Your responsibilities will include:

1. Reporting

• MANCO and EXCO Financial Reports; 
• SAP & HFM reports; 
• Full monthly trial balance review;
• Monthly Balance Sheet & Income Statement; 
• Monthly Margin/Underwriting Reports;
• Liaising with Internal & External Auditors; 
• Monthly variance analysis; 
• Monthly KPI/KFIs;
• Review of actuarial provisions and accounts;
• Perform detailed analysis of revenue and costs as and when necessary;
• Investment Committee presentations, report preparations & the implementation of the committee resolutions 
• Ad-hoc tasks

2. Budgeting and Forecasting

• Provide analytical and financial support to the VIC team and assist with the financial aspect of forecasting and budgeting;
• Maintain rolling forecasts of the income statement and balance sheet, updated for actual results and expected future business actions;
• Financial modelling in support of forecasting and budgeting and capex benefit quantification;
• Create budget presentations to explain budgets and strategic objectives embedded therein, including zero-based opex budgets.
• Assist with the Long Range Plan budgets
• ROCE analysis for capital expenditures/budgets
• Ad-hoc forecasting and budgeting activities

3. Cash flow   

• Assist with Treasury requirements to ensure investments maintained within SCR and PA guidelines
• Provisions for payments;
• prepare reports for the Investment Committee and Board reports

4. Business Support and Statutory requirements

• PA Quarterly and Annual Returns; 
• Tax Department support on Insurance returns; 
• Support Actuaries with product development and pricing; 
• IFRS17 and general IFRS compliance; 
• Risk identification and control implementation on all financial processes within the Insurance division.

5. Control and Governance    

• Maintain an effective operational control environment over financial items, identifying weaknesses and development and implementation of solutions.
• Ensure business decisions are implemented and executed within the approved and accepted governance framework.

6. Operational Support

• Manage interface, delivery and reporting deadlines & requirements from Financial Operations for month ends, various forecasts, presentations and commentary;
• Assist with Financial Models developments

7. Capex    

• Understanding, monitoring and analysis of the capex budget and capex spend;
• Assist with reporting and cash flow requirements;
• Review of capex spend and challenge spend.

8. Other    

• Understanding of the Planning Tool and the submission of budgets and forecasts on this platform;
• Assist with business cases and ensure proper process is adhered to;
• Perform ad-hoc tasks and projects relating to Finance and/or Commercial issues.

The ideal candidate for this role will have:

• Bachelor of Commerce degree – essential
• Minimum 3-5 years financial experience – essential
• Insurance industry knowledge – essential
• Previous ICT (Information and Communications Technology) industries experience an advantage.

Technical / Professional Expertise

• Finance experience gained in large, multi-national organization.
• Financial analysis & interpretation.
• Report writing.
• Understanding of systems and integration thereof into ERP.
• Business planning.
• Performance Monitoring.
• Understanding of accounting processes.
• Risk Assessment & Controls.
• Advanced skills in Excel, Word and PowerPoint .
• Presentation skills.
• Advanced ERP skills.
• Experience in financial and business analysis.
• Data extraction, transformation & manipulation skills.
• SAP and HFM
• Oracle Planning Tool