Key Tasks & Accountabilities

Functional Management

• This role reports into the Head of Statutory Reporting and its responsibilities span across all legal entities within the Group.
• Process the IFRS 17 accounting journals as received from the Actuarial team ensure that the transactions are recorded in the accounting system on a timely basis and complete the IFRS 4 to 17 reconciliations on a timely basis and in line with IFRS and the Group reporting requirements.
• Prepare with investment accounting journal entries (equities and bond instruments) ensure that investment transactions are recorded in the accounting system on a timely basis and in line with IFRS and the Group reporting requirements.
• Prepare or review and post other head office journal processing to ensure that the transactions are recorded in the accounting system on a timely basis and in line with IFRS and the Group reporting requirements.
• Preparation of month-end finance packs (Consolidation and separate legal entities) in line with reporting timelines (IFRS 4 and 17 Packs)
• Preparation of the quarterly reporting submission to the Fairfax Group (Shareholder) via the OneStream System latest the 12th calendar day post quarter-end
• Support the actuarial team with quarterly and annual SAM Submissions to ensure timeous and accurate delivery of statutory and regulatory reporting to the Prudential Authority
• Taxation - Calculation of income tax and deferred tax calculations and completion of direct tax submissions (provisional payments / annual tax returns / with-holding tax returns)
• Responsible for assisting in the managing the external auditing process for annual financial statements and other relevant processes.
• Preparation of the annual financial statements for all entities and support subsidiary company financial accounting processes.
• Ensure internal control compliance through the maintenance of required internal controls relating to financial reporting
• Stakeholder engagement – Drive effective stakeholder engagement with the finance senior management team, actuarial team and the rest of the extended finance team
• Ensure effective teamwork throughout the finance reporting, actuarial and other finance teams, i.e. Working with teams of people in line with the Bryte guiding principles and culture, within a results-oriented environment. Act as an ambassador for the culture and desired behaviours.

Stakeholder Management

• Head of Statutory Reporting (Line Manager)
• Finance Manco (Heads: Management Reporting, Reinsurance, Actuarial and Projects)
• Bryte CFO
• Bryte Finance Team (Management Reporting, Reinsurance, Actuarial, General Ledger and Finance Operations)
• External Auditors
• Fairfax Group

Qualification & Experience

• CA (SA)
• 2 to 3 years’ experience in relevant field
• Exposure to insurance (life, general and reinsurance) highly preferred
• Sound knowledge of IFRS, including Insurance Accounting standards (IFRS17)
• Knowledge of SAM solvency legislation and reporting requirements 

Competencies

• Financial Management & Reporting
• Strong Financial Acumen
• Output and timeline driven
• Effective Communication
• Problem solving
• Knowledge Management
• Strategic thinker (Process Improvements)
• Organisational Governance

Closing date :13 May 2025