The successful consultant will assist with accounting and reporting. The role entails effective reporting, monitoring and control measures in an ethically and technically correct manner and in line with IFRS requirements.

 Key Accountabilities

Functional Management

• This role reports into the Head of Statutory Reporting and its responsibilities span across all legal entities within the Group.
• Process the IFRS 17 accounting journals as received from the Actuarial team ensure that the transactions are recorded in the accounting system on a timely basis and complete the IFRS 4 to 17 reconciliations on a timely basis and in line with IFRS and the Group reporting requirements.
• Prepare investment accounting journal entries (money market accounts, equities and bond instruments) ensure that investment transactions are recorded in the accounting system on a timely basis and in line with IFRS and the Group reporting requirements.
• Prepare and post other head office journal processing to ensure that the transactions are recorded in the accounting system on a timely basis and in line with IFRS and the Group reporting requirements.
• Preparation of entity balance sheet reconciliations
• Preparation of month-end finance packs (Consolidation and separate legal entities) in line with reporting timelines (IFRS 4 and 17 Packs)
• Preparation of the quarterly reporting submission to the Fairfax Group (Shareholder) via the OneStream System latest the 12th calendar day post quarter-end
• Support the actuarial team with quarterly and annual SAM Submissions to ensure timeous and accurate delivery of statutory and regulatory reporting to the Prudential Authority
• Completion of other statutory returns (C68 Forms Submission to SARB)
• Preparation of other financial information adhoc requests
• Taxation - Calculation of income tax and deferred tax calculations and completion of direct tax submissions (provisional payments / annual tax returns / with-holding tax returns)
• Responsible for assisting in the managing the external auditing process for annual financial statements and other relevant processes.
• Preparation of the annual financial statements for all entities and support subsidiary company financial accounting processes.
• Ensure internal control compliance through the maintenance of required internal controls relating to financial reporting
• Stakeholder engagement – Drive effective stakeholder engagement with the finance senior management team, actuarial team and the rest of the extended finance team
• Ensure effective teamwork throughout the finance reporting, actuarial and other finance teams

Competencies

• Financial Management & Reporting
• Strong Financial Acumen
• Output and timeline driven
• Effective Communication
• Problem solving
• Knowledge Management
• Strategic thinker (Process Improvements)
• Organisational Governance