Finance Business Partner : Balance Sheet and Operation Expense Management

Afrizan Personnel; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A prestigious insurance client is seeking a highly analytical Finance Business Partner for Balance Sheet and Operational Expense Management in Johannesburg. The ideal candidate will have a CA(SA) qualification and at least 3 years of leadership experience in the insurance industry. Responsibilities include overseeing Opex reporting, managing budget processes, and ensuring compliance with financial controls. This permanent role offers a chance to impact financial operations in a dynamic environment.

Qualifications

• Minimum of 3 years' leadership experience in insurance.
• In-depth knowledge of financial and management accounting, including IFRS 17.
• Technical skills in accounting systems and budgeting.

Responsibilities

• Oversee Opex reporting process and cost centre allocations.
• Provide strategic support to executive stakeholders.
• Manage budgeting and forecasting processes for support areas.

Skills

Strong technical insurance accounting knowledge

Advanced reporting skills

Relationship management

Attention to detail

Excellent communication

Education

CA(SA) qualification

Tools

Great Plains

Power BI

Job description

Overview

Are you a strategic finance professional ready to lead operational expense and balance sheet excellence?

A prestigious client in the insurance sector is seeking a highly analytical Finance Business Partner : Balance Sheet and Operational Expense Management to support executive leadership and play a key role in financial decision-making. Based in Parktown, this permanent position offers the opportunity to be at the heart of financial operations in a fast-paced, high-performance environment.

The ideal candidate will bring strong technical insurance accounting knowledge, advanced reporting skills, and experience managing relationships across senior leadership levels.

Key Responsibilities

• Oversee the full Opex reporting process, including accurate journal entries and cost centre allocations
• Provide strategic support to executive stakeholders, enabling cost optimisation and tracking delivery of savings
• Manage the budgeting and forecasting processes for support areas
• Maintain and review the fixed asset register, PO allocations, and Delegation of Authority (DOA) updates
• Own and manage the IFRS17 Opex allocation model and coordinate delivery with actuarial teams
• Lead the balance sheet management process, including reconciliations, risk mitigation, and standard operating procedures
• Ensure compliance with financial controls, including provision for receivables
• Produce consolidated financial reports, including income statements, balance sheets, and cashflow statements
• Serve as the key liaison for audit, risk management, accounting policies, and governance processes

Qualifications

• CA(SA) qualification with a minimum of 3 years' leadership experience in insurance
• In-depth knowledge of financial and management accounting, including IFRS 17
• Strong technical skills in accounting systems, budgeting, forecasting, and variance analysis
• Advanced MS Office skills; experience with Great Plains and Power BI advantageous
• Strong relationship-building skills with the ability to influence and drive change
• Knowledge of insurance regulatory frameworks and system integration
• High attention to detail, excellent communication, and ability to manage multiple priorities

EEO Disclaimer

All positions will be filled in accordance with the company's Employment Equity plan. We encourage people with disabilities to apply.

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