Export Credit Insurance Corporation of South Africa Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

Financial Accountant

PURPOSE OF THIS ROLE

The purpose of this job is to assist Head financial accounting in the day-to-day processes of the unit. To assist and give support to the reporting of the company’s finances. Assist in budget and forecasts preparation, as well as development of internal control policies and procedures.

KEY ACCOUNTABILITIES, MEASURES & INTERFACES

• Prepare the audit file;
• Record, process and update investment data transaction for monthly reporting. Update company investment position through consolidating fund managers reports on monthly basis;
• Record, process and update insurance contract liabilities and assets;
• Review payment requisitions and release payments on the banking system;
• Review and approve supplier invoices;

• Review bank recons and cash flows;
• Prepare and/or file VAT201;
• Preparation of Journals;

• Liaison with internal and external auditors;
• Report variances from the budget;
• Assist in the production of the annual budget and forecasts;
• Assist in the preparation of the corporate annual financial statement;
• Co-develops the required best practice, systems and procedures to achieve business goals;
• Assist with adhoc assignments as requested by the Heads of Finance or CFO;
• Keep the Head fully informed at all times of any adverse or changed or unusual circumstances which may affect the corporation’s financial position

Key Interfaces

• ECIC Executives and Managers
• Other business unit particularly Investments, Actuarial, PEAR, Portfolio Management and Risk Management
• Internal and External Auditors

QUALIFICATIONS & EXPERIENCE

• Tertiary Qualification in Accounting/ Auditing/ Finance is a requirement.
• At least 3-year post article experience in a finance unit in a supervisory. Preference will be given to individuals from the financial and/or insurance industry.
• Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics or similar accounting system;

SKILLS & ABILITIES

The incumbent should have demonstrated the following competencies:

• Adequate financial statement analysis skills;
• Ability to communicate verbally and in writing at all levels ;
• Strong aptitude for problem resolution and decision making;
• Able to demonstrate a high degree of integrity;
• Problem solving skills to identify issues and present creative and practical solutions;
• Adequate analytical skills;
• Strict attention to detail and deadline orientated;
• Advanced Excel Skills

BEHAVIOURAL COMPETENCIES

The incumbent is required to have the following Behavioural competencies:

• Organizational Skills: Ability to manage multiple tasks, prioritize work, and meet deadlines.
• Problem Solving: Ability to identify problems and develop solutions to improve processes and resolve issues.
• Business Acumen: Develops and uses a strategy to target own time (and time of others) on a portfolio of customers to maximize revenue and profitability.
• Delivery: Translates business objectives into practical, prioritised and organised action plans; ensures plans are safely and successfully implemented.

• Conflict Resolution Identifies and pushes for solutions in which all parties can benefit.
• Team Participation: Consistently offers relevant input to team discussions as issues are being clarified and solutions are being developed.
• Flexibility: Available to work more than ordinary business hours.

APPLICATIONS

Closing Date: Wednesday, 15th January 2025

NOTE: It is ECIC’s intention to promote equity through the filling of posts, according to the set Employment Equity targets.

Data Protection

Personal information collected and processed for purposes of recruitment will be protected from unauthorised access and improper use or disclosure.

Declaration and Informed Consent

By submitting your application for the advertised role, you give ECIC permission to process your personal information and you acknowledge that you understand the purpose for which it is required and for which it will be used. Furthermore, you declare that all personal information supplied to the ECIC for the purposes of recruitment is accurate, up to date, not misleading and that it is complete in all respects.

Head: Financial Reporting

PURPOSE OF THIS ROLE

The key purpose of this role is the day to day management of the Finance department to ensure efficient running of the unit and accurate reporting of accounts.

