Senior Financial Manager: Retail Affluent at Sanlam Group

Outputs / Core Tasks:

• Ensuring a healthy financial control environment in Wills, Estates, Trust & Beneficiary Fund  Departments, and oversight of financial controls.
• Responsible for management and sign-off of the reconciliations of the bank accounts, interest accounts, fee accounts, investments of trusts and funds under management.
• MIP & View Point reconciliation, reporting and payments of fees.
• Resolving of accounting queries identified during reconciliations and ensuring system and process alignment.
• Management and Supervision of Financial Officers.

Signing-off on:

• daily reconciliation of the deposits and withdrawals on the bank account and Viewpoint.
• Daily reconciliation of all transactions e.g. unknown deposits and cheques not banked.
• Fee calculations, interest and reconciliation of bank charges.
• Wills, Estates, Trusts, Beneficiary Funds and fund investments and payments, as well as authorise implementation and administration thereof.
• Monthly high-level reconciliation reporting to Management.
• Responsible for month-end processes and reports (including MIS / data analysis).
• Accounting assistance to COO and Line Managers.
• Provide assistance to auditors.

Outputs / Core Tasks continued:

• Supervise the Estates tax monitoring and sweeping of account to corporate bank account.
• Oversee and manage Multi-data payments to beneficiaries.
• Liaison with internal and external clients.
• Liaison with BA’s, IT Development and Business Change to enhance Viewpoint, MIP, Santrust system and other applications.
• Coordination of Financial & Risk Forum and Board packs and taking minutes at the meetings.
• Quarterly reporting to SARB on company financials.
• Responsible for the compilation and assistance of financial year end results.
• Responsible and accountable for setting of Budgets and targets.
• Attendance of Management meetings and ability to provide financial Management reporting at the meetings.
• Providing monthly cost centre packs to various Sanlam Trust departments.
• Analysing and report on budget variances.
• Evaluate financial processes and implement corrective actions to ensure alignment and standardization within the division.
• Review balance sheet reconciliations to ensure financial compliance.
• Balancing inter-company loans accounts.
• Maintaining Fixed Asset register.

Role Requirements:

Qualifications:

• Grade 12
• B Com Accounting
• Preferably a qualified CA

Experience:

• 3 years post articles experience in a similar role.
• 5 years bank reconciliation experience within a finance environment.
• 3 years people management experience.
• Exposure to implementation of financial control measures.
• Experience within a trust or Fiduciary environment will be an added advantage.

Knowledge:

• Knowledge of financial concepts and principles.
• Knowledge of bank and investment reconciliations.
• Knowledge of trusts and trust processes.
• Knowledge of trust administration systems. 
• Exposure to electronic mail and communication systems.

Sanlam core competencies:

• Being resilient
• Collaborates
• Cultivates Innovation
• Customer Focus
• Drives results

Competencies:

• Excellent communication skills
• Decision making
• Analytical thinking
• Work standards
• Planning and organising
• Negotiation and Influencing / gaining commitment
• Building and maintaining relationships
• Team success
• Adaptability