Group Finance Manager

4 weeks ago


Soweto, Gauteng, South Africa PPS Full time
PPS's job vacancy, Career and Recruitment

Job title : Group Finance Manager – JHB jobs in Gauteng

Job Location : Gauteng, Johannesburg

Deadline : May 15, 2024

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Minimum Requirements

Education:

CA (SA) with minimum of 3 years post articles.

Experience:
Completed Articles.
Previous experience in an Insurance company would be an advantage.
IFRS17 knowledge an advantage.
Proven track record of being involved in the preparation or audit of Annual Financial Statements in the financial services sector.
Experience in a financial accountant role.
Exposure to various software solutions.
Knowledge of Great Plains an advantage

Knowledge and Skills:
Good technical accounting knowledge of IFRS. This role gives technical input into Accounting for PPS.
Insurance Limited and PPS Insurance (Namibia) Limited and disclosure thereof.
Financial Reporting knowledge and understanding.
Managing process and people to meet strategic objectives and deadlines.
Key person ensuring control environment is sound regarding Financial Reporting.
Expresses opinions, information and key points of view clearly and assertively.
Anticipates and responds appropriately to the needs, reactions and feedback of various stakeholders internally and externally.
Able to prioritise and work under pressure.
Able to meet strict deadlines

Competencies:
Confident.
Self-starter.
Persuasive and influential.
Good networking skills.
Good presentation skills.
Manages expectations.
Self-aware.
Professional.
Responsible & accountable.
Attention to detail

Duties and Responsibilities

Processing:

Review of transactions in the General Ledger system including Reinsurance, Expenses, provisions and other.
Review of all Invoicing and monitoring of payments between company and subsidiaries.
Reviewing preparation and Payment of monthly reinsurance.
Managing the Accounting Treatment of all leases within the companies.
Managing the recoverability of reinsurance claims from reinsurers with the actuarial department.

Reconciling:
Reviewing of all relevant balance sheet accounts to third party documentation.
Resolving outstanding issues timeously.

Management Reporting.
Reviewing Commentary on variances in the I/S and B/S of the entities.
Reviewing and at times preparation of the Group Dashboard.
Reviewing expenses to Budget by Company / Cost centre and familiar with reasons for variances.
Preparation of monthly expense reports to be sent to each Exco member.
Review and preparation of Exco slides for Budget / Forecast

Budgeting:
Overseeing and managing the budget process for INSCO, Namibia, Foundation, Property Fund Trust and Holdings Trust entities.
Review and managing of Input of budgets for central costs and revenues.
Review of budgets and obtain a sound knowledge of what is driving income and expenses.
Preparing budget /forecast presentations for Exco and Board budget meetings.

Statutory reporting:
Prepare and reviewing of the annual financial statements of all entities.
Providing all requested information to auditors (external & internal) and attending to Audit queries.

Team support:
Providing input into tax and statutory reporting.
Running of all Trial Balances from Great Plains.
Work closely with bookkeepers & creditors to ensure correct accounting and allocations in General Ledger.
Assisting with Ad Hoc requests of the Senior Manager and Executive of Finance.
Managing two direct reports and their performance reviews

Special Projects:
Actively involved in new projects including various automation projects of the Group Dashboard and other Financial reports.

*Accounting / Financial Services jobs in south africa
*Group Finance Manager – JHB in Johannesburg
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