JOB PURPOSETo partner with operational heads, to ensure that financial information is reported in line with IFRS standards, company policy and business requirements. Provide commercial and financial oversight in supporting the operational heads, while monitoring performance to approved budgets. Maintain appropriate communication channels between finance and businessRESPONSIBILITIESFinancial Management & ControlWork within established systems to deliver prescribed outcomes for a designated area of financial control. Able to monitor and control expenditure. Able to interpret the impact of unusual figures identified by analytical review. Able to prepare budgets and forecasts in cooperation with senior managers.Data Collection & AnalysisAnomalies are identified and then investigated together with financial accountants to ensure processing is complete and accurate. If the investigation does not yield satisfactory results, the management accountant proceeds to investigate the source of data Analyse financial data, extracts and define relevant information. Interpret data for the purpose of determining past financial performance and forecast preparation by business unit and consolidation into personal lines.Cost AccountingConduct complex analyses of costs for a significant part of the business to identify variances, suggest efficiencies, and increase profitability. Perform ratio analysis as well as the interpretation of variances eg. surplus ratio, claims ratio, expenses ratio, and other cost accounting metrics.Budgeting & CostingDeliver a budget for an area of the organisation or conduct complex analyses on budget progress in other areas of the organisation. Running staff lists to ensure each business unit / cost centres have the correct allocation. Budget system management. Assist heads with population of templates. Liaise between key stakeholders in order to ensure that the budget is accurate and follows logic. Provide instruction and answer questions relating to budget procedures. Identifies budget issues, provide alternative solutions, and resolve problems. Manage the various budget iterations between heads and exco expectations.Operational ComplianceFollow a range of mandatory procedures to ensure that work is carried out to the required quality standards and/or to ensure adherence to external regulatory codes and internal codes of conduct.Insights and ReportingPrepare and coordinate the completion of various financial reports.Personal Capability BuildingKeep abreast of laws and regulations that apply to this particular function or field of professional expertise, maintain up to date compliance.BEHAVIORAL COMPETENCIESFinancial AcumenInterprets and applies key financial indicators to make better business decisions. For example, provides rich and rigorous forecasts of the financial implications of ideas and opportunities. Makes well-balanced decisions regarding expenditures that take into account multiple considerations.Manages ComplexityMakes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems. For example, consistently looks at complex issues from many angles; obtains a rich and deep understanding; swiftly cuts to the core issue; skillfully separates root causes from symptoms.Plans and AlignsPlans and prioritizes work to meet commitments aligned with organizational goals. For example, outlines clear plans that put actions in a logical sequence; conveys some time frames. Aligns own work with relevant workgroups. Takes some steps to reduce bottlenecks and speed up the work.Instils TrustGains the confidence and trust of others through honesty, integrity, and authenticity. For example, is consistently honest and straightforward; shares uncomfortable information in a clear and helpful manner. Maintains high ethical standards and professional codes of conduct.Ensures AccountabilityHolds self and others accountable to meet commitments. For example, tracks performance and strives to remain effective, learning from both successes and failures. Readily takes on challenges or difficult tasks and has reputation for delivering on commitments.Balances StakeholdersAnticipates and balances the needs of multiple stakeholders. For example, ensures that own efforts meet the needs and requirements of internal and external stakeholders. Works to identify all relevant issues and satisfy the interests of multiple stakeholders during the decision-making process.Optimises Work ProcessesKnows the most effective and efficient processes to get things done, with a focus on continuous improvement. For example, uses metrics and benchmarks to monitor accuracy and quality. Takes steps to make methods productive and efficient. Promptly and effectively addresses process breakdowns.Communicates EffectivelyDevelops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences. For example, disseminates knowledge, insights, and updates in a polished, precise, and compelling manner. Demonstrates a deep interest in others' comments. Creates rich documents and reports.Being ResilientRebounds from setbacks and adversity when facing difficult situations. For example, has excellent composure and professionalism, even in very difficult situations, acts as a steadying force or role model for others. Skillfully overcomes obstacles, learns from failures, and uses these lessons to improve subsequent efforts.CollaboratesBuilds partnerships and works collaboratively with others to meet shared objectives. For example, readily involves others to accomplish goals; stays in touch and shares information; discourages "us versus them" thinking; shows appreciation for others' ideas and input.SKILLSFinancial AccountingWork and provide technical guidance when required to classify, measure and record corporate transactions using financial accounting principles.Data Collection and analysisWorks and provide technical guidance when required to Analyse data trends for use in reports to help guide decision making.ComplianceWork and provide technical guidance when required to achieve full compliance with applicable rules and regulations in management and/or operations.Costing and BudgetingWorks and provides technical guidance when required on costing, budgeting and finance tasks.Numerical SkillsUse an understanding of numerical concepts to perform mathematical operations such as report analysis and provide technical guidance when required.Computer skillsSupport business processes by understanding and effectively using standard office equipment and standard software packages, while providing technical guidance as needed. Office suite software (Advanced)., Accounting software.Policy and RegulationWork and provide technical guidance when required to interpret and apply knowledge of laws, regulations and policies in area of expertise. TAX Act., IFRS., Insurance Regulations., Vat Act.AssessmentWork and provide technical guidance when required to analyze data from multiple sources to draw appropriate conclusions and make suitable recommendations.Verbal CommunicationUse clear and effective verbal communication skills and provide technical guidance when required to express ideas, request actions and formulate plans or policies.Review and ReportingWork and provide technical guidance when required to review and create relevant, lucid and effective reports.Planning and OrganizingWork and provide technical guidance when required to plan, organize, priorities and oversee activities to efficiently meet business objectives.EDUCATIONGeneral Education
Bachelor of Commerce Degree (Essential);
Bachelor of Commerce (Management Accounting) or CIMA Qualification (Advantageous)
*SAQA Accredited Equivalent* - It is the onus of the applicant to provide TIH and its subsidiaries with certified evidence that their qualification(s) meet the equivalent NQF level required for this role at time of application.Financial Sector Conduct Authority (FSCA)** competency requirements: FAIS recognized qualifications / Regulatory Examinations / Class of Business Certification and / or CPD according to your DOFA (where applicable) - As a registered Financial Service Provider, we are mandated to ensure that all our representatives are always and remain fit and proper at all times. By applying for this role, you consent to having your relevant qualification and or accreditation or confirm that you are working towards meeting the competency requirements. You further consent to the relevant information being verified.Employment EquityThe Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. TIH is committed to an organisational culture that recognises, appreciates and values diversity & inclusion.Should you not hear from our team in 30 days, kindly consider your application unsuccessful.