Group Reporting Manager
1 month ago
**What will you do?**
- Santam Financial Management - Group Reporting has a position available for a **Manager: Group Reporting** who will be based in **Cape Town.**
**What will make you successful in this role?**
- The incumbent will be responsible for the financial and statutory reporting function of the Santam group, including dealing with accounting technical matters. This encompasses both externally directed financial reporting to shareholders and the Board as well as internally focused reporting with regards to management reports. Duties will include:
- Meeting all statutory reporting requirements - producing accurate financial reports to specific deadlines
- Centre of expertise for technical reporting matters and International Financial Reporting Standards (IFRS) requirements for the Santam Group; keeping abreast of changes in financial reporting requirements, regulations and legislation
- Quality control of subsidiary reporting packs
- Ensure that accounting policies and procedures are adhered to and financial records are valid, accurate and complete.
- Development of accounting and management information systems, processes and reports to ensure that:
- all generated reports correctly reflect transactions that have occurred
- appropriate reports are prepared for management and the board of directors to enable them to properly review information necessary for controlling the business and for decision making purposes
- Reports meet requirements of stakeholders and the relevant service level agreement
- Researching and reporting on factors influencing business performance
- Managing the group’s consolidation processes and systems
- Manage and oversee effective, accurate and timely reporting to the holding company (Sanlam), meeting deadlines and quality requirements
- Liaising with auditors to provide required information and explanations to ensure an efficient audit process
- Staff management & development
**Qualification and Experience**
- CA (SA)
- Minimum 5 years financial services experience at a senior level; experience in the insurance industry on a senior level would be highly recommended
- Extensive financial accounting experience in complex technical environments, including group reporting experience
- Currently operating in a senior reporting role in an insurance group or in a senior management role of an audit firm with extensive experience in the audit of insurance or financial services groups
**Skills**
- Strong numeracy and analytical skills
- Results orientated and deadline driven
- Capacity to operate in a high pressure environment
- Critical thinking skills and an eye for detail
- Problem solving
- Strong MS Excel skills
- Financial and business acumen
- Good communication skills and ability to manage a diverse range of stakeholders
- Good people management skills
- Strong capability for research of a technical nature
**Knowledge**
- In-depth technical knowledge of insurance accounting
- Comprehensive and extensive knowledge of IFRS and a keen interest in IFRS developments
- Insurance Act, Tax Act, Companies Act
- Tax knowledge, planning and administration
- Computer literate (Advanced Excel)
- Knowledge of and experience with Hyperion Financial Management would be highly recommended
**Core Competencies**
- Cultivates innovation - Contributing through others- Customer focus - Contributing through others- Drives results - Contributing through others- Collaborates - Contributing through others- Being resilient - Contributing through others**About The Company**
- Santam is the leading short-term insurer in South Africa. Along with its subsidiaries, the business transacts all classes of short-term insurance. Santam is a large, diversified, and transforming company and our success is rooted in our passion for our clients. Everything we do is centred on our delivery of Insurance Good and Proper.- Please note this appointment will be made in line with the Divisional Employment Equity targets. People with disabilities are welcome to apply.
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