| Job Title: | Financial Accountant |
|---|---|
| Date: | Posted: 12 November 2025 – Closing Date: 26 November 2025 |
| Location: | Rosebank, Johannesburg, Gauteng, South Africa |
| Employment Type: | Permanent |
| Company: | Federated Employers Mutual Assurance Company (FEM) |
| Industry: | Financial Services |
Advance Your Career with FEM as a Financial Accountant
Introduction
FEM (Federated Employers Mutual Assurance Company), a trusted leader in the financial services and insurance sector, is seeking a dedicated Financial Accountant to join their Operations Finance Division at the company’s head office in Rosebank, Johannesburg. This role offers an excellent opportunity for a qualified finance professional to take ownership of critical accounting functions, with a particular emphasis on reinsurance processes and compliance management.
As part of FEM’s reputable Finance Department, you’ll play a vital role in maintaining financial integrity, managing reporting frameworks, and contributing to the organisation’s continued financial excellence.
About FEM
FEM is one of South Africa’s leading mutual assurance companies, specialising in the administration of Workmen’s Compensation benefits to employers and employees in the construction industry. With regional offices in Johannesburg, Durban, and Cape Town, FEM upholds a strong commitment to financial governance, accountability, and corporate social responsibility.
Joining FEM means becoming part of an organisation that prioritises employee growth, values integrity, and contributes positively to South Africa’s economic and social development through sustainable business practices.
Role Overview
The Financial Accountant will be responsible for managing and executing the full spectrum of financial accounting duties, including the accurate preparation and reconciliation of financial records, oversight of reinsurance functions, and ensuring strict adherence to statutory and regulatory requirements.
This role also supports FEM’s internal and external audits, facilitates effective financial reporting, and contributes to the efficient operation of the finance department through meticulous record-keeping and proactive communication with stakeholders.
Key Responsibilities
- Manage the complete financial accounting cycle, including general ledger reconciliations, journal entries, and month-end processes.
- Oversee and execute reinsurance accounting functions, ensuring compliance with FEM’s policies and the Compensation for Occupational Injuries and Diseases (COID) Act.
- Prepare management accounts, financial statements, and reports for internal and external stakeholders.
- Ensure financial data accuracy, integrity, and timeliness of all financial reporting outputs.
- Collaborate with internal departments and external partners, including auditors, attorneys, and reinsurers.
- Monitor cash flow and contribute to efficient treasury management practices.
- Support financial compliance initiatives and audit readiness activities.
- Assist in refining and maintaining FEM’s financial policies, controls, and operational procedures.
Minimum Requirements
- Education: Grade 12 with a Diploma in Financial Accounting or a B.Com degree (or equivalent qualification).
- Experience: Minimum of 2 years’ experience in financial accounting or general financial administration.
- Technical Proficiency: Skilled in Microsoft Office and accounting systems such as Sage X3, Profem, and Profet.
- Knowledge of financial policies, accounting principles, and reinsurance processes.
- Understanding of relevant sections of the COID Act.
Ideal Candidate Profile
- Education: B.Com Honours in Accounting or equivalent advanced qualification.
- Experience: Prior experience in a financial accounting role within an insurance or financial services environment.
- Skills: Strong analytical, organisational, and problem-solving capabilities with a keen eye for detail.
- Communication: Excellent interpersonal skills with the ability to engage effectively across departments and with external stakeholders.
- Work Ethic: Reliable, professional, and capable of managing pressure in a fast-paced corporate finance environment.
Competencies and Attributes
- Strong numerical and analytical reasoning.
- Integrity and commitment to maintaining confidentiality.
- Ability to work independently while contributing effectively within a team structure.
- Attention to detail and adherence to strict reporting deadlines.
- Commitment to continuous professional development and financial excellence.
Why Join FEM?
- Be part of a leading South African mutual assurance company with over a century of trusted financial service delivery.
- Collaborate with highly skilled financial professionals and contribute to meaningful business outcomes.
- Enjoy a competitive total cost-to-company remuneration package with excellent benefits.
- Thrive in a professional environment that prioritises ethical governance, employee well-being, and long-term growth.
Remuneration and Benefits
FEM offers a competitive total cost-to-company package inclusive of benefits. Compensation is aligned with experience and qualifications, rewarding excellence and commitment to high performance.
How to Apply
Interested candidates are invited to submit a detailed CV and relevant qualifications to FEM’s Human Resources Department before 26 November 2025. Please ensure that your application clearly indicates your suitability for the role based on the requirements listed above.
Applications not meeting the minimum criteria may not be considered. FEM promotes Employment Equity and reserves the right to make an appointment at its discretion.
Final Thoughts
The Financial Accountant position at FEM is a strategic opportunity for finance professionals ready to take their careers to the next level. Based in Rosebank, Johannesburg, this role is ideal for a detail-driven accountant who values accuracy, compliance, and collaboration. If you’re eager to contribute to a company that values integrity, professionalism, and growth, apply today and become part of a financial institution that makes a difference.
