Insurance and Reporting Junior Accountant: Group Finance (Fixed-Term Contract) at PPS

Qulaification: 

• Bachelors Degree in Accounting.

Knowledge and Experience:

• 0 – 2 years’ work experience in accounting.
• Previous experience in an insurance company would be an advantage.
• Good accounting knowledge and proven track record.
• Exposure to IFRS 17 an advantage.
• Desire and willingness to learn at a fast pace is very important.
• Knowledge of the insurance industry an advantage.

Duties and Responsibilities

Processing

• Analyse the monthly IAA trial balance for unusual movements, query and follow through with Operational finance. Importing the IAA Trial balance into the
• General Ledger system
• Processing additional monthly standard journals received from Operational Accounts department as well as other Group finance journals, as required.
• Managing deliverables including analysis of key reports from Operational Accounts Department
• Implementation of new accounts and financial processes for new products and changes in operations Reconciling
• Reconciling all IAA trial balance accounts to the general ledger
• Reconciling Premiums, Claims, Reinsurance and Commissions schedules to the trial balance

Financial Reporting:

• Provide management and PPS Board with accurate information and value-added commentary for month end and year end reporting.
• Investigate and explain variances to budget on all key numbers.
• Performance of the monthly and annual profit allocation calculation

Budgeting:

• Preparing IAA related Income and Expense budgets
• Preparing budget presentations for Exco and Board budget meetings with value added commentary on all variances.

Statutory reporting:

• Assist and prepare financial information for the annual financial statements.
• Attending to audit queries.
• Preparation of the year-end profit allocation calculation.

Business related issues:

• Respond to queries from business timeously.