Yesterday
Group Finance Manager
Hire Resolve
South Africa, Sandton
A 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 essentialApprove all General Ledger entries for the IAA trial balance and non-standard reversing journals as and when neededApprove General Ledger reconciliationsTake full responsibility for the IFRS 17 accounting and reporting design including General Ledger, reconciliations, Management accounts, and Journal entries “bridge” from BAU to IFRS 17Analyse data and ensure completeness and accuracy of data received from Operational Finance to process the General Ledger entriesOversee 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 IFRS17Key requirements:At least 5 years of working experience in a similar roleExperience in financial reportingExperience in a financial services industry – long-term insurance is preferableExperience within an IFRS technical accounting environment is advantageous, but not a requirementKnowledge of the Long term insurance industry is preferableGood technical accounting knowledge of IFRSAble to work with budget models and understand the key driversIs adept in the use of the latest MS Office package, particularly Excel, Word and Power-pointKnowledge of the Great Plains is an advantageQualified CA(SA)3-5 Years Post Article ExperienceHire 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: hireresolve.us or email us: Financialcareers@hireresolve.za.comAlternatively, you are welcome to connect with Shannon Watson, Merina Naicker or Lindy Du Plessis on LinkedIn#J-18808-Ljbffr
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