Financial Reporting Specialist

Description

We are looking for a fast-paced, dynamic financial professional who challenges the status-quo to innovate and improve. An engaging team-player, keen to contribute wherever needed and results-driven. 

Your energetic, ambitious nature and desire to play an integral role in a lean, high-impact environment; combined with a keen interest in rigorous Financial Reporting may allow you a career-path within a dynamic, fast-paced Life Insurance business.

The following key components are critical to this role:

• Sound, comprehensive reporting skills and acumen.
• Excellent analytical aptitude relating to overall Financial Metrics.
• Outstanding mathematical skills and capacity to comprehend relevant fiscal aspects within the Financial Services sector.
• Ability to provide pertinent and valuable Management Information contribution.

Role objectives

The individual will effectively manage the following core functions: 

IFRS Reporting:

• Prepare IFRS reporting to Group and local Board / EXCO. 
• Prepare IFRS compliant Annual Financial Statements (“AFS”). 
• Prepare monthly Management Pack / EXCO report with analysis of Actual / Budget and Forecast. 
• Prepare consolidated and foreign currency translated results to Group
• Key contact for external/internal auditors 

Regulatory Reporting and Tax:

• Prepare the Finance submission of the Regulatory submissions on a quarterly and annual basis. Liaise with Head of Actuarial Function and valuations teams on regulatory reporting matters.
• Prepare tax calculations for the AFS and ensure completion of tax returns to SARS together with the tax advisor.

Payroll:

• Review of Payroll prepared by service provider
• Reporting and tracking of staff costs against budget 
• BBBEE reporting and insights

Supervisory Responsibilities:

• Review final General Ledger and all supporting reconciliations and journal entries performed by the finance Operations function lead by the financial accountant. 
• Review reconciliation and journal entries generated by the various sub-ledgers including the Fixed Asset Register, the Investment Registers and the Policyholder Registers. 
• Review all cost allocations to ensure alignment with the cost allocation framework. 

Requisite skills & competencies

• IFRS reporting skills and review of key Financial Metrics.
• Sound problem-analysis capabilities and solutions-driven. 
• Well organised and deadline-driven, thrives in an environment of high pressure and critical decision-making.
• Proactive with demonstrated initiative.
• Exceptional attention to detail.
• Sound communication and interpersonal abilities.
• Highly proficient with Excel

Qualifications and experience

• Chartered Accountant (South Africa) designation or equivalent qualification
• Financial Services experience 
• Insurance experience highly advantageous

Applications close on 31 May 2024. Please send a copy of your CV that clearly demonstrates how your knowledge, skills and experience meet the requirements of this job specification to careers@justsa.co.za