PURPOSE OF THIS ROLEThe purpose of this job is to assist Head financial accounting in the day-to-day processes of the unit. To assist and give support to the reporting of the company's finances. Assist in budget and forecasts preparation, as well as development of internal control policies and procedures.KEY ACCOUNTABILITIES, MEASURES & INTERFACESPrepare the audit file;Record, process and update investment data transaction for monthly reporting. Update company investment position through consolidating fund managers reports on monthly basis;Record, process and update insurance contract liabilities and assets;Review payment requisitions and release payments on the banking system;Review and approve supplier invoices;Review bank recons and cash flows;Prepare and/or file VAT201;Preparation of Journals;Liaison with internal and external auditors;Report variances from the budget;Assist in the production of the annual budget and forecasts;Assist in the preparation of the corporate annual financial statement;Co-develop the required best practice, systems and procedures to achieve business goals;Assist with adhoc assignments as requested by the Heads of Finance or CFO;Keep the Head fully informed at all times of any adverse or changed or unusual circumstances which may affect the corporation's financial position.Key InterfacesECIC Executives and Managers;Other business units particularly Investments, Actuarial, PEAR, Portfolio Management and Risk Management;Internal and External Auditors.QUALIFICATIONS & EXPERIENCETertiary Qualification in Accounting/ Auditing/ Finance is a requirement.At least 3-year post article experience in a finance unit in a supervisory role. Preference will be given to individuals from the financial and/or insurance industry.Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics or similar accounting system;SKILLS & ABILITIESThe incumbent should have demonstrated the following competencies:Adequate financial statement analysis skills;Ability to communicate verbally and in writing at all levels;Strong aptitude for problem resolution and decision making;Able to demonstrate a high degree of integrity;Problem solving skills to identify issues and present creative and practical solutions;Adequate analytical skills;Strict attention to detail and deadline oriented;Advanced Excel Skills.BEHAVIOURAL COMPETENCIESThe incumbent is required to have the following Behavioural competencies:Organizational Skills: Ability to manage multiple tasks, prioritize work, and meet deadlines.Problem Solving: Ability to identify problems and develop solutions to improve processes and resolve issues.Business Acumen: Develops and uses a strategy to target own time (and time of others) on a portfolio of customers to maximize revenue and profitability.Delivery: Translates business objectives into practical, prioritised and organised action plans; ensures plans are safely and successfully implemented.Conflict Resolution: Identifies and pushes for solutions in which all parties can benefit.Team Participation: Consistently offers relevant input to team discussions as issues are being clarified and solutions are being developed.Flexibility: Available to work more than ordinary business hours.APPLICATIONSClosing Date: Wednesday, 15th January 2025NOTE: It is ECIC's intention to promote equity through the filling of posts, according to the set Employment Equity targets.Data ProtectionPersonal information collected and processed for purposes of recruitment will be protected from unauthorised access and improper use or disclosure.Declaration and Informed ConsentBy submitting your application for the advertised role, you give ECIC permission to process your personal information and you acknowledge that you understand the purpose for which it is required and for which it will be used. Furthermore, you declare that all personal information supplied to the ECIC for the purposes of recruitment is accurate, up to date, not misleading and that it is complete in all respects.
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