At Sanlam 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
- Take overall responsibility of the expense and balance sheet accounting function for SanlamConnect.
- Lead and develop the operational support finance team.
- Ensure budgeting processes are carried out and co-ordinated within the timeframes and financial appetite in relation to sales and distribution.
- Compile monthly management reports against financial management performance standards used within the industry.
- Produce and present financial data as required.
- Provide financial (variance analysis) advice to internal and external customers, in a timely and courteous manner.
- Recognize financial trends and utilize findings to support forecasting, budget and recommend remedial actions.
- Ensure compliance towards internal audit requirements of all statutory accounts and adhere to Group policies in the ambit of the financial function.
- Liaise with the external and Internal audit on relevant matters regarding financial reporting.
- Conduct risk management with focus on current and emerging risk with financial implications.
- Co-ordinate, update and manage risk management artifacts.
- Provide relevant support to financial regulatory requirements including POPIA and TCF.
- Adhere to risk management policy and necessary escalation of key risk per the Risk Management framework.
- Develop, implement, and maintain SanlamConnect risk policies and review on a regular basis.
- Establish and maintain a high level of credibility and manage strong working relationships with wider Finance community, SanlamConnect Finance, EXCO parties, including a balanced approach in senior and operational level engagements.
- Provide leadership and direction to the operational General Ledger controls and maintenance.
- Optimize and improve financial control environment.
- Deliver on cost reduction commitments through the identification and tracking of initiatives.
- Implement efficiencies, standardized tools, practices, and procedures shortening the month end process and budget processes.
- Link financial and non-financial information to provide business insights.
- Coach, develop, motivate, and grow employees in identifying and selecting relevant training opportunities for each employee.
- Conduct performance management and reviews for the team.
Role Requirements:
- B.Com Hons degree with major in Accounting and Cost Management.
- SAICA Articles or Qualified Charted Accountant or CIMA graduate.
- 5 years relevant experience within a financial management and risk capacity.
- 3 years experience within the long-term Insurance Industry will be advantageous.
- Exposure in leading a team within a finance environment will be advantageous.
- Sound knowledge of sales, distribution, and risk management practices.
- Good understanding of Long-Term Insurance Act and FAIS requirements.
- SAP
- Commercial acumen which includes financial accounting principles in line with IFRS.
- Customer focus
- Collaborates
- Drives results
- Resilience
- Cultivates innovation
- Communicates effectively
- Ensures accountability
- Decision quality
- Financial acumen
- Plans and aligns
- Balances stakeholders
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: 15 September 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.
