We are looking for a Technical Accountant to provide technical accounting support and operational expertise to help ensure that financial reports are accurate and balanced. This role will support the client in daily operations and regulatory obligations, ensuring the insurance division adheres to legal and financial frameworks by maintaining effective financial processes, procedures, and policies.
Key Responsibilities:
- Provide technical accounting support to the team and ensure quality assurance of balance sheets.
- Review monthly management accounts and perform analytical reviews, specifically for insurance contract assets.
- Maintain the general ledger and assist with VAT-related queries.
- Collaborate with operations and actuarial teams to ensure accurate reporting.
- Ensure journals are posted correctly in SAP GL and expense allocations are in line with IFRS 17.
- Investigate changes in IFRS and tax legislation related to insurance entities.
- Facilitate responses to audit queries.
Desired Experience & Qualifications:
-
CA(SA)
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2-4 years of experience in an insurance environment or relevant financial management roles.
- Strong understanding of VAT and IFRS, with experience in insurance accounting.
- Knowledge of financial reporting, AFS preparation, and SAM (Solvency Assessment and Management).
- Experience with general ledger maintenance and managing financial processes in SAP.
Desired Skills:
- VAT
- SAM
- Financial Management
- Insurance accounting
- Quality assurance
- Financial statements
- General ledger
- IFRS 17
- Balance sheet
Desired Work Experience:
- 2 to 5 years Banking
- 2 to 5 years Technical / Business Architecture
Desired Qualification Level & Accreditations:
- Honours
- South African Institute of Chartered Accountant
About The Employer:
This role will be in the insurance division of the bank