Junior Management Accountant

Join TIH, home to some of South Africa's leading financial service providers, and grow your career while being part of an organisation with purpose.

Job Purpose

To partner with operational heads, to ensure that financial information is reported in line with IFRS standards, company policy and business requirements. Provide commercial and financial oversight in supporting the operational heads, while monitoring performance to approved budgets. Maintain appropriate communication channels between finance and business.

Responsibilities

1. Financial Management & Control:
   Track progress against budgets within established finance systems and report variances to more senior colleagues. Work within established systems to deliver prescribed outcomes for a designated area of financial control. Monitor and control expenditure and interpret the impact of unusual figures identified by analytical review. Prepare budgets and forecasts in cooperation with senior managers.
2. Data Collection & Analysis:
   Identify anomalies and investigate them with financial accountants to ensure processing is complete and accurate. Analyze financial data, extracting and defining relevant information. Interpret data for the purpose of determining past financial performance and forecast preparation by business unit and consolidation into personal lines.
3. Cost Accounting:
   Evaluate costs and identify variances or opportunities to improve profitability. Perform ratio analysis and interpret variances such as surplus ratio, claims ratio, and expenses ratio.
4. Budgeting & Costing:
   Track budgets and report variances to more senior colleagues. Conduct complex analyses on budget progress and manage budget system. Liaise between key stakeholders to ensure budget accuracy and logic. Provide instruction and resolve budget issues.
5. Operational Compliance:
   Follow mandatory procedures to ensure work is carried out to required quality standards and adherence to regulatory codes and internal codes of conduct.
6. Insights and Reporting:
   Prepare and coordinate the completion of various financial reports.
7. Personal Capability Building:
   Keep abreast of laws and regulations that apply to this function or field of professional expertise, maintaining up-to-date compliance.

Education:
Bachelor of Commerce: Accounting (Required), CIMA Qualification (Advantageous)

Experience:
Minimum 2 years' Financial Management Accounting experience and 2 years' Financial Services background (Advantageous).

Think you have what it takes to be part of an unstoppable team who constantly finds better ways to give peace of mind? Don't wait, apply now.