Group Finance Manager

Hire Resolve

Sandton, Johannesburg
Permanent
Full-time

1 month ago

Job SummaryA leading Insurance company based in Johannesburg is seeking a Group Finance Manager with IFRS 17 experience to join their team of industry expertsThe successful incumbent for this position will be responsible for Reporting to Senior Management and the role will be overseeing the entire finance function, which includes, budgeting/accounting (in line with IFRS) as well as being responsible for profit allocation and all related reporting and this includes the bridging from BAU to IFRS 17A key focus area for this position will entail IFRS 17 reporting, so knowledge in this area is essential

Approve all General Ledger entries for the IAA trial balance and non-standard reversing journals as and when needed
Approve General Ledger reconciliations
Take full responsibility for the IFRS 17 accounting and reporting design including General Ledger, reconciliations, Management accounts, and Journal entries “bridge” from BAU to IFRS 17
Analyse data and ensure completeness and accuracy of data received from Operational Finance to process the General Ledger entries
Oversee the preparation of the annual budget of Premiums, Claims and Commission liaising with the Head of Actuarial for key assumptions, and ensuring the accuracy of the Budget model used.
Responsible for Premiums, Claims and Commission input in the preparation of the Annual Financial Statements.
Collaborate with subject experts on the preparation of Annual Financial Statements in line with IFRS17

Key requirements:

At least 5 years of working experience in a similar role
Experience in financial reporting
Experience in a financial services industry - long-term insurance is preferable
Experience within an IFRS technical accounting environment is advantageous, but not a requirement
Knowledge of the Long term insurance industry is preferable
Good technical accounting knowledge of IFRS
Able to work with budget models and understand the key drivers
Is adept in the use of the latest MS Office package, particularly Excel, Word and Power-point
Knowledge of the Great Plains is an advantage
Qualified CA(SA)
3-5 Years Post Article Experience

Hire Resolve is a top-tier recruitment firm that focuses on placing skilled professionals in permanent employment.Hire Resolve focuses on working with senior-level executives and we pride ourselves on delivering excellent service to our candidates and clients.

Salary: negotiable.
Our client is offering a highly competitive salary for this role based on experience.
Apply for this role today, visit the Hire Resolve website:

or email us: * Alternatively, you are welcome to connect with Shannon Watson, Merina Naicker or Lindy Du Plessis on LinkedInHire ResolveIT/ComputerRecruiterAboutSpecialists in Civil, Structural, Mechanical Engineering, Information Technology, Mining, Manufacturing and Finance Careers! Hire Resolve is one of the larger and more agile South African recruitment companies that focus on placing professionals and skilled people in permanent employment and contract employment. We prefer and focus on working with top quality professionals and candidates in South Africa and Africa. Hire Resolve has successfully placed Engineering, Mining, IT, Manufacturing and Finance professionals with top firms across the Western Cape, Eastern Cape, KwaZulu Natal, Gauteng and in Africa. Hire Resolve has assisted candidates to find jobs at over 100 JSE listed companies of which many are global companies with offices and operations in South Africa and Africa. It is for this reason that we are well respected in the industries we operate in and in the recruitment industry.

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