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.
We believe in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success. Sanlam is committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.
Output/Core Tasks
- Cost management and reporting for Business Shared Services (BSS), including monthly variance analysis and cost investigations.
- Admin expense Budgeting (5-year budget) and forecasting.
- Develop and maintain a cost allocation model for BSS.
- Optimise and influence cost efficiencies in BSS.
- Ensure effective controls and procedures are in place in BSS to adhere to the approval framework.
- Processing journals and payments in accordance with the BSS approval framework.
- Understanding and managing cost allocated to BSS.
- Review and optimize BSS charge outs.
- Monitoring and reporting of expense relating to projects in the BSS environment (incl. longer term projects).
- Relationships with BSS operational managers.
- Maintaining and consolidating the risk schedules on B-wise. Maintain and update the Risk appetite report. Presentation at the quarterly Risk Forum.
- Solving financial enquiries and problems on time and in an effective manner.
- Coordinate BSS input for the quarterly Sanlam Life Retail TCF report and address outstanding feedback items.
- Sign off on BSS trail balances
- Manage open items on reconciliation and control accounts
Role Requirements:
- Degree with Financial Accounting as major
- 3 - 5 years experience in a financial reporting environment
- Practical accounting experience.
- SAP 4 Hana GL experience.
- Experience in multiple stakeholder engagement.
- Cost management experience
- Computer skills (Excel advanced level)
- Strong cost accounting knowledge and abilities.
- Good and proven business acumen.
- Good understanding of Information Technology
- Decision quality
- Analytical thinking
- Cultivates innovation
- Concern for accuracy
- Plans and aligns
- Collaborates
- Persuades
- Being resilient
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: 26 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.
