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Group Financial Manager

Full Time

Website Sanlam

Sanlam is a South African-headquartered financial services group that provides a wide range of insurance, investment, and financial planning services.

What will you do?

  • The successful candidate will act as a Group Financial Manager: Accounting Specialist & Compliance in the SanlamAllianz Group Finance Team and will report to the Finance Head: Statutory Reporting & Consolidation.

What will make you successful in this role?

Responsibilities will include, amongst others, the following:

Internal Control & Compliance:

  • Design, implementation and monitoring compliance of group accounting and internal control policies
  • Strengthen the internal control environment to ensure effective controls and procedures are in place at the Group level, cluster level and operating entity level
  • Maintaining the risk and control matrix of the Group & preparing quarterly internal control reports to Exco
  • Support the implementation and maintenance of controls in the financial consolidation system
  • Focus on process improvements to drive automation and new ways of working
  • Primary liaison with internal audit and manage interactions with internal and external auditors
  • Involvement and support for specific improvement projects to enhance the financial close process and implement best practices across the Group

Technical Accounting:

  • Provide technical accounting support for complex mergers & acquisitions transactions throughout the Group, including adhoc technical accounting assessments
  • Provide IFRS training to the Group and its subsidiaries
  • Analysis and review of multiple foreign subsidiary management accounts and financial statements
  • Compilation of financial statements in terms of IFRS and preparation of note disclosures for year-end close process

Stakeholder engagement and Teaming:

  • Co-ordination, planning & communication with internal and external stakeholders in respect of reporting requirements and processes
  • Responsible for regulatory reporting to stakeholders (including SARB)
  • Providing accounting support to the tax team (including Pillar II and Country by Country (CbC) reporting)
  • Providing accounting support to the actuarial and valuations team
  • Lead and contribute to a high-performing accounting team

Qualification and Experience

  • Qualified CA(SA) or equivalent
  • 4-6 years post qualification experience

Knowledge and Skills

  • Experience with implementing and monitoring of internal controls
  • Good working technical knowledge of IFRS principles and standards and group consolidations (IFRS17 experience/basic understanding is an added advantage)
  • Experience in the emerging markets environment will be an advantage
  • Oracle HFM experience will be an added advantage
  • OneStream experience will be an added advantage
  • Process management skills (able to review existing processes and procedures, making recommendations for rationalisation/improvement, and implement them operationally)
  • Ability to speak French will be advantageous

Personal Attributes

  • Ability to deal with competing priorities and be resilient
  • Excellent communication skills, both written and verbal
  • Analytical and conceptual thinking (solving of complex problems)
  • Building and maintaining relationships with external and internal clients
  • Pro-active individual with the ability to work independently as well as a member of a team
  • Ability to work effectively under pressure and to meet stringent deadlines
  • Attention to detail

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