Finance Quality Assurance Reviewer

To take responsibility for and drive reviews and improvements relating to client accounting and the broader finance team. The end goal is to improve the quality of output produced by finance and improve efficiencies.

Continuous improvement and reconciliation and quality assurance and review functions within client accounting and the broader finance team.

• Identify and resolve high risk problem areas and contentious issues that need to be managed in more detail within the client accounting space.
• Obtain detail understanding of problems identified and perform reconciliation in support of decisions to be made relating to these high risk projects.
• Prepare working papers and documentation:
  • as support for thought process and adjustments made

• for reporting and presentation to management and clients where application;
• to help facilitate decision making and agreement to adjustment; and
• to serve as proof of work and audit evidence.
• Manage and provide feedback on high risk projects identified to the relevant stakeholders at the agreed upon intervals.
• Perform an independent review of financial results of cells contingency policies and promoter cells on an adhoc/unpredictable basis to help identify problem areas for improvement or intervention. This will be done by scrutinising the Income Statement over a period and the Balance Sheet at a given point in time and performing strategic checks to identify areas for improvement.
• Provide support to other projects affecting the client accounting and broader finance team.
• Assist in reviewing reconciliation performed by the client accounting team to identify areas for improvement or to identify possible errors and provide feedback where required.
• Assist with the review of the client take on process to ensure smooth onboarding of clients. This includes:
• Obtaining an understanding of the client their systems and reposting processes;
• Obtaining and understanding of the type of products sold and the terms relating to this to accurately determine the risk codes to be used which will have SAM implications.
• Checking initial bordereaux to ensure that it is compliant with internal requirements and that all the relevant detail is contained in the bordereaux to ensure accurate capturing and reporting by client accounting.
• Obtaining and understanding of the reinsurance structure of the client to ensure that each cell is set up in a way to make the reinsurance processes and reporting more efficient and also that the reinsurance accounting is done accurately and completely.
• Ensuring that all relevant agreements are in place (shareholders agreements binder agreements intermediary agreements and float agreements.
• Ensuring that the CIMS setup of the client is complete and accurate.
• Handing each client over to the client accounting team with a proper client manual.
• Assist with training sessions for accountants and clients to streamline processes in areas identified for improvement from reviews performed.
• Guide and assist portfolio accountants with smaller client related projects.
• Tracking key balances and indicators to identify potential problems and process failures.
• Portfolio support and management/servicing by working closely with the portfolio managers accountants reinsurance team and other colleagues.
• Contribute to the enhancement of systems and processes issues in order to enhance financial management streamline processes and contribute to time saving.
• Continuously develop own expertise in terms of professional industry and legislation knowledge.
• Contribute to continuous innovation through the development sharing and implementation of new ideas.
• Participate and contribute to a culture which build rewarding relationships facilitates feedback and provides exceptional client service within the organisation.
• Contribute to the internal and external audit process and resolve any audit queries within the deadlines set.
• Assist with ad hoc projects such as changes in regulatory and reporting standards that require finance related changes to be made.
• Provide authoritative expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Make recommendations to improvement client service within area of responsibility.
• Build and maintain quality trust relationships with colleagues clients as well as internal and external stakeholders.
• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional industry and legislation knowledge.
• Contribute to continuous innovation through the development sharing and implementation of new ideas.
• Take ownership for driving career development.
• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policies.
• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Implement and manage financial risk methodologies techniques and systems used to monitor and report on financial activities.
• Implement and provide feedback on the effectiveness of financial policies practice and procedures preventing illegal unethical or improper conduct.
• Investigate reported wilful acts of noncompliance to organisation policies and practice and report on findings.

• At least 5 7 years experience in accounting with good aptitude for accounting entries
• At least 5 7 years exposure to finance reconciliations and control processes
• At least 5 7 years exposure to financial systems and integrations
• Finance Degree / Financial Management Degree

• Business Acumen
• Client/Stakeholder Commitment
• Drive for Results
• Leads Change and Innovation
• Collaboration
• Impact and Influence
• SelfAwareness and Insight
• Diversity and Inclusiveness
• Data analytics skills