Head: Statutory Reporting at Telesure Investment Holdings (TIH)

Job Purpose

• Manage and coordinate the group and subsidiaries’ statutory financial functions.
• This includes being responsible for all monthly statutory reporting and Annual Financial Statements, as well as managing the year end audit to deliver timeously and clean audit outcomes.
• Supervise the maintenance of internal controls designed to ensure accurate and timely financial reporting, safeguard corporate assets and the integrity of its fiscal systems.
• Support the business to make informed decisions through sound technical IFRS and other regulatory requirements (Tax, Vat Companies Act etc.) and act as group authority on consolidated statutory financial statements.
• Leading Senior Financial Mangers effectively to ensure that accurate complete financial results are delivered that are compliant with the relevant regulations and standards (especially IFRS17).

Responsibilities

Strategic, Financial and Operational Planning

• Participate in the development of the corporation's plans and programs. Participate in the development and communication of the financial vision and strategy. Direct preparation of annual operating and business fiscal plans (budgets). Develop financial forecasts and monitors financial health, monitoring guardrails around financial commitments.

Accounting, Financial Management & Control

• Take responsibility for developing and delivering the organisation's financial management and/or control systems. Direct preparation of IFRS compliant fiscal records and financial plans, policies, and reports. Direct oversight of audits, regulatory reporting and financial operations for all non-business support entities i.e. all entities other than TGS.

Financial Reporting

• Manage the design and creation of reporting strategies and templates. Lead execution of complex reports and accountable for reporting financial results in accordance with IFRS.

Financial Risk Management and Analysis

• Manage a significant portion of the organisation's financial risk management and/or control process. This includes contributing to the development and implementation of financial risk management policies, reporting and procedures

Leadership and Direction

• Identify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organisation's mission, vision and values; motivate people to commit to goals that align to financial and group strategy.

Performance Management

• Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project / account team members and hold them accountable for achieving these; take appropriate corrective action where necessary to ensure the achievement of team / personal objectives.

Education

• CA (SA) (Essential); MBA/CFA (Advantageous)

Experience

• 10 to 15 years wide and deep experience providing expert competence (Essential);
• At least 8 years insurance experience (Essential);
• Previous exposure to group consolidations and IFRS17 (Advantageous); 6 to 10 years experience of planning, managing and organizing resources within short / medium timescales within the overall policy framework (Essential)