Details of the offer

Minimum Requirements:Relevant finance degree.CA(SA) professional designation.1-2 years within a management role.2-4 years insurance industry knowledge.IFRS knowledge.Key Responsibilities:Strategic Financial Leadership:Develop and implement financial strategies aligned with HICs goals and objectives.Lead financial forecasting, budgeting, and long-term financial planning processes to support strategic initiatives.Provide actionable insights and financial guidance to support decision-making across the executive team.Financial Reporting and Compliance:Oversee the preparation and analysis of financial statements and reports, ensuring compliance with regulatory and accounting standards.Ensure adherence to financial regulations, including IFRS and South African tax laws.Manage relationships with external auditors, tax advisors, and regulatory authorities, ensuring timely and accurate financial disclosures.Risk Management and Internal Controls:Identify, assess, and mitigate financial risks, including operational, credit, and market risks.Develop, implement, and monitor internal controls to safeguard company assets and maintain the integrity of financial data.Support enterprise risk management and compliance initiatives.Cost Control and Profitability:Monitor and optimize operational costs, enhancing profitability and cost-efficiency.Oversee cost-benefit analyses for new projects, capital expenditures, and other investments to maximize return on investment.Implement financial policies and procedures to support effective cost management.Cash Flow and Treasury Management:Manage cash flow, banking relationships, and debt structures to ensure liquidity and financial stability.Develop strategies for optimizing working capital and managing investments to enhance cash flow.Team Leadership and Development:Lead and mentor the finance team, fostering a high-performance culture that aligns with HICs values.Build talent within the team through training, professional development, and performance management.Encourage collaboration and communication within the team to ensure high productivity.Stakeholder Communication:Act as a key financial spokesperson for the company, presenting financial results, forecasts, and strategic initiatives to stakeholders, including the board of directors.Build strong relationships with key stakeholders, providing transparent and timely financial information.Key Performance Indicators (KPIs):Financial Accuracy and Compliance:Achieve 100% accuracy in financial reporting, ensuring all financial statements and reports comply with regulatory standards and deadlines.Maintain an error-free external audit outcome and achieve full compliance with all regulatory and tax requirements.Coordinate the monthly reporting submissions required for various stakeholdersAd hoc data analytics and reportingBudgeting and Forecasting Accuracy:Maintain a variance of less than 5% between budgeted and actual financial results.Develop and update accurate forecasts quarterly, reflecting changes in the business environment and market conditions.Cost Efficiency and Profitability:Improve operational cost-efficiency by achieving a minimum of 10% reduction in controllable expenses year-over-year.Drive profitability by maintaining or improving the companys operating margin by at least 3% annually.Cash Flow Management:Ensure positive cash flow each quarter, with cash reserves sufficient to cover 6 months of operational expenses.Optimize working capital.Risk Management and Internal Control Compliance:Implement and maintain effective internal controls, with less than 1% of control deficiencies identified in quarterly audits.Ensure no significant risk-related losses, achieving a minimum score of 90% in annual risk management assessments.Team Development and Satisfaction:Achieve a finance team engagement score of 80% or higher in annual employee satisfaction surveys.Ensure a minimum of 75% of team members participate in professional development or training programs each year.Stakeholder Engagement and Communication:Provide timely, accurate, and insightful financial reports to stakeholders, achieving a satisfaction rating of 90% or higher from the board of directors.


Nominal Salary: To be agreed

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