KEY ACCOUNTABILITIES, MEASURES & INTERFACES

• Under the direct supervision of the Chief Financial Officer, the Head of Finance will be responsible for:
• Develop, maintain and implement proper operational controls for financial efficiency;
• Ensure complete operational compliance with manuals and policies, Board and Management financial instructions and any applicable agreements/regulations;
• Update the policies timeously with the changes in the regulations and instructions from Board and Management
  Ensure that proper books of accounts of ECIC are kept;
• Ensure that financial reports (including performance analysis and statutory returns) are timeously prepared for stakeholders such as Board and Management, Prudential Authority, Financial Sector Conduct Authority, National Treasury, SARS and the DTIC;
• Prepare the Annual Financial Statements in accordance to IFRS and ECIC’s accounting policies;
• Ensure that all standing instructions requiring any input control or action by the finance department are met and observed precisely and correctly at all times;
• Supervise the work performed by the Reporting accountant;
• Manage relationship with internal and external stakeholders;
• Co-ordinate with internal and external auditors;
• Ensure compliance with tax legislation;
• Responsible for the implementation of new accounting standards e.g. preparation of the implementation plan and related deliverables;
  Coordinate with the CFO on the best practice to manage ECIC financial resources ;
• Keep the CFO fully informed at all times of any adverse or changed or unusual circumstances which may affect the corporation’s financial position.
• Ad-hoc activities as requested by the CFO

Key Measures

• Number of audit observations;
• Compliance with procedural and legislative requirements;
• Management of client relationships and key stakeholders;
• Management of budget including operational expenses.
• Timeous submission of accurate financial reports

Key Interfaces

• CFO
• Head of Financial Accounting
• Other business unit particularly Risk Management, Legal, Underwriting, Actuarial and Investment
• ECIC Executives and Managers
• Internal and External Auditors

QUALIFICATIONS & EXPERIENCE

• Qualified as a CA with strong technical expertise;
• At least 5 year post article experience in a finance unit in a supervisory or management level. Preference will be given to individuals from the financial and/or insurance industry;
• Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics or similar accounting system;

SKILLS & ABILITIES

Strict attention to detail and deadline orientated;

• Knowledge: IFRS, Tax, Auditing, PFMA
• Strong commercial awareness; Strong business acumen
• Strong financial statement analysis skills
• An excellent communication skills in written and spoken English;
• An ability to work in a multi-cultural environment.
• Ability to communicate verbally and in writing at all levels ;
• Ability to coordinate and manage multiple functions;
• Ability to forge relationships with other areas of the business and at all levels;
• Strong aptitude for problem resolution and decision making;
• Able to demonstrate a high degree of integrity;
• Problem solving skills to identify issues and present creative and practical solutions;
  Excellent analytical skills;

LEADERSHIP COMPETENCIES

The incumbent is required to have the following leadership competencies:

• Inspirational leadership – Motivate and inspire others to work towards common goals. Proactively seek feedback and coaching to drive personal development. Develop capabilities of others and nurture future talent.
• Business Acumen – Demonstrate commercial and financial expertise. Uses a methodical problem solving approach as a foundation for effective decision making taking into account importance, urgency and risk;
• Delivery – Translates business objectives into practical, prioritised and organised action plans; ensures plans are safely and successfully implemented. Makes effective use of resources when executing; ensures processes are in place to achieve outcomes aligned to operational excellence standards;
• Leading & Managing Change –Embraces, leads and manages change, providing guidance and support during implementation
• Teaming- Promotes, collaboration information sharing and learning within and across business boundaries. Focuses on ensuring stakeholder satisfaction by building mutually beneficial relationships with stakeholders.

APPLICATIONS

Closing Date: Wednesday, 15th January 2025

NOTE: It is ECIC’s intention to promote equity through the filling of posts, according to the set Employment Equity targets.

Data Protection

Personal information collected and processed for purposes of recruitment will be protected from unauthorised access and improper use or disclosure.

Declaration and Informed Consent

By submitting your application for the advertised role, you give ECIC permission to process your personal information and you acknowledge that you understand the purpose for which it is required and for which it will be used. Furthermore, you declare that all personal information supplied to the ECIC for the purposes of recruitment is accurate, up to date, not misleading and that it is complete in all respects.

Click here to apply

We wish you all the best with your applications.