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  • Posted: Apr 4, 2023
    Deadline: Not specified
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    Since our establishment in 1918, Sanlam has been a prominent part of the South African business landscape. We have always held a long-term view of how business adapts to the demands of the environment in which it operates. Today, in a dynamic world, we see an evolving set of social, economic, political and environmental imperatives that require our skilfu...
    Read more about this company

     

    Assistant Financial Manager

    What will you do?

    • The Assistant Financial Manager will be responsible for the financial management, internal financial project management and statutory financial reporting for Glacier International and products that forms part of the Sanlam Life division.

    What will make you successful in this role?
    The following outcomes will be expected to be achieved by the Assistant Financial Manager:

    • Responsible for managing and overseeing the complete accounting and reporting set, including the following
    • Commission reconciliations to international foreign inflows, and payments to Sanpay
    • Foreign bank reconciliations which includes currency conversions, and monthly/regular repatriation of money from offshore accounts
    • Reconciliation of all fees (income and expenses) and commission files to SAP postings
    • Management of unallocated foreign receipts and payments
    • Controls surrounding the capturing of the Life accounting records, accuracy and reasonability
    • Rebate analysis and reconciliation
    • Balance sheet account valuations review on a monthly basis
    • Responsible for cash management, payments and liaising with Sanlam Banking team
    • Involvement in Glacier International new ventures and product modelling, and the determining the reporting impact thereof

     Work Processes:

    • Analyse, prioritise, and implement finance processes
    • Streamline and redefine current finance processes
    • Effective creation of efficiencies within control environment
    • Involvement in the budget and cost centre reporting process
    • Ad-hoc financial tasks

    Qualifications and experience

    • CA(SA) with 3 years post articles experience, or
    • BComm (Acc) with 5 years’ experience in a similar role, at least 2 years’ management experience in a similar role
    • Articles completed in Financial Services will be advantageous. 
    • Management of staff
    • Technical & business knowledge within the financial services industry
    • Computer Skills (MS Word, MS Excel, SAP 4/HanaAccounting ,)

    Competencies

    • Technical and Business Knowledge 
    • Analytical Thinking
    • Influencing & Gaining Commitment
    • Innovative thinking and problem-solving ability 
    • Communication
    • Team Success
    • Stress Tolerance
    • Work Standards
    • Leadership
    • Formal Presentation Skills
    • Performance Driven

    Qualification and Experience

    • Qualified CA with 3 to 5 years related experience, post articles
    • Degree or Diploma and required Certification with 6 to 8 years related experience.

    Knowledge and Skills

    • Financial planning and recommendations
    • Financial Controls
    • Financial Reporting
    • Financial Information Review
    • Financial Analysis
    • Personal Attributes
    • Communicates effectively - Contributing through others
    • Financial acumen - Contributing through others
    • Decision quality - Contributing through others
    • Optimises work processes - Contributing through others

    Core Competencies

    • Being resilient - Contributing through others
    • Collaborates - Contributing through others
    • Cultivates innovation - Contributing through others
    • Customer focus - Contributing through others
    • Drives results - Contributing through others

    Method of Application

    Interested and qualified? Go to Sanlam Group on careers.sanlamcloud.co.za to apply

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