Position: Management Accountant
Location: Centurion, Gauteng
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:
- BCom Accounting / Management Accounting (Essential)
- Diploma in Accounting/ Management Accounting (Essential)
- CIMA or SAIPA Articles (Advantageous)
KEY PERFORMANCE AREAS
1. Management Reporting
- 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.
2. Monitoring of credit control and debt management process
- Review and analyse debtors and creditors age analysis
- Prepare a summary of all anomalies
- Monitoring and reporting on all unallocated deposits
3. Business Support & Stakeholder Engagement
- 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
4. Compliance & Governance
- 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
5. Systems & Process Improvement
Work with IT and finance systems to ensure data integrity and efficient reporting
KEY COMPETENCIES
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
Knowledge
- 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.