Finance Transformation Analyst - Sandton, South Africa - Hollard Recruitment

Hollard Recruitment Sandton, South Africa

2 weeks ago

Description

The Analyst will be responsible for the design and implement reconciliations between data sources (internal and external) and financial ledger.

Support our IFRS 17 implementation project with the finance team with input changes on system.

IT/Finance support on IFRS 17 journey.

Provide support in finance transformation initiatives – including introducing AI capability, machine learning, etc.

Play a core part of the central team, liaising with actuarial, IT and accounting teams across the Group.

Key Responsibilities

Working closely with the technical accounting policy workstream to ensure the solution meets the business requirements. This will involve:

reviewing and testing the data and reporting from source systems (actuarial, policy & administration, expense and finance ledgers) to ensure that the correct data can be sourced to drive the accounting and reporting requirements.
Modelling business requirements and use cases as a basis for testing the configuration and outputs of the system
Working with the vendor to ensure that the accounting & reporting solution is correctly configured and designed in readiness for validation and testing

Becoming an SME on the product, including:

the underlying transactions and data requirements,
how they drive the associated accounting rule
how to design and implement into the central solution
how to design and configure required reporting within the system
assistance in the knowledge transfer of the product to users across the business

Assistance in the development and roll-out of the new accounting and reporting processes to feed into the IFRS 17 process.
Working closely with the insurance businesses across the Group to support and develop their understanding of the central accounting & reporting solution
Significant involvement in the design, planning and execution of the modernised accounting & reporting solution system both from a functional and user perspective
Supporting the testing and data workstreams
Working with central and local project management, including local workstreams, to support planning and execution of delivery plans
Design automated financial and data reconciliations
System administrator role for specific financial systems

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