Reporting Accountant

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Date: 09-Jun-2021

Location: Johannesburg, Gauteng, South Africa

Company: Sanlam Group

What will you do?

Centriq team has an exciting opportunity available for a Reporting Accountant eporting Accountant will report to Head: Group Finance. The position is based in Gauteng, Johannesburg, Illovo.


Centriq is a specialist cell captive insurance company, wholly owned by Santam, operating in the corporate risk finance, alternative distribution and underwriting management agencies sectors. Centriq is a young, vibrant and innovative company with both a non-life and life cell captive license. We provide our business partners and insurance clients with the ability to participate in the risk and benefits related to their individual insurance business.


What will make you successful in this role?


The Reporting Accountant and will be responsible for (but not limited to) the following:


  •   Preparation of the internal monthly financial reports and analysing variances
  •   Assisting in preparation of the monthly and annual shareholder reporting packs
  •   Assisting in preparation of the quarterly and annual Prudential statutory returns
  •   Preparation of the quarterly and annual South African Reserve Bank (SARB) returns
  •   Preparation of the quarterly National Credit Regulation (NCR) returns
  •   Preparation of the company annual and provisional tax returns
  •   Monthly tax computation
  •   Assist with the annual Budget process
  •   Daily authorising of payments and cash management
  •   Peer review of reconciliations and transactions
  •   Implementation of IFRS 17
  •   Assist with other finance related ad-hoc requests

Qualification and Experience

  • B Comm accounting degree or similar qualification
  • CA (SA) qualification would be advantageous
  • Comprehensive understanding of general ledger and financial accounting functions
  •  IFRS Accounting and reporting experience (preferably within insurance related industry)
  •  Knowledge and practical experience of relevant legislation


  •   Decision making, problem solving and analytical ability
  •   Gathering and handling of information
  •   Effectiveness and efficiency in performing tasks
  •   Deadline driven and ability to work under pressure
  •   Energetic and resilient 
  •   Good communication and interpersonal skills

Who are we:

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.


Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.


At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.