Sanlam Group
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CAREER OPPORTUNITY
Santam is looking for an experienced Accountant – Crop Insurance who will serve in the Finance Department. The position will be based in Bloemfontein offices.
JOB DESCRIPTION
- Processing payments and financial journals
- Performing reconciliations
- Verification of month end financial numbers.
- Maintaining and reporting on Agri’s financial activities
- Ensuring implementation of financial controls
- Preparing preliminary financial results for Agri
- Performing month-end, interim and year-end financial procedures
- Performing ad hoc analysis on financial results as requested by Agri’s management.
- Providing feedback on Santam HO Financial department queries
- Maintaining general ledger accounts
- Supporting internal and external stakeholders
- Finance Administrative duties.
- Handling and follow-up on financial enquiries
QUALIFICATIONS AND EXPERIENCE
- Accounting degree
- ± 3 years’ experience in Finance or Auditing.
- Accounting and insurance background a preference.
DUTIES AND RESPONSIBILITIES
- Performing month end procedures to ensure accurate and complete reporting.
- Verification and recalculation of gross UPP and DAC.
- Budgeting and forecasting process.
- SASRIA recalculation and reporting.
- Calculating cancellation reserve monthly with explanatory notes for deviations
- Reconciliation of Guidewire month end figures to all income statement line items.
- Verification and distribution of the income statement to relevant internal stakeholders.
- Compilation of the interim financial results for Specialist Business Finance monthly.
- Accurate compilation of the regulatory (FSB) reports, monthly and quarterly.
- Accurate compilation business internal reports to senior management and EXCO.
- Providing actuaries with historical information for calculating UPP/DAC factors for the new season.
- Responsible for handling all Foreign Payments.
- Consolidating/submission of audit requests on the audit system.
- Accurate processing of correcting journals.
- Financial management on the overall business expenses.
- Management of reinsurance data and handling of reinsurance accounts.
- Management and application of the agreed upon treaty cover notes for the season.
- Ensuring that there is overall reinsurance management.
- Addressing reinsurance related queries.
- Financial administration on Rest of Africa business.
- Handling of foreign exchange rate transactions.
KNOWLEDGE AND SKILLS
- Computer literacy (MS Excel, Word, Outlook).
- Excellent verbal and written communication skills.
- Logical thinker and strong problem-solving abilities
- Knowledge of accounting reporting standards
- Basic knowledge of Companies Act and tax legislation.
- Knowledge of financial systems i.e. JDE, budgeting system.
- Implement controls and exercise internal control over all financial functions.
- Monthly reconciliations and reporting.
- Strong relationships Building
- Adaptable to new systems
- Accountability and responsibility
- Ability to deal with enquiries swiftly and correctly.
COMPETENCIES
- Professional behaviour
- Commitment to quality
- Teamwork
- Resilience
- Immaculate interpersonal skills
- Ability to perform tasks under pressure.
- Attention to detail / accuracy.
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