Job Description

Responsibilities
- Keep abreast of trends, legislation, and best practices within the financial management field in order to optimise service offerings and delivery.
- Collaborate with senior management to implement short and long-term strategic financial objectives and operating strategies for the business, in line with the overall business strategy, as well as the overall financial strategy of the Group.
- Drive implementation of effective and efficient futuristic financial modelling in support of the business strategy and new business ventures.
- Support the development of new business initiatives by studying economic trends and revenue opportunities, unpacking the financial implications and making recommendations regarding the financial viability of new business.
- Support the evaluation and reporting on the financial impact and requirements of long-range planning, introduction of new products/business and regulatory environment to support the realisation of the business strategy.
- Provide insights regarding the financial implications of business activities and provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
- Provide recommendations to strategically enhance financial performance and business opportunities.
- Provide insights into all aspects of the finance functions (accounting, tax, capital management etc.), ensuring healthy financial management across the Africa business.
- Build and maintain effective business relationships with Group Finance in order to manage service delivery in line with business expectations and requirements.
- Drive compliance with finance governance principles and structures within the business in line with finance best practices (GAAP, IFRS etc.).
- Manage and minimize the companys financial risk exposure by maintaining and improving systems of internal controls, liaising with Risk Management functions as appropriate.
- Support the planning and management of internal audit activities in collaboration with the risk team.
- Support continuous improvement efforts by managing the identification of opportunities, cost reduction, improvements and systems enhancement.
- Provide proper financial estimations and impact analysis in support of all new initiatives and business cases.
- Support a budget process that reflects the outcomes of business strategies through scenario analysis that empowers the business.
- Provide financial insight to business, based on past trends and future predictions, linked to key business drivers and impact on results.
COMPETENCIES REQUIRED
- Strategic thinking, planning and execution.
- Ability to develop significant networks, work with a range of stakeholders and play a key collaboration-building role.
- Commercial/Business acumen with a background in delivery and the ability to recognise and capitalise on commercial opportunities.
- Well-developed planning and organising ability with strong problem-solving and judgement skills.
- Flexibility to adapt to different cultural settings across the globe.
- Reporting and interpretation
- High work standards and business ethics
QUALIFICATIONS
- Post graduate qualification in Accounting [CA(SA)] or Actuarial Science
- MBA
EXPERIENCE
- Minimum of 5 years post-qualification experience in financial management
- 2-5 years of practical business experience in a senior management or leadership role
- Must have a solid, in-depth understanding of the insurance / financial business environment, processes, and legislative and industry requirements.
- In-depth understanding of insurance reporting standards including IFRS 17
- Rest of Africa experience/exposure
- Actuarial environment exposure will be an advantage.
Location
- The above-mentioned position is currently available in the Momentum Metropolitan Africa business unit based at our office in Centurion. There will travel required into countries outside South Africa.

ExecutivePlacements.com