Senior Finance Manager (Finance Manager / CA(SA) / Insurance / Contract) - Cape Town, South Africa
- Recruiter
- Africa Jobs | CA Global Headhunters
- Location
- United Kingdom, United Kingdom
- Salary
- Competitive salary
- Posted
- 17 Jun 2021
- Closes
- 13 Jul 2021
- Ref
- 14363063
- Job role
- Finance manager
- Sector
- Insurance
- Experience level
- Manager
Reference Number: CLDFDS03
Job Description:
An Insurance Client is looking for a registered CA(SA) Senior Finance Manager to assist in the management and monitoring of all financial control systems to ensure proper and accurate reporting of all financial results and financial regulatory requirements. This role further requires engagement with all other relevant holding company divisions and departments to ensure the effective operational functioning of all aspects.
Responsibilities:
Please visit www.caglobalint.com for more exciting opportunities.
Clifford Ndlebe
Recruitment Consultant
Finance
Clifford Ndlebe | Recruitment Consultant
CA Finance Recruitment | Tel: +27216599200
cndlebe@caglobalint.com
Please note only shortlisted candidates will be contacted. All CV's will be saved on our database for future positions.
Job Description:
An Insurance Client is looking for a registered CA(SA) Senior Finance Manager to assist in the management and monitoring of all financial control systems to ensure proper and accurate reporting of all financial results and financial regulatory requirements. This role further requires engagement with all other relevant holding company divisions and departments to ensure the effective operational functioning of all aspects.
Responsibilities:
- Analyze claim trends and draft relevant reports
- Daily interaction with claims teams to achieve accurate claims results for the month as well as accurate provisioning
- Prepare and comment on findings within reports at Management board meetings.
- Make recommendations based on results of the data analysis
- Oversee claims month end process - ensuring correct controls, accuracy, and completeness
- Accurate accounting and VAT treatment
- All claims related reconciliations
- Monthly reporting - to insurer and clients
- Interaction with cell captive insurers and head of risk financing solutions of holding co
- Ensure planning of systems and processes for effective financial, regulatory and tax management
- Provide the necessary budgetary and forecasting processes for Group Risk Solutions for all operational and capital expenditure requirements
- Development of Risk Finance Assistant, Management accountant, and Finance Manager
- Execution of the Clients finance strategy as agreed with the Head of Risk Finance Solutions
- Ensure planning of systems and processes for effective financial, regulatory and tax management
- Prepare and compare Cell Financials with Insurance company
- Prepare board packs for first party cell captive board meetings
- Attend cell captive board meetings and present cell financials
- Manage all Client board deliverables and execution of action items on cell captive boards
- Review Cash book clerk's daily activities
- Oversee the Investment and disinvestment of daily funds into and out of the various investment accounts
- Preparation and review of monthly reconciliations on the Holding company recon tools
- Review and sign off on Junior staff's recons
- Reporting on long outstanding items to the holding company as well as on action plans to resolve
- Oversee and check Personal Lines reconciliations with management accountant, communication with Personal Lines department and various operating companies
- Oversee and drive all interim audits with Finance Manager
- Oversee and drive Clients annual year-end audit with Finance Manager
- Main contact between external auditors, the Clients Finance team and Head of risk finance solutions of holding company
- Oversee the issuing of financial information and financial reporting
- Overall accountability for business financial information systems
- Arranging board/related meetings and ensuring there's a proper record of the meeting and action plans
- Advising the directors on all financial regulatory and statutory matters
- Responsibility for all accounting, tax and treasury transactions, including foreign transactions and the functioning and processing including capturing into appropriate recording systems
- Ensure all financial related internal and external audits are facilitated and all findings and/or recommendations are corrected and/or implemented
- Manage all third parties' relationships for financial related functions, including for those that have been outsourced, and provide measurement regularly in terms of agreed to SLA's
- Maintain the relationship with Compliance Officer's, Key Individuals and other persons at regulatory & statutory bodies
- Implement sound performance management & transformational leadership practices
- Manage performance of team through performance process and plans
- Ensure that the team structure is resourced by motivated & empowered staff
- Ensure optimum structure and composition of financial resources
- Ensure the progress of all Finance action plans presented and approved by Boards
- Must be a registered CA(SA)
- Minimum of a BCom or Finance Management Hons degree
- Minimum of 5 years' experience in Management of direct reports
- Previous experience in financial management essential
- Previous experience in Insurance or financial services
- Proficient in Excel & Access
- Able to solve problems
- Key to this role is working closely with the businesses, internal and external
- Understanding of core business functions, requirements and pressures
- Absolute accuracy and attention to detail
- Excellent communication skills, verbal and written
- Goal orientated with focus on timely delivery and willingness to work till the task is complete
- Planning and organizing across businesses, divisions and available resource essential
- 6 Month Contract with possibility of becoming permanent
Please visit www.caglobalint.com for more exciting opportunities.
Clifford Ndlebe
Recruitment Consultant
Finance
Clifford Ndlebe | Recruitment Consultant
CA Finance Recruitment | Tel: +27216599200
cndlebe@caglobalint.com
Please note only shortlisted candidates will be contacted. All CV's will be saved on our database for future positions.
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