Senior Financial Accountant at Rand Mutual - RMA

About the Job

The Job at a glance

• As a Senior Financial Accountant, you will be reporting into the Group Management Accountant, you will be responsible for providing support to RMA Life by ensuring that Management Reports, trial balance and source documentation are adequate, timeous, effective and complete. You will also be responsible for ensuring that all accounting records and financial reports are accurate while coaching and guiding intermediate and junior Financial Accountants.

 What you will do?

Management Accounts and Tax Compliance:

• Prepare management accounts by:
  • Preparing monthly General Ledger Reconciliations
  • Processing general & standard journals
  • Following up and clear discrepancies on recons
  • Reviewing management accounts of intermediate and junior financial accountants
• Responsible for the timeous and accurate submission of monthly management accounts (including but not limited to income statements, trail balances and balance sheets)
• Assist in related month end and year end processes
• Conduct Vat and Tax recons and any arising matters
• Prepare the annual financial statements

Governance and Controls:

• Perform all work in terms of required standard and regulation
• Ensure that all company policies and procedures are adhered to
• Ensure timely submission of all reports

Reporting and Audit Support:

• Meet financial reporting obligations and deadlines
• Assist with internal and external audit by providing auditors with necessary information as required

Stakeholder Relationship Management:

• Liaise with senior internal RMA Life stakeholders on all management account related issues.

Coaching and Mentoring:

• Guide and support intermediate and junior financial accountants on day-to-day management accounts.
• Review the work of intermediate and junior financial accountants
• Ensure that Intermediate and junior financial accountants comply with standards and procedures.

What you'll bring to the table?

• NQF level 7: Finance Degree completed
• Articles advantageous
• Minimum 4 – 6 years’ experience as an Accountant in an Insurance/Financial Services Sector (preferred)
• 1 – 2 years operating in a Senior Accountant role
• 2 years of life insurance experience
• Good knowledge of accounting principles in business and application thereof IRFS, Income Tax Act and VAT Act
• Knowledgeable in Fixed Assets
• Computer literate including working knowledge of excel and related formulas
• Understanding of and ability to prepare reconciliations, resolving of problems and identifying errors
• Accounting Software knowledge and experience
• Ability to engage at senior management level
• Ability to work in a complex and dynamic environment

What will you get in return?

• We offer great opportunities for personal and professional development in a stable company that’s 128 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.

Turnaround time

• The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. Kindly note that should you not receive a response within 21 days please consider your application unsuccessful.

Our Commitment to transformation:

In accordance with the employment equity plan of Rand Mutual Assurance and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups.

• NQF level 7: Finance Degree completed
• Articles advantageous
• Minimum 4 – 6 years’ experience as an Accountant in an Insurance/Financial Services Sector (preferred)
• 1 – 2 years operating in a Senior Accountant role
• 2 years of life insurance experience
• Good knowledge of accounting principles in business and application thereof IRFS, Income Tax Act and VAT Act
• Knowledgeable in Fixed Assets
• Computer literate including working knowledge of excel and related formulas
• Understanding of and ability to prepare reconciliations, resolving of problems and identifying errors
• Accounting Software knowledge and experience
• Ability to engage at senior management level
• Ability to work in a complex and dynamic environment