Finance Business Partner

7 days ago


Parktown, South Africa Hollard Recruitment Full time

**Job Advert Summary**:
Helloan exciting new opportunity has just become available in our **Insure, Finance area.** We are looking to recruit a **Finance Business Partner**

**Role Objectives**:
Responsible for Reporting & Planning; Review of BU KPIs and management accounts to ensure accurate analysis & evaluation of BU performance against strategic imperatives.

**Key Responsibilities**:

- Monthly business analysis, analysis and reporting on BU portfolio profitability, trends and balance sheet.
- Validation of commercial terms and profit share structures to be used in financial reporting (Finance ops; Management Accounting; budget and forecast models); and communication of these to relevant stakeholders.
- Review and implement financial and operational processes for exposure to financial and business risk
- Profitability analysis, Cost management and analysis
- Review the ledger monthly for business area view, submit review notes and sign off all the income statement and balance sheet accounts
- Review Balance sheet reconciliations and advise of any discrepancies and reconciling items
- Provide consolidated commentary on monthly and year to date results
- Implement relevant reporting KPI’s to measure performance against strategic objectives
- Review management accounts prepared by Management Accountants for validity and accuracy
- Review of reconciliations prepared by Management Accountants
- Decision & Support: critical evaluation of budget inputs and outputs (business inputs and other contributors) against prior performance; strategy and for reasonability
- Assist in providing strategic financial information to support Business Unit decision-making
- Forecasting and communicating business changes so that leaders can position the business to either exploit opportunity or mitigate risk
- Relationship: key stakeholder and work stream relationship management (both internal and external) (e.g. actuarial; central finance; IT; partners; auditors; etc.)
- Expense management review and critical analysis of the IT support unit’s expense management
- Identify efficiency opportunities within the finance and business environment and implement
- Manage and lead team of management accountants and cash book clerks

**Required Knowledge and Experience**:

- 5 -8 years reporting experience in the financial services industry,
- 3 -5 years people leadership experience
- Insurance Industry experience preferable
- Knowledge of accounting packages, systems and controls including budgeting
- Exceptional Business acumen and broad business knowledge
- In depth knowledge of financial accounting and related processes & International accounting standards
- Continuous learning ability, resilient critical thinker, collaborator & change agility, digital literacy

**Educational Requirements**:

- Matric
- Qualified CA (SA)



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