Finance Business Partner

2 weeks ago


Parktown, South Africa Hollard Recruitment Full time

**Job Advert Summary**:
**Job Purpose**

To compile and analyse the scheme management accounts for partners and to report on those management accounts that are compiled/analysed to partners and other stakeholders (e.g. Divisional CFO, General Managers and External Partners/Finance Heads).
- Timely preparation of management accounts
- Manage and coach a team
- Manage the budget process for the performance cell/partner
- Timely preparation of balance sheet reconciliations
- Assist with defined ad hoc projects according to business needs
- Analysis of divisional expense variance reports
- Responsible for posting journals and assisting with monthly reconciliations
- Assistance in the management of day to day activities of the finance reporting function
- Timely and accurate preparation of allocated scheme Income Statement and Balance Sheet stats
- Each accountant is responsible for a portfolio of schemes
- Monthly timely preparation of management accounts for these responsible schemes
- Co-ordination between partners/ GMs /Principals on obtaining information
- Monitor daily cash balances and prepare top-ups
- Prepare daily payments requisitions
- Prepare monthly reconciliations between sub-ledgers and main ledger
- Review management accounts and present to partner/ business owner
- Attend internal/external meetings to present these results
- Attend to queries relating to the responsible schemes
- Monthly analysis and reporting on variance reports and scheme results, provide explanations on these variances on a monthly basis
- Continuous liaison with, and support of, the client relationship managers and business partners
- Preparation of scheme budgets and forecasts for schemes responsible for
- Be able to prepare and review budgets and forecasts for schemes
- Provide analysis and explanations on the prepared budget and forecasts
- Be able to provide valuable input and challenge business on the assumptions
- Ensuring compliance with accounting practice applicable to insurers, good governance and risk management practice, as well as laws and regulations
- Continuous improvement of accounting and reporting processes in line with partner needs, Group accounting needs and overall business objectives and principles
- To assist with defined ad hoc projects according to business needs
- Planning and support of the year-end audit process
- Provide good audit working papers
- Assist auditors in their audit by providing explanations/ supporting document
- Be able to maintain ‘clean’ scheme accounting and no audit issues arising from schemes responsible for
- Assist internal/external auditors with query resolution
- Attendance at partner meetings
- Ad hoc responsibilities when they arise that are Finance related

**Required Knowledge and Experience**:
Demonstrated experience in operating in a complex environment at a finance manager level

Financial services experience would be an advantage

Demonstrated experience in team management, building relations with senior management and driving change management

**Educational Requirements**:

- CA qualification or equivalent qualifications and experience



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