Finance Manager

Responsibilities: Oversight of the IFRS 17 process from a finance standpoint, demonstrating dedication and attention to detail. Aligning SAGE accounting figures with the underlying policy data through reconciliation efforts. Collaborating closely with the finance developer to condense extensive policy data for analysis. Preparation of accounting policy position papers, focusing on the disclosure of insurance finance income and expense. Conducting quantitative analyses to evaluate the financial impacts of different accounting policy options. Ensuring compliance with IFRS 17 standards in the analysis and application of accounting policies. Development and delivery of IFRS 17 Expenses Training for Non-Executive Directors. Management of the IFRS 17 Premium Allocation Approach (PAA), including file setup in Risk Integrity software and subsequent accuracy checks. Assessment of the accuracy and completeness of IFRS 17 results, including comparisons with IFRS 4 outcomes. Evaluation of the Loss Inclusion Component (LIC) and Risk Component (LRC) within the IFRS 17 framework. Requirements: A certified Chartered Accountant (CA) with a minimum of 5 years of post-qualification experience is a prerequisite. Thorough experience in IFRS reporting is indispensable. Proficiency in Reporting and Consolidations at a group level is mandatory. Previous engagement with Executive Committee (EXCO) members and senior stakeholders is strongly preferred. Past involvement in either insurance or financial settings is beneficial. For more Finance jobs, please visit www.networkrecruitment.co.za If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles/positions. For more information contact: Brittney Gie Recruitment Consultant bgienetworkfinance.co.za