Banking Team Leader at Bryte Insurance Company Limited

Key tasks and accountabilities

• Oversee the day-to-day operations of the Finance Banking team, managing deliverables in accordance with team targets.
• Daily cash planning
• Processing and allocation of insurance receipts
• Processing and approval of local and foreign payments
• Processing accounting journals
• Business credit card expenditure reporting and reconciliation
• Banking platform administration and first line support for online banking users
• Deliver accurate and timely month-end reporting within set deadlines, ensuring completeness and integrity of data
•  Review bank and clearing account reconciliations
• Preparation of the bank reconciliation dashboard, reporting on ageing of balances and progress of
• corrective actions, in accordance with team targets
• Monthly VAT reporting and preparation of VAT201 submissions to SARS
• Manage year-end audit deliverables
•  Develop and enforce accounting policies and procedures
•  Identify and implement improvements to finance systems, tools and processes to drive efficiency and accuracy
• Nurture relationships within the Finance Banking team and facilitate individual growth through effective mentoring and leadership
• General assistance provided to Head of Financial Operations or Finance Manco, as required

Stakeholder Management

Stakeholders include

• Bryte underwriting, sales, claims and finance teams
• Bryte Finance management
• Bryte insurance partners (external)
• Banking institutions (external)
• Internal and external auditors 

Qualification(s) and experience

• BCOM Degree
• 5 years relevant work experience within financial operations and / or banking
• Minimum 3 years’ experience of managing others
• Experience in process implementation 
• Understanding of accounting systems and software beneficial (i.e. SAP)