Job Description
About the Role
The Financial Manager will be responsible for providing strategic financial leadership and oversight to support the growth and success of our organization. This role requires an individual with strong analytical skills, excellent communication abilities, and a deep understanding of regulatory requirements.
Key Responsibilities
- Prepare and review monthly management accounts, budgets and forecasts
- Oversee month-end processes
- Prepare annual financial statements
- Financial reporting for EXCO and Board review
- Submit regulatory returns to the Prudential Authority
- Ensure compliance with SAM, SCR, ORSA and IFRS 17 requirements
- Support internal and external audit processes
- Monitor capital adequacy, solvency coverage and liquidity
- Manage premiums, claims, cash flow and bank reconciliations
- Maintain strong internal control and governance frameworks
- Identify risks, control gaps and process improvements
- Provide ad hoc financial analysis and reporting
Requirements
- Completed BCom degree in Accounting or Finance
- 2 to 3 years’ post-articles experience within short-term insurance (non-life insurance)
- Exposure to motor, property and liability classes
- Strong understanding of SAM, SCR, ORSA and regulatory reporting
- IFRS 17 experience or working knowledge
Qualifications
- None mentioned in original job description.
Salary & Benefits
- No information available.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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