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 companyxe2x80x99s 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:
Bachelorxe2x80x99s 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