Current Opportunities at PPS

Job Advert Summary    
Scope

• Reporting to the Manager: Group Finance, the incumbent is responsible for the capturing (General Ledger), reporting, reconciling and commentary of numbers originating from the Insurance System (‘IAA’). Specific focus is on Premiums, Claims, Reinsurance and Commissions.

Minimum Requirements    
Qualifications

• Newly qualified CA(SA)
• 0 – 2 years’ post articles experience

Knowledge & Experience

• Knowledge of the insurance industry an advantage
• Good accounting knowledge and proven track record
• Exposure to IFRS 17 an advantage

Duties and Responsibilities    
Key Responsibilities

Processing

• Analyse the monthly IAA trial balance for unusual movements, query and follow through with Operational finance. Importing the IAA Trial balance into the General Ledger system
• Processing additional monthly standard journals received from Operational Accounts department as well as other Group finance journals, as required.
• Managing deliverables including analysis of key reports from Operational Accounts Department
• Implementation of new accounts and financial processes for new products and changes in operations

Reconciling

• Reconciling all IAA trial balance accounts to the general ledger
• Reconciling Premiums, Claims, Reinsurance and Commissions schedules to the trial balance

Financial Reporting

• Provide management and PPS Board with accurate information and value-added commentary for month end and year end reporting.
• Investigate and explain variances to budget on all key numbers.
• Performance of the monthly profit allocation calculation

Budgeting

• Preparing all IAA related Income and Expense budgets
• Preparing budget presentations for Exco and Board budget meetings with value added commentary on all variances.

Statutory reporting

• Assist and prepare financial information for the annual financial statements.
• Attending to Audit queries
• Preparation of the year-end profit allocation calculation

Business related issues

• Respond to queries from business timeously.