Accountant – Agri /Bloemfontein

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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