Manager: SIAM Finance & Value Management at Liberty Group South Africa

Purpose

• Standard Bank Investments and Asset Management (“SIAM”) is a business unit within the Insurance and Asset Management (“IAM”) Business Line in Standard Bank. SIAM consists of various businesses within the Group, including STANLIB, Liberty Investments, LibFin, Melville Douglas, Group Investment Platform (INN8 and STANLIB LISP), across various geographies including South Africa, Jersey and Nigeria.
• The Finance and Value Management Office (“FVMO”) is a small team with a diverse skill set, including a CA, CFA, Actuaries and a data scientist. The team is headed up by the Chief Specialist: SIAM Value Management, who reports into the SIAM Finance and Value Management Officer (SIAM CFO).
• The main purpose of the SIAM FVMO team is accountability for the commercial outcomes of SIAM. This stretches across a range responsibilities, including Financial reporting, Value management and financial metric reporting, Production of Management information to enable decision making, strategic forecasting and supporting / driving various commercial projects across the value chain.
• We are looking for a dynamic Finance Manager to join our team and bring their unique skill set to complement and enhance the overall team capability. The successful individual will own the production and delivery of all the financial reporting and related MI processes within the SIAM team. This includes building strong relationships with the CFO’s and Heads of Finance of all the business units in SIAM, and integrating / consolidating the individual business results into a well-articulated SIAM commercial story. The individual will also contribute and support various commercial projects.
• The role will report into the Chief Specialist: SIAM Value Management.

Minimum Experience

• 5 - 8 years experience in a similar environment

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Finance Economics and Accounting

Additional Minimum Qualifications

• Candidates must be a qualified Chartered Accountant (SA) or hold a CIMA designation

Process

• Ensure Quality and Compliance: Accountable for maintaining the quality, service, and outputs of the work area, ensuring strict adherence to established policies, procedures, and standards.
• Problem Solving and Solution Implementation: Proactively identify operational issues, analyze cause and effect, and select the most effective solutions based on experience and contextual understanding.
• Work Planning and Organization: Plan and organize multiple team activities, assigning priorities within a defined framework while considering specific situational contexts.
• Monthly Financial Reporting: Oversee the production of the monthly SIAM financial position, including sourcing explanations for key movements in preparation for Flash reporting.
• Financial Management Information: Produce SIAM Financial Management information, detailing headline earnings, RoE, costs, revenue, NCCF, and other key financial metrics.
• Financial Analysis and Projections: Analyze financial data and trends to forecast future revenues and expenses accurately.
• Reconciliation and Accuracy: Ensure accurate reconciliation of the SIAM financial position with underlying business records and group finance.
• Strategic Forecasting and Budgeting: Prepare strategic forecasts and budgets, monitoring performance against actual outcomes.
• Ad-Hoc Reporting and Analysis: Produce ad-hoc management information, conducting deep-dives into relevant business areas as needed.
• Process Improvement: Implement ongoing improvements to financial reporting processes, accommodating changes in stakeholder requirements and facilitating semi-automation.
• Project Support and Execution: Provide support for and execution of finance-related projects within the team.