especially Excel, Word and Outlook

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.