Job Description
About the Role
Hire Resolve’s client, a reputable insurance company based in Johannesburg, is currently seeking a dedicated and experienced Client Accountant to join their team. As a Client Accountant, you will be responsible for managing the financial transactions and reporting for a portfolio of clients within the insurance industry.
Key Responsibilities
- Process and maintain accurate financial records for assigned clients
- Process underwriting results per client onto the general ledger including premium, reinsurance premium, claims, recoveries, commissions and fees.
- Process reserves per client onto the general ledger i.e. outstanding claims, Incurred But Not Reported (IBNR),
- Process income tax per client onto the general ledger
- unearned premium reserve as well as corresponding reinsurance portions
- Prepare and review client financial statements, including income statements, balance sheets, and cash flow statements
- Manage the collection of premiums and settlement of claims
- Ensure compliance with accounting standards and regulations
- Coordinate with internal departments and external stakeholders to resolve any financial issues
- Provide financial analysis and reporting to management
Requirements
- Bachelor’s degree in Accounting or Finance or similar
- Minimum of 3 years’ experience in an accounting role within the insurance industry
- Proficiency in accounting software and MS Excel
- Strong knowledge of accounting principles and regulations
- Excellent attention to detail and accuracy
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work independently and manage multiple priorities
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Salary: R500K/Yr – R650K/Yr
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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