Insurance and Reporting Accountant: Group Finance

Job Description,

Reporting to the Senior Manager: Group Finance (Special Projects), this role is responsible for the General Ledger entries and reporting of transactions originating from the Insurance Administration System for PPS Insurance Company Limited (South Africa) & PPS Insurance Company (Namibia) Limited.

,

Requirements,

Education

• Undergraduate Accounting Degree
• Further studies post undergraduate degree (preferred)

Knowledge & Experience

• Knowledge of the insurance industry an advantageGood accounting knowledge and proven track record
• Exposure to IFRS 17 an advantage
• 0-3 years' post articles experience
• Previous experience in insurance industry or within an Insurance company (preferred)
• Proficiency in MS Office
• Exposure to various software solutions
• Knowledge of CPM and Great Plains (preferred)
• Project managenment skills

Competencies

• Business Acumen
• Influence
• Effective Communication
• Personal Courage
• Relationship Building

,

Duties and Responsibilities,

• Analyse the monthly IAA trial balance for unusual movements, query and follow through with Operational finance. Importing the IAA Trial balance into the General Ledger system
• Process additional monthly standard journals received from Operational Accounts department as well as other Group finance journals, as required.
• Manage deliverables including analysis of key reports from Operational Accounts Department
• Implementation of new accounts and financial processes for new products and changes in operations
• Reconcile all IAA trial balance accounts to the general ledger
• Take overall ownership of all IAA and insurance related accounting
• Provide management and PPS Board with accurate information and value-added commentary for month end and year end reporting.
• Investigate and explain variances to budget on all key numbers.
• Performance of the monthly and annual profit allocation calculation
• Prepare all IAA related Income and Expense budgets
• Prepare budget presentations for Exco and Board budget meetings with value added commentary on all variances.
• Assist and prepare financial information for the annual financial statements including IFRS 17 disclosures.
• Prepare year-end profit allocation calculation