Finance Manager: Compliance FIN2302 at Government Employees Medical Scheme RSA

Job Summary

The position of Finance Manager: Compliance is vacant. The Finance Manager: Compliance will report directly to the Senior Manager: Finance and forms part of the Finance Division. The position is based at Head Office.

The total remuneration package based on qualifications and experience.

The Finance Manager:  Compliance will be required to provide support to the Senior Manager: Finance through assurance of  the Scheme’s compliance with financial regulations and laws, managing internal and external audits, identifying, and mitigating compliance risks and implementing policies and procedures to promote compliance: through the following KPA’s

Key Performance Areas (KPAs)

• Management of internal and external audits process
• Develop and review compliance policies and procedures
• Develop testing and monitoring tools for compliance
• Management of all non-compliance to finance owned policies
• Lead investigations into any potential violations and coordinate remediation efforts
• Review of Financial Statements for IFRS and SAICA Guide compliance
• Review Financial Statements to FIAS regulations (FSP)
• Review Statutory Returns and Regulatory submissions for CMS Compliance
• Management of Finance Division strategic and operations risk registers
• Management of CMS updates
• Management of Contribution and Debt activities
• Management of Insurance process
• Management of Scheme credit rating process
• Prepare responses to all CMS Circulars for Line Management review
• Develop and implement training programmes for finance related compliance regulations

Qualification requirements are:

• Chartered Accountant
• Minimum 5 years middle financial management experience
• Regulatory Knowledge and Comprehension Risk Management (ability to identify, assess, mitigate and monitor)
• Experience with Audit procedures and reporting
• Knowledge of accounting systems and processes
• Collaboration (with all stakeholders across the organisation and relevant service providers
• Sound qualitative and quantitative analysis skills
• Excellent communication and interpersonal skills ls
• Sound planning/ project management skills
• Attention to detail  and accuracy
• Ability to work independently and as part of a team
• Adaptability (ability to implement new requirements