Job Description

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M-Sure has been focused on providing the best Value Added Products (VAPS) to our clients for over 20 years. Previously known as Regent VAPS & SA Warranties, the coming together of these two powerful brands led to a new brand with a shared vision of driving smart solutions in the automotive industry in South Africa. M-Sure is a subsidiary of Motus Holdings, a leading JSE listed company in the Automotive Industry & is seeking to employ an energetic, deadline driven & hardworking individual with strong financial acumen in the role Finance Director. The company is based in Edenvale, Johannesburg.



The purpose of this role is to lead business & its development through collaboration with the M-Sure Executive Team, Board of Directors, & finance team. To direct, add value & enable business decisions through strong leadership capabilities, exceptional strategic thinking, & attention to detail. The role requires an understanding of South African financial & compliance regulations.



The role will report to the Managing Director of the division & have three direct reports

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Position Overview

Main activities will include:


Overall responsibility and oversight of the division's financial department and results Responsibility for all financial matters, including management & financial reporting; budget development, planning & analysis, billing, debtors, creditors and fund accounting The management of operational matters, including directing of staff and monthly payroll Leading financial processes while ensuring cost containment and financial discipline, effective management of internal and external audit
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Specific Role Responsibilities

Strategic Financial Leadership:

+ Lead the development and implementation of the division's financial strategy in alignment with business objectives
+ Advise the executive team and board on financial planning, forecasting, and risk management
+ Champion projects that have broad implications across the organisation by aligning and influencing all key stakeholders
+ Provide key insights to support business growth, acquisitions, and other strategic initiatives
+ Participation in board, executive & insurance fund committees

Financial Management & Reporting:

+ Oversee accounting standards selected and implemented by the organisation
+ Oversee the preparation of accurate and timely financial statements and other financial reporting in compliance with IFRS (International Financial Reporting Standards) and relevant South African regulations
+ Ensure the integrity of the division's financial reporting, including monthly, quarterly, and annual financial statements and other financial reports
+ Identify and implement best practice management; provide strategic insight on the content of reports
+ Select and drive the development of appropriate financial and operational indicators

Analysis, forecasting and budgeting:

+ Lead budgeting and forecasting processes and ensure financial plans are aligned with business objectives
+ Set standards for business analysis to support strategic direction and comparison; develop and implement finance solutions to complex and high-value commercial decisions including risk and business delivery

Financial Process, Control, Compliance & Risk Management:

+ Analysis of insurance product performance & interact with actuaries.
+ Ensure compliance with local tax laws, financial regulations, and governance standards in South Africa
+ Manage internal controls and implement best practices to mitigate financial risks
+ Identify and manage financial risks and ensure the development of appropriate risk management frameworks
+ Oversee the auditing process and liaise with external auditors, tax department, and other regulatory bodies
+ Set demanding and realistic targets for process improvement and ensure changes to existing processes are carried out in a systematic and logical way

Team Leadership & Development:

+ Lead, mentor, and develop the finance team, fostering a high-performance culture
+ Ensure proper staff training, performance evaluations, and succession planning within the finance department

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Qualifications and Experience

CA (SA) and 10 years post articles work experience Experience in a leadership role in a similar environment. Experience in Financial Risk Management in insurance sector Experience with governance, policies, & financial controls. Critical thinking and inquisitive nature An entrepreneurial spirit Strong operational finance & people management experience. Strong focus on ensuring internal controls are in place to mitigate risk & ensure the safeguarding of business assets Strong analytical ability to interpret financial information, attention to detail Ability to multi-task, cope under pressure, and succeed in a high-performance culture Strong ability to adapt to change Strong verbal and written communication Strong MS Office skills (Word, Excel (Advanced), PowerPoint, Visio) Good current-day knowledge of IFRS Experience with business & financial systems. Experience in the motor or financial services industry will be advantageous
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Skills and Personal Attributes

Clear criminal and credit records Own and live up to the Company values * Attend training initiatives to improve work quality and enhance own skills