Job Description
Responsibilities
General Accounting & Financial Management
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Oversee and manage the day-to-day financial operations of the business within the automotive insurance environment.
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Prepare budgets, forecasts, and monthly flash results to support operational and actuarial planning.
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Conduct Gross Profit (GP) and claims cost analysis to support underwriting and pricing decisions.
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Prepare and present monthly management reports and financial statements in line with insurance reporting standards.
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Develop and implement financial strategies aligned to business objectives, including premium management and claims expenditure control.
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Manage and approve credit notes, ensuring proper alignment with policy adjustments and customer accounts.
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Monitor cash flow, budgets, and forecasts, providing recommendations to improve financial performance and operational efficiencies.
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Ensure compliance with regulatory requirements (e.g., FSCA, IFRS 17 exposure) and maintain strong internal controls.
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Lead cost-optimization initiatives across claims, commissions, and operational spend.
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Supervise, mentor, and develop the finance team to ensure high performance.
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Provide financial support to operational, underwriting, and claims departments.
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Review payroll outputs and perform variance/accuracy analysis.
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Oversee cashbook management and daily banking activities.
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Manage annual rate reviews and implement premium or pricing adjustments.
Debtors & Creditors Management
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Direct and supervise the Accounts Receivable and Accounts Payable functions.
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Manage debtor age analysis, premium collections, and invoice submissions to brokers and partners.
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Oversee allocation accuracy for premiums, recoveries, and payments.
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Approve credit limits and credit notes, ensuring alignment with underwriting guidelines.
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Manage intercompany creditors within multi-entity insurance structures.
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Review payments and reconciliations for all third-party creditors, including brokers, assessors, and service providers.
Requirements
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Bachelor of Commerce (BCom) Degree in Accounting, Finance, or a related field.
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Bachelor of Commerce Honours (BCom Hons) in Accounting, Finance, or a related discipline.
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Completed SAICA or SAIPA Articles, demonstrating professional accounting competency and adherence to South African auditing and financial reporting standards.
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Minimum 5 years experience in financial management, preferably within insurance, financial services, or automotive-related sectors.
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Strong knowledge of financial reporting, analysis, and strategic financial planning.
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Proven ability to drive informed financial decision-making across underwriting, claims, and operations.
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Advanced proficiency in financial systems and MS Excel.
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Excellent communication, leadership, and stakeholder management skills.
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Strong attention to detail with solid problem-solving abilities.
Benefits
- Salary: Based on experience and qualifications.
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Contact Hire Resolve for your next career-changing move today
- Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
- You can also visit the Hire Resolve website: hireresolve.us or email us your CV: *****@*****.co.za
- Please use “Finance Manager” as your subject line when applying via email
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future
GO APPLY NOW
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