Financial Forecaster

2 weeks ago


Cape Town, Western Cape, South Africa Intelligent Debt Management Full time

Financial Forecaster and Business Partner - Qualified CIMA

Key Responsibilities:

Responsibilities include, but are not limited to:

  • Maintain the technical and commercial aspects of the forecast process.
  • Liaise with the Actuaries on GWP sold, claims incurred (including various categories of risk) and premium income as well as the EV model.
  • Interpret the results output of your work, with particular focus on financial performance, position and cash flows.
  • Run different scenarios by changing model inputs. Interpret the results and make recommendations where necessary.
  • Monthly and Ad hoc meetings with heads of department to plan their best staff allocation to support the company growth.
  • Compiling and understanding our marketing channels mix and the cost drivers thereof.
  • Understanding of insurance sale drivers and appropriately forecasting and for policies and new GWP sold.
  • Knowledge of our various metrics through which we evaluate our businesses. Recommend others where necessary.
  • Working knowledge of corporate debt structures.
  • Taking the operational finances lead in updating the forecast process to make it as seamless as possible.
  • Working with the operational departments as to their strategy and expressing this in financial terms. Making it relevant to them.
  • Compilation of budget working papers with staff loading and other KPI's.
  • Taking ownership of the technical aspects of the biannual budgeting process and reporting thereon.
  • Providing analysis and extra data as required by ops staff look at your spreadsheets as a working product.

Key Competencies

  • Professional accounting qualification preferred CIMA but CA(SA), ACCA or SAIPA will be considered.
  • 3 to 5 years post qualification experience in a medium to large organisation
  • Thorough understanding of management accounting principals
  • Multiproduct/service exposure
  • Working knowledge of consolidations for a diversified group
  • Previous knowledge of forecasting and budgeting advantageous
  • Advanced Excel knowledge an advantage
  • Working knowledge of the following accounting standards: IFRS 15 (Revenue), IFRS 16 (Leases) and IFRS 17 (Insurance an added advantage)
  • Be fluent in spoken and written English.
  • Have strong attention to detail and accuracy.
  • Have strong planning, organizing and time management skills.
  • Be able to work independently as well as be a team player.
  • Be able to multitask effectively.
  • Have strong communication and interpersonal skills.
  • Be selfmotivated, by taking an interest in the job, and obtaining satisfaction from the achievement of a job well done.

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