Job title : Junior Financial Controller Job Location : Gauteng, Centurion Deadline : January 17, 2025 Quick Recommended Links Jobs by Location Job by industries The Junior Financial Accountant will be responsible for supporting the financial reporting, accounting operations, and compliance for the insurance company.
This role requires a thorough understanding of financial principles, regulatory requirements, and accounting practices specific to the insurance sector.
The individual will play a critical role in ensuring accurate financial statements, managing audits, and supporting strategic financial planning.
The ideal candidate will possess strong analytical skills, attention to detail, and a solid understanding of accounting principles.
Key Responsibilities: Financial Reporting: Assist in preparation of monthly and biannual financial results, together with the annual financial statements.
Ensure compliance with IFRS and other regulatory standards in executing their role.
Assist with preparation of variance analysis and explanations of deviations in financial performance.
Accounting Operations: Ensuring accurate and timely posting of transactions.
Oversee accounts payable, receivable, and intercompany transactions.
Maintain internal controls to safeguard company assets.
Ensure the completion of all month-end processes and reconciliations.
Assist in the preparation of VAT calculations and submission.
Regulatory Compliance: Ensure compliance with insurance regulations, tax laws, and financial reporting standards.
Liaise with external auditors during annual audits and manage audit requests.
Assist with preparation and filing regulatory reports as required by government agencies and managing queries from these agencies.
Team member: Foster a collaborative team environment, encouraging professional development.
Ensure collaboration and transparency in the relationship with Group Finance through proactive, professional and accurate reporting and communication.
Take end-to-end ownership for the accuracy of the trial balance and engage stakeholders where and when required on any areas of risk in executing your role.
Financial Analysis: Assist in conducting detailed financial analysis to support management's strategic initiatives.
Assist in identifying cost-saving opportunities and operational efficiencies.
Requirements: Location: Full-Time, In-Office Centurion (Gauteng) Bachelor's degree in accounting, Finance, or a related field; CA (SA) or equivalent qualifications preferred.
1-3 years of experience in financial accounting, preferably in the insurance industry.
Strong knowledge of IFRS (IFRS 17) and relevant regulatory requirements for insurance.
Proficiency in MS Excel.
Excellent analytical and critical thinking skills with diligence.
Effective communication and interpersonal skills to interact with stakeholders at all levels.
Attention to detail and ability to manage multiple tasks effectively Accounting / Financial Services jobs