Finance Business Partner (Bellville) MMH250516-2

Metropolitan; Bellville; On-site; ZAR 500 000 - 800 000; Full time

Job summary

A leading company in the insurance sector seeks a Financial Manager to enhance business performance through financial analysis and insights. The role involves managing budgets, developing partnerships with business leaders, and ensuring compliance with financial regulations. Candidates should have a degree in Finance or related fields and 3-5 years of experience in financial management.

Qualifications

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

Responsibilities

• Develop partnerships with business leaders to understand finance needs.
• Analyze financial data and forecasts to support strategic planning.
• Manage the budget for the area and ensure compliance with regulations.

Skills

Financial analysis

Data insights

Financial management

Client relationship management

Risk management

Education

Degree in Finance, Management, Accounting, or related field

Registered Chartered Accountant

Job description

Role Purpose

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

Requirements

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

Duties and Responsibilities

Internal Process

• Stay updated on trends, legislation, and best practices in financial management to optimize service delivery.
• Develop partnerships with business leaders to understand their finance needs and gain business insights.
• Collaborate to set financial objectives and develop models aligned with overall business strategy.
• Assess financial implications of new initiatives and contribute to business case development ensuring financial soundness.
• Manage financial information requests, providing meaningful analysis to support decision-making.
• Analyze financial data, forecasts, and scenarios to support strategic planning.
• Oversee delivery of financial analysis and reporting, including KPI measurement and interpretation.
• Prepare management reports and recommend actions.
• Identify opportunities for cost reduction, process improvements, and system enhancements.
• Support operational and strategic decisions with financial insights.
• Manage operational financial activities effectively.

Client Services

• Build and maintain strong relationships with clients and stakeholders.
• Develop service level agreements to ensure clear communication and high-quality service.
• Drive improvements in client service and fairness.
• Use client feedback to enhance processes and systems.
• Foster a culture of rewarding relationships and exceptional service.

People

• Maintain collaborative relationships with peers, clients, and stakeholders.
• Participate actively in change initiatives.
• Continuously develop professional and industry knowledge.
• Innovate by sharing and implementing new ideas.
• Take ownership of career development.
• Manage time efficiently to maximize productivity.
• Keep technical and legislative knowledge current to propose relevant solutions and ensure compliance.
• Be self-motivated, confident, and goal-oriented.

Finance

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