Senior Financial Manager: NMSIS

Sanlam; Bellville; On-site; ZAR 700 000 - 900 000; Full time

Job summary

A leading financial services firm based in Western Cape, South Africa, is seeking a Senior Financial Manager. This role involves comprehensive oversight and execution of financial reporting strategy and processes. Candidates must demonstrate experience in financial management and a solid understanding of budgeting and forecasting. The position offers an opportunity to collaborate with multiple financial stakeholders while driving strategic financial objectives.

Qualifications

• Proven experience in managing finance resources and processes.
• Deep understanding of budgeting, forecasting, and financial control.
• Strong analytical skills to support executive decision-making.

Responsibilities

• Lead annual budgets and multi-year plans aligned to strategic goals.
• Oversee accurate IFRS-compliant financial statements.
• Drive timely management, regulatory, and statutory reporting.

Skills

Financial analysis

Budgeting and forecasting

IFRS compliance

Stakeholder management

Education

Relevant financial degree

Tools

BI tools

Job description

About NMS Insurance Services

NMS Insurance Services (SA) Ltd ("NMSIS") is a composite microinsurer within Sanlam Fintech ("SFT"), acquired in November 2024 from the MultiChoice Group ("MCG") (60% interest). We manage over 2.7m policies across roughly 2m clients in South Africa, delivering a bottom‑line of approximately R500m, and with a bold ambition of more than double in size within five years, as we expand into the Rest of Africa ("RoA"). Historically a product‑focused microinsurer, we are now actively repositioning as the orchestrator of financial services within the MultiChoice ecosystem – a shift that will redefine our scale, partnerships, and impact. This strategic shift will see us expand beyond our licence‑based products to deliver a broader range of embedded and standalone solutions from NMSIS, Sanlam, Santam, and affiliated partners. Our mandate extends to driving the success of the “Sanlam | Santam | MCG” Joint Venture in both South Africa and the RoA, working closely with SanlamAllianz and MultiChoice Africa Holdings.

About the Role

This role will be responsible for the comprehensive oversight and execution of reporting (incl. management, risk, regulatory and statutory) strategy and processes. Reporting to Financial Officer of NMS Insurance Services, the Senior Financial Manager will support the Chief Financial Officer with driving the various Finance objectives in line with the company culture. The Senior Financial Manager will be responsible for supporting the management and direction of finance resources, providing sound financial advice, ensuring that stringent and rigorous accounting processes and controls are in place, ensuring accurate reporting of financial results and operational excellence.

Role and Responsibilities

Budgeting & Forecasting

• Lead annual budgets and multi‑year plans aligned to strategic goals, KPIs and key business drivers.
• Manage efficient target‑setting and ensure adherence to Group Finance principles.
• Refresh forecasts regularly, improving reliability through robust tracking and analysis.
• Provide insight‑driven analytics to support executive decision‑making and drive operational efficiency.

Financial Control & Close

• Oversee accurate IFRS‑compliant financial statements and timely month‑end, quarter‑end and year‑end close.
• Manage internal and external audits, ensuring strong internal controls, reconciliations, and master data governance.
• Oversee taxation processes (CIT, VAT, DWT) and ensure compliance in collaboration with Group tax experts. Identify and mitigate financial risks through proactive controls and regular IFC/RACM reviews.

Financial Reporting

• Drive accurate and timely management, regulatory and statutory reporting. Enhance reporting systems and BI tools, ensuring robust financial data governance.
• Analyse business performance, provide insights on trends, and support cost management. Prepare AFS, Board/Audit Committee packs, and regulatory returns.
• Uphold governance principles (King IV, Companies Act) and manage first‑line risk processes, including CURA updates.

Collaboration & Stakeholder Management

• Work closely with finance, tax, actuarial, treasury, IT and business teams across Sanlam, Santam and MultiChoice.
• Contribute to business‑critical projects, including the transition from MultiChoice to Sanlam.

What will make you successful in this role?

• Playing an integral part in developing and implementing the Finance OKRs that support the business OKRs.
• Being a team player and getting satisfaction from seeing the team succeed.
• The team’s success is my success.
• Owns problems that require coordination across multiple teams, roles and/or individuals.
• Encourages and facilitates creative problem‑solving across teams, fostering collaboration to tackle complex challenges with limited resources.
• Independently discovers, scopes and breaks down complex impactful work for self and others, ensuring accountability and inspiring ownership for team outcomes, whilst leading by example during execution.
• A positive, client‑centric and growth mindset, proactively seeking self‑development opportunities to increase impact through quality service delivery.
• Continuous pursuit of innovative solutions.
• Promote and uphold the brand, culture and values.
• Embod…etc.