What will you do?

Role and responsibilities

Financial Control & Close

• Oversee the accuracy of information for preparation of financial statements, ensuring compliance with IFRS.
  Ensure timely, accurate and transparent month-end, quarter-end, and year-end closings.
• Coordinate internal and external audits and liaise with auditors to ensure compliance and address any issues.
• Document internal control policies and procedures well (general close, reconciliations, inter-company, etc.)
• Effective management of the financial close process and activities.
• Ensure appropriate clearing of control accounts, reconciliations, etc.
• Manage master data changes (e.g. chart of accounts).
• Managing the taxation affairs and processes of the business (incl. corporate income tax, dividends tax, VAT).
• Liaising with internal tax experts across the Sanlam Group for specialist advice.
• Ensure compliance with tax laws and prepare tax returns.
• Identify, monitor and managing financial risks, ensuring effective mitigation strategies are in place.
• Conduct regular reviews and assessment of the adequacy of internal financial controls (IFCs) and the corresponding risk and control matrices (RACMs), including recommendations for improvements.
• Manage a proactive control monitoring process.

Budgeting & Forecasting

• Ensure a smooth target setting process with involvement of appropriate decision-makers.
• Ensure budgets are designed to meet the business plan targets and KPIs by clearly defining business drivers and underlying non-financial information that drives the financials.
• Ensure that the budget framework/principles prescribed by Group Finance is adhered to.
• Refresh forecasts to align to current performance and economic and commercial impacts (as required) on a periodic basis throughout the year, i.e. monthly, quarterly, annually.
• Ensure effective processes for tracking and improving forecast reliability.
• Support senior executives to make sound business decisions in the long and short term, through analytics driven insights.

Reporting

• Managing and overseeing the company’s financial systems.
• Actively drive financial reporting to meet prescribed organisational and regulatory deliverables and timelines.
• Drive system process efficiency improvements including the use of available Business Intelligence (BI) tools, and the design/ redesign of reports as needed.
• Identify and mitigate risks associated with financial reporting and data management.
• Collaborate across functions, including finance, tax, actuarial, treasury, IT and business units, to ensure the accuracy and relevance of management reports.
• Maintain business rules, chart of accounts and balance sheet accounts.
• Perform financial analysis of key business drivers and provide commentary on business performance and insights on future trends within the organisation.
• Active expense management.
• Analyse data and forecasts and provide reports with recommendations that enables accelerated decision-making by senior management and EXCO.
• Prepare valuations of non-life business line for reporting to the asset valuations committee (SNLACB).
• Coordinate and prepare reports to the Audit Committee and Board.
• Prepare annual financial statements (including disclosure) and the reporting packs.
• Adhere and promote sound governance principles, including the requirements of King IV and the Companies Act.
• Provide 1st line risk management support to ensure the business has a robust risk framework in place and proactively manage internal and external risk to the company.
• Update the CURA risk register quarterly.

Collaboration and relationship building

• Facilitate collaboration across departments within SFT, across the Finance community within the greater Sanlam Group and with Multichoice stakeholders, where necessary.
• Responsible for building and maintaining relationships with key stakeholders.
• Involvement in business-critical projects such as the transition of NMS Insurance Services from the MultiChoice environment to Sanlam as appropriate.
• What will make you successful?

What will make you successful in this role?

• Owns business unit and team objectives and key results (OKRs), by playing an integral part in developing and implementing the Finance OKRs that support the business OKRs.
• Being a team player and getting satisfaction from seeing the team succeed.Â
• The team’s success is my success.
• Owns problems that require coordination across multiple teams, roles and/or individuals.
• Encourages and facilitates creative problem-solving across teams, fostering collaboration to tackle complex challenges with limited resources.
• Independently discovers, scopes and breaks down complex impactful work for self and others, ensuring accountability and inspiring ownership for team outcomes, whilst leading by example during execution.
• A positive, client centric and growth mindset, proactively seeking self-development opportunities to increase impact through quality service delivery.
• Continuous pursuit of innovative solutions.
• Promote and uphold the brand, culture and values.
• Embodying the values of honesty and integrity.

What will you enjoy?

• Participating in and support with embedding a high-performance culture where ownership, speed and agility is required to make an impact and the knowledge that your contribution is valued.Â
• Learn from organisational experts and having access to a network of seasoned professionals to leverage expertise from.
• Diving into projects that touch the lives of millions. Making a real difference in the lives of people through financial inclusion and education.

You’ll be the best candidate if you have

Qualifications

• CA (SA) Qualification
• Experience in managing finance delivery

Experience

• Minimum 8-10 years senior management experience within the Financial Services Industry.
• Excellent leadership, communication and interpersonal skills (influencing and relationship building).
• Strategic thinker with the ability to translate complex data into actionable insights.Â
• Strong analytical and problem-solving skills.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Detail-oriented with a commitment to accuracy and pride in quality product delivery.
• Excellent team player with a collaborative approach to working with cross-functional teams.