Senior Financial Manager Johannesburg

Ba Personnel; Johannesburg; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading company in the Insurance sector is seeking a highly experienced Senior Financial Manager. This role involves strategic financial analysis, IFRS compliance, and leadership of financial operations. The ideal candidate will have extensive experience in financial services and a proven track record in managing diverse teams to achieve business objectives.

Qualifications

• Minimum 8 years' experience as a Senior Management Accountant.
• At least 5 years of managerial experience.

Responsibilities

• Undertake strategic financial analysis to support decision-making.
• Manage compliance with IFRS and other regulations.
• Lead data and analytics reporting initiatives.

Skills

Financial Analysis

IFRS Compliance

Financial Modeling

Leadership

Education

Senior Management Accountant

Job description

Introduction: BA Personal is a specialist in our field of expertise with extensive experience in placing niche and specialized roles both nationally and globally, known for attracting and representing high-caliber candidates.

Our clients are diverse leaders in their respective industries and represent all business sectors. This is an excellent opportunity for a highly experienced SENIOR FINANCIAL MANAGER, with IFRS experience being essential. The role is within the Insurance sector.

Responsibilities & Duties

1. Undertake strategic and tactical financial analysis, modeling, and evaluation to support business leaders in decision-making.
2. Assist in structuring new commercial deals, considering optimal TIH profit requirements while satisfying partner relationships and expectations.
3. Post-project implementation tracking and reporting.
4. Raise post-project flags with relevant stakeholders and assist with implementing corrective actions within the SLA.
5. Manage the project review process; provide accurate information and recommendations to stakeholders for progress evaluation and change agreement.
6. Act as custodian of STI business cases' financial modeling to evaluate feasibility using tools like NPV, IRR, etc., and provide recommendations to senior management.
7. Lead ad-hoc analytical and modeling work to provide insights into critical decision factors.
8. Ensure timely hand-over of new business reports.

Financial Management and Control

1. Manage significant portions of the organization’s financial management and control processes, including strategic investments.
2. Oversee compliance of legal entities with IFRS and other regulations, identifying areas for improvement.
3. Ensure accurate and up-to-date financial records and correct documentation of transactions.
4. Review monthly, quarterly, and annual financial statements for IFRS compliance.
5. Manage and submit quarterly and annual returns to regulatory bodies such as the Prudential Authority.
6. Manage organizational budgets for capital forecasting and group capital management.

Financial Policies, Guidelines, and Protocols

1. Develop and deliver financial guidelines and protocols to ensure regulatory compliance and good practices.
2. Lead development of financial policies within your specialization, ensuring adherence to regulations and standards.
3. Stay updated on international reporting standards and legal frameworks.
4. Align finance practices with regulatory and legal requirements.

Leadership and Management

1. Communicate actions needed to implement the function's strategy, aligning with the organization’s mission, vision, and values.
2. Motivate teams to achieve local business goals and perform extraordinary work.
3. Manage and report on the performance of a diverse team; set objectives and ensure accountability.
4. Advise on corrective actions to meet business objectives.
5. Handle staff resourcing, succession planning, management, and development to support service delivery.

Audit

1. Develop and deliver audit control plans in collaboration with senior colleagues.
2. Manage the external audit process, including planning, communication, and sign-off of findings.
3. Coordinate with finance, audit, and business teams to meet audit deliverables and respond to findings.

Insights and Reporting

1. Lead data and analytics reporting initiatives, creating strategies and templates for meaningful reports.
2. Present insights and recommendations to internal and external stakeholders.
3. Provide STI-level FP&A insights and support the head of FP&A with report updates and variance analyses.
4. Collaborate with Finance Operations to improve reporting processes and tools.
5. Deliver high-quality ad-hoc analyses as needed.

Qualifications & Experience

• Minimum 8 years' experience as a Senior Management Accountant.
• At least 3 years' experience in business operations.
• Over 5 years' post-articles experience outside of auditing.
• Experience in Financial Services or Insurance sectors is advantageous.
• At least 5 years of managerial experience.