Finance Business Partner - Parktown at Hollard Insurance

Role Objective: 

• To provide financial support to business, support areas and central finance via monthly financial reporting which includes analysis and analytics work and provide assistance for strategic projects

Key Responsibilities: 
Reporting and Planning:

• Assist in reporting to divisional/partner board meetings and Mancos (where applicable)
• Validation of commercial terms and profit share structures to be used in financial reporting (pre GL; 
• Management Accounting; budget models); and communication of these to relevant stakeholders
• Monthly business analysis (Health chart / Management reports)
• Analyse and report on business unit profitability, trends and balance sheet
• Implementation of group and divisional financial controls based on overall company guidelines and 
• procedures
• Implement relevant reporting KPI’s to measure performance against strategic objectives
• Review management accounts prepared by Management Accountants for validity and accuracy
• Review of reconciliations prepared by Management Accountants
• Timetable management for Group/Business Unit/Partner deliverables
• Facilitate budget process for portfolio
• Assist in preparation of valuations for equity investments
• Consolidate reports for reporting to group finance and Hollard Life Exco

Decision and Support:

• Critical evaluation of budget inputs and outputs (business inputs and other contributors) against prior 
• performance; strategy and for reasonability.
• Assist in providing strategic financial information to support Business Unit decision-making
• Assist with Capital Management of projects and activities that are not producing an attractive rate of 
• return to more lucrative opportunities
• Forecasting and communicating business changes so that leaders can position the business to either 
• exploit opportunity or mitigate risk
• Review and implement financial and operational processes for exposure to financial and business risk
• Ensure and monitor high quality standards (best practice accounting) are maintained by the portfolio as 
• set for the group.
• Analysis, interpretation, and evaluation of performance against strategy
• Profitability analysis
• Cost management and analysis
• Assist with Investment appraisal (business case; scenario testing; competitor analysis; etc.)
• Support decisions on commercial terms and profit share structure (new and changes to existing)
• Risk management (financial; strategic and operational)

Relationships: 

• Key stakeholder and work stream relationship management (both internal and external) (e.g. actuarial;  central finance; IT; BU Finance; Principals; Partner; auditors; etc.)

People Management: 

• Business continuity management (work plan management)
• Manage staff performance (setting & communication of prioritization, standards requirements and 
• managing delivery of these KPIs)
• People management (Recruitment & Induction and Training & Development
• Required Knowledge and Experience    
• 3 years management experience including IFRS 17 experience
• Insurance Industry experience preferable
• In depth knowledge of financial and management accounting
• Technical insurance accounting as well as strong advanced excel skills
• Knowledge of accounting packages and strong knowledge of accounting principle practices, systems and controls including budgeting, forecasting, and variance 
• analysis
• Knowledge of Great Plains accounting software advantageous
• Business acumen
• Customer service orientation
• Stake holder management – very important
• Excellent interpersonal communication skills
• Analytical thinking and problem-solving skills
• Good time management / project management

Educational Requirements    

• Qualified CA (SA) /CIMA
• Bachelor Degree in finance