Cape Town: Group Financial Accountant CPT posted by Datafin
Job Description
Cape Town – Western Cape – South Africa
- Ensuring all recorded entries, specifically the monthly financial results provided by their underwriting partners, are prepared in accordance with generally accepted accounting standards and principles
- Continuous implementation of financial systems and best practices
- Assisting the Chief Financial officer with annual budgeting, cash flow forecasts, preparation and audit of financial statements and overall tax structuring & compliance
- Assisting and managing the relationship with outsourced in-country accounting firms used across the group
- Preparing the monthly and annual regional reports used in the group consolidation
- Ensuring compliance and keeping up to date with all financial & insurance regulatory requirements
- Providing support to the Chief Financial Officer on regulatory and tax reporting and all other submissions or returns
- Responds to financial inquiries by gathering, analysing, summarising, and interpreting data
- Monthly reporting to white-label and other distribution partners
- Monthly reporting on insurance KPIs including loss ratios, acquisition costs, retention rate and customer sales
- Monthly management reporting and to assist with preparing slides/overviews to the Board and Shareholders
- Insight to provide detailed explanation on all reconciled items, specifically as it relates to reconciliations between their insurance policy administration system, banking and their accounting systems for premiums and claims
- A newly qualified Chartered Accountant or up to three years post article experience.
- Exposure to the insurance/financial services industry is required.
- Specific exposure to life insurance, short-term insurance, or other financial services will be preferred.
- Having a commercial and entrepreneurial mindset with a passion for innovation and technology is key.
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