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Financial Accountant (One Year Fixed Term Contract)

Location Johannesburg, South Africa Job type Full-Time Work mode Hybrid Job level Professional Job ID 13179 Company Munich Re Employment type Temporary Area of expertise Finance, Accounting & Controlling
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You will fall within the Tax and Financial Accounting department at Munich Re Africa Branch (MRAB). It is responsible for accurately recording financial transactions of the company in the General Ledger. MRAB performs this recording in accordance with  International Financial Reporting Standards.  This facilitates accurate internal and external reporting of the entity's financial performance and overall financial position.

The Financial Accountant role is an originator of accounting information and ensures that financial information required for internal and external reporting is available, complete and accurate. The role includes collecting, analysing, investigating, maintaining data, and preparing detailed reconciliations. You will report to the Team Leader, who in turn reports to an Operational Manager.

Your Role

  • Process and account for fixed assets transactions, including purchases, depreciation and disposals, following internal policy.
  • Prepare fixed asset reconciliations on a quarterly basis to ensure accuracy of recording.
  • Prepare cashflow forecasts in collaboration with internal stakeholders to ensure a sound understanding of potential inflows and outflows of cash.
  • Ensure that all open items on bank suspense accounts are cleared through posting of bank and cash transactions.
  • Prepare monthly bank reconciliations to ensure completeness of accounting.
  • Reconciliation of investment General Ledger accounts.
  • Bank administration tasks e.g preparation of instruction letters.
  • Investment administration tasks e.g preparation of investment settlement instructions.

Your Profile

· The minimum qualification is a BCom (Accounting) degree

· At least 3 years' experience in financial accounting, with experience working in a SAP environment

· Good Excel skills

· Teamwork and collaboration

At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is the foundation of our open culture and spirit of partnership. It shapes how our teams are built and cultivated and how we are supported and developed. And at the centre of this interaction is each of us. As part of our commitment to opportunity, growth and diversity, preference may be given to a certain category of candidates in line with our Employment Equity Plan.

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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