Financial Director

M-Sure has been focused on providing the best Value Added Products (VAPS) to our clients for over 20 years. Previously known as Regent VAPS & SA Warranties, the coming together of these two powerful brands led to a new brand with a shared vision of driving smart solutions in the automotive industry in South Africa. M-Sure is a subsidiary of Motus Holdings, a leading JSE listed company in the Automotive Industry & is seeking to employ an energetic, deadline driven & hardworking individual with strong financial acumen in the role Finance Director. The company is based in Edenvale, Johannesburg.

The purpose of this role is to lead business & its development through collaboration with the M-Sure Executive Team, Board of Directors, & finance team. To direct, add value & enable business decisions through strong leadership capabilities, exceptional strategic thinking, & attention to detail. The role requires an understanding of South African financial & compliance regulations.

The role will report to the Managing Director of the division & have three direct reports

**Position Overview**:
Main activities will include:

- Overall responsibility and oversight of the division’s financial department and results
- Responsibility for all financial matters, including management & financial reporting; budget development, planning & analysis, billing, debtors, creditors and fund accounting
- The management of operational matters, including directing of staff and monthly payroll
- Leading financial processes while ensuring cost containment and financial discipline, effective management of internal and external audit

**Specific Role Responsibilities**:

- **Strategic Financial Leadership**:

- Lead the development and implementation of the division's financial strategy in alignment with business objectives
- Advise the executive team and board on financial planning, forecasting, and risk management
- Champion projects that have broad implications across the organisation by aligning and influencing all key stakeholders
- Provide key insights to support business growth, acquisitions, and other strategic initiatives
- Participation in board, executive & insurance fund committees
- **Financial Management & Reporting**:

- Oversee accounting standards selected and implemented by the organisation
- Oversee the preparation of accurate and timely financial statements and other financial reporting in compliance with IFRS (International Financial Reporting Standards) and relevant South African regulations
- Ensure the integrity of the division's financial reporting, including monthly, quarterly, and annual financial statements and other financial reports
- Identify and implement best practice management; provide strategic insight on the content of reports
- Select and drive the development of appropriate financial and operational indicators
- **Analysis, forecasting and budgeting**:

- Lead budgeting and forecasting processes and ensure financial plans are aligned with business objectives
- Set standards for business analysis to support strategic direction and comparison; develop and implement finance solutions to complex and high-value commercial decisions including risk and business delivery
- **Financial Process, Control, Compliance & Risk Management**:

- Analysis of insurance product performance & interact with actuaries.
- Ensure compliance with local tax laws, financial regulations, and governance standards in South Africa
- Manage internal controls and implement best practices to mitigate financial risks
- Identify and manage financial risks and ensure the development of appropriate risk management frameworks
- Oversee the auditing process and liaise with external auditors, tax department, and other regulatory bodies
- Set demanding and realistic targets for process improvement and ensure changes to existing processes are carried out in a systematic and logical way
- **Team Leadership & Development**:

- Lead, mentor, and develop the finance team, fostering a high-performance culture
- Ensure proper staff training, performance evaluations, and succession planning within the finance department

**Qualifications and Experience**:

- CA (SA) and 10 years post articles work experience
- Experience in a leadership role in a similar environment.
- Experience in Financial Risk Management in insurance sector
- Experience with governance, policies, & financial controls.
- Critical thinking and inquisitive nature
- An entrepreneurial spirit
- Strong operational finance & people management experience.
- Strong focus on ensuring internal controls are in place to mitigate risk & ensure the safeguarding of business assets
- Strong analytical ability to interpret financial information, attention to detail
- Ability to multi-task, cope under pressure, and succeed in a high-performance culture
- Strong ability to adapt to change
- Strong verbal and written communication
- Strong MS Office skills (Word, Excel (Advanced), PowerPoint, Visio)
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