Financial Controller

SUMMARY:
Responsible for substantially all areas of accounting records and financial reporting of a group.

POSITION INFO:
An established insurance company is seeking to hire a highly skilled and experienced Financial Controller to join their team. Your: Formal Education Degree in Accounting or equivalent (BCom or BCompt (Acc)) Experience Completed articles and 3 years' experience in bookkeeping or accounting function as Accountant II OR 10 years' experience in bookkeeping\/ accounting function. Will enable you to: Duties Procurement and suppliers: Responsible for reviewing of primary source documents. Responsible for ensuring adherence to the Group's policies, procedures, budget limits and Levels of Authority regarding goods and services procured. Responsible for completing \"checks\" on completeness of supporting documentation maintained and ensuring accountants are aware of any shortcomings in this procedure. Providing feedback to financial manager on any problems. Assists in other areas where required. General accounting records and reconciliations: Reviews the accounting records to assert whether they are materially valid, accurate and complete. Providing feedback to financial manager on any problems. Reviews the fixed asset registers. Responsible for the review of periodic records including balance sheet reconciliations. Prepares reconciliation schedules for more complex account balances and reviews schedules prepared by bookkeeper and to ensure that the balance sheet is appropriately reconciled. Primarily responsible for the validity, accuracy and completeness of transactions processed in the accounting records in a consistent manner. Ensure the intercompany process is accurate and complete. Responsible for preparing calculations where required of amounts recognised in the accounting records. Reviews Payroll information with supporting documentation. Reviews instruction received from Group in relation to specific entity and ensures instruction is relevant, accurate and understood before actioning. Providing feedback to financial manager on any problems. Assists in other areas where required. Management information: Reviews all management information prepared (management accounts, budgets and other) to ensure accuracy and proper analysis thereof. Responsible for preparing an accurate budget, including the update of forecasts and all supporting schedules timeously. Prepares and maintains all other management information requested by the executive management team. Develops management information reporting templates. Assists in other areas where required. Sales function: Prepares and maintains calculations for revenue generated (including supporting documentation). Performs checks on inputs used for system generated revenue calculations to approved sources (agreements etc). Performs checks on inputs used for system generated revenue calculations to approved sources (agreements etc). Providing feedback to financial manager on any problems. Updates and maintains summaries of Assets Under including movements. Assists in other areas where required. Treasury and financial soundness: Reviews functions performed by the bookkeepers and accountants. Takes ownership of the validity, accuracy and completeness of the weekly and long-term cash flow preparation in line with the required timelines. Prepares calculations to monitor financial soundness requirements for current and future periods (liquidity, cash holdings, CAR & solvency). May be required to be a releaser of payments and beneficiaries on the banking platform. Assists in other areas where required.