Financial & Regulatory Reporting Accountant needed at Rand Mutual

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Job title : Financial & Regulatory Reporting Accountant

Job Location : Gauteng, Johannesburg

Deadline : July 13, 2024

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THE JOB AT A GLANCE

  • Reporting to the Head of Finance, the Financial & Regulatory Reporting Accountant will be responsible for ensuring that all Group returns, and financial statements are prepared timeously and accurately.

WHAT WILL YOU DO?

  •  Preparation of Annual Financial Statements
  •  Manage the preparation of annual financial statements process in accordance with accounting standards and in adherence to regulatory and internal timelines.

Oversight of the Audit Process

  •  Manage the end-to-end audit processes for Internal and External audit.
  •  Prepare and collate information and evidence for audit processes.

Oversight of the IFRS17 Project

  •  Develop the IFRS17 strategy to ensure compliance within the relevant timelines.
  •  Manage the IFRS17 project and rollout in accordance with project requirements and accounting standards.

EXCO/Board Reporting

  •  Prepare and submit Board, EXCO and Committee packs in accordance with relevant schedules and delivery of information requests.
  •  Provide financial and business insights across the business functions.
  •  Provide assistance to the business on related finance matters as and when required.

Tax Compliance

  •  Ensure that all tax submissions are submitted in accordance with Tax Act and within relevant timelines.
  •  Provide tax support to group initiatives.
  •  Ensure accurate data for tax systems.
  •  Tracking of KPI Measurement & Incentives.
  •  Ensure adequate tracking of company balance scorecard for KPI measurement.
  •  Calculate incentive provisions in terms of financials and present to management.
  •  Report on the Key Performance indications for the financial reporting function on a monthly basis.

 Solvency & Liquidity Management

  •  Continuous tracking of Solvency and Liquidity management across the RMA Group.
  •  Inform management of regulatory issues (solvency and capital requirements) for the Group.

Regulatory Compliance

  •  Preparation & submission of C68 quarterly report to the SARB.
  •  Preparation & submission of B16 report to the SARB.
  •  Preparation & submission of D427 asset allocation to the SARB.
  •  Preparation & submission of surplus asset report to the Compensation Fund.
  •  Preparation & submission of SAM Solo QRT to the Prudential Authority.
  •  Preparation & submission of Life Insurers Liquidity & Funding Template to the Prudential Authority.

 
WHAT YOU’LL BRING TO THE TABLE?

  •  Minimum 5 years’ experience in Financial reporting
  •  NQF Level 7: Degree in Finance
  •  Honours Degree in Finance (preferred)

Requirements

WHAT YOU’LL BRING TO THE TABLE?

  •  Minimum 5 years’ experience in Financial reporting
  •  NQF Level 7: Degree in Finance
  •  Honours Degree in Finance (preferred)

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • This job has expired!