Financial Portfolio Manager

Sanlam; Sandton; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading investment firm in South Africa seeks a financial manager for a 12-month Fixed-Term Contract role. You will manage the financial portfolio of SAREA, ensuring compliance and enhancing financial controls across various entities. A qualified CA with 3-5 years of experience is required. The role involves overseeing treasury management and liaising with tax advisors to guarantee compliance. This position offers an opportunity to contribute to impactful financial decision-making.

Qualifications

• 3 to 5 years related experience.

Responsibilities

• Manage financial portfolio of SAREA and support executive decision-making.
• Improve internal financial controls and manage outsourced relationships.
• Oversee treasury and ensure liquidity across entities.
• Coordinate with tax advisors for compliance.

Skills

Financial Analysis

Financial Information Review

Financial Reporting

Financial Planning and Recommendations

Financial Controls

Education

Qualified CA

Job description

Who are we?

Sanlam Investment Group

The Sanlam Investment Group is uniquely equipped and positioned to deliver on its purpose of empowering generations to be financially confident, secure and prosperous. Through our vast in-house expertise and strategic partner networks, we can access all asset classes across the globe, private and public, actively and passively managed, to develop investment solutions that are in our clients’ best interests and have a positive impact on society. Backed by the Sanlam Group’s balance sheet, the Sanlam Investment Group has a true competitive advantage in its ability to invest alongside clients, particularly in private markets where impact investing drives the agenda.

The Sanlam Investment Group is one of the largest, most diversified financial services and investment firms in Southern Africa with assets under management and administration of more than R2 trillion. It is a B-BBEE level 1 contributor and one of the largest black-empowered asset managers on the African continent.

Sanlam Alternative Investments (SAI)

The purpose Sanlam Alternative Investments (SAI) business is to help build the African continent and make a real sustainable difference in the emerging economies in which we operate in, aligning to the Sanlam Group’s mission of financial inclusion. The SAI business has a broad range of capabilities that include Private Equity, Specialised Finance, Property, Infrastructure and Partnerships. Sanlam is the biggest non-banking financial institution on the continent, operating in Africa for over 100 years.

What will you do?

This is a 12-months Fixed-Term Contract role. Responsible for the financial portfolio management of SAREA including valuations, financials, treasury and regulatory reporting for the vehicle which it advises, Sanlam Africa Core Real Estate Investments Limited (SACREIL), domiciled in Mauritius and its subsidiary entities and entities in which SACREIL has an ultimate ownership stake, to contribute to, and support the financial decision-making process of the SAREA executive team and board.

Key Responsibilities include :

1. Financial Management of SAREA :

The day-to-day financial management of SAREA is outsourced to Sanlam Investments (SI) Finance team. The role will involve managing the relationship with SI Finance including :

• Reviewing monthly accounts and ensuring monthly reporting
• Preparing the annual budget and updated forecasts
• Quarterly management reporting to the SAREA Board and SI Alternatives Exco

2. Outsourced Financial Management of SACREIL :

SACREIL does not have employees and is managed by its Board, assisted by the ARMC, with certain functions outsourced to SAREA, ITL, and Lango Real Estate. The role requires improving internal financial controls and managing relationships with these entities regarding :

• Management accounts, including subsidiaries and investment entities
• Quarterly internal valuations of the property portfolio
• Quarterly financial reporting to ARMC and SACREIL Board
• Preparation of quarterly published accounts
• Reviewing advisory fee calculations and dividend policies
• Liaison with auditors and tax advisors
• Consolidation of accounts into Sanlam Group reports

3. Treasury Management :

Oversee the Group’s treasury to ensure liquidity and cash flow management across entities, including :

• Meeting cash needs of all entities
• Debt covenant compliance
• Loan interest and capital repayments management
• Negotiating with lenders

4. Tax management and compliance

• Coordinate with tax advisors and oversee tax submissions

5. Asset Management and Operations :

Portfolio Valuation :

• Oversee external valuation processes
• Prepare quarterly internal valuations

Leasing :

• Support leasing strategies and negotiations

Arrears Management :

• Manage debtors and legal processes

Contractual Compliance :

• Ensure compliance and asset insurance coverage

What will make you successful in this role?

Knowledge and Skills

• Financial Analysis
• Financial Information Review
• Financial Reporting
• Financial Planning and Recommendations
• Financial Controls

Qualification and Experience

Qualified CA with 3 to 5 years related experience.

Personal Attributes

• Effective communication
• Decision-making quality
• Managing complexity
• Planning and alignment

Build a successful career with us

We’re committed to employee growth and development across our various business clusters, providing opportunities to realize your potential.

Core Competencies

• Resilience
• Collaboration
• Customer focus
• Innovation
• Results orientation

Turnaround time

The shortlisting process begins after the application deadline. The duration depends on the number of applicants and managerial availability.