Job Description

Who are we?
Sanlam Investment Group
The Sanlam Investment Group is uniquely equipped and positioned to deliver on its purpose of empowering generations to be financially confident, secure and prosperous. Through our vast in-house expertise and strategic partner networks, we can access all asset classes across the globe, private and public, actively and passively managed, to develop investment solutions that are in our clients' best interests and have a positive impact on society. Backed by the Sanlam Group's balance sheet, the Sanlam Investment Group has a true competitive advantage in its ability to invest alongside clients, particularly in private markets where impact investing drives the agenda.
The Sanlam Investment Group is one of the largest, most diversified financial services and investment firms in Southern Africa with assets under management and administration of more than R2 trillion. It is a B-BBEE level 1 contributor and one of the largest black-empowered asset managers on the African continent.
Sanlam Alternative Investments (SAI)
The purpose Sanlam Alternative Investments (SAI) business is to help build the African continent and make a real sustainable difference in the emerging economies in which we operate in, aligning to the Sanlam Group's mission of financial inclusion. The SAI business has a broad range of capabilities that include Private Equity, Specialised Finance, Property, Infrastructure and Partnerships. Sanlam is the biggest non-banking financial institution on the continent, operating in Africa for over 100 years.
What will you do?
Responsible for the financial accounting function in SAI. Responsibilities include the preparation of financial management accounts, financial analysis of results, budget preparation and reporting, establishing and executing accounting policies/procedures, ensuring compliance of subsidiaries (when a head office function), financial records and auditors liaison. This role includes operations management duties. The successful incumber will be required to streamline operations, improve efficiency, and create a cohesive financial management reporting structure. You will coordinate across diverse stakeholders while establishing best practices and creating value through improved financial oversight and bringing technical work within the business.
Key Responsibilities
Accounts payable (Oversight centralised group Finance) :

• Approvals of SAI creditors in line with approval framework, SAI process and budget
• Invoice processing - verification and approval of invoices received from suppliers
• Vendor management - maintaining and updating vendor records and resolving disputes

Accounts Receivable (Oversight with centralised group Finance):

• Approved invoices for issue of invoices for expense recoveries and for income recoveries
• Payment collection - tracking and payments from customers as part of the SLA with centralised group Finance
• Customer account management - maintaining accurate customer accounts and handling queries and disputes

Fee income:

• Base and performance fee calculations in line with investment mandate
• Supply data in format ready for group finance accounting processing

Cashflow management:

• Settlement of intercompany loans, and base fee monthly
• Working capital management - managing the company's short-term assets and liability to maintain operational efficiency
• Cash positioning - regularly reviewing and optimising the company's cash position to meet financial obligations

Technical Support on Accounting issues:

• Regulatory compliance - providing guidance on compliance with accounting standards and regulatory requirements
• Technical accounting advice - offering expert advice on complex accounting issues and new regulations

Management Accounts:

• Budgeting and Forecasting - Preparation and coordination of annual budget and financial forecasts (including reporting system updates)
• Reporting - generating management reports and analysis, including variance analysis (Department, Exco and Board reports)
• Sanlam Credit Book income analysis, forecasting and reporting
• Assets under management and investor flows reporting, including product margin analysis
• Sanlam Group reporting - compliance to Group guidelines for consolidations

Investment and Financial reporting (Fund accounting technical assistance):

• Valuations
• Financial reporting
• Profit and Loss (PnL) reports

Statutory reporting (as part of the service Level agreement with centralised group finance:

• Compliance reporting - ensuring that all financial reports meet regulatory and legal standards
• Financial statement oversight - balance sheets, income statements, and cashflow statements
• Audit assistance

Other:

• Business plans - new products (financial feasibility studies)

Qualification and Experience
CA, Degree or equivalent with 7 to 8 years related experience.
Knowledge and Skills
Financial analysis and planning
Financial Risk Management
Financial Reporting
Financial Management and Control
Personal Attributes
Manages complexity - Contributing through others
Decision quality - Contributing through others
Financial acumen - Contributing through others
Plans and aligns - Contributing through others
Build a successful career with us
We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.
Core Competencies
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensure a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.