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  • Posted: May 21, 2021
    Deadline: Not specified
  • RGA Reinsurance Company is a subsidiary of Reinsurance Group of America, Incorporated (NYSE: RGA), which is an international global life and health reinsurance company with approximately $3.1 trillion of life reinsurance in force and assets of $53.1 billion, as of December 31, 2016. Business lines include individual life reinsurance, individual living benefi...
    Read more about this company


    Assistant Accountant

    Position Overview

    • To assist and support the Head of Finance to ensure:
      • SA and US GAAP reporting compliance
      • regulatory compliance of SA companies
      • effective management of the financial operations of RGA SA
      • effective management of the compliance duties for RGA SA
      • effective management of the risk management duties for RGA SA supporting the Risk Actuary in this regard


    • Accounting/Financial Management/Financial Reporting
      • Ensuring cash management policies are followed
      • Preparation of management information as required.
      • Maintenance of appropriate accounting systems (general ledger & subsidiary ledgers)
      • Provide Aid as needed on audits both internal and external
      • Assist with the tax computations (Income Tax) by preparing specific schedules that accompany the return
      • Preparation and submission of VAT returns and ensuring SARS tax compliance
      • Preparation of Annual Financial Statements in accordance with IFRS
    • Daily cash management
      • Completing weekly and monthly bank recons and monitoring bank balances of all accounts.
      • Arranging transfers between the operating bank account and the call account.
      • Maintaining of banking mandates and ensuring that Standard Bank & HSBC is informed of any changes.
      • Maintaining of credit cards accounting and feeds to Peoplesoft, ensuring that all slips are attached, and that each manager has approved the relevant expenses.
    • Maintenance of Fixed asset records
      • Capturing all fixed asset purchases and updating supporting schedules, ensuring they balance.
      • Identification of all fixed assets and ensuring the list corresponds to what we physically have in our possession.
      • Maintenance of Insurance for all Fixed Assets on a quarterly basis.
    • Expenses
      • Monitoring and Processing expense payments
      • Checking that appropriate authorisation has been provided for expenses prior to payment
      • Capturing all expenses into Peoplesoft
      • Preparing and capturing expense accruals on a monthly basis.
      • Assist with preparing annual expenses Budget for SA
      • Preparing monthly expense vs. budget analysis for SA


    • B.Com majoring in Financial Accounting or equivalent
    • Completion of SAICA articles would be beneficial
    • 5-10 years’ relevant experience working in a Finance department
    • Good accounting experience (including preparation of financial statements) using IFRS accounting principles - Knowledge of US GAAP would be advantageous
    • Reinsurance experience a bonus
    • Computer literacy (MS Office with intermediate to advanced Microsoft Excel skills. and MS Access skills a bonus)
    • Up to date knowledge of IFRS accounting practices
    • Up to date knowledge of SA VAT legislation
    • Good time management skills
    • Professional communication skills (report writing, presentations, minute taking)
    • Effective stress management skills
    • Ability to deal with colleagues in other offices as part of a global organisation.

    Method of Application

    Interested and qualified? Go to Reinsurance Group of America on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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