THE FEDERATED EMPLOYERS MUTUAL ASSURANCE COMPANY (RF) PROPRIETARY LIMITED was established as a mutual insurer in 1936 and on the introduction of the Workmen's Compensation Act 1941 was granted a licence to continue to transact workmen's compensation insurance for the building industry.
Its business operations are essentially confined to the insurance of e...
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FEM is looking to appoint a Financial Accountant at its Head Office within the Finance Department based in Rosebank. The successful candidate will manage and execute the full spectrum of financial accounting responsibilities, with a specific focus on reinsurance functions. This includes ensuring the accuracy, integrity, and timeliness of financial records and reports, maintaining compliance with statutory and regulatory requirements, and supporting internal and external audits.
The role requires proactive cash flow management, preparation of management accounts, and collaboration with internal stakeholders and external partners (such as auditors and attorneys) to ensure sound financial governance and optimal financial performance. The Financial Accountant plays a key role in safeguarding the organization’s financial health through diligent reconciliation, reporting, and adherence to financial policies and procedures.
Minimum Requirements:
Grade 12
Diploma in Financial Accounting or B. Com (or equivalent)
At least 2 years’ experience in financial accounting and general financial administration
Proficiency in Microsoft Office
Experience using Sage X3, Profem & Profet
Knowledge of relevant sections of the COID Act and the company’s reinsurance programme
Understanding of the finance department’s operations and financial policies
Ideal Experience:
B. Com Honours
Financial accounting within an insurance environment
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