Finance Assistant

1 week ago


Bellville, South Africa Sanlam Full time

Who are we?
Sanlam Group Technology is responsible for the provision of a digitally enabled technology service as a group COE, drive business and transformation and provide group-wide digital and data architecture. We operate the various technology platforms and shared services, ensure Cyber and Information Security resilience, and act as technology governance and risk orchestrator for technology across Sanlam.
What will you do?
This is a Support role to the Finance Department. The role does require a well-balanced individual to navigate between huge amounts of invoices and financial deadlines.
Key is to balance the deliverables with the people you have to deliver this and keep them motivated. Zero tolerance for error and absolute necessity for correctness make this a key building block for the Group Finance Team.
The role is primarily accountable to ensure that all the financial and accounting data is allocated to the correct groups and that money (including forex and local payments) are processed according to required standard and according to the pre-defined Governance.
This person is responsible to communicate to Internal as well as external stakeholders and can have an impact on the Brand of SGT on how we are doing business.
What will make you successful in this role?

- Investigate variances of Expenditure and Recovery between Actuals and Budget and assist Financial Controller
- Reconciliation of:

- Permanent headcounts (monthly) between Actuals and Budget

- Contractor's listing (monthly)

- Fixed assets (all) and ensuring that assets are loaded onto assets register and reconciled to ensure budgets are correct for the next budget cycle

- Provide reasons for over / under spend on recon items monthly
- Follow-up and obtain approvals from relevant Exco/Manco members on critical time sensitive documents, payments and approvals
- Assist with audit queries and provide necessary documentation.
- Handling of queries daily
- Contractors Audit Reporting
- Capturing and Recon of Invoices and Journal
- Journals for Accruals and Receipt of Goods on PO's
- Verify Receipt of Goods
- Prioritise and re-prioritise work to meet deadlines due to changes
- Ensure that processes are draw up and kept up to date for consistence in delivery.
- Handling Ad hoc queries or requests from Vendors and Clients
- Assist Financial Controller during Budgeting Process

Qualification

- Matric
- Post Matric Financial Qualification

Experience

- 2 years experience within the the Financial and Accounting environment
- Providing support for month end in the Finance environment
- Intermediate to Advanced Excel skills
- Accounting Principles knowledge
- Working knowledge of SAP

Knowledge and Skills
Recording of financial Transactions
Reconciliations and query resolution
Compliance with SOP's and SLA's
Authorisation of transactions within mandates
Personal Attributes
Manages conflict - Contributing independently
Demonstrates self-awareness - Contributing independently
Optimises work processes - Contributing independently
Action orientated - 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 five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as Mi Way and the Group Office – the group provides many opportunities for growth and development.
Core Competencies
Cultivates innovation - Contributing independently
Customer focus - Contributing independently
Drives results - Contributing independently
Collaborates - Contributing independently
Being resilient - Contributing independently
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
Closing date: 22 November 2024
Our commitment to transformation
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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