Management Accounting: Consolidation & Insights at Bryte Insurance Company Limited

Key Tasks & Accountabilities

Functional Management

• This role reports into the Head of Financial Control and its responsibilities span across all legal entities within the Group.
• Consolidate relevant reports and information to enable timeous and accurate management reporting and business insights to the Bryte Leadership team and relevant Group Reporting functions, as well as the Finance Business Partners.
• Consolidation of quarterly reports for shareholder and Board requirements, including input to the President’s report.
• Liaise with the senior management on queries relating to complex management accounts.
• Meaningful participation in the planning process for Bryte and all its subsidiaries. Provide insights on variance analysis and make recommendations on corrective action to be taken.
• Drive operational procedures as they relate to manual off-platform bookings and corrections required, for example accrual management and IBNR bookings.
• Ensure governance and control procedures are in place to ensure alignment between management accounts, financial reporting systems, actuarial data and other source systems.
• Performance management consolidation and oversight across the group, including all subsidiaries.
• Ensure audit queries are resolved timeously.
• Identify opportunities to enhance and or streamline reporting and budgeting processes with a clear objective to automate reporting as much as possible.
• Lead the process to identify and implement relevant reporting systems within Finance.

Stakeholder Management

Stakeholders include:

• EXCO and Senior Leaders throughout the Business
• Senior Leaders in Finance as well as Finance Business Partners
• Internal and External Audit

Education and Experience

• CA(SA)
• 5 or more years’ experience in Management Accounting
• Minimum 3 years of Finance Business Partnering experience
• Experience in insurance (life, general and reinsurance) highly preferred
• Sound knowledge of IFRS, including Insurance Accounting standards
• Good understanding of planning and forecasting methodologies