Microinsurance Accountant at Guardrisk

Role Purpose    
The work will consist of providing high quality, service driven and client focused reporting for the Guardrisk Micro Insurance legal entities. Accurately control and process financial information and prepare financial reports and analysis to enable business processes. Reporting responsibilities include preparation of all SAM templates, IFRS financial statements, group reporting packs, tax returns (including calculation of taxes payable), completion of all SARS related reporting and add hoc requests.  In addition, the roll will also be responsible to perform the accounting function for a portfolio of clients.

Requirements    

• Degree in Financial Management/ Accounting/ or equivalent
• Completed accounting articles
• Qualified CA preferred
• At least 2 – 5 years’ experience in accounting in a similar role
• Good understanding of industry, statutory and insurance law
• General understanding of industry, statutory guidelines and insurance law.
• Experience with calculation of five fund tax applicable to life insurance companies.
• Cell captive experience preferred.
• Experience preparing statutory reports, including SAM, SARB, NCR, SARS etc. (at least two years).
• Experience preparing IFRS financial statements for life insurance companies.

Duties & Responsibilities    

• Management of the accounting function for Guardrisk Micro Insurance cell captive client (by portfolio of clients allocated)
• Accurately, efficiently and timely capturing and reporting of transactions of their portfolio of client
• Review and /or prepare payments documents and obtain the necessary source documentation and authorisation to effect payments 
• timely and with the determined service level agreement levels
• Review and approve the general ledger journal allocations based on levels of authority and policy.
• Review all documentation to ensure that the correct level of authority has authorised the document and raise any exceptions with the relevant stakeholder
• Prepare and review financial transactions and reporting of each client within their portfolio of clients
• Compile and prepare monthly and year end reconciliations of their portfolio of clients
• Identify and report respective accounting or reporting issues
• Investigate and resolve any outstanding queries in relation to accounting issues
• Identify and resolve problem sources or escalate to relevant level of authority
• Special Projects assigned with the group
• Meeting company and client accounting, payment and reporting deadlines
• Contribute to the enhancement of systems and processes issues in order to enhance financial management
• 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
• Identify and reconcile discrepancies and problems
• Build and maintain relationships with clients as well as internal and external stakeholders
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation
• Prepare and provide necessary documentation to complete timely audit both for client and Guardrisk
• Provide authoritative, expertise and advice to clients and stakeholders
• Build and maintain relationships with clients and internal and external stakeholders
• Develop and maintain productive and collaborative working relationships with peers and stakeholders
• Positively influence and participate in change initiatives
• Control and track the budget for the various portfolios

Competencies    

• Business Acumen
• Collaboration, performing and overseeing
• Client/Stakeholder Commitment
• Analytical

Closing Date: 31st, August 2022