Posted time 2nd October 2023 Location Johannesburg Job type Full-time
  • Experience: 5 years financial management experience in financial services sector
  • Salary: R1.4m negotiable

A well known insurance services company based in JHB North is looking for a Senior Finance Manager

Purpose of the role

  • The Senior Finance Manager will be responsible for the general ledger accounting, taxation, reporting and ad hoc issues.
  • The Senior Finance Manager will be responsible for the day to day financial transactions.
  • Maintaining accurate financial information so that operations can make accurate strategic decisions
  • Budgeting, Forecast, and Strategic Planning.

Minimum Requirements              

Minimum qualifications:

  • B. Com Degree
  • Honours in Accounting
  • CA(SA
  • At least 5 years post qualification experience in a similar position, preferably in insurance or financial services fields.

Duties and Responsibilities        

1. Strategic Alignment

  • Contribute towards the development of company’s strategic plans.
  • Compile and present departmental strategy for Exco review and input into broader organisational strategy.
  • Ensures that financial transactions, policies and procedures meet short- and long-term business objectives and regulatory body requirements.
  • Identification of departmental risks and implementing departmental risk management strategy.

2. Operational

  • Managing the daily finance function including
  • Petty cash management,
  • preparation and reviews of bank reconciliations and all reconciliations.
  • Premiums, claims, fixed assets, reinsurance
  • Managing Payments of claims and invoices.
  • Provides oversight and ensures compliance on company credit card and staff expense claims.]Implement applicable changes in Laws, Regulations and Financial Governance Codes.

3. Budgeting and financial responsibilities

  • Execute the Budgeting and Forecasting process for the company
  • Manage the departmental budget, ensuring expenditure within set parameters.
  • Prepare reports for Board and Board Committee Packs Contribute towards the business Strategic Planning.

4. Statutory Reporting

  • Prepare, coordinate Monthly/ Quarterly/ Annual /Ad-hoc financial reports as required.
  • Preparation of Annual Financial Statements for National Treasury.
  • Preparation of Income Tax and VAT Returns, ensuring accuracy and timely submissions. Attend to all queries to and from SARS. (IT14 / IRP6 etc.).
  • Preparation, coordination and submission of all Regulatory reports for the FSCA and PA.
  • Preparation, coordination and submission of all reports to company shareholders.
  • Preparation, co-ordination and execution of all audits Maintains and builds relationships with internal and external stakeholders.
  • Ensures that the team members are adequately developed and managed proactively to ensure quality delivery.

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