Financial Accountant

Financial Accountant

Our client a leading insurance service provider is looking for a newly qualified CA to execute instructions received via processes within the framework of the Finance Process Area.

Key Duties and Responsibilities (include but is not limited to):

Accounting operations:

· Processing accounting information (including billings, accounts receivable, general

ledger, etc)

· Preparation of the daily commission calculations

· Accurately record all financial transactions on internal database system

· Reconcile transactional data.

· Assist with streamlining and improving accounting systems including assisting with automation projects

· Adherence to all quality standards and processes within the Budgeting and Finance area

· Assistance with the implementation and running of IFRS 17

Financial reporting:

· Prepare monthly financial reports timeously for various processing areas.

· Analyse and interpret financial results.

· Ensure that financial records are accurate and compliant with the applicable standards.

· Provide operational support.

· Ensure invoices and statements are submitted timeously.

· Prepare accurate reconciliations.

· Assist with the preparation and analysis of monthly management accounts.

· Assist with the preparation of Quarterly Investco report

· Preparation of the Consolidated and individual entity financial statements for the Group

· Assist with the monthly tax calculation for various entities within the Group.

· Stay abreast of financial standards and regulations impacting the financials, analyse their impact and assist with facilitating the implementation thereof.

· Work on ad hoc projects as required.

Credit control:

· Monitor and track receipts against arrear premiums.

· Prepare arrear letters.

· Assist with preparation of AOD’s and repayment schedules.

· Identify areas of improvement in collection process.

· Ensure that outstanding debtors balances are maintained at acceptable levels.

Internal control:

· Adherence to the processing area's SOP

· Adherence to organizations compliance processes and procedures

· Complete complex tasks fast and accurately

Qualification:

· CA (SA) (Essential)

· Relevant tertiary financial qualification

· Completion of articles

· Insurance and IFRS 17 exposure advantageous but not essential