Insurance and Reporting Accountant: Group Finance

PPS

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