ACCOUNTANT II (WITH CA) at Santam Insurance

A career opportunity for a Reinsurance Controller has become available in the Corporate Services Finance team, based in Santam Head Office, Bellville, Cape Town.
The purpose of this role is to provide financial support to the Reinsurance Buying Department and be the source of financial information and the link between the various business partners and Santam.
The successful incumbent will also actively participate in fulfilling the daily functions and various reporting needs both internally & externally.

What will make you successful in this role?
Financial performance reporting

• Financial reports for the fronting, inter group/inter SBU transactions.
• Compiling of Financial Performance Reports for Stakeholders.
• FSB Reporting
• External audit reporting
• Review and approve technical accounts and payments to ensure the completeness of transactions to RI brokers/reinsurers.
• Assisting with the implementation of IFRS and Reinsurance Optimization Projects.
• Validation and control function of monthly reconciliations.
• Verify variances of underwriting results against budgets.
• Management of Reinsurance Contracts.

Qualifications

• And Experience
• Matric
• Relevant accounting degree or Reinsurance Qualification

Knowledge And Skills

• Minimum of 3-5 years experience in a similar role.
• Reinsurance knowledge - understanding of reinsurance terminology and interpretation of contracts.
• Financial management knowledge.
• Excellent verbal and written communication
• MS Office suite with advanced Excel skills
• Credit control and reconciliation
• Processing of financial transactions up to balance sheet

Personal Attributes

• Communicates effectively - Contributing through others
• Decision quality - Contributing through others
• Manages complexity - Contributing through others
• Plans and aligns - Contributing through others