Financial Accountant

Introduction Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses. Visit us at www.momentumgroupltd.co.za

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose Accurately control and process financial information, prepare financial reports and analysis to enable business processes for the group insurance finance team.

Requirements

• BCom Degree in Accounting

• 3 to 5 years’ experience in accounting

• Knowledge of the insurance and investment industry and applicable regulatory requirements and legislation would be an advantage

Duties & Responsibilities

• Complete month-end related tasks accurately and timeously within Group Insurance.

• Pass month-end journals which will include premiums, claims, administration, commission, CAO, profit share and intercompany processes

• Ensure accruals are accurate and timeous

• Roll-up journals to be posted between the sub-ledger and Momentum Group Limited;

• Perform recons between the administration system and the ledger

• Analyse the income statement cash flow variances and supply commentary

• Perform monthly general ledger reconciliations and complete ageing

• Liaise with the client service area monthly.

• Assist with any audit query and engagement with the auditors.

Competencies

• Attention to detail

• Results orientated

• Accountability

• Decision making

• Teamwork