Senior Finance Business Partner

Parktown, Johannesburg
Permanent
Full-time

3 hours ago

THE JOB AT A GLANCEThe Senior Finance Business Partner is responsible for providing strategic financial leadership, analysis, and support to operational business units across the organization. This role involves driving financial strategies, translating complex financial data into actionable insights, and facilitating effective decision-making processes to enhance business performance and profitability in alignment with the organization’s long-term goals and objectives. The position will strengthen financial management capabilities while supporting key strategic business initiatives.WHAT WILL YOU DO?Strategic Financial Leadership

Manage the development and implementation of financial strategies aligned with the organization’s five-year business plan.
Enhance profitability through effective management of binder, tech charge out, and admin charge out processes.
Provide comprehensive financial support for new deals, business onboarding, and business case analysis.
Present monthly financial updates at divisional EXCO/LeadCo meetings, providing leadership with actionable insights.
Manage relationships with subsidiaries and associates, ensuring consistent financial practices across the business.
Direct and oversee the work of Production Business Partners to ensure alignment with strategic financial objectives.

Financial Analysis & Support * Manage the delivery of sophisticated financial analysis and interpretation of business performance data to senior management.

Develop and implement financial strategies and initiatives to drive operational excellence and strategic growth.
Identify and analyze complex financial trends, opportunities, and risks, presenting strategic recommendations to senior leadership.
Partner with executive stakeholders to develop innovative financial solutions that support organizational objectives.
Provide expert financial guidance to non-finance stakeholders to enable informed strategic decision-making.

Forecasting & Planning * Direct & manage the quarterly financial forecasting processes, ensuring accuracy and strategic alignment.

Develop advanced financial models to support strategic business planning and executive decision-making.
Analyze forecast variances and collaborate with senior business leaders to implement strategic corrective actions.
Lead components of the annual budgeting process, providing high-level financial expertise and strategic insights.
Implement and enhance forecasting tools and methodologies to improve accuracy and efficiency.

Project Support & Investment Analysis * Lead financial analysis for capital expenditure proposals and complex business cases.

Manage finance strategic projects (GL, procurement, Budget tool, GRID, etc.) that are vital to operational efficiency and growth.
Conduct comprehensive assessments of financial implications for major projects and strategic initiatives.
Monitor financial performance of strategic projects, providing executive-level reporting on variances.
Guide project teams to ensure financial considerations are strategically addressed throughout project lifecycles.

Risk Management & Compliance * Lead scenario modelling to assess business risks and aid executive decision-making.

Ensure robust compliance with financial policies, procedures, and controls across multiple business areas.
Identify, assess, and report on financial risks with potential organizational impact.
Develop and implement risk mitigation strategies in collaboration with finance leadership.
Direct stress testing and sensitivity analysis for key strategic business initiatives.

Stakeholder Management * Build and maintain strategic relationships with key executive stakeholders across the organization.

Translate complex financial information into clear, actionable insights for senior leadership.
Serve as a key liaison with the People Team on all remuneration matters, including incentive scheme calculations and design.
Represent the finance function in high-level cross-functional meetings and strategic project teams.
Communicate financial performance and strategic insights effectively to executive management.

Performance Measurement * Oversee the calculation of KPIs & performance scorecards for business units.

Partner with HR to lead performance measurement relating to incentive schemes and remuneration structures.
Lead ASR processes in collaboration with the HR department.
Direct engagement with the actuarial department on reporting of value-add metrics (EV, RoEV, VNB, VIF, etc.)
Design and implement performance measurement frameworks aligned with strategic objectives.

WHAT YOU'LL BRING TO THE TABLE?

Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
Professional accounting certification (CA (SA), CIMA) is mandatory.
Advanced Excel and financial modeling skills.
Minimum 8-10 years of experience in financial analysis, business partnering, or related finance roles.
At least 3-5 years in a senior financial management or leadership position.
Proven experience in supporting executive-level decision-making with financial analysis and insights.
Extensive experience in strategic forecasting, budgeting, and financial planning processes.
Demonstrated success in managing finance strategic projects and complex business case development.
Experience in developing financial reports and presentations for executive audiences.

WHAT WILL YOU GET IN RETURN?We offer great opportunities for personal and professional development in a stable company that’s 131 years strong. The role comes with a competitive salary package and various benefits. Flexible work arrangements (combination of remote and in the office). Furthermore, you will be a part of a dedicated group of colleagues who value teamwork and collaboration.Turnaround timeThe 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. Kindly note that should you not receive a response within 21 days please consider your application unsuccessful.Our Commitment to transformation:In accordance with the employment equity plan of Rand Mutual Assurance and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups.WHAT YOU'LL BRING TO THE TABLE?

Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
Professional accounting certification (CA (SA), CIMA) is mandatory.
Advanced Excel and financial modeling skills.
Minimum 8-10 years of experience in financial analysis, business partnering, or related finance roles.
At least 3-5 years in a senior financial management or leadership position.
Proven experience in supporting executive-level decision-making with financial analysis and insights.
Extensive experience in strategic forecasting, budgeting, and financial planning processes.
Demonstrated success in managing finance strategic projects and complex business case development.
Experience in developing financial reports and presentations for executive audiences.

Rand Mutual

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