Job Description
The successful candidate will partner with the Financial Manager to execute key accounting functions within the Finance team. This role provides an opportunity to grow your career, contribute to accurate financial reporting, and support operational excellence in a dynamic and collaborative setting.
Apply now to take the next step in your accounting career with this exciting opportunity in Johannesburg!
Send your CV to:*****@*****.co.za
Duties:
Key Responsibilities:
The Senior Accountant (CA(SA)) will focus on IFRS 17 accounting and play a key role in ensuring accurate financial reporting and compliance. Key responsibilities include:
- Post journals, perform reconciliations, and review financial results to ensure accuracy and compliance with IFRS 17.
- Maintain precise financial records and process transactions in line with IFRS 17 standards.
- Prepare and present financial reports and disclosures, clearly communicating impacts to management and stakeholders.
- Analyse financial data to support business decisions and ensure alignment with underlying records.
- Collaborate with actuaries, IT, underwriters, and auditors to ensure compliance and accurate reporting.
- Calculate and maintain reserves for life insurance policies and respond to audit queries.
- Identify opportunities for process improvement and provide guidance on IFRS 17 matters to internal teams.
- Support the Financial Manager in managing accounting operations and ensuring overall financial integrity.
Job Experience & Skills Required:
Qualifications:
- Matric (Grade 12)
- Bachelor’s degree in accounting, Finance, or related field
- Honours degree (preferred)
- Chartered Accountant designation (CA(SA)) with 3–5 years post-articles experience
- Knowledge of IFRS 17
Experience:
- Current or previous experience in the life insurance industry, specifically with IFRS 17 requirements, is essential
- Proven track record in month-end processes and preparation of annual financial statements
- Experience in the insurance industry will be preferred
- Exposure to or experience in company tax calculations, particularly within the life insurance context, is advantageous
Skills & Competencies:
- Thorough understanding of IFRS 17 principles and their application to life insurance financial reporting
- Proficiency in financial software, especially systems that support IFRS 17 calculations and reporting
- Strong analytical skills with the ability to interpret complex financial data under IFRS 17
- Excellent attention to detail and accuracy, particularly in reconciling data to IFRS 17 standards
- Effective communication skills to explain IFRS 17 concepts and implications to stakeholders
- Experience collaborating with multidisciplinary teams on complex financial projects
- Ability to adapt to changing regulations and standards within the insurance industry
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
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