Job Description

Closing Date 2023/11/23
Reference Number MMH231116-3
Job Title Financial Manager and Junior Business Partner
Position Type Permanent
Role Family Finance
Cluster Momentum Corporate
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion/Bellville/Sandton
Introduction

Through our client-facing brands,we enable businesses and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future.We help companies and organisations to care for and reward their employees xe2x80x93 our members. Our own network of advisers together with external independent brokers, utilizes our Momentum Metropolitan platforms to provide practical financial solutions for people,communities and businesses.
For more info, visit our website at www.momentummetropolitan.co.za
Role Purpose

Manage the finance service offering for the segment by providing professional and ethical financial practices and services that support business decision making and performance. Partner with designated business area in order to support, advise and guide business decision-making through financial analysis, data and insights and provide holistic finance solutions that drive business performance.
Requirements

Experience and Qualifications:

• BCom Accounting, Financial Management or Management Accounting

• Registered chartered accountant with South African Institute of Chartered Accountants (preferred)

• 6-10 years in financial management in an insurance environment

• Knowledge of the insurance and investment industry and applicable regulatory requirements and legislations.

• Knowledge of Generally accepted accounting principles (GAAP), International Financial Reporting Standards (IFRS) and risk management principles

• Preferably had exposure to the actuarial valuation environment and engaged extensively with actuaries.

Duties & Responsibilities

Manage the delivery of Finance activities and solutions that enable the achievement of business goals and objectives.

(Internal Process)

• Oversee accounting practices in line with group standards.

• Manage the implementation of segment finance polices, procedure and controls in line with Group Finance frameworks. Manage the implementation and adherence to financial controls and raise any exceptions with the relevant stakeholders.

• Oversee the accuracy, validity and authorisation of journals processed.

• Manage the creation and maintenance of records on the financial management system to ensure the accuracy and integrity of financial records and documents.

• Manage the resolutions of financial queries.

• Manage the reconciliations of the transactions to ensure accuracy and alignment.

• Contribute to the interpretation and explanation of financial analysis, forecasts and scenarios in order to guide business decision making for the segment.

• Oversee the delivery of accurate and timeous segment reporting (including KPI, and operational reports), analysis and insights.

• Oversee the financial management of subsidiaries for the segment in line with MMI methodology and principles.

• Review consolidated segment reports to ensure that the information is appropriate and accurate.

• Contribute to the audit process and resolve any audit queries within deadlines.

• Support and influence key operational and strategic business decision using financial analysis and data.

• Provide business leaders with insight regarding the interpretation and explanation of financial analysis in order to guide business decision making.

• Drive the delivery of monthly reporting and ensure the business is provided with readily obtained, accurate and meaningful measurements.

• Oversee the delivery of financial analysis, forecasting and what-if scenarios based on business requirements.

Drive a client centric environment that focuses on best practice service delivery.

(Client Services)

• Build and maintain relationships with clients and stakeholders.

• Define fair and innovative internal client service practices which build rewarding relationships and allows team to provide exceptional client service.

• Engage with key stakeholders to identify changing internal client needs and make recommendations to align service offering with client needs.

• Contribute to a client service excellence culture which builds enduring relationships and allows team to provide exceptional client service.

• Develop client service level agreements and standards in order to ensure clients receive clear and accurate information and are kept informed at all times.

• Drive efforts to improve client service and fair treatment of clients within area of responsibility.

• Incorporate internal client feedback into the enhancement of daily business processes and management operating systems.

Self-management and teamwork.

(People)

• Develop and maintain productive and collaborative working relationships with peers, clients and stakeholders.

• Positively influence and participate in change initiatives.

• Continuously develop own expertise in terms of professional, industry and legislation knowledge

Contribute to continuous innovation through the development, sharing and implementation of new ideas.
Competencies

• Business Acumen

Understands how the business operates, what the key issues and risks are that drives business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group.

• Client/ Stakeholder Commitment

Anticipates, meets and exceeds clientxe2x80x99s needs by creating long lasting relationships that support the client value proposition, supports their financial wellness and ensures client centricity.

• Drive for Results

Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.

• Leads Change and Innovation

Actively leads change, does what is right for the business and drives continuous improvement through innovation.

• Motivating and Inspiring Team

Creates and maintains an open, positive working environment by generating commitment, building trust, a shared sense of purpose, empowerment in others and encouraging them to contribute to the best of their ability.

• Strategic Thinking

Creates competitive and breakthrough strategies to drive short term profitability and long-term business growth and shareholder value.

• Collaboration

Prioritises the business interests of MMH and invests in the success of the group by aligning effort across divisions.

• Impact and Influence

Persuades, convinces, influences and inspires others, both within MMH and externally to win support, loyalty and gain commitment to the purpose of MMH.

• Self-Awareness and Insight

Manages self and relationships with others effectively, deals with ambiguity, uncertainty and pressure, and provides perspective in difficult situations.

• Diversity and Inclusiveness

Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.

• Growing Talent

Takes responsibility for own development; and actively mentors, coaches and develops talent in others. Builds leadership bench strength for MMI by providing opportunities and experiences to develop skills, competencies and business knowledge.

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Metropolitan