Posted on: 01 August 2023
ID 876067

Group Consolidations and Reporting Specialist

A leading international insurance company, based in Johannesburg, is seeking a Group Consolidations and Reporting Specialist to take control of the organisation's statutory financial reporting, audit, as well as assisting in providing technical support to subsidiaries of the business.
They are seeking candidates who are comfortable managing people who also possess the ability to influence team members to be the best versions of themselves.
It presents an exciting opportunity for driven individuals looking to join a well-established organisation, which will assist them in growing their career and enhancing their reputation even further.
Key qualification and experience required for the Group Consolidations and Reporting Specialist:
* CA(SA) with 2-5 years PQE
* Previous experience of Financial Services Regulatory Reporting and current accounting statements, preferred
* A strong technical background with experience of financial reporting under IFRS constraints
* IFRS 17 knowledge (Highly advantageous)
* Consolidations and reconciliations experience
* Experience using CaseWare and Sage
* International African exposure would be preferable
* Ability to work with large data sets
* Strong interpersonal skills to assist in stakeholder management
Key duties required for the Group Consolidations and Reporting Specialist:
* Conduct quarterly preparation of consolidated results for the organisation.
* Establish and maintain robust controls and processes to ensure accurate and complete consolidation eliminations.
* Provide expert guidance on new accounting standards that may impact the Group and review accounting transactions for IFRS compliance.
* Thoroughly document all IFRS policies and procedures, ensuring consistent application across all Group entities.
* Prepare the Group's financial statements and review subsidiaries' Available-for-Sale (AFS) statements to ensure adherence to IFRS guidelines.
* Customise the Group's and subsidiaries' financial statements, including disclosure notes, to comply with IFRS 17 (Audit & Risk Committee requirements).
* Oversee the External audit relationship and coordinate the consolidation audit process, delivering necessary materials to FRCC.
* Offer assistance with ad-hoc projects as they arise.
Key personal skills:
* Attention to detail
* Analytical
* Team-oriented
* Time management
* Presenting skills
* Strong communication skills
* Financial and commercial acumen
* Relationship building
* Result oriented
* Problem solving ability
* Risk awareness
Should you be an individual who is passionate about joining an already established business with plenty of room for self-improvement, while also possessing the necessary financial skillset, please get in touch with us as soon as possible.
The hire will be made in line with the companies EE policies.
Occupation:
Finance jobs


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