Financial Manager

FirstRand Short Term Insurance; Johannesburg; On-site; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Networking opportunities

Challenging, progressive environment

End-to-end ownership of initiatives

Job summary

FirstRand Short Term Insurance in Johannesburg seeks a Financial Manager to lead costing, budgeting, and financial reporting across product lines and cost centres. You will collaborate with stakeholders to improve data accuracy and drive cost efficiencies.

Proficiency in Essbase and HFM will be leveraged to source and analyse financial data. The role requires CA(SA) with up to 5 years post-qualification, a strong academic record, and readiness for a permanent position in a dynamic, agile

Qualifications

• Fully qualified CA(SA).
• Experience in costing and budgeting.
• IFRS17 understanding or exposure is highly advantageous.
• Experience in insurance sector is advantageous.

Responsibilities

• Prepare, analyze, and allocate costs across products, BU and cost centres for reporting and decision-making.
• Assist with budget preparation, monthly cost reporting, variance analysis, and forecasting.
• Improve costing methodologies, data accuracy, and identify cost-saving opportunities.
• Monthly reporting on insurance portfolio and financials, including flash reports and CEO updates.
• Prepare and present monthly updates to stakeholders.

Skills

Excel

PowerPoint

Financial analysis

Costing

IFRS17 understanding

Data accuracy

Communication

Education

CA(SA)

Tools

Essbase

HFM

Job description

Financial Manager

Job Description To collaborate with business stakeholders to provide financial expertise, insights, and guidance while designing and improving financial processes that ensure consistent, efficient, and value-driven delivery of financial services. Hello Future, Financial Manager, Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our team in FNB Short term Insurance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Responsibilities

• Prepare, analyze, and allocate costs accurately across products, business units, and cost centres to support financial reporting and decision-making.
• Assist with budget preparation, monthly cost reporting, variance analysis, and forecasting to ensure effective cost management.
• Work with business stakeholders to improve costing methodologies, enhance data accuracy, and identify cost-saving opportunities.
• Do monthly reporting on insurance portfolio and financials: Prepare and report on the operational and financial performance, including the flash report and CEO updates.
• Gain exposure to the budget process and contribute to the preparation of the budget presentation.
• Use Essbase and HFM systems to source financial data for recording and analysis.
• Approve invoices related to the short-term entity.
• Collaborate with stakeholders to provide financial insights and guidance that influence operational and general decision-making.
• Regularly assess your own performance, actively seek feedback, and request training as needed.
• Participate in fostering a development-oriented culture by sharing information on successes, issues, trends, and ideas.
• Prepare and present monthly updates to relevant stakeholders.

Qualifications

• Fully qualified CA(SA), ideally 0 - 5 years’ post-qualified however all candidates will be considered equally on their own merits.
• Exceptional academic track record (track record of excellence from matric through to CTA, academic articles and board exams).
• Key skills and experience: Experience in costing, highly advantageous IFRS17 understanding or exposure, highly advantageous Exposure to the insurance sector, advantageous Essbase working experience, advantageous HFM working experience.
• Advantageous Articulate in speech, and in written English, when expressing opinions.
• An excellent and thorough researcher.
• Personality And individual who is looking for longevity in a permanent role.
• Self-starter with a passion for their career and their own self-development.
• Candidates who are looking for a flexible and modern environment.
• Patient as the role mainly depends on others to provide information and data.
• Proficiency in excel and power point.

Benefits

• Opportunities to network and collaborate.
• A challenging working environment that is progressive and agile.
• Opportunities to innovate where initiative is taken and owned end to end.

Ideal Fit

• Adaptable and curious.
• Analyse complex data sets.
• Thrive in a collaborative environment.

Closing Date

Important Closing Date Note: Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 17/10/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan.

The bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services. The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group’s track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.