The Insurance Institute of South Africa

Maintains records of financial transactions by establishing accounts; posting transactions; ensure legal requirements compliance

Title	Accountant
Division	Finance and Operations Department
Grade	R210 000 – R240 000 negotiable
Position reports to	Executive Manager: Finance and Operations
No. reporting into position	1
Purpose of the role Maintains records of financial transactions by establishing accounts; posting transactions; ensure legal requirements compliance
Key Functions
Key Performance Areas	Outcomes
Finance management	Compliance with finance and overall procurement procedures Loading of all bank payments and daily transfers and when necessary authorising payments/transfers. Ensure all entries are accurately captured in the GL within reporting deadlines Ensure preparation & review of all GL reconciliations within reporting deadlines Identify and correct any accounts processing deficiencies Preparation of management reports within reporting deadlines Daily reconciling of all bank accounts Cash flow management (daily reporting, weekly planning & optimisation) Invoicing Vat returns to SARS Produce monthly cashbooks
Reporting	Reporting on costs and sales and distributing the info to the necessary department
Maintain fixed asset registers	Keep an up to date assets register Record any movements on the asset register Provide updated information to the finance and operations executive for insurance purposes
Manage online payments	Ensure that the payment system is working efficiently Regulate, settle and reconcile all payments made via the system Reconciling of all payments and invoicing
Membership management	All annual invoicing for individual, bulk and corporate membership Allocate daily payments to outstanding invoices
Relationship management	Identify departmental stakeholders Manage departmental stakeholders in line with the corporate stakeholder management framework
Key Performance Areas	Outcomes
Audit management	Prepare all supporting information for the annual audit Implement and monitor implementation of internal and external audit findings
Governance and internal efficiencies	Compliance with legislation Observe corporate policies and procedures
All other business related functions	Conduct any business related function
Education & experience
Qualification & years of experience	BCOM Accounting or similar qualification 3 years' experience in an accounting environment If completed articles it would be an added advantage
Preferable industry	Insurance Industry
Skills
	Negotiating Persuasion Analytical Communication Influential
Knowledge	Legislative and regulatory requirements within the accounting space and general employer/employee legislative requirements Knowledge of generally accepted accounting principles
Behavioural competencies	Networking Assertiveness Empathetic Influential Resilient Strong interpersonal skills

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Closing Date: 8 January 2021
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