Junior Accountant (CPT)

Junior Accountant (CPT) Finance/AdminCape Town - Western Cape - South Africa ENVIRONMENT: AN energetic & self-driven Junior Accountant is wanted to join the Finance team of a reputable Financial Services provider. You will help maintain accurate financial records, assist with month-end and year-end processes, and ensure compliance with IFRS and insurance regulatory requirements. This role is critical in supporting the preparation of financial reports for a funeral insurance business, ensuring accuracy and timeliness. Applicants must have Grade 12/Matric, a BCom Accounting or equivalent qualification, 1-2 years post-articles experience in Financial Services with completed SAICA/SAIPA Articles (signed off). You also need a strong understanding of IFRS and basic insurance accounting principles and have proficiency in accounting software (e.g., Sage X3, Pastel) and MS Excel (pivot tables, lookups, basic dashboards). DUTIES: Core Accounting Duties - Post and maintain accurate journal entries in the General Ledger. Assist in reconciling bank accounts, policyholder accounts, and suspense accounts. Prepare supporting schedules for financial statements. Assist in the preparation of management accounts and statutory reports. Regulatory & Compliance - Support the preparation of VAT, tax returns, and regulatory submissions (e.g., FSCA, SARS). Ensure compliance with IFRS and insurance-specific accounting standards. Insurance-Specific Duties - Assist with premium income reconciliations and claims expense analysis. Assist with preparing working papers for IFRS 17 reporting. Analytical Reporting - Prepare variance analysis reports comparing actual vs. budget and prior periods. Assist in producing profitability and claims ratio reports for management. Support the development of dashboards and trend analysis for decision-making. Provide insights on expense drivers and revenue performance for funeral insurance products. Audit Support - Compile audit packs and respond to Auditor queries under supervision. Premium Administration Duties: Premium Allocation - Downloading of payments/rejections files from various platforms. Upload to ELIMS. Cut-Off Dates - Ensure SASSA collections d...