Financial Controller: Commission
2 weeks ago
Who are we?
Sanlam Developing Markets [SDM] (a wholly-owned subsidiary of Sanlam Life Limited) is one of the top financial services providers in the South African entry-level and emerging middle market. It aims to understand the unique requirements of clients and offers a wide range of simple and affordable financial solutions that cover needs such as funeral insurance, savings for education, life cover and personal accident plans. In terms of the Sanlam Group Governance Policy, SDM is managed by the SA Retail Mass cluster, which is part of the Sanlam Life and Savings cluster within the Sanlam Group. The cluster focusses on retail products, as well as group schemes. What will you do?
Preparation of new business reports including updating of forecasts and budget
Preparation of month end journals
Preparation of monthly reconciliation between general ledger and reports/schedules
Preparation of sales staff payroll reconciliations for the distribution channels.
Indirect commission & incentives calculations
Preparation and updating of overrider schedules
Updating debt balances and maintaining debt schedules
Adhoc work relating to indirect sales remuneration, debt balances, bad debt provisions & new business reporting
Liaise with Broker Support, Payroll and internal & external audit
Qualification & experience
B.Com. Accounting (or similar degree or diploma with financial accounting as a major) is essential.
Preferable 3-4 years’ experience in a similar capacity within Finance
Experience in the financial industry will be advantageous
Knowledge and skills
Proficiency in MS Word and Excel is essential.
Proficiency in SAP is preferable.
Personal qualities
Analytical Thinking
Decision Making
Results Driven
Problem Solving
Adaptability and Flexibility
Attention to Detail/Accuracy
Deadline Driven/Efficient
Work Under Pressure
Team Player
Time Management
Communication
Open to Feedback
Building and Maintaining Relationships Personal Attributes Action orientated - Contributing independently Financial acumen - Contributing independently Optimises work processes - Contributing independently Plans and aligns - Contributing independently Build a successful career with us
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. Core Competencies Being resilient - Contributing independently Collaborates - Contributing independently Cultivates innovation - Contributing independently Customer focus - Contributing independently Drives results - Contributing independently Turnaround time
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.
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