Share this Job

Divisional Financial Accountant: Insurance

Date: 21-Jun-2022

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

Apply by: 28 June 2022 

Purpose Statement

  • To contribute towards the security, dependability and reliability of the Capitec Life Insurance Department through:
    • Ensuring all financial accounting transactions are effectively and efficiently recorded and accounted for within the financial results.
    • Reviewing and analysing financial results to ensure accuracy and completeness of financial records.
    • Performing and reviewing balance sheet reconciliations to ensure all Balance Sheet values are comprehensively substantiated.



  • 3 years financial accounting experience, including the responsibility for executing a wide range of accounting functions
  • Providing financial advisory support to business.
  • Financial reporting.


  • Experience in SAP / ERP system (accounting module/s)
  • SAICA / SAIPA / CIMA Articles

Qualifications (Minimum)

  • Qualified Chartered Accountant (CA) in Accounting - Financial Accounting or Financial Management

Qualifications (Ideal or Preferred)

  • Qualified Chartered Accountant (CA) in Accounting - Financial Accounting or Financial Management



  • Understanding of the Life Insurance industry (including the knowledge and understanding of relevant regulatory and legal requirements)
  • Thorough understanding of a Control environment
  • Knowledge and understanding of:
    • Management of accounts
    • Computerised accounting systems and principles
  • Financial analysis of large volumes data in an efficient manner and interpretation of results
  • Business communication
  • Microsoft Office Suite of tools
  • SAP / ERP systems


  • Business case conceptualisation, principles and compilation
  • Governance and risk management principles.
  • Financial Services industry


  • Analytical Skills
  • Attention to Detail
  • Communications Skills
  • Computer Literacy (MS Word, MS Excel, MS Outlook)
  • Reporting Skills

Conditions of Employment

  • Clear criminal and credit record


Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals