Financial Reporting Accountant - Sanlam

The purpose of the role is to assist the Financial Manager with the accounting operations of the company, which include the preparation and presentation of financial reports and year-end financial statements.

Key Responsibilities     

• Assist with the month-end process (including month-end journals) and produce monthly management accounts, provide analysis to management

• Preparation of balance sheet reconciliations

• Preparation of the calculation and recording of complex transactions such as premium income and commission

• Posting and allocation of banking transactions to the cashbooks on a monthly basis

• Timeously and accurately prepares and reports on the company’s financial performance against budget and forecast on a monthly basis.

• Review and authorising of manual claims and other expense payments.

• Monthly reporting using HFM and reconciling HFM reports to the management accounts on a monthly basis. This includes preparation of report packs

• Assist with the solving of queries from group finance and reporting

• Assist with the year-end annual financial statements in accordance with IFRS, company policies and procedures.

• Preparation of regulatory returns

• Assist on ad hoc projects within Finance and Business to ensure the success of the business

• Adherence and maintenance of internal controls for the processing function

• Liaise with External and Internal Auditors

What will make you successful in this role?

Formal Qualifications  

• BCom in Accounting or another Finance-related major

• SAICA/SAIPA articles highly advantageous

Knowledge and Experience

• Three years’ experience in a reporting role in the insurance industry

• Computer literacy – MS Office – Excel and Word

• Exposure to financial accounting systems e.g. Sage 300 and HFM will be advantageous

• Accounting principles and policies 

• Regulatory legislation 

• Basic knowledge of insurance industry 

• Well-developed verbal and written communication skills

Essential Behavioral Competencies

• Analysing

• Relating and networking

• Coping with pressures and setbacks 

• Teamwork

• Confidence and decisiveness

• Pro-activity

• Planning and organising 

• Quality and detail orientation 

Desirable Behavioral Competencies

• Adapting and responding to change

• Interpersonal sensitivity

• Adhering to principles and values

• Persuading and influencing 

• Achieving personal work goals and objectives

Personal Attributes

• Manages conflict - Contributing independently
• Demonstrates self-awareness - Contributing independently
• Optimises work processes - Contributing independently
• Action orientated - Contributing independently

Core Competencies

• Cultivates innovation - Contributing independently
• Customer focus - Contributing independently
• Drives results - Contributing independently
• Collaborates - Contributing independently