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Finance Manager (Finance Manager )

Overview

Reference
Finance Manager

Salary
ZAR/month

Job Location
- South Africa -- Johannesburg Metro -- Johannesburg

Job Type
Permanent

Posted
11 June 2024


Our client is looking for a Finance Manager with actuaries experience to drive and oversee financial activities for the business by providing professional and ethical financial practices that are aligned with business strategy and ensure sustained profitability of the business.

Responsibilities:

  • Keep abreast of trends, legislation and best practices within the financial management field in order to optimise service offering and delivery.

  • Collaborate with senior management to implement short and long-term strategic financial objectives and operating strategies for the business, in line with the overall business strategy, as well as the overall financial strategy of the Group.

  • Drive implementation of effective and efficient futuristic financial modelling in support of the business strategy and new business ventures.

  • Support the development of new business initiatives by studying economic trends and revenue opportunities, unpacking the financial implications and make recommendations regarding the financial viability of new business.

  • Support the evaluation and reporting on the financial impact and requirements of long range planning, introduction of new products/business and regulatory environment to support the realization of the business strategy.

  • Provide insights regarding financial implications of business activities, and provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.

  • Provide recommendations to strategically enhance financial performance and business opportunities.

  • Provide insights all aspects of the finance functions (accounting, tax, capital management etc.), ensuring healthy financial management across the Africa business.

  • Build and maintain effective business relationships with Group Finance to manage service delivery in line with business expectations and requirements.

  • Drive compliance with finance governance principles and structures within the business in line with finance best practice (GAAP, IFRS etc.).

  • Manage and minimize the company’s financial risk exposure by maintaining and improving systems of internal controls, liaising with Risk Management functions as appropriate.

  • Support the planning and management of internal audit activities in collaboration with the risk team.

  • Support continuous improvement efforts by managing the identification of opportunities, cost reduction, improvements and systems enhancement.

  • Provide proper financial estimations and impact analysis in support of all new initiatives and business cases.

  • Support a budget process that reflects the outcomes of business strategies through scenario analysis that empowers the business.

  • Provide financial insight to business, based on past trends and future predictions, linked to key business drivers and impact on results.

Key Skills:

  • Strategic thinking, planning and execution.

  • Ability to develop significant networks, working with a range of stakeholders and playing a key collaboration building role.

  • Commercial/Business acumen with a background of delivery and the ability to recognise and capitalise on commercial opportunities.

  • Well-developed planning and organising ability with strong problem solving and judgement skills.

  • Flexibility to adapt to different cultural settings across the globe.

  • Reporting and interpretation.

  • High work standards and business ethics.

  • Minimum of 5 years; post qualification experience in financial management

  • 2-5 years practical business experience in a senior management or leadership role

  • Must have a solid, in depth understanding of the insurance / financial business environment, processes, legislative and industry requirements

  • In depth understanding of insurance reporting standards including IFRS 17

  • Rest of Africa experience/exposure

  • Actuarial environment exposure will be an advantage

Qualifications:

  • Post graduate qualification in Accounting [CA(SA)] or Actuarial Science

  • MBA


Contact information

Tamlyn Redmond