Key Accountabilities
- Develop, maintain and implement proper operational controls for financial efficiency;
- Ensure complete operational compliance with manuals and policies, Board and Management financial instructions and any applicable agreements/regulations;
- Update the policies timeously with the changes in the regulations and instructions from Board and Management Ensure that proper books of accounts of the company are kept;
- Ensure that financial reports (including performance analysis and statutory returns) are timeously prepared for stakeholders such as Board and Management, Prudential Authority, Financial Sector Conduct Authority, National Treasury, SARS and the DTIC;
- Prepare the Annual Financial Statements in accordance to IFRS and the company's accounting policies;
- Ensure that all standing instructions requiring any input control or action by the finance department are met and observed precisely and correctly at all times;
- Supervise the work performed by the Reporting accountant;
- Manage relationship with internal and external stakeholders;
- Co-ordinate with internal and external auditors;
- Ensure compliance with tax legislation;
- Responsible for the implementation of new accounting standards e.g. preparation of the implementation plan and related deliverables;
- Coordinate with the CFO on the best practice to manage the company's financial resources ;
- Keep the CFO fully informed at all times of any adverse or changed or unusual circumstances which may affect the corporations financial position.
- Ad-hoc activities as requested by the CFO
Key Measures
- Number of audit observations;
- Compliance with procedural and legislative requirements;
- Management of client relationships and key stakeholders;
- Management of budget including operational expenses.
- Timeous submission of accurate financial reports
Key Interfaces
- CFO
- Head of Financial Accounting
- Other business unit particularly Risk Management, Legal, Underwriting, Actuarial and Investment
- The company's Executives and Managers
- Internal and External Auditors
Qualifications & Experience
- Qualified as a CA with strong technical expertise;
- At least 5 year post article experience in a finance unit in a supervisory or management level. Preference will be given to individuals from the financial and/or insurance industry;
- Excellent knowledge of information technology advanced EXCEL, AX Microsoft Dynamics or similar accounting system
