Senior Financial Manager: NMSIS

About NMS Insurance Services
NMS Insurance Services (SA) Ltd ("NMSIS") is a composite microinsurer within Sanlam Fintech ("SFT"), acquired in November 2024 from the MultiChoice Group ("MCG") (60% interest). We manage over 2.7m policies across roughly 2m clients in South Africa, delivering a bottom-line of approximately R500m, and with a bold ambition of more than double in size within five years, as we expand into the Rest of Africa ("RoA"). Historically a product-focused microinsurer, we are now actively repositioning as the orchestrator of financial services within the MultiChoice ecosystem — a shift that will redefine our scale, partnerships, and impact. This strategic shift will see us expand beyond our licence-based products to deliver a broader range of embedded and standalone solutions from NMSIS, Sanlam, Santam, and affiliated partners. Our mandate extends to driving the success of the "Sanlam | Santam | MCG" Joint Venture in both South Africa and the

RoA, working closely with SanlamAllianz and MultiChoice Africa Holdings.

Sanlam is a leading financial services group, recognized for its innovative approach towards providing comprehensive insurance, investment, health, and credit solutions to millions of clients across Africa. As part of its strategy, it is part of Sanlam's mission to digitize new and existing business models and activate them to acquire digital-first customer segments that have historically been difficult and expensive to acquire.

About The Role
This role will be responsible for the comprehensive oversight and execution of reporting (incl. management, risk, regulatory and statutory) strategy and processes.

Reporting to the Chief Financial Officer of NMS Insurance Services, the Senior Financial Manager will be responsible for supporting the Chief Financial Officer with driving the various Finance objectives in line with the company culture. The Senior Financial Manager will be responsible for supporting the management and direction of finance resources, providing sound financial advice, ensuring that stringent and rigorous accounting processes and controls are in place, ensuring accurate reporting of financial results and operational excellence.

Role And Responsibilities
Budgeting & Forecasting

• Lead annual budgets and multi-year plans aligned to strategic goals, KPIs and key business drivers.
• Manage efficient target-setting and ensure adherence to Group Finance principles.
• Refresh forecasts regularly, improving reliability through robust tracking and analysis.
• Provide insight-driven analytics to support executive decision-making and drive operational efficiency.

Financial Control & Close

• Oversee accurate IFRS-compliant financial statements and timely month-end, quarter-end and year-end close.
• Manage internal and external audits, ensuring strong internal controls, reconciliations, and master data governance.
• Oversee taxation processes (CIT, VAT, DWT) and ensure compliance in collaboration with Group tax experts.Identify and mitigate financial risks through proactive controls and regular IFC/RACM reviews.

Financial Reporting

• Drive accurate and timely management, regulatory and statutory reporting.Enhance reporting systems and BI tools, ensuring robust financial data governance.
• Analyse business performance, provide insights on trends, and support cost management.Prepare AFS, Board/Audit Committee packs, and regulatory returns.
• Uphold governance principles (King IV, Companies Act) and manage first-line risk processes, including CURA updates.

Collaboration & Stakeholder Management

• Work closely with finance, tax, actuarial, treasury, IT and business teams across Sanlam, Santam and Multichoice.
• Contribute to business-critical projects, including the transition from Multichoice to Sanlam.

What will make you successful in this role?

• Playing an integral part in developing and implementing the Finance OKRs that support the business OKRs.
• Being a team player and getting satisfaction from seeing the team succeed.
• The team's success is my success.
• Owns problems that require coordination across multiple teams, roles and/or individuals.
• Encourages and facilitates creative problem-solving across teams, fostering collaboration to tackle complex challenges with limited resources.
• Independently discovers, scopes and breaks down complex impactful work for self and others, ensuring accountability and inspiring ownership for team outcomes, whilst leading by example during execution.
• A positive, client centric and growth mindset, proactively seeking self-development opportunities to increase impact through quality service delivery.
• Continuous pursuit of innovative solutions.
• Promote and uphold the brand, culture and values.
• Embodying the values of honesty and integrity.

What will you enjoy?

• Participating in and support with embedding a high-performance culture where ownership, speed and agility is required to make an impact and the knowledge that your contribution is valued.
• Learn from organisational experts and having access to a network of seasoned professionals to leverage expertise from.
• Diving into projects that touch the lives of millions. Making a real difference in the lives of people through financial inclusion and education.

You will be the best Candidate if you have
Qualifications

• CA (SA) Qualification
• Experience in managing finance delivery

Experience

• Minimum 8-10 years senior management experience within the Financial Services Industry.
• Excellent leadership, communication and interpersonal skills (influencing and relationship building).
• Strategic thinker with the ability to translate complex data into actionable insights.
• Strong analytical and problem-solving skills.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Detail-oriented with a commitment to accuracy and pride in quality product delivery.
• Excellent team player with a collaborative approach to working with cross-functional teams.

Knowledge

• Proficiency in financial software and data analytics tools (e.g. SAP, HFM, PowerBI, etc.) – Visualisation & dashboarding.
• Strong knowledge of IFRS and regulatory requirements.
• Strong knowledge of taxation.
• Very Good technical accounting knowledge.
• Knowledge of Sanlam's financial reporting systems

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 MiWay and the Group Office – the group provides many opportunities for growth and development.

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.

Our commitment to transformation
The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.