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Johannesburg: Technical Accountant

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Job Description

Key Responsibilities: Accounting: Ensure accurate financial reporting by collecting and processing accounts efficiently and in accordance with treaty terms and conditions. Apply current legislation and guidelines (VAT, Sanctions, etc.), prepare cedent reconciliations, follow up on outstanding accounts, and reconcile performance-based commissions. Analyse treaty statistics and initiate commission adjustments where appropriate. Claims: Support capital management by processing and reconciling claims data, ensuring accuracy of reserves and related entries. Credit Control: Strengthen financial performance by ensuring timeous collection of receivables, communicating large payments to relevant stakeholders, and processing reconciled payments when due. Data Quality Management: Enhance financial data integrity by liaising with underwriters to correct treaty encoding discrepancies, including shares, VAT, brokerage, commission percentages, and responsible parties. Communication & Stakeholder Management: Partner with internal and external stakeholders including Finance, Actuarial, and Underwriting to provide updates, resolve queries, and ensure transparent financial communication. Job Experience and Skills Required: Education: Degree in Finance, Accounting, Business, or related qualification (essential) Experience: 24 years experience within a finance environment; exposure to insurance or reinsurance is highly advantageous Technical Skills: Proficient in accounting principles (debits, credits, assets, liabilities, income, and expenses) with strong reconciliation abilities Systems & Tools: Advanced Excel skills and familiarity with accounting or reporting systems Attributes: Diligent, detail-oriented, and capable of managing complex data within a fast-paced, global environment Apply now! For more exciting Finance
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Johannesburg: Technical Accountant

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Job Description

Key Responsibilities: Prepare, review, and analyse financial statements in accordance with IFRS and relevant insurance accounting standards. Assist with technical accounting papers, policy documentation, and guidance for complex transactions. Conduct in-depth analysis of insurance contracts and reinsurance agreements to ensure compliance with applicable accounting frameworks. Collaborate with auditors, actuaries, and other stakeholders during audits and financial reporting cycles. Support the implementation of accounting systems, processes, and controls for improved reporting accuracy. Stay up to date with evolving accounting standards, regulatory changes, and industry best practices. Qualifications & Experience: Bachelors degree in Accounting Strong technical accounting knowledge Excellent analytical, problem-solving, and communication skills. Ability to work in a fast-paced, high-compliance environment.



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Johannesburg: Technical Accountant

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Job Description

We are seeking an experienced and analytical Technical Accountant to manage and support key financial reporting functions within our reinsurance operations. You will ensure compliance with international accounting standards, interpret complex reinsurance contracts, and assist with the implementation of evolving regulatory frameworks like IFRS 17 . Key Responsibilities: Ensure full compliance with IFRS 17, SAM, and other relevant accounting standards. Interpret reinsurance contracts and assess accounting implications. Prepare and review technical accounting memos and position papers. Collaborate with Actuaries, finance, and underwriting teams on financial impact assessments. Assist with external audits and regulatory reporting. Support financial systems upgrades or ERP implementations aligned with technical accounting needs. Analyze and explain variances in technical reserves and underwriting results. Job Experience & Skills Required: BCom Accounting (Honours) or equivalent. Minimum 35 years of post-articles experience in technical accounting, preferably within insurance or reinsurance. Strong knowledge of IFRS (especially IFRS 17), SAM, and other regulatory frameworks. Advanced Excel and experience with financial reporting tools (e.g., SAP, Oracle, or similar). Apply Now!



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