This role reports to the Operational Accounts Manager. The Management Accountant (PPS Mutual) will be focused on gathering and analysing financial information. Duties include management reporting (including day-to-day reviewing); month-end reconciliations and processing
Duties & Responsibilities
Management reporting:
Preparing monthly management accounts
Assisting with year-end requirements and audit queries
Gathering and analysing financial information for internal use
Evaluating the company’s performance using key data
Making forecasts to assist business planning and decision-making
Conducting risk assessment and advising on ways to minimise risk
Advising on problems and suggesting improvements
Month-end reconciliations:
Reviewing and approving daily uploads and cash management reconciliations
Preparing month-end journals
Preparing general ledger reconciliations
Assuming responsibility for accounting procedures
Processing:
Reviewing and authorising daily collection files and claims/fee payments
Preparing bi-weekly commission reports for payment
Preparing and managing weekly super annualised rollover file
Preparing monthly fee calculations and invoices
Responding to queries and investigations
Adhering to process control and service levels agreements
Additional Duties:
Supervising junior team members
Liaison function with internal and external stakeholders
Performing other duties assigned from time to time by the manager
Desired Experience & Qualification
Education:
Matric
Bachelor's degree in Finance or Accounting is required
B. Com Honours is preferred
Experience:
3 years’ proven experience as management accountant or accounting supervisor or similar role
4-5 years’ experience within a Financial Services environment, preferably in the Insurance Industry
Strong reconciliation experience is required
Knowledge and Skills:
General knowledge of insurance legislation/rules advantageous
Exposure in dealing with members, brokers and advisors advantageous
Solid knowledge of basic and advanced accounting and financial principles and practices
Excellent knowledge of cost accounting and reporting
Excellent knowledge or risk analysis, budgeting and forecasting
Working knowledge of financial software and MS Office
Excellent communication and presentation skills
Computer Literacy:
Experience in the use of Microsoft Office applications (Word and Excel, etc)
Proficient in MS Office - Advanced Excel
Competencies:
Analytical mind with aptitude for mathematics
Analytical and be able to take initiative and make prudent business decisions
Flexible and adaptable in changing and challenging circumstances
Fast learner with the ability to rapidly assimilate and utilise new information and skills
High level of accuracy and be able to operate efficiently under pressure
Must be self-motivated
Time management skills
A team player who takes responsibility for their own development
Preference will be given to Employment Equity candidates
