REINSURANCE AND GENERAL LEDGER ACCOUNTANT wanted at Bryte Insurance Company Limited

Financial Reporting
•Ensure correct parking of journals, checking that entries are raised against correct ledger codes, with correct amounts, in the
correct period and narrated correctly
•Prepare General Ledger reconciliations for submission to the Management Account by the 10th of every month.
•Maintain company Asset Register
•Prepare the debtors and status reconciliation
•Prepare the Actuaries vs Finance Reconciliation
•Prepare expense accruals and provisions listing

Cash Management
•Ensure all receipts (premiums, claim recoveries, refunds, salvages) are allocated timeously and accurately on TIAL
•Investigate and follow up on all unallocated receipts with stakeholders both internally and externally
•Ensure all debits order files are submitted to the bank for monthly collection and unmet premiums are reversed by 5th of the
month
•Ensure all cheques received are presented to the bank within 2 working days from the day of receipt.
•Ensure adequate funding of ALL company Bank accounts and that accounts are maintained at their minimum account balances
•Prepare payments in accordance to agreed-upon SLAs
•Manage the RI Creditors and Debtors and ensure RI premiums are paid within 48hrs after receipt of all necessary documentation
from UW.
•Claim recoveries are made within 60 days from the date that the claim is paid

Credit control
•Manage collections and debits for the profit centre allocated to the role
•Prepare debtors reconciliation on request by clients
•Send debtors statements monthly or on request
•Prepare the advance and payment boards monthly
•Liaise with policy admin for the raising and correction of premiums on TIAL

Regulatory Reporting
•Prepare Withholding tax returns for payment to the BURS no later than 15th of the month.
•Ensure controls are operating effectively. Assist in the preparation of Internal and External audit ensuring timely audit
deliverables and that the audit plan is achieved

•B.A. Degree in Finance
•BCom Degree in Financial Accounting

Experience
•A minimum of 3 years in a similar role
•An audit firm experience will be an added advantage
•Process improvement capabilities
•Extensive knowledge of Microsoft Excel and word
•Prior exposure to SAP, Sage or similar accounting systems

Key Competencies
•Excellent customer service skills
•Problem solving and analytical skills
•Report writing skills
•Independent creation of ledger journals
•Administration and organisation skills