Job Description

Who are we?

Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 31 countries and has the biggest non-banking financial services footprint on the African continent.

The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the five clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Sustainability.

What will you do?

Responsible for financial analyses or for a division providing financial accounting services for head office and/or group companies. Applies principles of accounting to analyse financial information and prepare financial reports. Compiles and analyses financial information to prepare entries to accounts, such as general ledger, documenting business transactions. Analyses financial information detailing assets, liabilities and capital. Prepares balance sheets, profit and loss statements and other reports to summarize and interpret current and projected company financial position. Audits contracts, orders and vouchers and prepares reports to substantiate transactions prior to settlement. Installs, modifies, documents and coordinates implementation of accounting systems and control procedures. Makes recommendations regarding the accounting of reserves, assets and expenditures. May have supervisory and/or client relationship responsibilities.

What will make you successful in this role?

Management reporting duties: + Support the Sanlam Group budgeting process. Interim and annual reporting: Preparation and/or co-ordinating of the Management Information (Shareholder Fund Reporting) sections
+ Support bi-weekly Sanlam group forecasting
+ Support monthly and quarterly MI reporting, including the data analytics and insights
+ Perform MI to IFRS reconciliations
+ Processing of SAP journals, where applicable
+ Trial balance controls/Reconciliation accounts where applicable,
+ Co-ordination and consolidation of the Group functional costs
Statutory reporting duties: + Preparation and coordinating of inputs into the reporting cycles of the following entities
- Sanlam Limited Group and Shareholder Fund Reporting
- Sanlam Life Insurance Limited group and company
+ Preparation of other subsidiary financial statements and management of audit process.
+ Maintaining of a high level of technical competence in the areas of IFRS, especially recent implemented standards like IFRS 17.
Other functions: + Updating of various group reporting timetables and key deliverables in Asana
+ Documenting guidelines, processes and procedures where appropriate
+ Contribute to projects to automate and optimise processes
+ Audit liaison during interim and year end reporting periods
+ All other ad hoc tasks that may be required from time to time

Qualification and Experience

Qualified accountant (CA (SA)) Minimum 4-5 years experience in an accounting or financial environment Similar relevant experience in the insurance or financial industry Experience in using Sanlam's financial reporting systems (SAP/Hyperion Financial Management) will be advantageous Proficient in data analytics and the preparation of presentation. Proficient in the use of modern technology and digital solutions. Specialist Knowledge (preferably insurance industry): Understands technical or professional aspects of work and continually maintains technical knowledge (e.g. IFRS)

Knowledge and Skills

Financial Analysis
Financial Information Review
Financial Reporting
Financial planning and recommendations
Financial Controls

Personal Attributes

Communicates effectively - Contributing through others
Decision quality - Contributing through others
Manages complexity - Contributing through others
Plans and aligns - Contributing through others

Build a successful career with us

We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Core Competencies

Being resilient - Contributing through others
Collaborates - Contributing through others
Customer focus - Contributing through others
Cultivates innovation - Contributing through others
Drives results - Contributing through others

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.


The closing date for applications is 02 April 2025.

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.