Position Title: Statutory Reporting Manager

Job Summary Statement/Purpose:
Responsible for the day to day financial transactions; general ledger accounting, taxation, reporting and ad hoc issues. Maintaining accurate financial information so that operations can make accurate strategic decisions; and Budgeting, Forecast, and Strategic Planning.

Contract Type: Permanent

Closing Date: 31 Mar 2020

Please email CVs to: careers@sasria.co.za

Qualifying Criteria

1. Strategic Alignment

  • Contribute towards the development of company’s strategic plans.
  • Compile and present departmental strategy for Exco review and input into broader organisational strategy.
  • Ensures that financial transactions, policies and procedures meet short- and longterm business objectives and regulatory body requirements.
  • Identification of departmental risks and implementing departmental risk management strategy.

2. Operational

  • Managing the daily finance function including
    • Petty cash management, Preparation and reviews of bank reconciliations and all reconciliations
    • Premiums, claims, fixed assets, reinsurance
    • Managing Payments of claims and invoices.
    • Provides oversight and ensures compliance on company credit card and staff expense claims.
  • Implement applicable changes in Laws, Regulations and Financial Governance Codes.

3. Budgeting and financial responsibilities

  • Execute the Budgeting and Forecasting process for Sasria
  • Manage the departmental budget, ensuring expenditure within set parameters.
  • Prepare reports for Board and Board Committee Packs Contribute towards the business Strategic Planning.

4. Statutory Reporting

  • Prepare, coordinate Monthly/ Quarterly/ Annual /Ad-hoc financial reports as required.
  • Preparation of Annual Financial Statements for National Treasury.
  • Preparation of Income Tax and VAT Returns, ensuring accuracy and timely submissions. Attend to all queries to and from SARS. (IT14 / IRP6 etc.).
  • Preparation, coordination and submission of all Regulatory reports for the FSCA and PA.
  • Preparation, coordination and submission of all reports to National Treasury – Sasria’s shareholder

5. Manage staff compliment

  • Manage Financial Accountants
  • Excellent problem solving and analytical skills.
  • Good project management skills.
  • Excellent writing and reporting skills.
  • Ability to interact and influence at all levels, internally and externally.
  • Strong communication skills.
  • Proven track record of managing a team of at least 5 -10.
  • Good planning and organizing skills.
  • IFRS 17 Knowledge.
  • Management of Strategic Resources.
  • Business Acumen.
  • Understanding of SAM and Insurance related Regulatory requirements.
  • Strategy and Business Planning.
  • Handling conflict.
  • Good knowledge of PFMA and other Treasury related regulations.
  • Expertise on tax issues.
  • Functional Investment Knowledge.
  • B.Com. Honours in Accounting.
  • 3 years post article experience in a similar role, preferably Financial Services exposure.
  • Up to 5 years post qualification experience in a similar position, preferably in insurance or financial services fields.
  • CA(SA) Advantageous
  • A South African citizen of any gender, preference will be given to an EE candidate
  • The role will be in Illovo, Johannesburg