Group Finance: Accountant (Fixed-Term Contract)

Job Description,

Preparation of Group Management Accounts, Group Consolidation and coordinating Group Budgets. Reporting to the Finance Manager: Group, the incumbent is responsible for preparing monthly management accounts, consolidation entries and commentary of financial information for the Group and various subsidiaries and preparation of Group Financial Statements.

, Requirements,

Formal Qualification

• B Com Accounting.
• Bcom honours/equivalent (preferred)
• CA(SA) qualification (essential)

Knowledge And Experience

• Knowledge of the insurance industry an advantage
• Good technical knowledge of IFRS
• IFRS17 knowledge an advantage
• Consolidations knowledge an advantage
• Proven track record of being involved in the preparation or audit of Annual Financial Statements

Strategic Orientation

• This role gives technical input into accounting for all entities
• Responsible for preparation of key management reports to the Exco and Board
• Key person ensuring reporting is accurate, timely and of a high standard
• Responsible for preparation of General Ledger items and reconciliation
• Key person ensuring control environment is sound regarding Financial Reporting

, Duties and Responsibilities,

Processing

• Processing adhoc transactions in the General Ledger system
• Responsible for the releasing of payments between company and suppliers

Management Reporting

• Coordination and Preparation of monthly management accounts for group and various subsidiaries for Exco. This includes:
• Completion of consolidation workings and up-load into reporting system
• Reconciling / proof of various key balances
• Preparation of I/S, KPIs, review and updating of commentary for Exco Finance report and various subsidiaries

Preparation of key graphs

• Preparation of quarterly board reports for group and various entities
• Analysis and commentary on variances in Income and expenses

System Administrator

• System administrator: CPM (PM10) (Financial Reporting system/tool), Great Plains (Financial Reporting system/tool) and OneStream

Budget (Group)

• Preparation of various budget presentations (exco, boards) ofsubsidiaries for PPS Insurance and Holding Trust Boards
• Preparation and distribution of all Budget instructions to Group
• Managing CPM and OneStream access/users and coordinating capturing on System, and the administration thereof, by cost centres
• Preparation of variance reports analysis for budget meetings
• Budget and forecast consolidation entries for Group
• Commentary on presentations for Subsidiaries and Group

Budgeting (Subsidiaries)

• Overseeing and managing the budget process for all entities within responsibility
• Input of budgets for central costs and revenues for all entities
• Review of budgets and obtain a sound knowledge of what is driving income and expenses
• Preparing budget presentations for Exco and Board budget meetings Financial Statements (Group)
• Preparing disclosure packs for Group reporting
• Review of completed disclosure packs from subsidiaries
• Preparing of Group Financial Statements
• Attending to Group audit queries
• Assist with adhoc Group projects.