Financial Accountant

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies. We value diversity, equality and inclusion and promote a culture that supports professional and personal growth.

General Reinsurance, Cape Town Branch (a subsidiary of General Reinsurance AG) is offering an opportunity for Financial Accountant in our Life Australia, UK, SA, Canada division.

We are seeking a qualified Chartered Accountant to join our finance team as a Financial Accountant within the reinsurance sector. The ideal candidate will have strong technical accounting expertise, excellent attention to detail, and a passion for financial accuracy and problem solving.

This is a challenging and rewarding position that offers exposure to a dynamic business environment and reports directly to the Financial Manager.

The successful candidate will be responsible for:

• Processing and reporting of management expenses
• Monthly reporting of technical results
• Managing cash flow and liquidity requirements
• Overseeing the accounts' payable function
• Reconciling general ledger accounts
• Preparing and monitoring annual expense budgets
• Completing monthly VAT returns
• Processing salary-related and other month end journals
• Maintaining and updating the fixed asset register
• Processing reinsurance technical accounts
• Completing allocated sections of quarterly US GAAP and other reporting packs
• Preparing regulatory returns
• Managing intercompany invoicing
• Performing various ad hoc tasks as required

• CA (SA)
• No reinsurance experience needed, although this would be an advantage
• SAP experience would be an advantage
• Strong excel skills is essential
• Strong written and verbal communication skills
• Excellent numerical and analytical abilities
• Strong interpersonal skills, with the ability to work effectively within a team and engage with stakeholders at all levels of the business
• Ability to work independently and use sound judgement
• Strong organisational skills, with the ability to prioritise effectively while remaining adaptable to changing work demands
• High level of attention to detail and accuracy

Human Resources

General Reinsurance Africa Ltd.

(Reinsurer licensed to conduct composite insurance business)

2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront
Cape Town, 8001 (South Africa)

Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act and our employment equity policy.