Job Description
About the Role
Our client, a world-class financial services provider, is seeking a high-caliber Managing Director to lead their international investment division. This executive role is a key member of the Executive Committee and is responsible for the overall management, strategic direction, and profitability of the international business.
Key Responsibilities
- Strategy & Vision: Formulate and communicate the vision and strategy for the international business, ensuring future market relevance.
- Business Operations: Manage the business as a whole, including business planning, budgeting, and resourcing for client servicing, investment administration, and product sales teams.
- Relationship Management: Manage the relationship with the Bermuda Monetary Authority and build mutually beneficial internal and external stakeholder networks.
- Growth & Performance: Achieve annual sales, profit, and Value of New Business (VNB) targets while driving productivity through investment channels.
- Value Proposition: Ensure a competitive and sustainable value proposition remains available to intermediaries and retail clients.
- People Leadership: Lead and mentor a senior management team, fostering a culture aligned with company values and ensuring robust performance and development plans.
- Operational Excellence: Oversee risk management, compliance, product development, and the enhancement of technology within intermediary and client channels.
Requirements
Education: A Bachelor’s degree in Business Administration, Marketing, or a related field. An MBA is considered highly advantageous.
Experience: At least 5 to 10 years of experience at a senior management level.
Industry Knowledge: Deep knowledge and experience in international investments is a key requirement.
Proven Track Record: Demonstrated success in managing teams or divisions in high-performance environments that consistently achieve targets.
Strategic Capability: Proven experience in developing and implementing strategic priorities to improve competitive advantage and profit margins.
Skills: Strong communication, numeracy, and literacy skills, with the ability to anticipate industry trends and client needs.
Leadership Competencies: Exceptional people skills, innovative thinking, resilience, and the ability to negotiate and influence at all levels.
Qualifications
No formal qualifications mentioned in the original job description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Cape Town Region
In the Cape Town region, accounting and finance positions are typically found in various industries, including financial services, technology, and manufacturing sectors. The job market for these roles is generally stable, with a steady demand for skilled professionals to support business growth and development.
Accountants and finance specialists in Cape Town can expect salaries that range from R400 000 to R1 500 000 per annum, depending on factors such as level of experience, company size, industry sector, and specific job requirements. For example, entry-level positions may start at the lower end of this range, while senior roles or those in larger companies may command higher salaries towards the upper end. However, these figures are only general guidelines and actual salaries can vary significantly depending on individual circumstances.
Common skills required for accounting and finance roles in Cape Town include proficiency in financial software such as SAP or Xero, strong analytical and problem-solving skills, excellent communication and interpersonal skills, a solid understanding of tax laws and regulations, experience with budgeting and forecasting, and a degree in accounting or a related field. Other desirable skills may include knowledge of cloud-based technologies, data analysis tools, and industry-specific regulations.
The financial services sector is one of the largest employers of accountants and finance specialists in Cape Town, followed by technology and manufacturing industries. These sectors require professionals with a strong understanding of financial management, budgeting, and forecasting to support business growth and decision-making. Other industries that may employ accounting and finance staff include construction, tourism, and agriculture.
For those interested in pursuing a career in accounting or finance, there are many opportunities for professional development and advancement. Many companies in Cape Town offer training programs and mentorship schemes to help employees build their skills and expertise. Additionally, certifications such as the Certified Public Accountant (CPA) designation can be beneficial in enhancing career prospects. Overall, a strong foundation in accounting and finance, combined with relevant work experience and industry-specific knowledge, can lead to a successful and rewarding career in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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