Executive Head: Financial Reporting: Group Office: Cpt
1 week ago
Select how often (in days) to receive an alert: Create Alert
Location:
Bellville, Western Cape, South Africa
Who are we? Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges.
In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia.
Sanlam is one of the largest internationally active insurance groups in the world with a presence in 43 countries and has the biggest non-banking financial services footprint on the African continent.
The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations.
The Group Office provides strategic direction and support to the four clusters, assisting them in realising their strategies and meeting their business objectives.
The Group Office is responsible for governance and for the Group's centralised functions, which include:Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Brand Sustainability.
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.
What will you do?The executive head of financial reporting holds a crucial role within an organisation, primarily overseeing the accuracy, integrity, and compliance of financial statements and related disclosures.
This position, often occupied by the Controller or a similar executive, carries significant responsibilities and accountability including ensuring compliance with accounting standards and regulatory requirements, and providing accurate and timely financial information to stakeholders.
This role involves strategic financial planning, leadership, and the development and implementation of robust internal controls.What will make you successful in this role? Here's a detailed breakdown of the role, responsibilities, and accountability: Role: 1.
Strategic Leadership:
The executive head of financial reporting provides strategic direction and leadership in financial reporting, ensuring alignment with the organisation's overall strategy and goals
2 Policy Development:
Establishes and maintains accounting policies and procedures that ensure financial integrity and compliance with regulatory requirements
3
Stakeholder Communication:
Acts as a key liaison between the organisation and external stakeholders, including investors, analysts, regulators, and auditors
Responsibilities:
Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
Ensure that financial reports comply with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS).Manage quarterly and annual reporting processes, including regulatory filings if applicable.2.
Compliance and Regulation:
Ensure adherence to all relevant financial regulations and standards, and other regulatory requirements.
Stay abreast of changes in financial regulations and implement necessary changes within the organisation.3.
Internal Controls:
Develop and maintain robust internal control systems to prevent inaccuracies, fraud, and ensure the integrity of financial information.
Conduct regular reviews and updates of internal controls to adapt to evolving risks and regulatory changes.4.
Financial Analysis and Reporting:
Analyse financial data to provide insights into the organisation's financial performance and inform decision-making.
Prepare management reports and present financial results to the board of directors and senior management.5.
Audit Coordination:
Coordinate with internal and external auditors to facilitate comprehensive and efficient audits.
Address audit findings and implement recommendations to improve financial reporting and controls.
Identify financial risks and develop strategies to mitigate them.
Ensure the organisation's financial stability through prudent financial planning and risk management practices.7.
Team Leadership and Development:
Lead the financial reporting team, providing guidance, mentorship, and professional development opportunities.
Foster a culture of accountability, accuracy, and continuous improvement within the financial reporting function.8.
Stakeholder Communication:
Act as a liaison between the organisation and external stakeholders, including investors, analysts, and regulators.
Ensure transparency and accuracy in all financial communications and disclosures.
Accountability:
1.
Accuracy and Integrity:
Personally accountable for the accuracy and integrity of the organisation's financial statements and disclosures.
Ensure that financial reporting is free from material misstatements, whether due to fraud or error.2.
Regulatory Compliance:
Held accountable for ensuring that all financial reporting complies with applicable laws and regulations.
Responsible for certifying the accuracy of financial reports in accordance with regulatory requirements (e.g., SOX certifications).3.
Ethical Standards:
Uphold the highest ethical standards in financial reporting and decision-making.
Ensure transparency and honesty in all financial communications and disclosures.4.
Performance Metrics:
Accountable for key performance indicators (KPIs) related to financial reporting, such as the timeliness of reporting, audit outcomes, and compliance rates.
Regularly review and report on performance metrics to the board of directors and senior management.5.Stakeholder Trust:
Maintain the trust of investors, regulators, and other stakeholders by delivering reliable and accurate financial information.
Address any concerns or discrepancies promptly and transparently.
In summary, the executive head of financial reporting plays a critical role in ensuring the financial health and regulatory compliance of an organisation.
Their responsibilities span from strategic leadership and policy development to detailed financial analysis and risk management.They are held accountable for the accuracy, integrity, and compliance of financial reports, maintaining stakeholder trust and upholding high ethical standards.
