The Sanlam Retail Affluent business (SRA) is dedicated to empower South Africans in the middle- and upper-income segments to be financially confident, secure and prosperous. With deep client understanding and a focus on excellence in technology, client and intermediary experiences, SRA delivers financial solutions including comprehensive financial planning, life- and disability insurance, credit solutions, savings and investments, retirement and fiduciary services that can be accessed through various platforms.
What will you do?
This position reports to and supports the Retail Affluent Senior Finance Manager responsible for Operations. The role is responsible for managing of and reporting on the business financial targets, ensuring ongoing operations are financially sound, gather information for reporting purposes and operates within the RA governance framework.
What will make you successful in this role?
- Supporting the Snr Finance Manager: Operations and business financial reporting functions with relevant reporting responsibilities, including data.
- Operational expense management and reporting of business cost centers.
- Support with budgeting (5-year budget) and forecasting.
- Expense management for various businesses, including Actuarial, BI, Governance and Regulatory
- Review to optimize, implement changes and maintain cost allocation models for mentioned departments.
- Charge-out checks outgoing and incoming for mentioned departments, including CX.
- Supplying all cost MI (including IT) requests that relates to mentioned departments.
- Authorise implementation and administration of payments for the divisions the role will support.
- Monthly reconciliation reporting to Management.
- Responsible for month-end processes and gather information for reporting (including MIS / data analysis).
- Accounting assistance to Management.
- Liaison with internal and external stakeholders.
- Analysing and report on budget variances.
- Pro-active detection, management and reporting of risks
- FSC and Skills Development reporting and target tracking
- Ensuring adherence to approval frameworks
- Grade 12
- B Com Accounting
- A CA qualification would be beneficial, but not a requirement
- 5 years relevant finance / insurance industry experience
- Financial Reporting & Cost management
- SAP S4/HANA experience preferable
- IFRS 17 Reporting knowledge
- Cultivates Innovation
- Customer Focus
- Drives Results
- Collaborates
- Being Resilient
- Plans and aligns
- Decision quality
- Communicates effectively
- Persuades others
- Financial acumen
- Situational adaptability
Were all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its four business clusters Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Closing date: 17 May 2023
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
