Finance Manager at Hollard Insurance

Job Advert Summary
What we do:

BIMS is a team of Finance and Actuarial specialists who are responsible for the management of the Hollard Group Balance Sheets, as well as the Investment Holding Companies. BIMS enables the Group to meet its strategic objectives wrt e.g profit/return optimisation, growth and competitiveness, as well as long-term sustainability/resilience through governance.  We operate in the financial asset world and have a big variety of different investment types that are managed and reported on by the team.

What we want:

We are looking for a talented and reliable finance manager to play a crucial role in driving financial success. You will be responsible for all facets of BIMS finance and reporting including accounting, budgeting, risk management and enforcing compliance with finance-related and other laws, procedures and regulations such as tax filing and financial reporting. The role requires a direct interface with various stakeholders across the business and within the team so you will have the opportunity to make a significant impact on the business while leading a talented finance team.

What you will get in return:

You will have the opportunity to work for a high performing, high energy team in a challenging and dynamic role. You will be exposed to, and benefit from the experience of, many CA(SA)s, actuaries and finance professionals who have been in their roles long enough to know this is where they belong. Our culture promotes individual development to enhance our most important asset – our people.

Key Responsibilities 

Finance & Reporting Management

• Manage reporting on investment results and measuring of performance i.t.o group KPI’s through portfolio review and benchmarking.
• Overseeing proper accounting of transactions, while ensuring loans, preference shares and other instruments are properly managed.
• Overseeing accurate and timely completion and submission of all regulatory inputs and returns.
• Review and approve all work done by the management accountants and provide guidance where required.
• Manage Finance leadership on Process Efficiency, Business Performance Measures and Management, Analytical Support and Predictive Analysis.
• Manage initiatives to drive continuous improvement within the team.
• Manage compliance with the relevant laws and standards governing financial reports.
• Ensure that finance is always closely integrated with, and positively supports, business providing managers at all levels with insightful financial information that supports decision making that will enhance sustainable growth and keep in line with strategic objectives.
• Be the primary point of contact for, and with, Group Finance.
• Manage the annual audit process and manage auditor interface, while coordinating with other parts of BIMS.
• Manage the preparation of budgets and forecasts, ensuring timely submission to Group.

Risk Management

• Manage adherence to and enhance the financial and operational processes to mitigate financial and business risk.
• Ensure robust finance governance and continuous monitoring of financial activities.
• Ensure the quarterly CAM reporting is completed adequately.
• Be the primary point of contact with Group Risk.

Stakeholder Management

• Responsible for the finance team’s performance management, and for maintaining a high-performance culture through effective talent management.
• Engage continuously with finance staff, provide training, identify areas of improvement and manage the finance team to ensure optimal performance.
• Foster a culture of striving for better performance and managing accountability within the finance team.
• Manage stakeholder reporting – Shareholder, Regulatory, Exco and Board, ICOMM, etc

Required Knowledge and Experience

• 3-5 years’ experience in a Finance role.
• Strong stakeholder engagement experience
• Financial Services experience
• Insurance experience

Knowledge

• IFRS theory and application
• Proficiency in financial reporting and compliance
• Group accounting and consolidations
• Expertise in Microsoft Excel and PowerPoint and experience in Power BI is desirable

Educational Requirements
Minimum:

• CA or equivalent