Fresh Jobs at Guardrisk

Role Purpose    

• Accurately control and process financial information and prepare financial reports and analysis to enable business processes in respect of client accounting.
• Manage a team of accountants and be able to review, guide and assist where necessary.

Requirements    
Qualifications

• Diploma in Financial Management or Accounting
• Degree in Financial Management or Accounting
• Completed Articles / Traineeship
• Chartered Accountant (advantageous)

Experience

• 7 – 9 years’ experience in accounting
• 3-5 management experience
• At least 3 years Insurance experience

Duties & Responsibilities    
Coordinate and control financial management process (Internal Process)

• Management of the accounting function for Guardrisk Insurance cell captive & contingency policy clients (by portfolio of clients allocated).
• Management of two subsidiary companies legal entity financial accounts.
• Accurately, efficiently and timely capturing and reporting of transactions of their portfolio of client.
• Review and /or prepare payments documents and obtain the necessary source documentation and authorisation to effect payments timely and with the determined service level agreement levels.
• Review and approve the general ledger journal allocations based on levels of authority and policy.
• Review all documentation to ensure that the correct level of authority has authorised the document and raise any exceptions with the relevant stakeholder.
• Prepare and review financial transactions and reporting of each client within their portfolio of clients.
• Compile and prepare monthly and year end reconciliations of their portfolio of clients.
• Identify and report respective accounting or reporting issues.
• Investigate and resolve any outstanding queries in relation to accounting issues.
• Portfolio support and management/servicing by working closely with the portfolio manager and other colleagues.
• Identify and resolve problem sources or escalate to relevant level of authority.
• Special Projects assigned with the group.
• Meeting company and client accounting, payment and reporting deadlines.
• Contribute to the enhancement of systems and processes issues in order to enhance financial management.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Identify and reconcile discrepancies and problems.
• Build and maintain relationships with clients as well as internal and external stakeholders.
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation.
• Prepare and provide necessary documentation to complete timely audit both  for client and Guardrisk.
• Contribute to the audit process and resolve any audit queries within the deadlines set.
• Manage a team of accountants and provide assistance, support and transfer of skills and training.
• Perform the review functions of the cells and provided feedback where required.
• Prepare monthly financial packs to MMH Group.

Engage with clients in a client centric manner (Client Services)

• Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with internal and external stakeholders and clients.
• Make recommendations to improvement client service within area of responsibility.
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service.

Self-management and teamwork (People)

• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

Manage budget and implement sound financial controls (Finance)

• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.
• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities.
• Implement and provide feedback on the effectiveness of financial policy, practice and procedures preventing illegal, unethical or improper conduct.
• Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings.

go to method of application »

Role Purpose    

• The work will consist of providing high quality, service driven and client focused reporting for Guardrisk Life Ltd, a licenced life insurer, part of the Guardrisk Group with ultimate holding company Momentum Group Ltd. Reporting responsibilities include preparation of all SAM returns, IFRS financial statements, group reporting packs, tax returns (including calculation of taxes payable), completion of all SARS related reporting and add hoc requests.  In addition, the role will also be responsible to perform the accounting function for a portfolio of clients.

Requirements    
Qualifications

• Bcom Accounting
• CA(SA)
• 3-5 years post article experience

Experience

• 2 years post article experience in the life insurance industry.
• Audit experience in life insurance industry.
• General understanding of industry, statutory guidelines and insurance law.
• Experience with calculation of five fund tax applicable to life insurance companies.
• Cell captive experience preferred.
• Experience preparing statutory reports, including SAM, SARB, NCR, SARS etc. (at least two years).
• Experience preparing IFRS 17 financial statements for life insurance companies.
• Good understanding of IFRS 17 principals preferred.

Duties & Responsibilities    
Outputs

• Prepare SAM quarterly and annual returns.
• Prepare annual financial statements on an IFRS basis.
• Calculate, prepare and submit all SARS related deliverables including income tax returns, PAYE returns, dividend and interest withholding tax submissions etc.
• Preparation and submission of group reporting packs.
• Support portfolio accountants with technical queries.
• Preparation and approval of payment instructions.
• Identify and report where necessary or resolve if possible respective accounting or reporting issues.
• Portfolio support and management/servicing by working closely with the portfolio managers and other colleagues (especially the actuarial function).
• Special Projects assigned within the group.
• Contribute to the enhancement of systems and processes in order to enhance financial management with Guardrisk and to contribute to creating reporting efficiencies in order to simplify processes and reduce reporting timelines.
• Profit reporting for Guardrisk Life.
• Take responsibility for management of the year-end external audit process, as well as periodic internal audit processes.
• Perform accounting function for a portfolio of clients, including making payments and completion of the client trial balance.
• Provide technical support to portfolio managers, portfolio accountants and external clients.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.
• Build and maintain relationships with clients and internal and external stakeholders.
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service within the organisation.
• Ability to work in a team but also work independently.

Engage with clients in a client centric manner (Client Services)

• Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with internal and external stakeholders and clients.
• Make recommendations to improvement client service within area of responsibility.
• Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service.

Self-management and teamwork (People)

• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

Manage budget and implement sound financial controls (Finance)

• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.
• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities.
• Implement and provide feedback on the effectiveness of financial policy, practice and procedures preventing illegal, unethical or improper conduct.
• Investigate reported wilful acts of non-compliance to organisation policy and practice and report on findings.