Financial Accountant

Recruiter:

The Recruitment Council

Job Ref:

Date posted:

Friday, February 11, 2022

Location:

Johannesburg, South Africa

Salary:

Annual Salary

JOB SUMMARY:
Financial Accountant

JOB DESCRIPTION:

Are you an accountant with experience in Audit , Financial Services & Corporate Field ?

Apply today. This opportunity is for one of South Africa''s Largest Direct Insurers as a Financial Accountant

The core purpose of this role is to prepare, examine and analyse accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to
reporting and procedural standards.

Financial Management and control

Prepare monthly and annual financial statements for management and auditing
purposes. Ensure effective daily cash management of the company. Record
asset transactions in respect of additions, disposals and transfers on a daily
basis to ensure that transactions are allocated accurately in terms of amounts,
VAT, description and account.

Financial Accounting Skills

Use full understanding of accruals accounting and the impact of entries on profit
and loss account, the balance sheet and the cash flow statement. Compile
complete, accurate and timely accounting records on a monthly basis. Prepare
month end file with reconciliations and documentation to support the trial
balance.

Financial Policies, Guidelines, and Protocols

Assist with the delivery of financial policies, guidelines, and protocols to ensure
the company complies with regulations and good financial practice.

Operational Compliance

Develop knowledge and understanding of the organization''s policies and
procedures and of relevant regulatory codes and codes of conduct to ensure
own work adheres to those standards. Obtain authorization from a supervisor or
manager for any exceptions from mandatory procedure.

Data Collection & Analysis

Draw conclusions and assess impact from analysis and interpretation of
financial data. Interpret the impact of unusual figures identified by analytical
review.

Document Preparation

Prepare monthly and annual financial statements for management and auditing
purposes. Prepare and submit monthly, quarterly and annual statutory returns.
Reporting
Extract and combine data to generate standard reports.

Customer Management

Establish and maintain professional relationships with internal and external
Auditors and business partners on a daily basis. Provide accurate information
and respond and resolve enquiries to a satisfactory outcome.

Data Management

Generate monthly depreciation journal on the financial system. Record financial
transactions on a daily basis into the applicable business systems to ensure the
accuracy and completeness of information.

Improvement / Innovation

Implement improvements and provide feedback on them. Use change
management systems and protocols to provide routine supportive services.
Leadership and Direction
Supervise a team performing routine work.

Financial Accounting

Good understanding of General accounting principles; Good understanding of
VAT.; Knowledge of insurance industry.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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