Financial Manager

University of Fort Hare; Johannesburg; On-site; ZAR 800,000 - 1,000,000; Full time

Job summary

A progressive insurance company in Johannesburg is seeking an exceptional Financial Manager to join their executive leadership team. This role involves developing and implementing financial strategies, ensuring compliance with regulations, and managing a high-performing finance team. The ideal candidate must hold a Chartered Accountant CA(SA) designation and possess a minimum of 5+ years of relevant experience. They should also have strong knowledge of IFRS and excellent leadership skills. This is an opportunity to drive financial excellence in a growing organization.

Qualifications

• Must have minimum 5+ years post-qualification experience.
• Strong knowledge of IFRS, Companies Act, and Prudential Authority regulations.

Responsibilities

• Develop and implement financial strategies aligned with organizational objectives.
• Oversee all financial operations and ensure compliance with IFRS.
• Manage cash flow, working capital, and banking relationships.
• Build, mentor, and develop a high-performing finance team.

Skills

Strategic thinking

Leadership

Advanced Microsoft Excel

Analytical capabilities

Communication

Relationship building

Proficiency in ERP systems

High integrity

Education

Chartered Accountant CA(SA) with valid certificate from SAICA

Tools

ERP systems

Financial software

Job description

R 800000 - R 1000000 Annually Cost To Company

Shape the financial future of a dynamic insurance organisation

Our client, a progressive insurance company, is seeking an exceptional Financial Manager to join their executive leadership team. This is a rare opportunity to drive financial strategy and operational excellence in a growing organisation.

• Qualification: Chartered Accountant CA(SA) with a valid certificate from SAICA.
• Experience: Minimum 5+ years post-qualification experience.
• Strong knowledge of IFRS, the Companies Act, and Prudential Authority regulations.

Minimum Requirements

• Qualification: Chartered Accountant CA(SA) with a valid certificate from SAICA.
• Experience: Minimum 5+ years post-qualification experience.
• Strong knowledge of IFRS, the Companies Act, and Prudential Authority regulations.

Key Responsibilities

Financial Strategy & Leadership

• Develop and implement financial strategies aligned with organizational objectives.
• Provide strategic financial input to the CEO and Board of Directors.
• Lead long-term financial planning and capital allocation decisions.
• Identify and evaluate new business opportunities and potential risks.

Financial Management & Reporting

• Oversee all financial operations.
• Management of the reinsurance program.
• Ensure timely and accurate financial reporting in compliance with IFRS and relevant regulations.
• Present financial results and recommendations to the Board and stakeholders.
• Maintain robust internal controls and financial governance frameworks.
• Responsible for the IT environment – improvement, security, support, infrastructure – through outsourced service provider for technical expertise.

Treasury & Risk Management

• Manage cash flow, working capital, and banking relationships.
• Implement comprehensive risk management strategies.
• Ensure adequate insurance coverage and risk mitigation measures.

Compliance & Governance

• Ensure compliance with Companies Act, Tax legislation, and industry-specific regulations.
• Responsible for all statutory returns preparation and submission.
• Main point of contact with the Prudential Authority (Reserve Bank).
• Responsible for review of new Prudential standards and submission of comments thereon.
• Coordinate external audits and liaise with auditors, SARS, and regulatory bodies.
• Responsible for financial statements preparation and audit (internal and external) coordination.
• Maintain corporate governance standards and policies.
• Oversee tax planning and ensure optimal tax efficiency.

Team Leadership

• Build, mentor, and develop a high-performing finance team.
• Foster a culture of continuous improvement and professional development.
• Collaborate effectively with other executives and department heads.

Key Competencies

• Strong strategic thinking and business acumen.
• Excellent leadership and people management skills.
• Advanced excel and analytical capabilities.
• Strong communication and presentation skills.
• Ability to influence and build relationships at all levels.
• Proficiency in ERP systems and financial software.
• High integrity and ethical standards.
• Able to work under pressure.

_Please note that only shortlisted candidates will be contacted