Finance Manager
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Description
Responsibilities
General Accounting and Financial Management
Oversee and manage the day-to-day financial operations of the business within the automotive insurance environment.
Prepare budgets forecasts and monthly flash results to support operational and actuarial planning.
Conduct Gross Profit (GP) and claims cost analysis to support underwriting and pricing decisions.
Prepare and present monthly management reports and financial statements in line with insurance reporting standards.
Develop and implement financial strategies aligned to business objectives including premium management and claims expenditure control.
Manage and approve credit notes ensuring proper alignment with policy adjustments and customer accounts.
Monitor cash flow budgets and forecasts providing recommendations to improve financial performance and operational efficiencies.
Ensure compliance with regulatory requirements (e.g. FSCA IFRS 17 exposure) and maintain strong internal controls.
Lead cost-optimization initiatives across claims commissions and operational spend.
Supervise mentor and develop the finance team to ensure high performance.
Provide financial support to operational underwriting and claims departments.
Review payroll outputs and perform variance/accuracy analysis.
Oversee cashbook management and daily banking activities.
Manage annual rate reviews and implement premium or pricing adjustments.
Debtors and Creditors Management
Direct and supervise the Accounts Receivable and Accounts Payable functions.
Manage debtor age analysis premium collections and invoice submissions to brokers and partners.
Oversee allocation accuracy for premiums recoveries and payments.
Approve credit limits and credit notes ensuring alignment with underwriting guidelines.
Manage intercompany creditors within multi-entity insurance structures.
Review payments and reconciliations for all third-party creditors including brokers assessors and service providers.
Requirements
Bachelor of Commerce (BCom) Degree in Accounting Finance or a related field.
Bachelor of Commerce Honours (BCom Hons) in Accounting Finance or a related discipline.
Completed SAICA or SAIPA Articles demonstrating professional accounting competency and adherence to South African auditing and financial reporting standards.
Minimum 5 years experience in financial management preferably within insurance financial services or automotive-related sectors.
Strong knowledge of financial reporting analysis and strategic financial planning.
Proven ability to drive informed financial decision-making across underwriting claims and operations.
Advanced proficiency in financial systems and MS Excel.
Excellent communication leadership and stakeholder management skills.
Strong attention to detail with solid problem-solving abilities.
Benefits
- Salary: Based on experience and qualifications.
Contact Hire Resolve for your next career-changing move today
- Apply for this role today contact Gustav Vogel at Hire Resolve or on LinkedIn
- You can also visit the Hire Resolve website: or email us your CV:
- Please use Finance Manager as your subject line when applying via email
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable we will put your CV on file and contact you regarding any future
Package & Remuneration
About Us
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Required Experience:
Manager
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
Hire Resolve connects Job seekers to Employers. The company is a Specialist Recruitment & Staffing company with a national presence with a customer base of listed companies on the JSE and global multinationals. The company prides itself on its technical & industry knowledge. The cons ... View more
