Head Balance Sheet Control: SPA Gi

5 days ago


Bellville, South Africa Sanlam Full time

Who are we?
Sanlam Emerging Markets is responsible for Sanlam’s financial services (life insurance, general insurance, banking, retail credit, health, bancassurance, and asset management) in emerging markets outside South Africa. We are a dynamic business with a culture of high-performance, innovation, thought leadership, proactivity and learning. Our diverse footprint spans 34 countries across Africa. This creates exciting opportunities to learn, grow and work as you interact with colleagues from different cultures and backgrounds. Our vision is to create the leading pan-African financial services business. We believe in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success. What will you do?
Reporting
- Monthly financial management of Balance Sheets across SPA GI in accordance with company policies and IFRS reporting standards. I.e. ensure accurate recording/valuation of all assets and liabilities,
- Manage and coordinate the month-end reconciliation processes of assets and liabilities to ensure timely and accurate financial management reports and commentary, which includes collaboration with the local businesses.
- Analyse balance sheet movements in relation to previous year and budget and contribute to planning and forecasts where relevant
- Monthly reporting of aged debtor balances
- Ensure inter group balances are reconciled monthly
- Oversee financial processes and controls of SPA GI balance sheets in line with Sanlam standards
- Adoption and monitoring of relevant balance sheet reporting standards across the group and ensure group financial reporting requirements are adhered to
- Assist and provide guidance to local internal and external audit matters for the SPA GI businesses

Financial management
- Provide input to performance to assist the SPA GI cluster to deliver on the Return on Group Equity Value (RoGEV - the primary measure used to evaluate performance)
- Balance sheet reviews of subsidiaries and associates to identify areas of optimisation and areas of risk and control issues
- Advise on effective internal controls and systems to ensure the achievement of objectives relating to operations, reporting and compliance
- Ongoing review of existing processes to identify and deliver on improvement plans

Strategic and developmental
- Regular interactions and financial support to business CEO’s CFO’s & senior internal stakeholders.
- Develop and facilitate training programmes for business CFO’s and senior finance members
- Manage and coordinate projects to standardise balance sheet management and reporting

Qualification and Experience
- CA (SA) or equivalent with at least 3 years post articles experience within either financial services, a multinational group or large accounting firm.
- Experience in implementation of financial systems will be advantage

Knowledge and Skills
- Strong financial reporting and accounting skills
- Insightful at analytical review, results analysis and results commentary
- Understanding of systems and how these impact on the business
- Must be bilingual (French and English)

Personal Attributes
- Business insight
- Systems and systematic thinking skills (Big picture as well as attention to detail)
- Manage complexity, pressure and change effectively
- Growth and improvement mindset
- Strategic decision-making ability
- Diplomacy
- Excellent communication with ability to connect and collaborate effectively
- Adaptability and flexibility with different business and national cultures
- Strong personal integrity and values driven work ethic

Core Competencies
- Cultivates Innovation
- Client Focus
- Drive Results
- Collaborates
- Flexibility and adaptability

Turnaround time
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 four business clusters - Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development. Our commitment to transformation
The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.



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