Job Description
About the Role
A leading short-term Insurance Company is seeking an Experienced Reinsurance Financial Accountant to join their team at their offices in Cape Town. The ideal candidate will be responsible for carrying out all financial aspects of internal reinsurance, including reinsurance transaction accounting and financial report preparation.
Key Responsibilities
- Handle accounting in accordance with International Financial Reporting Standards for all underwriting and other financial activities involving the company.
- Gather financial reports.
- Provide advice and support to the company on accounting matters.
- Control reinsurance regulatory reporting in accordance with FSB and SARB specifications.
- Maintain stringent monthly deadlines that are important to the overall Group Reporting schedule.
- Manage sporadic financial projects.
- Handle concerns found and promote their resolution.
Requirements
Qualified Accountant (CIMA/SAIPA or CA)
Minimum 3 years experience in a Financial Role
Qualifications
(No qualifications mentioned in original job description, so skipping this section)
Salary & Benefits
Salary details not specified in the original job description, so skipping this section
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Western Cape
In the Western Cape, the finance and accounting profession is a thriving industry with a strong demand for skilled professionals. Typically, the job market trends indicate a steady growth in the need for finance and accounting expertise across various sectors. This is often driven by the increasing importance of financial management, regulatory compliance, and data-driven decision-making in businesses.
When it comes to salaries, it’s common to see broad ranges varying depending on factors like experience, company size, and industry sector. Generally, entry-level positions can expect salaries ranging from R250 000 to R400 000 per annum, while senior roles may command salaries between R600 000 and R1 200 000 or more, depending on the individual’s qualifications and level of expertise.
Common skills required for finance and accounting roles in Western Cape include proficiency in financial software such as QuickBooks, Xero, or SAP; strong analytical and problem-solving skills; excellent communication and interpersonal skills; attention to detail and organisational abilities; knowledge of tax laws and regulations; and experience with budgeting and forecasting tools. Typically, a degree in commerce, accounting, or a related field is also essential.
Industry sectors commonly employing finance and accounting professionals include the financial services sector, technology industry, manufacturing sector, and corporate organisations. These roles often involve providing financial guidance, managing budgets, preparing financial reports, and ensuring compliance with regulatory requirements.
For those looking to advance their careers in finance and accounting, career development opportunities abound. Typically, experienced professionals can move into senior management positions or pursue specialisations like forensic accounting, audit, or financial planning. Others may choose to transition into related fields like business consulting, investment banking, or entrepreneurial ventures. With continuous learning and professional development, finance and accounting professionals in Western Cape can enjoy a rewarding and challenging career with opportunities for growth and advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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