Senior Financial Accountant
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Job Location:
Centurion - South Africa
Monthly Salary:
Not Disclosed
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Responsibilities
1. Financial Reporting:
- Oversee preparation of monthly and biannual financial results together with the annual financial statements.
- Ensure compliance with IFRS and other regulatory standards.
- Prepare variance analysis and explain deviations in financial performance.
2. Accounting Operations:
- Manage the general ledger ensuring accurate and timely posting of transactions.
- Oversee accounts payable receivable and intercompany transactions.
- Implement and maintain internal controls to safeguard company assets.
- Ensure the completion of all month-end processes and reconciliations.
- Assist in the preparation of VAT calculations and submissions.
3. Regulatory Compliance:
- Ensure compliance with insurance regulations tax laws and financial reporting standards.
- Liaise with external auditors during annual audits and manage audit requests.
- Assist with preparation and filing regulatory reports as required by government agencies and managing queries from these agencies.
5. Team Leadership:
- Train and support junior accounting staff providing guidance where required.
- Foster a collaborative team environment encouraging professional development. Ensure collaboration and transparency in the relationship with Group Finance through proactive professional and accurate reporting and communication.
- Lead projects related to process improvements and system enhancements.
- Take end-to-end ownership for the accuracy of the trial balance and engage stakeholders where and when required on any areas of risk.
6. Financial Analysis:
- Conduct detailed financial analysis to support managements strategic initiatives.
- Assist in identifying cost-saving opportunities and operational efficiencies.
The candidate will report into the Financial Manager for OUTsurance.
Qualifications :
- Bachelors degree in accounting Finance or a related field; CA (SA) or equivalent qualifications preferred.
- Minimum 5 years of experience in financial accounting with at least 2 years in the insurance industry.
- Strong knowledge of IFRS and relevant regulatory requirements for insurance.
- Proficiency in MS Excel.
- Excellent analytical and critical thinking skills with diligence.
- Effective communication and interpersonal skills to interact with stakeholders at all levels.
- Ability to lead and manage multiple projects in a challenging environment.
Additional Information :
An ideal candidate will be able to align their personal work values to the OUTsurance. Being enthusiastic in dealing with challenges in a stressful deadline orientated environment is essential.
In accordance with OUTsurance Insurance Company Ltd Employment Equity goals preference will be given to individuals who meet the job requirements and are from the various designated groups.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Hyperion
- Financial Concepts
- Financial Report Writing
- GAAP
- General Ledger Accounting
- Accounting
- IFRS
- Account Reconciliation
- Analysis Skills
- SOX
- Financial Analysis
- ERP Systems
About Company
OUTsurance has been propelling the South African insurance industry forward for the last 26 years. As leaders in the field, were always looking for innovative ways to create digitally-advanced solutions, without losing sight of our human values. Our continued success can be attribute ... View more