Qualification and ExperienceCA(SA).Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation preferred.Actuarial experience, Advanced degree (MBA or Master's in Finance) is advantageous.
Minimum of 10-15 years of progressive experience in accounting or financial reporting.
Prior experience in a senior financial leadership role, preferably within a publicly traded company.
Knowledge and SkillsTechnical Skills:
Deep understanding of GAAP, IFRS, and other relevant accounting standards.
Proficiency in financial reporting software and ERP systems (e.g., SAP, Oracle).
Analytical Skills:
Strong analytical and problem-solving skills.
Ability to interpret complex financial data and provide actionable insights.
Leadership Skills:
Proven leadership and team management experience.
Excellent communication and interpersonal skills, with the ability to influence and collaborate at all organisational levels.
Regulatory Knowledge:
In-depth knowledge of financial regulations, including SOX compliance and SEC reporting requirements.
High ethical standards and integrity.
Detail-oriented with strong organisational skills.
Ability to work under pressure and meet tight deadlines.
Strategic mindsetBalances stakeholdersBusiness insightCore Competencies Cultivates innovation - Contributing strategically
Customer focus - Contributing strategically
Drives results - Contributing strategically
Collaborates - Contributing strategically
Being resilient - Contributing strategically
Additional InformationThis role typically reports to the Chief Finance Officer (CFO) with interactions with Group Exco and Group Audit Committee.
The position may require occasional travel for meetings with stakeholders, regulatory bodies, and auditors.The role involves working closely with other departments such as Actuarial, legal, operations, and human resources to ensure comprehensive financial governance.
Turnaround timeThe 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 transformationThe 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 ensuring 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.#J-18808-Ljbffr
-
South Africa Sanlam Group Full timeWho are we?Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well...
-
South Africa Sanlam Group Full timeWho are we?Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well...
-
South Africa Sanlam Group Full timeWho are we?Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well...
-
South Africa Sanlam Group Full timeWho are we?Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well...
-
Group Chief Financial Officer
1 week ago
South Africa Armstrong Appointments Full timeWe are looking for a visionary and commercially sharp Chartered Accountant (CA) to lead the financial function and become a strategic partner as the Group Chief Executive Officer (GCEO). Main job function Financial leadership and strategy: Establishing a partnership with the GCEO and leadership team to develop and execute long-term financial plans,...
-
Group Financial Accountant
1 week ago
South Africa Do More Group Full timeGROUP FINANCIAL ACCOUNTANT R85kR75k pmBRACKENFELL Job DescriptionGROUP FINANCIAL ACCOUNTANTR85kR75k pmBRACKENFELLOur client, a Listed Entity is looking for a Group Financial Accountant who will report to the CFO or Group Senior Financial manager. The position will transition into a Financial Manager position over time.The Group Financial Accountant will be...
-
Group Financial Director
1 week ago
South Africa Verso Benefits Administrator Pty Ltd Full timeGENERAL JOB INFORMATION:The incumbent will report to the Group Chief Executive Officer. The ideal candidate should be a motivated hard-working self-starter with fantastic managing and problem-solving skills and the relevant experience. The successful applicant would need to be deadline driven, proactive, dedicated, and meticulous.QUALIFICATIONS AND...
-
Head Chef
1 week ago
South Africa Empact Group Southern Africa Full timeTo develop and plan menus, establish recipes and food purchase specifications, coordinate, execute, supervise and evaluate all the food production activities of a fast-paced operation. The Head Chef will assist in the management of strategic and day-to-day operations.Purpose of the role:To develop and plan menus, establish recipes and food purchase...
-
Hotel Group Revenue Manager
1 week ago
South Africa The Beekman Group Full timeKey Performance Areas: Responsible for identifying and maximizing all potential channel revenue opportunities for the group's resorts. Formulating long and short-term channel development strategies and overseeing their successful execution to achieve growth in market share.Responsibilities include:Leads Channel and Revenue Optimisation strategy Establishes...
-
Group Financial Manager
1 week ago
South Africa Gold – Hr & Recruitment Solutions Full timeThese jobs were popular with other job seekersOur client is a mining client based in the Western Cape that is seeking a Group Financial Manager to join their teamDuties & ResponsibilitiesIFRS complianceEnsure general ledger other accounting records are maintained according to group policy and IFRS.Ensuring that monthly general ledger reconciliations are...
