Job Description

Job Advert Summary

Reporting to the Senior Manager: Operational Finance, the Accountant: Operational Finance is responsible for all Operational Finance processes and functions and including, but not limited to reinsurance calculations and payments, commission calculations and payments, gathering and analyzing financial information, ensuring monthly & quarterly management accounts are prepared accurately and in line with AASB standards and provided to management timeously, month-end reconciliations and daily processing is complete and accurate and reviewing of financial transactions.

Minimum Requirements

Education:

Bachelor's degree in Finance or Accounting (essential)

Experience:

4-5 years' experience within a financial services environment, preferably in the Insurance Industry Strong reconciliation experience (essential) Attention to detail Proficient in MS Office - Advanced Excel

Knowledge and Skills:

General knowledge of insurance legislation/rules (preferred) Exposure in dealing with members, brokers and advisors (preferred) Solid knowledge of basic and advanced accounting and financial principles and practices Excellent knowledge of accounting and reporting Excellent knowledge or risk analysis, budgeting and forecasting Working knowledge of financial software and MS Office Excellent communication and presentation skills

Competencies:

Analytical mind with aptitude in math Ability to make prudent business decisions Flexible and adaptable in changing and challenging circumstances Fast learner with the ability to rapidly assimilate and utilise new information and skills High level of accuracy and be able to operate efficiently under pressure Work non-standard business hours from time to time Must be self-motivated Time management skills Be a team player and take responsibility for own development initiative

Duties and Responsibilities

Month-end and daily processes:

Prepare month end journals Prepare monthly management accounts Prepare general ledger reconciliations Prepare reconciliations between management accounts and AASB 17 reporting Analyse gross premium report for reasonability and accuracy Analyse/prepare dealer commission report and reinsurance report for month end processes of payments Prepare monthly management and administrative fees together with invoices Prepare debtors reconciliation and analysis Collate financial reports for AASB 17 reporting preparing journals and reconciliations Assist with Internal/External Audit queries Prepare monthly Exco support Prepare monthly statistics

Additional Duties

Assist with budgetary and forecast functions Assume responsibility of accounting procedures Respond to queries and investigations Liaison function with internal and external stakeholders Performing other duties assigned from time to time by the Senior Manager: Operational Finance Perform other financial reporting tasks and projects as identified * Assist with AASB 17 reporting requirements to current processes including updating of financial templates and uploads to Great Plains