Financial Accountant MMH260720-3

Momentum

Role Purpose

Accurately control and process financial information, prepare financial reports and analysis to enable business processes for the group insurance finance team.

Requirements

  • BCom Degree in Accounting
  • 3 to 5 years’ experience in accounting
  • Knowledge of the insurance and investment industry and applicable regulatory requirements and legislation would be an advantage

Duties and Responsibilities

  • Complete month-end related tasks accurately and timeously within Group Insurance.
  • Pass month-end journals which will include premiums, claims, administration, commission, CAO, profit share and intercompany processes
  • Ensure accruals are accurate and timeous
  • Roll-up journals to be posted between the sub-ledger and Momentum Group Limited;
  • Perform recons between the administration system and the ledger
  • Analyse the income statement cash flow variances and supply commentary
  • Perform monthly general ledger reconciliations and complete ageing
  • Liaise with the client service area monthly.
  • Assist with any audit query and engagement with the auditors.

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