Financial Analyst | SA Home Loans
Job title

Financial Analyst

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KwaZulu-Natal

|   Posted 3 weeks ago

Reference Number: 202204007

Job details

Job Category: SAHL Insurance

Key Purpose:
Assist Financial Manager in managing all financial accounting processes for SAHL Life and SAHL Insurance to ensure budgets are met and to optimize the business financial performance.

  • General Ledger Administration
  • IFRS17 - Assist with preparing and implementing the IFRS17 requirements from a finance perspective
  • Review commission calculation and sign off
  • Review all recons pertaining to Life and Insurance Companies
  • Assist with preparation of monthly/quarterly returns e.g., NCR, SARB Research, Liquidity and SARB Asset Allocation Returns
  • Assist with preparation and analysis of monthly management accounts
  • Assist with coordinating external audits 
  • Assist with auditor queries
  • Assist with preparation of AFS 
  • Bi-annual SASRIA Audit
  • Maintenance of Reinsurance Accounts
  • Ensure the quarterly schedules are correctly prepared and balances to the general ledger
  • Liaise with the transformation team for requirements/queries 
  • Assist in managing cash flow and budgeting processes
  • Complete Vat returns
  • Work closely with senior management team.
  • Assist with completion of annual tax returns
  • Capturing Insurance Claim payments when required
  • Ad-hoc items/projects as and these arise


Minimum Requirements:

Education
•    Qualified CA

Experience
•    3 years accounting experience in an Insurance/Financial environment. Must be familiar with: 
•    Long Term & Short-Term Insurance Act, Companies Act, VAT Act, Income Tax Act, Financial Advisory and Intermediary Services Act, Financial Intelligence Centre Act and be familiar with the IFRS 17 standards.

Preferred
•    At least 3 years additional long term and short-term insurance experience within the finance department.

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