Accountant: Group Finance at PPS

• Reporting to the Manager: Group Finance, the role is responsible for the processing and reporting of financial transactions of PPS Insurance Company Limited and PPS Insurance Company (Namibia) Limited. 
• This role is responsible is also responsible for the capturing, reconciling, reporting and commentary of financial information for the long-term insurance entities.

Minimum Requirements    
Education:

• Newly qualified CA (SA)

Experience:

• Competed Articles
• Previous experience in an Insurance company would be an advantage
• IFRS17 knowledge an advantage
• Proven track record of being involved in the preparation or audit of Annual Financial Statements in the financial services sector
• Exposure to various software solutions
• Knowledge of Great Plains an advantage

Knowledge and Skills (maximum of 10):

• Good technical accounting knowledge of IFRS. This role gives technical input into Accounting for PPS Insurance Limited and PPS Insurance (Namibia) Limited and disclosure thereof
• Financial Reporting knowledge and understanding
• Managing process and people to meet strategic objectives and deadlines
• Key person ensuring control environment is sound regarding Financial Reporting
• Expresses opinions, information and key points of view clearly and assertively
• Anticipates and responds appropriately to the needs, reactions and feedback of various stakeholders internally and externally
• Able to prioritise and work under pressure
• Able to meet strict deadlines

Duties and Responsibilities    

Processing

• Processing transactions in the General Ledger system including Reinsurance, Expenses, provisions and other.
• Responsible for the invoicing and monitoring of payments between company and subsidiaries
• Responsible for the payment of monthly reinsurance
• Managing the Accounting Treatment of all leases within the companies
• Managing the recoverability of reinsurance claims from reinsurers with the actuarial department
• Authorisation of procurement payments

Reconciling

• Reconciling all relevant balance sheet accounts to third party documentation
• Resolving outstanding issues timeously

Management Reporting

• Commentary on variances in the I/S and B/S of the insurance entities.
• Monitoring of expenses to Budget by Company / Cost centre and familiar with reasons for variances
• Preparation of monthly expense reports to be sent to each Exco member
• Preparation of Exco slides for Budget / Forecast

Budgeting

• Overseeing and managing the budget process for Namibia entity
• Input of budgets for central costs and revenues
• Review of budgets and obtain a sound knowledge of what is driving income and expenses
• Preparing budget /forecast presentations for Exco and Board budget meetings

Statutory reporting

• Preparation of the annual financial statements of PPS Insurance Company Limited and PPS Insurance Company (Namibia) Limited
• Providing all requested information to auditors (external & internal) and attending to Audit queries

Team support

• Providing input into tax and statutory reporting
• Running of all Trial Balances from Great Plains
• Work closely with bookkeepers & creditors to ensure correct accounting and allocations in General Ledger
• Assisting with Ad Hoc requests

Special Projects

• Actively involved in new projects including automation projects

Closing Date    
2023/06/02