Head Gi Financial Reporting

Sanlam; Gauteng; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A leading financial services group in South Africa is looking for a qualified Chartered Accountant to oversee financial reporting for the Group Insurance Cluster. The ideal candidate will have extensive experience in accounting and be bilingual in French and English. Responsibilities include ensuring compliance with IFRS and optimizing financial processes. This role offers great opportunities for personal and professional growth.

Qualifications

• 10+ years of practical accounting / insurance experience.
• Bilingual in French and English would be beneficial.

Responsibilities

• Accountable for financial reporting accuracy and completeness.
• Manage financial close process including planning and project management.
• Strengthen intercompany processes and supervise annual financial statements.

Skills

Knowledge of IFRS

Team leadership

Analytical skills

Education

Chartered Accountant or degree in economics

Master's in management control, audit or information systems

Job description

Who are we?

At SanlamAllianz, we are proud of being the largest Pan-African, non-banking financial services organization on the continent.

Our dynamic operations span across 27 African countries (excluding South Africa), and our business is focused on life insurance, general insurance, retail credit, health, bancassurance, and asset management.

Our core values - Innovation, Care, Integrity and Collaboration - guide our vision of distinguishing ourselves as the most admired financial services group in Africa.

We nurture a high-performance, energising and engaging culture.

Why?

Because we, as employees of SanlamAllianz, understand the importance of feeling cared for, empowered, challenged to produce our best work and live with confidence.

What will you do?

You will be accountable and responsible for the accuracy, completeness, correctness and on-time financial reporting for the SAZ GI Cluster (end-to-end ownership).

Specifically accountable and responsible to the Cluster CFO for supporting all aspects of the Group Financial Reporting process, including the submission of the group reporting instructions, the project management of the reporting process, the compilation and submission of the Cluster results, satisfactory resolution of all queries and all related ancillary aspects such as, the management of the compilation process for preparing the periodic financial statement disclosure notes.

All activities are executed with and through the Tier leadership team.

What will make you successful in this role?

Deliver high quality and timeous Financial ReportingEnsure the establishment of effective in-country reporting under IFRS as per JV standards and policy;Streamline the reporting process from entities to the hub and into the Group reporting tool (HFM);Ensure internal financial controls and financial IFRS compliance, as well as, ensure that all relevant Group Accounting policies are adhered to in our countries as well as at the hub;Overall ownership of the planning, project management and coordination of the Cluster's Financial Close process including aspects such as, and the planning of the closing calendar and the work executed for reporting;Ensure timely reporting;Ensure proper review and control over the numbers reported for the GI Cluster ;Take full ownership of the GI Cluster results on Group Tools (e.g. HFM, TM1) including collaborating with SAZ Central team on consolidation topics (examples : ensuring the consolidation team receives the correct data, in the correct format, on time, to be able to perform the consolidation entries correctly. Take full ownership of the final Consolidated Cluster results produced by Group in terms of being responsible to fully explain these results and the changes that take place there-in. Through-out

• , continue to take increased responsibility for the actual performance of the GI Cluster consolidation.).

Strengthen the intercompany processes;Effectively and efficiently resolve emerging financial reporting problems such as, SOCE;Support of key in-country accounting matters e.g. merger accounting;Supervise the completion of annual financial statements (AFS) in-country by the agreed Group deadline; andEnsure timely sign-off on audits (Group reporting and in-country reporting);Build a High Performing One Finance TeamBuild productive working relationships with, and between, the Tier leadsBuild productive Country CFO relationships, with initial emphasis on Tier 1 CFOs.

Ensure effective ongoing two-way communication on all key financial reporting matters.With the support of the Tier leads, build a high performing One Finance team across the countries, the Hub and including Group, where collaboration, innovation and mutual support is optimized.Ensure optimal collaboration with all Cluster CFO reports which will enable effective execution of the GI Cluster Finance strategyOptimally manage key stakeholder relationshipsCollaboration with all relevant stakeholders, including other teams in the GI Cluster;Manage relationships with Internal and External auditors at the hub and in-country level;Transform the Finance function and deliver necessary special projectsWork effectively with the Finance Strategy & Change Lead and the Cluster CFO to ensure the optimal implementation of the GI Lighthouse transformation plan.

Qualification and Experience

Qualified Chartered Accountant or degree in economics and a master's in management control, audit or information systems.10+ years of practical accounting / insurance experienceBilingual in French and English would be beneficial

Knowledge and Skills

Sufficient knowledge in applying IFRS and local statutory / regulatory guidelines and rulesIn-depth experience managing enterprise- wide accounting functionTeam leadership experienceAccounting system knowledgeDeals effectively with ambiguity and resistance in a group setting

Personal Attributes

Ability to plan and prioritise work to meet commitmentsAbility to manages complexityOrganisational savvyAbility to optimise work processesAnalytical skillsPromotion of effective, timely, open and transparent communication on all important financial reporting mattersUphold high ethical values and build a strong culture of compliance with strong internal controls

Core Competencies

Cultivates innovation - Contributing through othersCustomer focus - Contributing through othersDrives results - Contributing through othersCollaborates - Contributing through othersBeing resilient - Contributing through others

Build a successful career with us

We are all about building strong, lasting relationships with our employees.

We know that you have hopes for your future – your career, your personal development and of achieving great points.

We pride ourselves in helping our employees to realise their worth.

Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Turnaround time

The shortlisting process will only start once the application due date has been reached.

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity.

This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are the key components to ensure a thriving and sustainable business in South Africa.

The Group's Employment Equity plan and targets will be considered as part of the selection process.