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  • Posted: Dec 2, 2021
    Deadline: Not specified
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    At Liberty we believe that when knowledge rolls up its sleeves, people’s realities change. And that’s what we do; we change realities every day. Since 1957 we’ve grown from being a South African life insurer to a Pan-African financial services company, offering asset management, investment, insurance and health products. Our thirst for kn...
    Read more about this company

     

    Snr Specialist: Financial Accountant

    Purpose

    To provide specialist advice and to perform financial analysis and provide financial accounting services.

    Minimum Experience

    3 - 5 years experience in a similar environment, of which 1 -2 years at a junior specialist level

    Outputs

    This role is critical to LAI to collate, analyse and critique all information being sourced from RoA teams in meeting Liberty group reporting requirementsand is responsible for:

    • Exco reporting

    • Financial Reporting and IFRS

    • Financial statement preparation

    • Financial management

    • Monthly management reporting and variance analysis to Exco

    • Shareholder accounting

    • Development and continuous improvement of Accounting processes and financial controls

    • Support in-country teams in developing a robust reconciliations process and assist in the pro-actively managing in-country suspense accounts

    • Input in the annual Budgeting process

    • IFRS 17 project work, which is critical as we reach implementation stage.

    • NWOW participation and value add to LAI overall.

    • Balance sheet recon reviews in-country, once the pandemic has settled.

    Minimum Qualifications

    Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Finance Economics and Accounting

    Process

    • Understand and apply existing best practice frameworks to assist in the implementation of identified subject matter processes and standards.

    • Analyse operational records, trends and costs related to estimated and realised revenues to project future revenues and expenses.

    • Source, collate, analyse and interpret financial information in order to support the review of the financial performance of the business.

    • Contribute to and assist in the effective execution of internal and external audits, financial statement generation and regulatory submissions.

    • Ensure accurate reconciliation of financial transaction records to supporting documentation to enable verification of the validity of transactions.

    • Accountable for the improvement of quality, service and work outputs, continuously recommending improvements.

    • Plan for the organisation of work outputs and process improvement activities in light of a specific situational context related to the area of specialisation.

    • Proactively identify area of specialisation related problems, determine cause and effect and recommend the best option to implement corrective action based on previous experience.

    Customer

    • Provide sound consulting services and recommendations based on customer and client needs, current information and trends analyses.

    • Provide specialist expertise and advice to internal/external customers, that builds strong relationships and creates a favourable impression aligned to Treating the Customer Fairly (TCF) principles.

    Finance

    • Forecast financial risks and escalate as required.

    • Adhere to financial controls, governance and compliance policies and processes throughout an area of specialisation, contributing to cost efficiency.

    Learning and Growth

    • Contribute positively to human capability improvement, related to knowledge optimisation and associated with area of specialisation.

    Governance

    • Ensure that established accounting standards, procedures and processes are adhered to, in compliance with legislative regulations.

    • Comply to risk and governance policies, implement and provide subject matter input to the development of related processes, applicable to the area of specialisation.

    Technical Competencies

    • Financial Management (Intermediate)

    • Research and Information Gathering (Intermediate)

    • Financial Accounting (Proficient)

    • Efficiency improvement (Proficient)

    • Reporting and Interpretation (Intermediate)

    • Financial Acumen (Intermediate)

    • Customer Advice (Technical) (Intermediate)

    Behavioural Competencies

    • Professional/Technical learning (Intermediate)

    • People Management and Empowerment (Intermediate)

    • Interpersonal Effectiveness (Intermediate)

    • Problem Solving and Analysis (Intermediate)

    • Teamwork and Cooperation (Intermediate)

    • Communicating with Impact (Intermediate)

    • Relationship Management and Networking (Intermediate)

    • Customer Orientation (Intermediate)

    Liberty Group Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998 and the group's Transformation Strategy, preference will be given to suitable candidates from designated groups whose appointments will contribute towards the achievement of equitable demographic representation of our workforce profile and add to the diversity of the organisation.

    Method of Application

    Interested and qualified? Go to Liberty Group South Africa on careers.liberty.co.za to apply

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