Job Description

Financial Strategy & Planning

• Develop and implement financial strategies that support the company's objectives in VAS, short-term insurance, medical aid/insurance, and loans
• Oversee the preparation of annual budgets, forecasts, and long-term financial plans
• Monitor financial performance, identify trends, and provide insights to support strategic decision-making

Financial Reporting and Compliance

• Ensure timely and accurate financial reporting in accordance with relevant accounting standards and regulatory requirements
• Oversee the preparation of monthly, quarterly, and annual financial statements
• Ensure compliance with tax laws, regulatory requirements, and company policies

Operational Finance Management

• Manage the day-to-day financial operations, including accounts payable, accounts receivable, payroll, and general ledger functions
• Optimise financial processes to improve efficiency and accuracy
• Lead and manage the finance team, providing guidance, training, and development opportunities
• Lead financial projects and initiatives, such as system implementations, process improvements, and mergers and acquisitions and ensure projects are delivered on time, within scope, and within budget

Risk Management

• Identify, assess, and mitigate financial risks associated with VAS, short-term insurance,Medical aid/insurance, and loans

• Implement and maintain robust internal controls to safeguard the companys assets and
• ensure financial integrity
• Manage outstanding debtors for possible bad debts
• Review agreements to ensure financial integrity

Stakeholder Management

• Collaborate with senior management, department heads, and external stakeholders to align financial objectives with overall business goals.
• Communicate financial performance and strategy to key stakeholders, including the board of
• directors and investors.

Business Analysis and Cost Control

• Conduct financial analysis to support business decisions, including profitability analysis, cost control, and pricing strategies for VAS, Short-term Insurance, Medical Aid/Insurance, and loans.

Minimum Qualifications:

• Bachelors degree in finance, Accounting, or a related field. BCom Accounting degree at NQF level 7 or similar professional certification (e.g., CIMA, CPA, CFA)preferred.

Minimum Experience:

• 8-10 years of experience in a financial leadership role, preferably within the financial services industry including 3 years management accounting experience.

Knowledge, Skills & Abilities:

• Knowledge of applicable legal and regulatory policies and procedures
• Knowledge of IFRS 15 (insurance standards)
• Financial acumen
• Financial modelling skills
• Management accounting skills
• Analytical skills
• Organisational awareness
• Interpersonal skill

Smollan