Finance Business Partner (Bellville)

Momentum Group Limited; Bellville; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services company in South Africa seeks a Financial Manager to partner with business areas, providing financial analysis and insights to drive performance. The role requires a degree in finance and experience in financial management within the insurance sector.

Qualifications

• 3-5 years in financial management in an insurance environment.
• Knowledge of the insurance and investment industry.

Responsibilities

• Analyze financial data to support decision-making and long-range planning.
• Develop partnerships with business leaders to determine finance requirements.
• Manage operational financial activities execution.

Skills

Financial Management

Data Analysis

Client Relationship Management

Education

Degree in Financial, Management, Accounting

Registered Chartered Accountant

Job description

Metropolitan is one of the oldest financial services brands in South Africa. With a 125-year legacy of serving the communities in which it operates, Metropolitan represents true empowerment in serving Africa's people through affordable financial solutions that create financial growth and security. Metropolitan operates in South Africa, but the brand is also present in 7 African countries including Namibia, Botswana, Kenya, Ghana, and Lesotho. Metropolitan provides financial wellness solutions that meet the needs of low-income clients, including funeral insurance, health, savings, hospital cash-back cover, retirement solutions, and life insurance. www.metropolitan.co.za

Disclaimer: As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

Partner with the designated business area to support, advise, and guide business decision-making through financial analysis, data, and insights, providing holistic finance solutions that drive business performance.

Requirements

• Degree in Financial, Management, Accounting, or related field
• Registered chartered accountant with the South African Institute of Chartered Accountants or management accountant Chartered Institute of Management Accountants (Desirable)
• 3-5 years in financial management in an insurance environment
• Knowledge of the insurance and investment industry

Duties & Responsibilities

Internal Process

• Keep abreast of trends, legislation, and best practices within the financial management field to optimize service delivery.
• Develop partnerships with business leaders to determine their finance requirements and obtain insightful business understanding.
• Collaborate with business leaders to formulate short and long-term financial objectives and models, aligned with overall business strategy.
• Partner with business leaders to assess financial implications of new initiatives and provide input on business case feasibility.
• Contribute to developing financially sound business cases for new initiatives.
• Manage requests for financial information and analysis, providing meaningful insights.
• Analyze financial data to support decision-making and long-range planning.
• Oversee financial analysis, forecasting, and scenario planning based on business needs.
• Provide insights to business leaders for interpreting financial analyses and forecasts.
• Identify and measure key financial KPIs supporting strategic objectives.
• Drive KPI reporting and ensure accurate, meaningful measurements are available for the business.
• Prepare management reports and recommend actions where necessary.
• Support continuous improvement efforts through opportunities identification, cost reductions, and system enhancements.
• Support operational and strategic decisions with financial analysis and data.
• Manage operational financial activities execution.

Client Services

• Build and maintain relationships with clients and stakeholders.
• Develop service level agreements and standards to ensure clear communication and information sharing.
• Drive improvements in client service and fair treatment within the area of responsibility.
• Incorporate client feedback into process and system enhancements.
• Contribute to a culture of rewarding relationships, feedback, and exceptional service.

People

• Develop collaborative relationships with peers, clients, and stakeholders.
• Participate positively in change initiatives.
• Continuously develop professional, industry, and legislative knowledge.
• Share and implement innovative ideas.
• Own career development and growth.
• Manage time efficiently for productivity.
• Maintain current technical and legislative knowledge for relevant client solutions and compliance.
• Be self-motivated, confident, and goal-oriented.

Finance

• Control the budget for the area, including expenditure authorizations and compliance with financial regulations.
• Implement and monitor financial risk management systems and methodologies.
• Investigate non-compliance acts and report findings.

Competencies

• Examining Information
• Developing Expertise
• Providing Insights
• Developing Strategies
• Meeting Timescales
• Checking Details
• Following Procedures
• Upholding Standards