-
Manager: Financial Reporting
1 week ago
South Africa Ayanda Mbanga - Redefining Success Full timeThe Inkosi Langalibalele Local Municipality is an equal opportunity employment organization; hence preference will be given to previously disadvantaged groups. Women and people living with disabilities are also encouraged to tender their applications.DEPARTMENT:BUDGET &TREASURYMANAGER:FINANCIAL REPORTING (AFS)Salary: R511 248,96 per annum. The above...
-
Executive Assistant And Office Administrator
1 week ago
South Africa Clermont Group Full timeAbout Chandler Institute of Justice The Chandler Institute of Justice (CIJ) is a consulting firm that collaborates with African governments in leveraging the transformative power of law reform to enhance good governance and facilitate social mobility and inclusive economic development. CIJ is founded on the philosophy that, through concerted efforts and...
-
Financial Manager
1 week ago
South Africa Fidelity Services Group Full timeADVERTISEMENTFidelity Services Group Guarding Division Role: Financial Manager (Kwa Zulu Natal & Eastern Cape Region)Reporting to:Finance Executive: Chief Financial Officer - Guarding and Specialised Services DivisionMain Job Purpose: To provide efficient and effective finance business support to the Kwa Zulu Natal & Eastern Cape Guarding Division, by...
-
Group Training Officer
1 week ago
South Africa Rpo Recruitment - Executive Search & Rpo Recruiting Agency. Full timeRPO Recruitment's client is currently looking for a Group Training Officer to join their team in Durban. As a Group Training Officer, you will be responsible for designing, implementing, and evaluating training programs for our clients in the packaging industry.Responsibilities: Collaborate with clients to identify their training needs and develop customized...
-
Financial Manager
1 week ago
South Africa Fourier Recruitment Full timeSouth Africa Free State Free State North My Client hasan exciting opportunity for you to join thereteam as a Financial Manager, acting as the Head of Finance for our Milling Group Business Units. Reporting to the Executive Director, this role is responsible for the development and output of the entire Finance function. This leader is the advisor and...
-
Chief Surveyor
1 week ago
South Africa Hutech Head Office Full time_Position: Chief Surveyor - Mining__Industry: Mining__Location: Phalaborwa / Limpopo__Salary: Market related_Purpose of the Position:Managing and controlling the survey function according to sound surveying practice and legislation to meet operational requirements and objectivesQualifications:Government Mine Surveyors Certificate of Competence National...
-
Chief Surveyor
1 week ago
South Africa Hutech Head Office Full time_Position:Chief Surveyor - Mining_ _Industry:Mining_ _Location:Phalaborwa / Limpopo_ _Salary:Market related_ Purpose of the Position:Managing and controlling the survey function according to sound surveying practice and legislation to meet operational requirements and objectives.Qualifications:Government Mine Surveyors Certificate of Competence National...
-
Financial Accountant
1 week ago
South Africa Ca Financial Appointments Full timeThis is an exciting role for a newly qualified CA(SA) based in Stellenbosch in the Financial Services industry This is a lifetime opportunity to learn in this dynamic environment with little red tape that offers you lots of exposure to executives and the freedom to contribute to the team on various projectsResponsibilities:Support financial management of the...
-
Johannesburg: Head Of It
1 week ago
South Africa Window World Of Boston Full timeA leading workforce solutions company, driven to grow people, businesses and economies through connections that allow them to realize their potential has an exciting opportunity for a Head of IT in Gauteng. Responsible for shaping the digital landscape by executing on the technology strategy of the Group thus enabling efficient and secure operations to...
-
Internal Recruiter Greentone
1 week ago
South Africa Pentad Executive Full timeThese jobs were popular with other job seekers Express Employment Professionals SA Head Office Express Employment Professionals SA Head Office Pentad Executive HR Recruitment Consultant 2 yrs exp as a internal recruiter, experience in recruiting and admin - Greenstone - R & medical aid + pension x13 Permanent Full Time Published: 19 hours ago EE/AA, Non...
