Job Description
About the Role
Hire Resolve’s client, a specialist Cell Captive insurance company, is seeking a skilled Client Accountant to join their dynamic team in Johannesburg. The role involves accurately processing underwriting results and financial transactions per client, ensuring precise and timely reporting of financial data.
Key Responsibilities
- Efficiently process underwriting results per client onto the general ledger, covering premium, reinsurance premium, claims, recoveries, commissions, and fees
- Manage reserves per client on the general ledger, including outstanding claims, Incurred but Not Reported (IBNR), unearned premium reserve, and corresponding reinsurance portions
- Accurately handle income tax per client on the general ledger
- Record cashbook transactions and any essential journal entries per client on the general ledger
- Prepare meticulous Balance Sheet reconciliations per client
- Generate client financial statements, policy statements, and other necessary financial reports
- Supervise the collection of premium and reinsurance debtors
- Facilitate payments to reinsurers and the submission of reinsurance bordereaux
- Oversee payments to administrators and other creditors linked to the client portfolio
- Responsively address client queries and attend essential client meetings
Requirements
- Bachelor’s Degree in Accounting or a related field
- Proven work experience in a comparable accounting role
- Preferred experience within the insurance industry
- Efficient information gathering and handling abilities
- Strong deadline-oriented mindset and ability to excel under pressure
- Exceptional teamwork skills, energy, and resilience in a dynamic environment
- Excellent communication and interpersonal skills
- Proficiently understand and apply accounting principles, income tax, and Value Added Tax (VAT)
- Familiarity with VAT and insurance accounting is advantageous
Qualifications
- Bachelor’s Degree in Accounting or a related field
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Auditing Jobs in Gauteng
In Gauteng, South Africa, the auditing industry is generally thriving, with a high demand for skilled professionals to ensure financial accuracy and compliance. The sector is often influenced by economic trends, such as growth in industries like finance, technology, and manufacturing, which can create opportunities for auditors. As a result, job seekers in this field can expect a competitive market with a range of career options.
Typically, auditors in Gauteng can expect to earn salaries ranging from R400 000 to R700 000 per annum, although these figures can vary widely depending on factors such as experience, company size, and industry sector. For example, senior-level auditors or those working in large corporations may command higher salaries, while entry-level positions or smaller firms may offer more modest compensation. It’s essential to note that these are broad estimates, and actual salaries can differ significantly based on individual circumstances.
Common skills for auditing professionals in Gauteng include technical knowledge of accounting standards, analytical and problem-solving abilities, effective communication and interpersonal skills, attention to detail, and the ability to work under pressure. Other important skills often required for this role include proficiency in software applications such as Excel, Access, or ERP systems, and a strong understanding of financial reporting and regulatory requirements.
The auditing industry is commonly found in sectors like financial services, technology, manufacturing, and public sector organisations. These industries often require auditors to ensure compliance with laws and regulations, manage financial risks, and provide assurance on financial statements. Other industries, such as construction or agriculture, may also employ auditors to assess their financial performance and internal controls.
Career development opportunities for auditors in Gauteng are often focused on professional certification, such as the Certified Public Accountant (CPA) designation, or obtaining specialized certifications like the Certified Internal Auditor (CIA). Many firms also offer training programs and mentorship initiatives to help employees advance their careers. With experience and additional qualifications, auditors can move into senior roles, start their own practices, or transition into related fields like forensic accounting or management consulting.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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