General Ledger Controller at Santam Insurance

The purpose of the role is to ensure the integrity of the general ledger with the aim of enabling the provisioning of accurate and up-to-date financial reporting.

What will make you successful in this role?

INTERFACES & JOURNALS (Month-end)

Design, Implement And Enforce Control Procedures To Ensure That

• All data from policy systems is correctly imported into JDE
• All data from JDE is processed correctly
• All the relevant information from external sources are received and correctly processed into JDE
• All Fixed Asset transactions are correctly processed in JDE
• All Investment transactions are correctly processed in JDE

VALIDATION OF GENERAL LEDGER INFORMATION

• Review all allocated General Ledger reconciliations to ensure correctness. Verify that all reconciling items are cleared timeously
• Review and authorise General Ledger Journals
• Generate a final Trial Balance per company for use by the Reporting Department.

FIXED ASSETS

• Design, implement and enforce controls to ensure that all relevant fixed asset documentation is received and correctly processed in JDE
• The Fixed Asset Register must be a true reflection of all fixed assets in Santam
• Review and authorise all Fixed Asset reconciliations
• Preparing of Reporting Schedules
• Frequently review the effectiveness of the Fixed Assets system and implement improvements where needed.

INVESTMENTS

Design, implement and enforce controls to ensure that all relevant investment transaction data is received and correctly and timeously processed

• Review and authorise all Investment reconciliations
• Review all Investment Portfolio Reports for misallocations, transactions not processed and ensure correct treatment thereof in Santam’s records.

Qualification And Experience

• Matric.
• Relevant tertiary qualification e.g. B Com Accounting or equivalent.
• Minimum 5 years of working experience in a financial environment is required.

Knowledge And Skills

• JDE knowledge is advantageous or any other large general ledger system such as SAP or Oracle.
• Short-term insurance knowledge would be advantageous.
• Awareness of IFRS 17 would be advantageous.
• Analytical ability and logical reasoning.
• Strong client service orientation.
• Ability to work under pressure.
• Deadline driven.
• MS Office: Strong Excel skills, general Word, PowerPoint and Outlook skills.