Technical Accounting Officer

Santam Insurance; Cape Town; On-site; ZAR 260,000 - 380,000; Full time

Job summary

Santam Insurance in Cape Town is seeking a Finance Support professional to assist with routine accounting tasks, journal entries, reconciliations and data processing. You will help prepare financial reports and ensure adherence to internal controls, contributing to accurate financial statements.

Minimum two years in financial services or insurance, with an undergraduate degree or relevant certification. This role focuses on data collection, analysis and standard reporting, under supervision.

Qualifications

• Minimum of 2 years experience within a financial services or insurance enviroment in a similar role.

Responsibilities

• Monitor and analyze data using established finance systems and protocols.
• Produce accurate reports for others by collecting data from a variety of standard sources and inputting it into standard formats.
• Use data management systems to access specific information as and when required.
• Extract and combine data to generate standard reports.
• Execute routine tasks related to managing financial transactions, including processing payments and assisting in reconciling bank statements.
• Escalates discrepancies or issues as needed.

Skills

Database reporting

Data categorization

Data retrieval

Financial accounting

Reporting

Data control

Education

Undergraduate degree or relevant certification

Bachelor's degree or equivalent level

Job description

Who are we?

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on our delivery of Insurance Good and Proper.

Who are we?

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on our delivery of Insurance Good and Proper.

Purpose of the Role

Provides support on routine accounting tasks including journal entries, reconciliations, financial data processing. Assists in the preparation of financial reports and ensures compliance with accounting procedures and internal controls. Coordinates routine accounting activities and ensures accurate processing of financial transactions. Provides basic assistance with reconciliations, data entry, and financial documentation, and escalates discrepancies or issues as needed.

Overview Of Role Responsibilities (Level 1-13)

Financial Management and Control

- Level 4 - Process Expert

Monitor and analyze data using established finance systems and protocols.

Data Collection and Analysis

- Level 4 - Process Expert

Produce accurate reports for others by collecting data from a variety of standard sources and inputting it into standard formats.

Data Management

- Level 4 - Process Expert

Use data management systems to access specific information as and when required.

Insights and Reporting

- Level 4 - Process Expert

Extract and combine data to generate standard reports.

Financial Transactions Management

- Level 4 - Process Expert

Execute routine tasks related to managing financial transactions, including processing payments and assisting in reconciling bank statements.

Required Skills

Database Reporting

- Intermediate

Works at an intermediate level to use database reporting tools and techniques. Typically works with guidance.

Categorizing and Classifying Information

- Intermediate

Works at an intermediate level to utilize systems and tools to support categorizing and classifying data and information. Typically works with guidance.

Information Retrieval and Searching

- Intermediate

Works at an intermediate level to utilize systems and tools required to search for new data or retrieve existing data in a database. Typically works with guidance.

Financial Accounting

- Intermediate

Works at an intermediate level to apply financial accounting principles, classifying, measuring and recording company financial transactions. Typically works with guidance.

Review and Reporting

- Intermediate

Works at an intermediate level to create reports, and review reports created by others, for various audiences as relevant, in a lucid and effective manner, keeping in mind the purpose of reports. Typically works with guidance.

Data Control

- Intermediate

Works at an intermediate level to acquire, organize, protect and process data in order to fulfill business objectives. Typically works with guidance.

General Experience

Minimum of 2 years experience within a financial services or insurance enviroment in a similar role.

Managerial Experience

None

Education

Undergraduate Degree or relevant certification

Bachelor's Degree or Equivalent Level

Required Behavioural Competencies

Ensures Accountability

Plans and Aligns

Tech Savvy

Manages Complexity

Optimises Work Processes

Financial Acumen

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.