Finance Business Partner at Santam Insurance

Job Description

• As the Finance Business partner within Broker Solutions (BS) Finance team, responsible for the financial management, reporting, data and regulatory reporting, the role is requires the delivery of quality, accurate and complete management reporting, which will enable the understanding of the BS business and enhance the strategic, risk and financial management of the business.

Key Responsibilities
The key responsibilities include the following:

Monthly financial management reporting. 

• Reporting that is in accordance with the Santam Group requirements, accounting policies including IFRS and Regulatory requirements.
• Setting up processes to ensure efficient and effective delivery of reporting requirements by Business Units within the required Group Reporting timelines.
• Support the financial reporting requirement where business change necessitates reporting changes.
• Variance analysis and reporting of revenue and expenses.

Forecast, Budgeting, Scenario planning and Analysis

• Effective and efficient quarterly forecasting and annual budgeting 
• Supporting the BS Business with financial planning, scenario planning, and strategic business case development.

 Other Reporting Responsibilities:

• Team management, training, mentoring, and coaching.
• Coordinate the monthly financial reporting to the CS Business and Santam Group Exco.
• Coordinate the quarterly financial reporting to the CS Board.
• Ad hoc data analytics and reporting.

 
Qualifications and Experience

• CA or CIMA qualification
• Minimum 7 years of experience in a financial department
• Minimum 5 years of experience in financial analysis/ management reporting
• Experience in setting up financial reporting processes
• Experience in data validation, accuracy and completeness reporting is strongly recommended
• Insurance industry experience is strongly recommended

 
Competencies

• Strong resilience and a positive attitude is required
• Strong relationship management skills required
• Be able to analyse information and have attention to detail 
• Self-confidence & assertiveness
• Leading and deciding
• Planning and organising
• Analysing and interpreting
• Creating and conceptualizing
• Applying expertise and technology
• Pro-active and achievement orientation
• Adherence to principles and values
• Work well in diverse and changing environment
• Delivering results and managing customer expectations

 
Skills and Knowledge

• Strong excel skills required
• Excellent analytical skills and logical reasoning required
• Insurance knowledge strongly recommended
• Good reporting and communication skills required 
• Strong relationship management skills required
• Ability to work under pressure