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.