Management Accountant

Position Purpose:To provide accurate financial and management information to support business decision-making within a medical aid administration environment. The role includes budgeting, forecasting, cost analysis, reporting, and ensuring compliance with the relevant regulations.

Experience: Minimum of 5 -7 years' experience in management or financial accounting

• At least 3 - 5 years in the medical aid or healthcare administration industry
• Experience with credit control and debt management
• Experience with scheme financial reporting

Qualifications:

• Diploma in Accounting/ Management Accounting (Essential)
• CIMA or SAIPA Articles (Advantageous)

• Preparation of monthly trial balance and reconciliations
• Assist with compilation of monthly management accounts and supporting annexures and commentary.
• Analyse operational costs, income streams, and key financial KPIs (claims ratios, admin costs per member, etc.).
• Assist with annual budgets and rolling forecasts in collaboration with business units.
• Provide insights and commentary on actual vs. budget performance.

• Review and analyse debtors and creditors age analysis
• Prepare a summary of all anomalies
• Monitoring and reporting on all unallocated deposits

• Provide financial support and insight to non-financial departments such as Claims, Client Services, and HR.
• Assist with internal and external audits during the financial review processes.
• Support business initiatives throughout the organisation

• Ensure financial practices align with relevant industry regulations (e.g. Medical Schemes Act, BHF, SARS).
• Assist with the preparation and submission of CMS statutory returns

Work with IT and finance systems to ensure data integrity and efficient reporting

Skills and Abilities

• Strong analytical and problem-solving abilities
• Proficient in Microsoft Excel and accounting packages
• Solid understanding of healthcare industry
• Excellent interpersonal and communication skills
• Attention to detail with strong report writing skills
• Excellent analytical skills
• Ethical, accountable, and highly organized
• Ability to work independently and under pressure
• Proactive and solution-driven

• Strong knowledge of regulatory requirements and best practices
• Excellent knowledge of accounting software
• Excellent knowledge of finance principles and practices.

Note: Company reserves the right to close the advert before specified closing date.

PHA has its head office in Westville, KwaZulu-Natal. It operates country-wide with a nationally linked network and uses a robust, flexible, as well as integrated system to ensure efficient and effective administration of membership and benefits.