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Finance Manager - Johannesburg

Responsibilities:
  • Oversight of the IFRS 17 process from a finance standpoint, demonstrating dedication and attention to detail.
  • Aligning SAGE accounting figures with the underlying policy data through reconciliation efforts.
  • Collaborating closely with the finance developer to condense extensive policy data for analysis.
  • Preparation of accounting policy position papers, focusing on the disclosure of insurance finance income and expense.
  • Conducting quantitative analyses to evaluate the financial impacts of different accounting policy options.
  • Ensuring compliance with IFRS 17 standards in the analysis and application of accounting policies.
  • Development and delivery of IFRS 17 Expenses Training for Non-Executive Directors.
  • Management of the IFRS 17 Premium Allocation Approach (PAA), including file setup in Risk Integrity software and subsequent accuracy checks.
  • Assessment of the accuracy and completeness of IFRS 17 results, including comparisons with IFRS 4 outcomes.
  • Evaluation of the Loss Inclusion Component (LIC) and Risk Component (LRC) within the IFRS 17 framework.

Requirements:
  • A certified Chartered Accountant (CA) with a minimum of 5 years of post-qualification experience is a prerequisite.
  • Thorough experience in IFRS reporting is indispensable.
  • Proficiency in Reporting and Consolidations at a group level is mandatory.
  • Previous engagement with Executive Committee (EXCO) members and senior stakeholders is strongly preferred.
  • Past involvement in either insurance or financial settings is beneficial.


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