Head of Financial Reporting

1 month ago


Johannesburg, Gauteng, South Africa Sanlam Full time
Job Title: Head of Financial Reporting

We are seeking a highly skilled and experienced Head of Financial Reporting to join our team at Sanlam in Fourways, Johannesburg.

Job Summary:

The Head of Financial Reporting will be responsible for producing high-quality financial reports, financial statements, budgets, and forecasts. This role will report directly to the Chief Financial Officer and will oversee tax matters, regulatory, investment, and projects.

Key Responsibilities:
  • Oversee the completion of monthly trial balances, underwriting results, and reporting to internal and external parties.
  • Reinsurance accounting, including review of reinsurance credit control.
  • Reconciliation of IFRS 4 vs IFRS 17 results (transition).
  • Oversee the VAT and income tax payment processes.
  • Monthly management accounts preparation and presentation to Exco.
  • Review of group reporting financial pack.
  • Oversee Group and internal projects.
  • Preparation of annual financial statements.
  • Preparation of annual tax return.
  • Developing and maintaining budgets and quarterly forecasts.
  • Regulatory reporting and compliance.
  • Banking and investments – authorization of payments and managing investments.
  • Peer Review - Internal review of Underwriting, Claims, and SASRIA matters.
  • Oversee External and Internal auditors.
  • Lead, oversee, guide, and develop the finance team in an inspiring environment with open communication culture.
  • Discover training needs and provide coaching for the finance team.
Requirements:
  • Relevant bachelor's degree and postgraduate qualification.
  • Minimum 10 years working experience.
  • Strong knowledge of financial reporting, IFRS, and tax.
  • Technical skills: short-term insurance and reinsurance accounting (non-negotiable).
  • SAICA articles would be an advantage.
  • Computer literacy (MS Office).
Skills and Competencies:
  • Excellent ability to problem-solve, along with solid analytical skills.
  • Strong level of accuracy and self-review.
  • Ability to work at the conceptual as well as detailed level.
  • Ability to review data and make relevant management decisions.
  • Strong organisational and project management skills.
  • Excellent verbal and written communication skills, and the ability to communicate effectively at all levels.
  • Interpersonal skills, to lead, influence, and motivate.
  • Leading Self – taking ownership for own performance and decisions.
  • High level of self-discipline and responsible individual.
  • Independent research skills.
  • Pro-active, self-starter.
  • Presentation skills.
  • Emotional intelligence.
  • Focused and results-oriented, driven by excellence, and a change agent.


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