Accountant: Group Finance (IAA) at PPS

Minimum Requirements

Qualifications

• Newly qualified CA(SA)
• 0 – 3 years’ post articles experience

Knowledge & Experience

• Knowledge of the insurance industry an advantage.
• Good accounting knowledge and proven track record.
• Exposure to IFRS 17 an advantage.

Strategic Orientation: 

• This role gives good exposure on understanding the IAA operational accounting system and insurance related transactions. 
• Relationship building with various business departments (Mainly IT, Operations and Actuarial).
• Insight into key drivers of the business’s most crucial numbers. 
• Responsible for preparation of General Ledger items and reconciliation.

Communication:

• Is articulate and communicates in a logical way and structures information to meet the needs and understanding of intended audiences, including senior management/executives
• Expresses opinions, information and key points of view clearly and assertively
• Is confident in conceptualising, building and presenting plans  related to presentations
• Anticipates and responds promptly and appropriately to the needs, reactions and feedback of various  stakeholders internally and externally

Commercial Acumen:

• Able to prioritise and work under pressure.
• Able to meet strict deadlines.
• Ability to gain an understanding of the various group companies, analyse reports / data, and ask informed questions. 
• Managing process and people to meet strategic objectives.

Computer Literacy:

• Is adept in the use of the latest MS Office package, particularly Excel, Word and Power-point.
• Exposure to various software solutions.  
• Knowledge of CPM and Great Plains an advantage.

Interpersonal and Intrapersonal Skills:

• Confident.
• Self-starter.
• Persuasive and influentia.l
• Good project management skills.
• Good networking skills.
• Good at multi-tasking.
• Good presentation skills.
• Manages expectations.
• Self-aware.
• Professional.
• Responsible & accountable.
• Attention to detail.
• Hard working.
• A person who delivers.

Duties and Responsibilities

Key Responsibilities

Processing

• 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
• Processing additional monthly standard journals received from Operational Accounts department as well as other Group finance journals, as required.
• Managing deliverables including analysis of key reports from Operational Accounts Department
• Implementation of new accounts and financial processes for new products and changes in operations

Reconciling

• Reconciling all IAA trial balance accounts to the general ledger
• Reconciling Premiums, Claims, Reinsurance and Commissions schedules to the trial balance

Financial Reporting

• 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 profit allocation calculation

Budgeting

• Preparing all IAA related Income and Expense budgets
• Preparing budget presentations for Exco and Board budget meetings with value added commentary on all variances.

Statutory reporting

• Assist and prepare financial information for the annual financial statements.
• Attending to Audit queries
• Preparation of the year-end profit allocation calculation

Business related issues

• Respond to queries from business timeously.