Head of Financial Reporting
1 month ago
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.
- 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).
- 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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