Senior Accountant

Brendmo Recruitment

Midrand, Johannesburg
Permanent
Full-time

3 days ago
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Job briefA client of ours is seeking a highly skilled Accountant with a minimum of 5 to 10 years experience, preferably within the insurance or financial services industry. The successful candidate must have strong expertise in Sage Intacct and a deep understanding of insurance accounting principles. This role will ensure accurate financial reporting, compliance with insurance industry regulations, and the provision of insightful financial analysis to support strategic decision-making.Key ResponsibilitiesFinancial ReportingPrepare and analyze financial statements in compliance with regulatory and accounting standards.Identify and highlight key financial trends impacting business performance.Management ReportingPrepare and present weekly and monthly management reports, including sales, departmental activity, and company performance.Provide insights to support executive decision-making.Regulatory ReportingPrepare and submit insurance industry-specific regulatory returns in a timely manner.Ensure full compliance with financial and statutory reporting obligations.Account ReconciliationReconcile insurance accounts including premiums receivable, claims payable, and reinsurance recoverable.Ensure accuracy and integrity of all reconciliations.Claims ManagementAssist with claims processing, payments, and refunds in line with policy terms.Prepare and track claims reporting for management review.Regulatory Compliance & AuditEnsure compliance with all statutory and insurance industry regulations.Support internal and external audits by providing required documentation and explanations.Internal ControlsImplement and maintain robust internal controls to safeguard assets and ensure accuracy of financial information.Commissions ReportingPrepare, analyze, and track commission payments to intermediaries.General AccountingManage general ledger functions, accounts payable/receivable, and bank reconciliations.Budgeting & ForecastingSupport annual budgeting and ongoing financial planning processes.Collaboration & SupportWork closely with cross-functional teams, external auditors, and regulators.Take on additional finance-related duties as may be assigned.

Requirements

Degree in Accounting, Finance, or related field (essential).

ACA, ACCA, CIMA, or equivalent qualification (or finalist).

Minimum of 5 to 10 years accounting experience, with at least 2 years in the insurance or financial services sector.

Strong hands-on experience with Sage Intacct (essential).

Proficiency in other accounting software (Xero, QuickBooks, Pastel, Sage Payroll) is an advantage.

Solid understanding of insurance accounting principles, regulatory requirements, and compliance standards.

Strong analytical, problem-solving, and financial modeling skills.

Excellent English communication and presentation skills, with ability to explain financial concepts clearly.

Ability to work under pressure, meet deadlines, and manage multiple priorities.

Strong organizational skills and a proactive, detail-oriented approach.

Brendmo Recruitment