Group Finance Manager - JHB at PPS

Minimum Requirements

Education: 

• CA (SA) with minimum of 3 years post articles.

Experience: 

• Completed Articles.
• Previous experience in an Insurance company would be an advantage.
• IFRS17 knowledge an advantage.
• Proven track record of being involved in the preparation or audit of Annual Financial Statements in the financial services sector.
• Experience in a financial accountant role.
• Exposure to various software solutions.
•  Knowledge of Great Plains an advantage

Knowledge and Skills:

• Good technical accounting knowledge of IFRS. This role gives technical input into Accounting for PPS.
• Insurance Limited and PPS Insurance (Namibia) Limited and disclosure thereof.
• Financial Reporting knowledge and understanding.
• Managing process and people to meet strategic objectives and deadlines.
• Key person ensuring control environment is sound regarding Financial Reporting.
• Expresses opinions, information and key points of view clearly and assertively.
• Anticipates and responds appropriately to the needs, reactions and feedback of various stakeholders internally and externally.
• Able to prioritise and work under pressure.
• Able to meet strict deadlines

Competencies:

• Confident.
• Self-starter.
• Persuasive and influential.
• Good networking skills.
• Good presentation skills.
• Manages expectations.
• Self-aware.
• Professional.
• Responsible & accountable.
• Attention to detail

Duties and Responsibilities

Processing:

• Review of transactions in the General Ledger system including Reinsurance, Expenses, provisions and other.
• Review of all Invoicing and monitoring of payments between company and subsidiaries.
• Reviewing preparation and Payment of monthly reinsurance.
• Managing the Accounting Treatment of all leases within the companies.
• Managing the recoverability of reinsurance claims from reinsurers with the actuarial department.

Reconciling:

• Reviewing of all relevant balance sheet accounts to third party documentation.
• Resolving outstanding issues timeously.

Management Reporting.

• Reviewing Commentary on variances in the I/S and B/S of the entities.
• Reviewing and at times preparation of the Group Dashboard.
• Reviewing expenses to Budget by Company / Cost centre and familiar with reasons for variances.
• Preparation of monthly expense reports to be sent to each Exco member.
• Review and preparation of Exco slides for Budget / Forecast

Budgeting:

• Overseeing and managing the budget process for INSCO, Namibia, Foundation, Property Fund Trust and Holdings Trust entities.
• Review and managing of Input of budgets for central costs and revenues.
• Review of budgets and obtain a sound knowledge of what is driving income and expenses.
• Preparing budget /forecast presentations for Exco and Board budget meetings.

Statutory reporting:

• Prepare and reviewing of the annual financial statements of all entities.
• Providing all requested information to auditors (external & internal) and attending to Audit queries.

Team support:

• Providing input into tax and statutory reporting.
• Running of all Trial Balances from Great Plains.
• Work closely with bookkeepers & creditors to ensure correct accounting and allocations in General Ledger.
• Assisting with Ad Hoc requests of the Senior Manager and Executive of Finance.
• Managing two direct reports and their performance reviews

Special Projects:

• Actively involved in new projects including various automation projects of the Group Dashboard and other Financial reports.