Financial Reporting Accountant at Sanlam Group

Job Purpose
The purpose of the role is to assist the Financial Manager with the accounting operations of the company, which include the preparation and presentation of financial reports and year-end financial statements.

Key Responsibilities     

• Assist with the month-end process (including month-end journals) and produce monthly management accounts, provide analysis to management

• Preparation of balance sheet reconciliations

• Preparation of the calculation and recording of complex transactions such as premium income and commission

• Posting and allocation of banking transactions to the cashbooks on a monthly basis

• Timeously and accurately prepares and reports on the company’s financial performance against budget and forecast on a monthly basis.

• Review and authorising of manual claims and other expense payments.

• Monthly reporting using HFM and reconciling HFM reports to the management accounts on a monthly basis. This includes preparation of report packs

• Assist with the solving of queries from group finance and reporting

• Assist with the year-end annual financial statements in accordance with IFRS, company policies and procedures.

• Preparation of regulatory returns

• Assist on ad hoc projects within Finance and Business to ensure the success of the business

• Adherence and maintenance of internal controls for the processing function

• Liaise with External and Internal Auditors

What will make you successful in this role?

Formal Qualifications  

• BCom in Accounting or another Finance-related major

• SAICA/SAIPA articles highly advantageous

Knowledge and Experience

• Three years’ experience in a reporting role in the insurance industry

• Computer literacy – MS Office – Excel and Word

• Exposure to financial accounting systems e.g. Sage 300 and HFM will be advantageous

• Accounting principles and policies 

• Regulatory legislation 

• Basic knowledge of insurance industry 

• Well-developed verbal and written communication skills

Essential Behavioral Competencies

• Analysing

• Relating and networking

• Coping with pressures and setbacks 

• Teamwork

• Confidence and decisiveness

• Pro-activity

• Planning and organising 

• Quality and detail orientation 

Desirable Behavioral Competencies

• Adapting and responding to change

• Interpersonal sensitivity

• Adhering to principles and values

• Persuading and influencing 

• Achieving personal work goals and objectives

Personal Attributes

• Manages conflict - Contributing independently
• Demonstrates self-awareness - Contributing independently
• Optimises work processes - Contributing independently
• Action orientated - Contributing independently

Core Competencies

• Cultivates innovation - Contributing independently
• Customer focus - Contributing independently
• Drives results - Contributing independently
• Collaborates - Contributing independently

Being resilient - Contributing independently