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Financial Accountant

Job Description - Financial Accountant

Supporting core financial functions within a niche short-term insurance environment, this four-month fixed-term contract position drives accurate financial management, technical accounting, and regulatory reporting. Commencing at the earliest possible date, the role ensures robust month-end processing, strict internal controls, and full alignment with IFRS 17 standards.

The role involves key responsibilities across treasury management, audit co-ordination, and financial reporting, including tax compliance and budget forecasting. Operating in a collaborative space, it offers direct involvement in technical account reviews, profit commission calculations, and cross-departmental engagement.

Key Responsibilities

  • Financial Management: Prepare month-end files and review information for accuracy, completeness, and adherence to agreed deadlines.

  • Technical Accounting: Calculate profit commissions, prepare technical accounts, and review month-end bank and provision reconciliations.

  • Financial Reporting & Analysis: Prepare monthly management accounts, analyse actual versus budgeted expenses, and manage IFRS 17 input and output checks.

  • Statutory Compliance & Reporting: Prepare and review monthly, quarterly, and annual financial statements (AFS) according to IFRS 17, and manage SARS submissions (VAT, EMP201, and Tax returns) within deadlines to avoid penalties.

  • Planning & Forecasting: Formulate forecasts and budgets, and attend to ad hoc financial requests.

  • Treasury Supervision: Oversee and review creditors payments to ensure accurate and timely processing.

  • Audit & Internal Controls: Maintain internal controls and document management for internal and external audits, co-operate with auditors, facilitate audit processes, and implement findings or recommendations.

  • Stakeholder Management: Collaborate with finance colleagues, wider organisational teams, and build effective working relationships with department heads and managers.



Requirements

Essential Requirements

  • Postgraduate qualification in Accounting, Finance, or a related field.

  • Minimum of 3 years' relevant work experience within the short-term insurance industry.

  • Strong technical background in short-term insurance.

  • Advanced proficiency in Microsoft Excel and Power BI.

  • English language proficiency at C1 level or higher.

Desirable Requirements

  • Completion of articles.

  • Experience with SAP or similar financial reporting software.

Required Software Skills

  • Microsoft Excel (Advanced)

  • Microsoft Power BI

  • SAP (Desirable)


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