Head : Financial Reporting

Sanlam; Johannesburg; On-site; ZAR 80 000 - 150 000; Full time

Job summary

An established industry player is seeking a Head of Financial Reporting to lead their financial operations in Johannesburg. This pivotal role involves overseeing the preparation of financial statements, managing tax compliance, and ensuring regulatory adherence. The ideal candidate will possess over a decade of experience in financial reporting and IFRS, combined with strong leadership and analytical skills. This innovative firm offers a dynamic environment where your contributions will directly influence the company's financial success. If you are passionate about finance and eager to make an impact, this opportunity is perfect for you.

Qualifications

• 10+ years of experience in financial reporting and IFRS.
• Strong knowledge of tax regulations and compliance.

Responsibilities

• Oversee financial reports, budgets, and forecasts.
• Lead and develop the finance team in a collaborative environment.

Skills

Financial Reporting

IFRS Knowledge

Tax Compliance

Analytical Skills

Problem-Solving

Project Management

Communication Skills

Leadership

Education

Bachelor’s Degree

Post Graduate Qualification

Job description

We have an exciting opportunity for a Head of Financial Reporting at Emerald based in Fourways Johannesburg.

What will make you successful?

The Head of Financial Reporting takes overall responsibility to produce financial reports, financial statements, budgets and forecasts. This role will report directly to the Chief Financial Officer, and responsibilities also include overseeing tax matters, regulatory, investment and projects.

Responsibilities

• Overseeing completion of monthly trial balances, underwriting results and reporting to internal and external parties.
• Reinsurance accounting, including review of reinsurance credit control.
• Reconciliation of IFRS 4 vs IFRS 17 results (transition).
• Overseeing the VAT and income tax payment processes.
• Monthly management accounts preparation and presentation to Exco.
• Review of group reporting financial pack.
• Overseeing Group and internal projects.
• Preparation of annual financial statements.
• Preparation of annual tax return.
• Developing and maintaining budgets and quarterly forecasts.
• Regulatory reporting and compliance.
• Banking and investments – authorization of payments and managing investments.
• Peer Review - Internal review of Underwriting, Claims and SASRIA matters.
• Overseeing External and Internal auditors.
• Leading, overseeing, guiding and developing the finance team in an inspiring environment with open communication culture.
• Discover training needs and provide coaching for the finance team.

Qualifications and Experience

• Relevant bachelor’s degree and post graduate qualification
• Minimum 10 years working experience
• Strong knowledge of financial reporting, IFRS and tax
• Technical skills : short term insurance and reinsurance accounting (non-negotiable)
• SAICA articles would be an advantage

Skill and Competencies

• Excellent ability to problem-solve, along with solid analytical skills.
• Strong level of accuracy and self-review
• Ability to work at the conceptual as well as detailed level.
• Ability to review data and make relevant management decisions.
• Strong organisational and project management skills.
• Excellent verbal and written communication skills, and the ability to communicate effectively at all levels.
• Interpersonal skills, to lead, influence and motivate.
• Leading Self – taking ownership for own performance and decisions.
• High level of self-discipline and responsible individual
• Focused and results-oriented, driven by excellence, and a change agent.