Job Description

Let's care for tomorrow.
Your ambitions. Your dreams. Your tomorrow.

Whether it's aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Credit Controller (m/f) based in Johannesburg.

The Impact You Will Have
In this role, you will provide accurate accounting administration and cash flows regarding quality, quantity and adherence to delivery dates concerning insurance business with Allianz Commercial clients, local brokers, and insurers. Additionally, you will manage payment transactions and bank account reconciliation.

Some of your specific responsibilities could include:

• Ensure that all accounts receivable/payables are settled and collected as per agreed terms of settlement
• Identify and analyze all accounts differences and liaise with Underwriting and brokers to ensure that all items are booked correctly and differences are resolved in a professional manner and on a timely basis. Establish and maintain an abeyance system
• Recommend write offs where applicable
• Perform credit control function of Accounts Receivable/Payable and related account reconciliations
• Coordination, transfer and reconciliation of data from interfaces of front-end systems
• Execute settlements with brokers and insurers particularly the control of outstanding balances of Allianz Commercial
• On an ongoing basis, properly account for all collections through timely application in the SAP system, processing ADT files and booking in the GL. Prepare monthly cash, receivable/payable and other account reconciliations and related journal entries
• Document application of policies, procedures and workflow for assigned areas of responsibility
• Archive records to satisfy audit and statutory requirements
• Draft standards to improve quality
• Work collaboratively with other functional areas (Operations, Accounting, Claims) in establishing processes, booking flows and accuracy completeness controls
• Work with third party collection agencies
• Maintain a collaborative relationship with external brokers. Provide professional and timely customer service to internal and external customers
• Contribute to project work within the department

What You'll Bring to the Role

• Qualification in Business Administration, Economics, Finance, Accounting or comparable degree preferred or qualified by experience in related discipline
• Several years of professional experience in a Finance role. Ideally experience in reinsurance, P&C insurance or asset management
• Advanced Excel and Powerpoint skills to effectively analyze data and convey messages in a winning fashion
• Solid understanding of credit control practice and principles
• Good understanding of insurance financial statements and their performance measurement including drivers
• Basic knowledge of local GAAP, IAS/IFRS, Regulatory, Tax and other relevant requirements (such as Allianz Accounting policies) with regards to reporting, compliance and declaration
• Analytical skills and the ability to handle complex processes (closing, reporting, finance operations) including understanding of data flows
• Good communication skills
• Experience with project and team work in an international environment would be a plus
• Fluent English skills

32760 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for you?

Let's care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress
From career development and digital learning programmes to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the Allianz Group brand serving the world's largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations' economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than xe2x82xac19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking .

Learn more about Allianz Commercial by clicking .

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email

Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.

#LI-DNP
#LI-Hybrid

Allianz