IFRS17 Accountant - Johannesburg at Hollard Insurance

Job Advert Summary    

• Reporting directly to Head of Projects, this role isresponsible for Hollard’s implementation of IFRS17, providing technical support to finance teams in the group as well as the reporting team and managing the IFRS17 aspects of the audit.

Required Knowledge and Experience    
Key Responsibilities: 
Group implementation of IFRS 17

• Provide technical accounting support to business units and drive implementation of technical standards (IFRS17)
• Lead some of the Finance IFRS17 workstream meetings and drive participation and manage deadlines.
• Develop  & implement IFRS17 finance reports including management accounts, partner reports as well as facilitate the design of BU specific reports
• Facilitate the audit process by liaising with auditors and providing relevant audit support in relation to Projects.
• Adjustments to mapping of the chart of accounts as well as the validation of the journal postings produced by the calculation engine.
• Enable BU’s to identify new controls, reconciliations and other validations that need to be embedded into new IFRS 17 systems and processes (IFC).
• Support BU’s with the implementation process.
• Assistance with ad-hoc projects as and when needed.

Annual Financial Statements to comply with IFRS 17

• Assist in the customising of the Group annual financial statements including the disclosure notes to comply with IFRS17.
• Mapping of the General ledger to HFM.
• Annual review of Group annual financial statements to ensure compliance with IFRS 17.
• Ensure adequate controls and processes are in place to confirm that consolidation eliminations are complete and accurate.
• Manage the External audit relationship on IFRS17 matters, coordinate the consolidation audit process as well as deliverables to Audit & Risk Committee.
• Assistance with ad-hoc projects as and when needed.

Experience: 

• A minimum of 3 years post articles experience
• IFRS 17 experience
• Insurance industry experience

Knowledge & Skills: 

• Good knowledge of different account systems – knowledge of Great Plains, HFM and Power BI would be an advantage.
• Ability to manipulate large amounts of data from different data sources.
• In-depth knowledge of financial accounting and related processes.
• IFRS
• Strong interpersonal skills with the ability to build effective working relationships and influence change.
• Leadership skills and the ability to work independently.
• Excellent interpersonal communication skills.
• Highly numerate, with excellent analytical and problem-solving skills.
• Ability to work under pressure and tight deadlines.
• Good planning and organising skills.