Accountant

The Accountant will contribute to the achievement of organizational objectives through the timely preparation of comprehensive reporting and analysis of financial results. This role entails responsibility for ensuring the accurate and timely preparation of both management and regulatory reports.

KEY RESPONSIBILITIES

• To prepare monthly and quarterly management accounts within stipulated deadlines.
• To prepare monthly reconciliations and schedules with stipulated timelines.
• To prepare monthly and quarterly variance analyses against budget and comparative periods.
• To prepare / review regulatory reports to ensure accuracy and compliance with reporting requirements.
• Liaise with Regulators and Compliance to ensure full compliance and implementation of newly issued policies or updated accounting procedures.
• To assist with the annual budgeting process by preparing working templates liaising with cost centers and calculating the relevant KPI’s.
• To assist in the timely completion of the interim and annual audits, including the preparation of audit schedules and liaising with the auditors.
• To prepare accurate monthly and annual taxation schedules.
• To prepare IFRS compliant financial statements for both unconsolidated and non-consolidated entities.
• To support the Finance Manager in the preparation of Standard Operating Procedures for the department and update as necessary.
• Evaluates and provides recommendation on the financial capacity of prospective and existing clients requiring bonds.

 QUALIFICATIONS AND EXPERIENCE

• Pursuing the  ACCA  qualification (preferable at Level 2 minimum), with a minimum of three (3) years professional experience in the insurance industry.
• The ability to prepare and review financial and regulatory reports
• Working knowledge of IFRS17 as it pertains to General Insurance companies using the Premium Allocation Approach (PAA).
• The ability to prepare and analyze management accounts is essential.
• A comprehensive understanding of corporate and deferred taxation.
• Experience with investment transactions is preferred.