Job Description

Financial Forecaster and Business Partner Qualified CIMA

The Finance department of Intelligent Debt Management (IDM), a Financial Services group based in Cape Town, seeks a qualified CIMA graduate to join their expanding team. The successful candidate will support the Head of Finance Forecasting and Analytics, by gaining a good understanding of IDM from an operational and financial structure perspective. This will allow them to add real value to the forecasting and budgeting process. The candidate must be highly efficient, energetic, motivated, ambitious, and willing to learn, as well as being prepared to make a commitment to the business in the medium to long term. An agile mindset will be key to your success.

Key Responsibilities:

Responsibilities include, but are not limited to:

• Maintain the technical and commercial aspects of the forecast process.
• Liaise with the Actuaries on GWP sold, claims incurred (including various categories of risk) and premium income as well as the EV model.
• Interpret the results output of your work, with particular focus on financial performance, position and cash flows.
• Run different scenarios by changing model inputs. Interpret the results and make recommendations where necessary.
• Monthly and Ad hoc meetings with heads of department to plan their best staff allocation to support the company growth.
• Compiling and understanding our marketing channels mix and the cost drivers thereof.
• Understanding of insurance sale drivers and appropriately forecasting and for policies and new GWP sold.
• Knowledge of our various metrics through which we evaluate our businesses. Recommend others where necessary.
• Working knowledge of corporate debt structures.
• Taking the operational finances lead in updating the forecast process to make it as seamless as possible.
• Working with the operational departments as to their strategy and expressing this in financial terms. Making it relevant to them.
• Compilation of budget working papers with staff loading and other KPI's.
• Taking ownership of the technical aspects of the biannual budgeting process and reporting thereon.
• Providing analysis and extra data as required by ops staff - look at your spreadsheets as a working product.

• Professional accounting qualification - preferred CIMA but CA(SA), ACCA or SAIPA will be considered.
• 3 to 5 years post qualification experience in a medium to large organisation
• Thorough understanding of management accounting principals
• Multiproduct/service exposure
• Working knowledge of consolidations for a diversified group
• Previous knowledge of forecasting and budgeting advantageous
• Advanced Excel knowledge an advantage
• Working knowledge of the following accounting standards: IFRS 15 (Revenue), IFRS 16 (Leases) and IFRS 17 (Insurance an added advantage)
• Be fluent in spoken and written English.
• Have strong attention to detail and accuracy.
• Have strong planning, organizing and time management skills.
• Be able to work independently as well as be a team player.
• Be able to multi-task effectively.
• Have strong communication and interpersonal skills.
• Be self-motivated, by taking an interest in the job, and obtaining satisfaction from the achievement of a job well done.

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