About the position
Role Purpose:
We are seeking a qualified Chartered Accountant or equivalent with extensive experience in financial reporting, particularly in the life insurance sector, to lead strategic initiatives within our Group IFRS Reporting team. The incumbent will play a pivotal role in aligning these projects with our organizational objectives.
Requirements:
- Qualified Chartered Accountant or equivalent CIMA
- Minimum of 10 years' post articles experience in financial reporting, including at least 5 years in life insurance
- Experience presenting at Exco, Audit committee, and Board levels.
- Proficiency in liaising with key stakeholders such as external audit, internal audit, risk management, BU finance teams, Exco, and Board members
- In-depth knowledge of International Financial Reporting Standards (IFRS) and risk management principles
- Familiarity with consolidation principles and JSE rules regarding external reporting requirements (preferred)
- Expertise in financial statement preparation and understanding of actuarial valuation results in an insurance regulatory environment.
Duties & Responsibilities:
Internal Process:
- Project manage the external audit process, ensuring adherence to timelines and effective collaboration between internal teams and external audit.
- Provide support for risk management and internal audit activities, ensuring effective control operation.
- Assist in the consolidation process, including cross reviews of consolidation working papers and identifying areas for process improvement.
- Handle other ad hoc requirements such as engagement with the Sustainability Reporting team and assistance in managing the audit committee process.
Client Services:
- Monitor turnaround times and quality standards to enhance client service delivery.
- Drive client service delivery goal achievement and manage client query processes effectively.
- Provide authoritative advice to clients and stakeholders as needed.
People:
- Foster a positive work culture and exemplify leadership behavior that supports organizational values.
- Recruit and select talent in line with diversity principles and organizational values.
- Drive continuous learning, improvement, and collaboration within the team.
- Manage performance, encourage innovation, and facilitate employee growth and development.
Financial Management:
- Control the budget for the area, implement financial regulations, and manage high-risk financial issues.
- Plan and implement improvements to drive pricing of services and products.
- Implement financial risk methodologies and compliance policies, ensuring adherence to regulations and preventing illegal conduct.
Competencies:
- Business Acumen
- Collaboration
- Client/Stakeholder Commitment
- Impact and Influence
- Drive for Results
- Self-Awareness and Insight
- Leads Change and Innovation
- Diversity and Inclusiveness
- Motivating and Inspiring Team
- Growing Talent
Desired Skills:
- Chartered Accountant
- Finance project management
- Financial reporting specialist
- IFRS reporting
Desired Work Experience:
Desired Qualification Level & Accreditations:
- Degree
- Chartered Institute of Management Accountants
